Enjin may not be as popular as Bitcoin or Ethereum, but it has made a name for itself in the crypto space, especially the gaming subsector. It provides an ecosystem of blockchain-based gaming products, and its token is currently considered one of the next crypto to explode.
In this guide, we will provide a comprehensive Enjin price prediction, including short term and long term ENJ price forecasts. We will also discuss Enjin’s current and potential use cases, as well as factors that drive ENJ price. We'll equally highlight the latest ENJ news and provide answers to other pressing questions.
Enjin Price Prediction - Summary
At the time of writing this guide, Enjin was trading at $0.3867. The coin has been on a bullish trend, recording an impressive 5.61% price gain in the previous 24 hours. There's a general consensus that the price will continue to rise in the meantime.
For a quick overview of Enjin long term outlook, here is our Enjin price forecast for the coming years:
- End of 2023 — Enjin, like some other digital currencies, is just recovering from the worst bearish market to hit the crypto space. It’s estimated that the Enjin price prediction for 2023 can recover significantly and reach $1.57 before the end of this year.
- End of 2024 — If Enjin can recover as much as we anticipate, it will build on the momentum to rise further in 2024. According to our forecast, Enjin token can rise to $4.76 before the end of 2024.
- End of 2025 — We expect Enjin’s popularity to rise meaningfully in a couple of years. Improved popularity and increased usage could see the Enjin price prediction potentially rise to $12.5 by the end of 2025.
- End of 2030 — Our Enjin long term price forecast considers the possibility of the network expanding significantly and attracting many new users by 2030. Also, increased crypto adoption across the board can help push ENJ price up to $68 before the end of 2030.
- End of 2040 — Thanks to its infrastructure and potential for growth, Enjin can be a great long term investment. As per our Enjin price forecast, the coin’s price can potentially rise to $114 before the end of 2040.
Cryptoassets are a highly volatile unregulated investment product
ENJ Overview
Cryptocurrency | Enjin Coin |
---|---|
Ticker Symbol | ENJ |
Rank | 147 |
Price | $0.3134611848317048 |
Price Change 24h | 5.35% |
Price Change 7d | 17.52% |
Market cap | $557,547,822.49 |
Circulating Supply | 1,778,682,176.513 |
Trading Volume | $91,132,843.62 |
Enjin Price History
To understand why Enjin is regarded as one of the best altcoins, you need to have a good knowledge of its background story. In this section, we’ll discuss how the Enjin network came to be, as well as how the price of its native token (ENJ) has performed in the past.
Enjin can best be described as a blockchain-based social gaming platform through which users can perform a variety of functions, including the creation of websites and clans. The Enjin network also supports chatting and hosting virtual item stores.
Enjin leverages the Ethereum blockchain, and its native token Enjin coin, which trades under the ticker symbol ‘ENJ’ is an ERCC-20 token. As a blockchain network and social gaming platform, Enjin enables game developers to tokenize in-game items on the Ethereum blockchain. Every item minted on the platform contains ENJ, thereby creating a gaming economy that interests and rewards all participants.
Enjin originally started as a gaming company in 2009. It started transitioning to a blockchain network in 2017 and had a successful initial coin offering (ICO) the same year. Prior to becoming a leading blockchain gaming ecosystem, Enjin achieved success in its previous decade of existence, attracting over 20 million users in the process. One of the co-founders of the network, Witek Radomski, is the co-author of the ERC-1155 Ethereum token standard.
After its successful ICO, it took Enjin a few months to get its token listed on major cryptocurrency exchanges. Top aggregation website, Coinhgecko started tracking the price of the ENJ token after it debuted on top exchanges, recording that its price on the first day, 10th November 2017 was $0.0205594. Its first upward trend was quickly interrupted and the coin dropped to its all-time low price of $0.01865964 on 12th November 2017.
ENJIN price improved noticeably towards the end of 2017, and by 6th January 2018, it was trading for $0.464609. It fluctuated significantly but remained below the $1 mark throughout 2018, 2019 and 2020. The token picked up momentum in 2021 as the crypto market entered a major bull run. By 6th March, it was trading for $1.21 and by 9th April it had reached $3.27. The Enjin Coin (ENJ) experienced up and down price movement for months, eventually reaching its all-time high price of $4.82 on 25th November 2021.
Like most other digital currencies, Enjin token was affected by the 2022 bear market. It went from $2.70 on 2nd January 2022 to $0.5800310 on 13th May 2022. The price dip continued and the coin price reached $0.2624 on 26th December 2022. On 1st January 2023, ENJ traded for $0.241733 per token. It has fluctuated ever since, but a sustained upward trend has been recorded in recent times.
Before we move further in this Enjin price prediction guide, here’s a summary of the most important facts we’ve discussed so far:
- Enjin is a blockchain-based network that supports the minting, trading, managing, distribution and integration of blockchain assets in its social gaming platform
- Enjin was originally founded in 2009 and has remained focused on the gaming industry ever since, growing to more than 20 million users in the process
- Enjin transitioned to a blockchain network in 2017, hosting a successful ICO and building a suite of software products that supports blockchain assets and improves gaming experience
- The Enjin token (ENJIN) started trading on top crypto exchanges in November 207, and the starting price was $0.02055940 per token, recorded on 10th November 2017
- Enjin reached its all-time low price of $0.01865964 on 12th November 2017, a couple of days after it started trading on major exchanges
- Enjin had a massive year in 2021, riding on the back of the crypto bull market to reach its all-time high price of $4.82 per token on 25th November 2021
- While Enjin saw a significant price drop between early 2022 and early 2023, it has entered a bullish trend already, and it is touted as one of the best crypto to invest in.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Enjin Price Prediction 2023
From the few things we’ve discussed, how do you think the Enjin price prediction chart will shape up this year, 2023? Already, we've stated that it has entered an upward trend and that there are high chances that it will continue this way. What are the reasons for this positive outlook?
Firstly, we need to consider Enjin's background story and current status as a basis for a fundamental analysis of its token. The platform was originally created years ago and succeeded in onboarding over 20 million users within a decade. This clearly shows that it is a big player in the gaming industry and has been run properly for over a decade. It may not be listed among the newest crypto to buy now, but it is among the best altcoins of all time.
We’ve also established that Enjin has recorded significant success since transitioning to a blockchain-based, social gaming platform. It has become attractive to several game developers who can easily mint, manage and distribute blockchain items by leveraging Enjin’s infrastructure. These two points are the concrete bases for a positive Enjin price forecast.
At this point, it is important to clearly state the role market factors will play in Enjin price outlook in the months to come. It is common knowledge in the crypto scene that digital assets are still recovering from the worst bearish market to hit the industry. Enjin’s performance, to a large extent, will depend on the performance of the general crypto market.
It’s also important to state here that Enjin is one of the most undervalued cryptocurrency right now. While the price is slowly rising, we need to admit that it is nowhere near where it could be in the event of a bullish crypto market. So, how far can Enjin rise in 2023?
Based on our research and analysis, we project that Enjin will recover and record real gain before the end of this year. We foresee a sustained bullish run in the coming months, especially if the market continues to improve. As per our actual Enjin price prediction for 2023, we expect the coin to reach $1.57 by the end of this year.
Enjin Price Prediction 2024
It’s somewhat easy to identify Enjin as one of the most potential crypto in the market today. What most people can’t point out exactly is when the potential explosion will happen. How soon can the coin rise to new highs? Our analysis shows that it may not take too long.
As a top crypto asset that powers a great gaming platform, the Enjin token can become a lot more useful and valuable in a matter of months. As the gaming industry continues to advance, platforms like Enjin network will serve several participants, including gamers and game developers. This is enough reason to consider Enjin among the best altcoins to invest in.
The roles of demand and supply should never be underestimated. While our Enjin price forecast remains positive, it’s important to remember that the actual price of the asset in 2024 will depend on the demand for its token. Demand is likely to improve in the near future, and it should have a meaningful impact on ENJ price.
It’s possible that the crypto market will recover significantly before 2024. If this is the case, Enjin will likely build on the momentum it’s gathering now to reach new heights.
Our Enjin price prediction for 2024, therefore, estimates that the coin could rise to as much as $4.76 per token.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Enjin Price Forecast Long Term Outlook – 2025 Prediction
Following what we’ve discussed so far, it’s easy to deduce that Enjin has a robust infrastructure that can accommodate a multitude of gaming products and items. It is also very attractive and user-friendly. These facts lend credence to a positive Enjin long term price forecast.
On paper, it seems that Enjin makes for a very good investment opportunity. However, technical credentials and solid viability don’t always equal success in the world of cryptocurrency, so we’ve collated several price predictions from some of the industry’s top analysts.
At this point, it’s also important to reiterate that Enjin is one of the most undervalued crypto assets. The implication is that the coin will most likely rise to fall in the long run. Before 2025, it’s likely that the Enjin token (ENJ) will record a massive price boost. However, we need to remain cautious.
Enjin will most likely attract many gamers and game developers in the next couple of years. The gaming industry is expanding and Enjin has the infrastructure most users can leverage to have a smooth experience with blockchain gaming. There’s no way Enjin long term price prognosis shouldn’t be positive.
There's a need to consider the fact that Enjin is not yet as popular as Bitcoin and Ethereum. In fact, it’s not even as popular as Dogecoin and Shiba Inu, which are meme coins with no serious real-world use case. But it offers real-world gaming solutions and promotes earnings for network participants. Its popularity is bound to improve with time.
An increase in the popularity of a digital asset will most likely result in an increase in its demand. This is especially true when the coin in question solves real-world problems and has the potential to yield significant returns. Enjin token qualifies on both fronts, and this boosts faith in ENJ's long term price potential.
So, how could Enjin long term price forecast shape up in the next couple of years? Most informed crypto experts predict a major bullish trend. Telegoan, for instance, predicts a maximum price of $15, which may appear as unattainable.
ENJ trading below $1 at the moment is definitely not a true reflection of its value. The price will rise significantly before 2025.
As for our Enjin price prediction for 2025, we expect a major growth pattern that will see the token surpass its current all-time high and reach at least $12.50 per token.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Enjin Price Prediction 2030
Enjin price predictions for 2030 should be taken with a pinch of salt - both the cryptocurrency and video game industries move extremely quickly, so even the most comprehensive technical analyses cannot hope to factor in all the potential factors. However, they still have value to investors, as they show what the current expectations are.
It’s time to fully delve into Enjin long term price forecast. So, how could the price of the coin rise in the next seven years? How much of a profit can the coin yield to investors who decide to buy now? Can Enjin be a millionaire-maker coin? Let's explore this further.
It’s possible that Enjin will rise significantly before 2030. In fact, our long term Enjin price forecast is reasonably bullish. However, it is important to understand the factors that could influence this bullish forecast.
The biggest factors that could influence Enjin’s long term price potential are the condition of the network and its infrastructure. Enjin will need to maintain its high standards and continue to improve its infrastructure in order to stay relevant and attractive in the evolving social gaming scene.
Enjin will also need to attract new users and grow its ecosystem in order to maintain sustained growth going into 2030. From our estimations, Enjin can handle the wave of new users that will potentially flood its ecosystem. The company behind the network has shown in the past that it can innovate and perform better with time.
When the Enjin network moves in the right way and network participants attest to the efficiency of potential upgrades, Enjin will enjoy new goodwill. Investors will develop faith in the network and consider it ideal for long term investment goals.
For the sake of emphasis, we need to repeat that Enjin is among the cheapest coins to buy now. This implies that a potential investor can buy sizeable ENJ coins with minimal investment. It also means that the possibility of generating high returns is high.
Long term crypto investments favour those who are comfortable with HODling digital assets for years. Enjin may be a decent coin for this purpose. The Enjin ecosystem may grow bigger and better than most of us expect it to. In the same vein, the price of the asset may skyrocket in the near future.
So, how far can the Enjin token go in the next seven years?
Our long term Enjin price forecast projects that the token can witness significant price growth and reach as high as $68 before the end of 2030.
What Are Experts Saying About Enjin (ENJ) in 2030?
A technical analysis by the CryptocurrencyPricePrediction website indicates that Enjin token prices will rise steadily over the next decade and eventually reach $97.26 by December 2030.
Analysts from ICOcreed are equally optimistic that Enjin coin price will continue rising in the next few years. Through technical and fundamental analysis, these experts are confident that Enjin coin’s value will have climbed to $68.93 by the end of 2030.
Some of the factors that they believe will help drive Enjin token prices during this period include the adoption of NFT technology, upgrades to the Enjin network, and the performance of the overall crypto market.
Enjin Price Prediction 2040
It’s really easy to find Enjin mentioned among the best crypto to invest in right now. This is basically because the Enjin platform is poised for growth in the future, and its token, the Enjin coin is currently undervalued.
Undervalued assets have higher growth potentials than assets that are reasonably priced. Their prices are more likely to rise exponentially when crypto or the wider financial market enters a bullish run. Enjin, as one of the undervalued crypto assets, therefore, can experience exponential growth before 2040.
Buying and HODLing ENJIN till 2040 is a potentially great investment decision. After all, the Enjin token is projected to gain massively in the long run. It may not rise as much as Bitcoin did in its first decade, but substantial growth is expected.
While we cannot authoritatively state where Enjin and the ENJ coin will reach in 2040, we can conclude that it has long term strong growth potential. It is among the coins that can potentially turn an average investment around and reward holders handsomely.
From everything we’ve discussed so far, Enjin merits its place among the best altcoins anyone can buy right now for long term profit. So, how much, exactly, could the coin be worth in 2040?
According to our long term Enjin price prediction, it could go up to as high as $114 per token before the end of 2040.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Potential Highs & Lows of Enjin
At this point, we need to admit that ENJIN's price will continue to fluctuate like the prices of the majority of cryptocurrencies. This section of our Enjin price prediction guide will summarize ENJ’s potential highs and lows for the strategic years we’ve covered thus far:
Year | High | Low |
---|---|---|
2023 | $1.57 | $0.38 |
2024 | $4.76 | $3.55 |
2025 | $12.50 | $9.42 |
2030 | $68 | $48.60 |
2040 | $114 | $98.50 |
What Is Enjin Used For?
The utility of a digital currency influences its pricing meaningfully. So, as a top altcoin, what is ENJ used for? This section of our Enjin price prediction guide will discuss its current use cases and also through some light on potential use cases:
Transaction and gas fees
So many activities are ongoing in the Enjin ecosystem. The Enjin token facilitates all these activities because every item minted, traded or managed on the platform has Enjin as its backing currency. This also means that it sets fees and transaction parameters.
Every developer, gamer, business, institution and other entity using the Enjin network will continue to rely on its tokens for on-chain transactions. Of course, this will continue to exert an influence on the value of the coin.
Method of Payment
ENJ is acceptable within the wider cryptocurrency market as a method of payment. Just like top cryptocurrencies you can buy now, Enjin can be used to settle payments within and beyond the Enjin ecosystem.
There’s no denying the fact that Enjin is a recognized and acceptable digital currency in the crypto universe. Its usage as a method of payment will continue to rise as the network expands and the crypto market continues to go mainstream.
Staking for network rewards
Enjin tokens can be staked to earn Efinity tokens, as part of the ecosystem. This implies that it can yield passive income for anyone who wants to hold on to the coin for a longer period.
Like in most crypto ecosystems, staking in the Enjin network involves locking up your tokens for a specific period to yield returns. Staking can still be improved within the ecosystem, and new reward-yielding activities may still emerge in the future.
In-game purchases and more
The ENJ token can be used across a variety of games using the ecosystem’s wallet. It is a valuable in-game currency that facilitates all kinds of transactions and moves that determine players' experiences.
As the Enjin ecosystem continues to expand, the roles of the Enjin coin will continue to improve too.
Governance token
The Enjin coin also serves as the governance token of the network. It helps the Enjin stakeholders, including the company, developers and users, to govern the network and uphold the value of assets therein.
Every substantial holder of Enjin token can take part in governance decisions by voting on upgrades and network proposals. What this means is that members of the Enjin community collectively determine the direction the network will take at any point in time.
As An Investment Vehicle
Searching for Enjin price prediction and forecast means you see the coin as an investment vehicle. Like other volatile digital assets, ENJ can be traded on different platforms for profit.
As a valuable crypto with potential for growth, Enjin can earn its place among the best coins to buy as an inflation hedge. However, this will only be the case if sustained price growth is recorded in the years to come.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
So What Is Enjin?
Enjin set up a suite of blockchain products to provide developers with everything they need to build, manage and exchange digital assets. Put simply, Enjin is a system for the minting, buying and selling of Non-fungible tokens, built on the Ethereum blockchain.
The Enjin token is the native currency that effectively underwrites the value of NFTs created on the network. If you are unfamiliar with gaming, you may be at a loss as to why this matters. In-game purchases are nothing new but they have become somewhat controversial due to their comparatively high costs.
Enjin solves several issues. Firstly, it offers a means for developers to easily integrate digital assets into games and apps on the Enjin network. From the gamers’ perspective, this will allow for lower fees but also means they get to take ownership of the digital asset - meaning they can effectively sell it on if they choose.
Enjin is central to the project because any NFT created on the network will have an ENJ value. With some 20 million users on the Enjin system, it’s not difficult to see how this project could really take off.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
How Big Is The Gaming Market?
As we’ve already noted, gaming is big business and it’s only getting bigger. In fact, the global video gaming industry is now said to be worth more than the movie industry, with game sales exceeding $180 billion in 2020.
The latest estimates are that some 2.5 billion people worldwide play some kind of video game, so this should give you an idea of the potential reach of any blockchain projects that manage to establish themselves in this market.
Platforms like Enjin are also expected to increase as mobile gaming becomes ever more sophisticated. The global gaming market is expected to reach $256.97 billion by 2025 and if this pans out to be true, any forward-thinking investor should be looking to gain exposure to it - and Enjin offers the perfect opportunity to do so.
How Could Enjin Future Utility Affect Price?
To classify an asset as part of the next crypto to explode you need to consider its future utility. So, what could be the future utilities of Enjin coin? What are the possible new use cases the coin may acquire as the years roll by?
As we’ve demonstrated in this Enjin price prediction guide, ENJ tokens are used for a wide range of activities within the ever-expanding ecosystem. We’ve also established that its use cases extend to the wider crypto universe. Therefore, the potential for growth is already there.
Enjin coin’s future utility will depend on how the ecosystem develops, as well as how the wider crypto market grows. From what we've witnessed so far, it is rational to expect a bullish Enjin price trend because of internal and external developments.
One key area we need to highlight in this section of Enjin price forecast is the emergence and wide acceptance of Bitcoin ETFs. As one of the best altcoins, ENJIN, has all it takes to become part of exchange-traded funds.
By becoming a part of crypto ETFs, Enjin coins will be exposed to a wider variety of investors, including institutional investors. This is another solid reason to expect Enjin long term price prediction to remain bullish for the foreseeable future.
Who Are Enjin’s Main Competitors?
There can be little doubt that Enjin certainly is targeting a big enough market. However, it’s success rests on its being able to effectively dominate that market. With this in mind, its important to consider any potential rivals for Enjin.
When looking for other gaming-focused cryptocurrency projects, several names crop up again and again: Immutable, Decentraland and Axie Infinity. So do either of these pose a threat to Enjin?
Immutable is probably the closest to Enjin in terms of project goals. It is effectively a layer 2 solution designed to help developers implement NFT products into their games. However, Immutable launched in April 2021 so has a fair bit of ground to cover before it can rival its predecessor.
It’s also worth noting that, at this stage at least, Enjin offers a far more sophisticated and complete infrastructure than Immutable.
And what of the other two? Realistically, Decentraland - an online virtual world - and Axie Infinity - a system that rewards gamers with cryptocurrency - are two different to be considered rivals. In fact, either project would complement Enjin as part of a gaming industry-focused portfolio.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
What Drives The Price of Enjin?
Basic economics detects that demand and supply are the biggest drivers of price in the money and asset market. Enjin is part of this large market. Besides these factors, a plethora of other factors can be influential too. This section of Enjin price prediction guide will discuss the numerous factors that could drive Enjin future price prospects in the future:
Activities within the Enjin Ecosystem
There are several activities within the Enjin ecosystem that can drive its price, including upgrades, new features and products. From what we know about the network, lots of activities will continue to go on within the ecosystem.
Partnerships and collaborations can also be grouped under on-chain activities that can drive Enjin price prospects. The platform has what it takes to attract valuable partners, and this will be vital in driving the price of the native coin, ENJ.
Social Media Activities
It’s a known fact that social media play important role in the life cycle of digital currencies like Enjin coin. It will continue to drive the price of these currencies, including that of ENJ.
The majority of Enjin users and investors are on social media. They discuss the coin, among other cryptos, and their discussions and general sentiments determine affinity to the coin, thus driving the price of the asset at all times.
Growth in Crypto Adoption
Crypto adoption is growing at a commendable pace, and it plays a principal role in determining the prices of both mainstream crypto assets and new altcoins.
As crypto adoption continues to grow, the prices of assets will rise. Enjin will benefit from such price growths because it is among the most undervalued crypto assets at the moment.
Crypto Market Regulation
Crypto regulation is another hot topic we must consider in this section of Enjin price forecast guide. It’s no longer news that governments around the world are discussing crypto market regulations. It’s only a matter of time before we get well-defined market frameworks within certain jurisdictions.
While we can't predict the effects of market regulations with certainty, we can deduce that they may have positive and negative impacts. It may actually turn out to be good news for the most valuable crypto assets, including ENJIN.
Institutional Investments
The place of institutional investments cannot be overemphasized in the crypto scene. They enable teams to complete projects and launch on time. They also help to improve the valuation of most blockchain assets.
We expect that Enjin will be able to attract more institutional investments in the future. Such investments will drive ENJ price upwards in most instances.
Latest Enjin News
Before rounding off this Enjin price prediction guide, it is important to provide you with the relevant latest news stories surrounding Enjin and the Enjin token (ENJ). These are the most relevant ones at the time of publishing this post:
- Enjin coin has crossed a key resistance: it may be a good coin to buy now
- Enjin coin poised for a 27% rally as Binance adds the token to its Proof of Reserves
- Enjin is among five altcoins above 200-day MA that could explode soon
Should You Invest In Enjin?
The gaming industry is a huge market and projects like Enjin present a great opportunity for cryptocurrency investors to dip their toes in the water, so to speak. Whilst there are other blockchain projects aimed at gamers and developers, Enjin seems to offer the most complete package.
Most Enjin price predictions suggest that the altcoin can expect to see a significant growth over the coming years. Leading analysts vary wildly on their forecasts - but if even the most conservative predictions pan out, anyone who chooses to invest in Enjin could see decent returns.
Of course, such returns are by no means guaranteed but these forecasts are certainly a good sign for Enjin. The company behind the project also has other developments in the pipeline which could, in theory, further boost ENJ’s price in the coming months.
So should you invest in Enjin?
All thing’s considered, Enjin is certainly a worthy addition to any cryptocurrency investment portfolio and presents an alternative to the major tokens such as Bitcoin, Ethereum and Cardano in that it is effectively competing in a different space. The comparatively low price of the token also makes it possible to gain a significant holding with minimal outlay.
Enjin may well prove to be an excellent investment over both the short term and long term.
Where To Invest In Enjin
Enjin isn’t as widely listed as some of the major cryptocurrencies so if you want to add it to your portfolio you’ll need to find somewhere you can actually buy it. Fortunately, one of the leading trading and investment platforms, eToro, has recently added ENJ to its list of tradable cryptocurrencies.
Not only does eToro have a stellar reputation in the industry, it is also one of the most approachable trading platforms out there - you can be up-and-running with a new account in minutes and you’ll then have access to all the tools you need to buy and sell crypto - including Enjin.
Conclusion – Enjin Price Prediction
So far, we’ve offered the most comprehensive Enjin price prediction guide with the hope that it will help readers make better decisions. We covered the most important things you should know, including short term and long term Enjin price forecasts.
Based on our research and analysis, we submitted that Enjin is one of the most undervalued crypto assets at the moment. We also emphasized that Enjin is one of the cheapest coins you can buy now and keep for the future in order to generate meaningful profit.
Now, it is important to remind you that Enjin is a volatile asset, meaning its price will continue to rise and fall. However, our Enjin price forecast remains bullish for the foreseeable future. Finally, you should keep in mind that choosing the right platform is important when you want to buy cryptocurrency. Over the years, we’ve identified eToro as one of the best online brokers and the best place to buy crypto and other investment vehicles.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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FAQs Enjin Price Prediction
What was the starting price of Enjin?
The starting price of ENJIN, According to data from Coingecko, was $0.02055940 per token, and it was recorded on 10th November 2017
What was Enjin's highest price?
As at the time of posting our Enjin price prediction guide, Enjin’s all-time high price was $4.82 per token, and it was recorded on 25th November 2021, at the peak of the crypto bull market run.
What will Enjin be worth in 2023?
Based on our research and analysis, Enjin price prediction for 2023 is a maximum of $1.57 per token. While this is way below its all-time high, it is a significant improvement from the current valuation.
What is the Enjin price prediction for 2024?
As per our Enjin price prediction for 2024, the coin is estimated to reach a valuation of $4.76 before the end of the year.
What will Enjin coin (ENJ) be worth in 2025?
In the next couple of years, Enjin may grow in popularity and value. Based on our analysis, the coin could rise to $12.5 before the end of 2025.
How much will Enjin be worth in 5 years?
In the next five years, Enjin must have grown significantly and its token more valuable. As its use cases expand within and beyond its ecosystem, ENJ’s price could hit $42 by 2027.
What is the Enjin price prediction for 2030?
Our Enjin price prediction estimates that the coin could hit $68 by 2030. A significantly improved market condition and wider crypto adoption may drive this major price gain. Enjin’s ability to generate new use cases can also be influential.
Will Enjin go up?
Yes, Enjin price will likely go up. We mentioned in the body of this forecast guide that Enjin is one of the most undervalued crypto assets. The implication is that it will most likely rise in the years to come due to market factors and other factors that drive the price of crypto assets.
Is Enjin a good investment?
Yes, ENJIN can and should be considered a good investment. The coin is currently undervalued, trading under $1 at the time of writing. Chances are high that it will rise significantly in the coming years, and the return it can yield to prospective investors could be massive.