ENJ is the native token of the Enjin Coin Network. Enjin Coin ecosystem enables gamers to trade and earn non-fungible tokens (NFTs). Enjin Coin was initially launched as an ERC-20 token on the Ethereum blockchain before it was established on mainnnet. What is Enjin Coin (ENJ)? Enjin Coin platform enables its users to trade and discover rare NFTs, from gaming items and digital art to collectibles from your favorite brands. Enjin provides the end-to-end solution needed to launch NFT projects that help you generate new revenue streams and accelerate your company’s growth. Developers, businesses, and individuals can build games on the Enjin platform. Now, we shall consider the Enjin Coin price prediction for the coming years. Flashback: Fundamental Analysis of Enjin Coin (ENJ) In an announcement on the Enjin Coin blog, it was stated that the platform had also launched over 100 gaming apps on the Polkadot blockchain. This increase in the number of blockchains where the ENJ can be traded will directly impact the future price of Enjin Coin as a result of improved adoption. We shall now consider what charts are showing about the Enjin Coin price prediction. https://www.tradingview.com/x/57D3ziXV/ From the 1-day chart above showing the EMA Ribbon indicator for ENJ/USDT, we can deduce that the price of Enjin Coin might dip soon. This is because the EMA ribbon moving average is above the recently formed candlesticks. https://www.tradingv...
