Price Prediction Enjin 2021 – 2025. ENJIN COIN news.
What is Enjin Coin?
Enjin has truly been an outperformer in the recent month identify the potential market leaders of tomorrow and enjin is exactly that.
The token reached its all-time high of $2.81 on Monday. The cryptocurrency was among the most discussed tickers on Stocktwits.com as well.
The token’s listing on Huobi was announced on Monday along with a 43,000 ENJ reward for depositors by the protocol.
ENJ has soared 1,855.88% on a year-to-date basis current rank 46 largest coin in the world. In comparison, ETH has returned 149.82%.
What Makes Enjin Coin Unique?
Enjin Coin is unique in that every token minted with Enjin Platform, the company’s blockchain platform, is directly backed by ENJ, giving in-game or other kind of digital items real-world liquidity.
Enjin Coin uses a series of smart contracts to which game developers send ENJ to mint new, unique fungible or nonfungible ERC-1155 tokens. These tokens can be traded on the Enjin Marketplace, which launched in September 2019, or exchanged for their backing at any time. As more custom tokens are minted, more ENJ is removed from the ecosystem, thus making it scarcer.
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