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Will the value of Enjin Coin ramp up? It’s possible, since there has been a drop in the overall crypto market while a lot of progress has been made in the NFT industry and blockchain technology.
Enjin is a cryptocurrency that was first introduced in 2017 by the Enjin company, and since it’s an ERC-20 compliant token, this means that it can be transferred and received using an Ethereum wallet. But Enjin technology is capable of much much more!
Enjin’s best feature is its ability to integrate itself within games. As a result, Enjin Coin can also be used in a variety of transactions, including the purchase, sale, or trading of NFTs, much like a currency. The Enjin Coin will allow different players to purchase different game items. For this reason, online multiplayer role-playing game fans will absolutely adore this token!
The reality is that this type of unstable condition is inescapable in crypto. But if we look at the nature of Enjin Coin, it’s likely to be a major player in the future because Enjin could naturally ride the NFT wave because that’s what it’s all about!