ENJ 12h Do you still have the strength to grow?Two months have passed since the publication of the previous idea of ENJ
And here's how it worked:
As we expected, the absolute maximum of the ENJUSDT price in the region of $0.48 was not updated from the first try.
There was a drop to $0.29, a consolidation and from the second time they were able to break through and gain a foothold above $0.48
And then we have uncorrected growth. A small consolidation was near the level of $1.25, which was the first target of profit fixing for us.
Probably one of the main factors behind this growth was the fact that Enjin Coin is an NFT token. And NFT tokens are now trying to hype no worse than Defi projects almost like a year ago.
Now the critical level is $2.90
Fixing the ENJUSD price above this level will open the way for another upward impulse to $4.00-4.10
If sellers are activated right now, then a sharp drop in price by -50% to $1.25 is possible.
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Enjusdforcast
ENJ/USD LONG SET UP FOR NEW ALL TIME HIGHSThe news was released on Tuesday and it says that game engineers will be able to benefit from what decentralized inventory has to offer, from integrating both gaming and non-gaming assets based on blockchain and from managing economic mechanics when it comes to the game play. Here’s what Maxim Blagov, Enjin’s CEO, said in a press release (blog.enjin.io) about the platform:
“OUR PLATFORM IS DESIGNED TO INTEGRATE SEAMLESSLY INTO NEW AND EXISTING GAMES ALIKE, PROVIDING A COMPETITIVE EDGE TO STUDIOS OF ALL SIZES AND ACROSS ALL GENRES.”
The ERC-1155 Token Standard Supported
The Enjin Platform is comprised of many services and tools based on supporting Ethereum’s ERC-1155 token standard web interface that developers may use in order to integrate non-fungible (NFTs) and fungible tokens in a smart contract. NFTs are used for crypto collectibles and most known for having some rare aspects. They use the Enjin coin (ENJ) (bitcoinexchangeguide.com) to back the in-game assets’ value.