Enjin Coin has surged by 11% since yesterday thanks to an eToro listing. Since being launched on prominent cryptocurrency broker eToro a month ago, Enjin Coin (ENJ) has seen a steady 59 percent increase.
As NFTs grow more and more fundamental to the gaming industry, gamers will be able to enjoy a new sense of ownership over their virtual lives. The project is regaining steam.
Enjin has become accessible on eToro, one of the most well-known and trusted cryptocurrency exchanges.
This makes purchasing ENJ much simpler than before.
Acquiring ENJ Coin
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Enjin is an Ethereum-based cryptocurrency project that connects the gaming world with nonfungible tokens (NFTs) in the most integrated way imaginable.
In-game items can be tokenized as one-of-a-kind NFTs with real-world value backed by ENJ tokens, allowing game developers to create unique, one-of-a-kind things. Enjin Coin (ENJ) is the in-game currency that allows players to build a store to sell in-game things.
Social Gaming Platform
Players can possess each item, which they can then demolish to get ENJ money. This provides in-game things with real-world worth and allows users to exchange their favorite items between games.
Now that the crypto bull market is back in action, the euphoria around NFTs in the gaming sector is only becoming stronger. Also, Enjin’s eToro listing has helped to generate even more viral interest in the currency.
While much of the market is down, ENJ is up 11% in the last 24 hours. It shows a great market performance from the project.
Now could be a good moment to invest. With a strong consolidation building the groundwork for a run back up to ENJ’s all-time high of $3.94. The price is at $2.09, and momentum is continuously increasing, lowering the risk of a pullback.
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