![]() ![]() The minting process can also be reversed, as every item can be transformed back into coin. The required amount of ENJ tokens is removed from their wallets and locked inside the assets they create, effectively eliminating the tokens from the market and creating scarcity. Through this process, items created with the Enjin platform are infused with ENJ tokens.ĭevelopers that mint items with the Enjin platform have to use ENJ. ENJ is infused into digital assets through minting. JumpNet is an upcoming Ethereum scaling product that will enable fast and free transactions of ERC-20 and ERC-1155 tokens.ĮNJ is built on Ethereum network in accordance with the ERC-20 token standard, which means that it can be used in transactions and smart contracts. In the end, the developers decided that the project was going to work on a custom scaling solution called JumpNet. Any digital asset created on Enjin is assigned a value in ENJ.Įnjin is also one of the first projects that started testing the Raiden Network, Ethereum’s version of the Lightning Network. Users can create new video games or design items that can be sold and used across multiple different video games, without having to write any blockchain code. Enjin Coin was created as a complete ecosystem that offers its users a variety of products designed to allow anyone to enter into the world of blockchain, regardless of their level of knowledge.Įnjin adopters can use the platform to create ENJ-backed digital assets and use them in many ways. The ICO launched in 2017, and raised $18.9 million to fund development. To cryptocurrency fans, Enjin is best known for its ENJ coin and its involvement with non-fungible tokens (NFTs).Įnjin Coin (ENJ) was created as a company project, co-founded by Enjin CEO Maxim Blagov and CTO, Witek Radomski. In terms of market cap, Enjin Coin is currently ranked #35 in the Ethereum (ERC20) Tokens sector, ranked #8 in the NFT Tokens sector, ranked #5 in the Gaming sector and ranked #6 in the Metaverse sector.Įnjin Coin (ENJ) is an Ethereum-based cryptocurrency used to directly back the value of next-generation blockchain assets.Įnjin, is a company that has been deeply involved with the gaming industry since 2009. ![]() The current yearly supply inflation rate is 14.65% meaning 127.78M ENJ were created in the last year. The Enjin Coin price prediction sentiment is currently bearish, while Fear & Greed Index is showing 57 (Greed).Įnjin Coin's current circulating supply is 1.00B ENJ out of max supply of 1.00B ENJ. The highest ENJ price since the last cycle low was $ 0.564815 (cycle high). The lowest price since it's ATH was $ 0.231208 (cycle low). The ENJ price decreased -0.12% in the last 24 hours.Įnjin Coin reached its highest price on when it was trading at its all-time high of $ 4.84, while Enjin Coin's lowest price was recorded on when it was trading at its all-time low of $ 0.015514. Copy link A decentered black square over a white square.Enjin Coin price today is $ 0.398018 with a 24-hour trading volume of $ 76.86M, market cap of $ 398.02M, and market dominance of 0.03%. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Facebook Messenger An icon of the Twitter app logo. Facebook Messenger An icon of the facebook messenger app logo. Loading Spinner An icon of a loading spinner. Success Tick Timeout An icon of a greyed out success tick. Information An icon of an information logo. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Video Camera An icon of a video camera shape. Previous An icon of an arrow pointing to the left. Notice An explanation mark centred inside a circle. Next An icon of an arrow pointing to the right. Learn more about the AOL app and download it from the App Store.The AOL app is available for iOS devices running iOS 12 or newer. Hamburger Menu Icon An icon used to represent a collapsed menu. Search Icon A magnifying glass icon that is used to represent the function of searching. Magnifying Glass An icon of a magnifying glass. Comments An icon of a speech bubble, denoting user comments. ![]() Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Breaking An icon of an exclamation mark on a circular background. Pause Icon A two-lined pause icon for stopping interactions. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Is Public An icon of a human eye and eyelashes. Telephone An icon of a traditional telephone receiver. Profile An icon that resembles human head and shoulders. Linked In An icon of the Linked In "in" mark. Facebook An icon of the Facebook "f" mark. Caret An icon of a block arrow pointing to the right. Cancel An icon of a circle with a diagonal line across. ![]()
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