Samsung Push: Crypto World In Euphoria Over Enjin Coin (ENJ)'s 500% Price Increase - Today's Gazette - Cryptocurrency, Bitcoin News
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Samsung Push: Crypto World In Euphoria Over Enjin Coin (ENJ)’s 500% Price Increase

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Samsung Push: Crypto World In Euphoria Over Enjin Coin (ENJ)’s 500% Price Increase

The cryptocurrency space is astonished after seeing Enjin Coin (ENJ) rise by over 500% within a month. Late February, the digital asset received its lifetime boosts when it was first rumoured that it partnered with Samsung and that it was now compatible with Samsung S10.

Enjin Coin (ENJ) went up 200% against the US dollar after the publication by Asia Crypto News that the two firms have partnered.

Since then, Enjin Coin has been seeing myriads of growth to the extent that it now seats at the 44th position in the coin market.

At the time of filing this information, Enjin Coin (ENJ) has a market cap of $128 million with a 24hour volume of $116 million. The digital asset has a circulating supply of over 762 million as against the total supply of 1 billion.

Read: Enjin Coin (ENJ) Rockets 223% On Samsung Partnership Confirmation

In the last 24hours, Enjin Coin has seen over 63% price growth, while in the last 7 days it saw over 108% price upsurge.

Crypto World Praises Enjin Coin (ENJ)

Analysts and crypto educator like Boxmining were surprised of the Enjin Coin (ENJ)’s sudden growth, however, they all attested to the unique use cases of the digital asset.

Also READ  Litecoin (LTC), Enjin Coin (ENJ), Stellar (XLM) Price Prediction: April Probable outcome.

Boxmining said: “Watching $ENJ is insanity. Been talking about @enjin for 2 years, and never had this project had so much attention. Lesson learned: Solid tech wins, but boy was it a long 2 years. Now irrational FOMO is taking over.”

Also, CEO Binance CZ Binance has praised the digital asset for a deserved progress.

Enjin Coin (ENJ) To Introduce Millions of Game Developers To Blockchain Through Unity

Enjin Coin (ENJ) is bringing in millions game developers into the blockchain world after a partnership agreement was signed between the blockchain firm and Unity, one of the most respected and well-known game development platform across the globe.

Read: Unknown Cryptocurrency S4FE (S4F) Seats at 49th Position after 600% Growth in Two Weeks

Also READ  Enjin Coin (ENJ), Omisego (OMG), Digibyte (DGB) Price Prediction for 2019/2020/2021: Promising Long Term Outlook

To show that Unity is widely popular, available information reflects that over three Unity games have been installed for every single person on earth, and more than half of all mobile games run on Unity.

The partnership with Unity came with a software development tool for Unity developers, and the testnet will soon be unveiled through the Unity asset store.

Enjin Coin is widely celebrated for its use case and its readiness to bring revolution into the gaming world through blockchain.

In fact, Enjin Coin is regarded as the leader in blockchain gaming, its CTO Witek Radomski designed the ERC-1155, a standard that combines all the properties of ERC-721 and ERC-20.

Image Credit: Bitrates.com

Olayode grows businesses and develop ideas! He has made meaningful guest contributions to Huffington Post, Oracle Times, The Independent Republic and a host of other tech platforms.He's a blockchain enthusiast, with love for international politics.

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