Enjin provides a platform for building games and apps on blockchain and is catching the attention of a lot of game developers. ENJ, the native token of Enjin, is soon becoming one of the favorite blockchain token for gaming.
Enjin provides a platform and framework for development of several apps and specializes in blockchain game development. It has several products which make it easy for everyone to develop, trade, monetize and market with blockchain. The developments made by Enjin will soon start reflecting in ENJ price.
Games on Enjin
Several games have been developed using Enjin. Some of the famous ones are Age of Rust, The Six Dragons, Lost Relics, AlterVerse, etc. It has also facilitated the development of dApps like Azure heroes and Pluriform. ENJ is the first gaming token approved in Japan.
Enjin facilitates infinite transactions between players and game servers at a very high speed and zero cost. It is one of the preferred platforms for creation of virtual worlds.
Let us review ENJ price.
ENJ/USD – Price Prediction
ENJ broke out of a long term accumulation zone at $0.16 to quickly jump 100% towards $0.33. It faced a rejection at the upper resistance of $0.42 and revisited the support zone at $0.33 to continue the journey higher. If ENJ can break the resistance at $0.56 and flip it to support by closing few daily candles above this zone, we could start seeing a move towards $0.62, $0.70, $0.92, $1.29 and $1.65. Failure to break the resistance at $0.56 could lead to a drop towards $0.42 to revisit support. This could be a great entry point for ENJ.
ENJ is currently trading at $0.55 with a market cap of $510,042,189. Its 24 hour trading volume was $77,128,936.
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Source: altcoinbuzz.io
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