Alright so we will be going over the good ole ENJIN Coin and how to buy it if your in the US. ENJIN is a gaming token used for in game currency, and has recently had a 3000 plus percent gain in the last 24 months and since has dropped a lot. Fortunately it still has a lot of good things going on for it so let’s explore.
What Is ENJIN?
ENJIN Coin is a cryptocurrency for virtual goods created by ENJIN. ENJIN is the “largest gaming community platform online” with over 250,000 gaming communities and 18.7 million registered gamers. ENJIN is an ERC20 token built on the Ethereum network. With that, the project not only acts as a cryptocurrency but also has smart contract capabilities. It’s also one of the first projects testing the Raiden Network, Ethereum’s version of the Lightning Network.
How To Buy It
You can currently buy ENJIN on Binance.US. They have over 100 plus different coins that you can buy. They are also one of the biggest exchanges in the world. When it comes to doing actual trading of cryptocurrency they are one of the best. With fee’s as low as .10 for buying and selling I would highly recommend checking them out.
For most of its life ENJIN was never able to achieve a high price point. With around 800 million coins in circulation the highest price it had ever reached up until recently was $.20 cents. However a new all time high was recently achieved of $4 dollars per coin. Pretty crazy stuff until it fell of course.
Can It Reach $10 Dollars?
So can ENJIN coin reach $10 dollars in 2023? Well considering its currently ranked in the top 50 coins now on coinmarketcap anything is possible. Its marketcap is right around 500 million meaning it would only need to 20x that number to hit around $10 dollars per coin. That would place it in the top 25 coins. While this is not financial advice I do believe we could see this happening in the next couple of years.
Personally I really like ENJIN coin. I think it has niched itself perfectly for growth in the cryptocurrency ecosystem. It would definitely not surprise me to see it hit $10 dollars this year. Going any higher than that would be a bit optimistic however. If you would like to grab some of this gaming token on Binance US click here.