It’s true that Enjin Coin was a great disappointment for investors in 2019. ENJ price went down from $0.000001 on January 1st 2019 to $0.080554 on December 31 2019. However, it is worth monitoring our Enjin Coin price prediction algorithm: Enjin Coin might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, ENJ might be the coin to watch closely now.
The current Enjin Coin price is $0.087699, its circulating supply is 799 438 521 ENJ. Our algorithm predicts that based on historical data Enjin Coin price will be at $0.111176 in 1 week and $0.126749 in 1 month. Our deep learning algorithm predicts the ENJ price will be at $0.126556 in 6 months. Analysis of the cryptocurrency market shows that Enjin Coin price may reach $0.254228 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that ENJ will stay around $0.229272 in 2020, $0.254228 in 2021, $0.268393 in 2022, $0.307929 in 2023 and $0.342478 in 2024.
While creating the Enjin Coin prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.126556 and lowest possible predicted price is $0.095503.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Enjin Coin has the potential to stay within "survivors" team. Our Enjin Coin short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Enjin Coin Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Enjin Coin forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Enjin Coin (ENJ)?
The current price of Enjin Coin is $0.087699.
What is the current market capitalization of Enjin Coin (ENJ)?
The current market capitalization of Enjin Coin is $70 110 082.
What will be the price of Enjin Coin (ENJ) Tomorrow?
Our algorithm forecasts that the price of Enjin Coin will reach $0.089266 tomorrow.
In 1 year from now what will 1 Enjin Coin be worth?
As per the forecast and algorithmic analysis, the the price of 1 Enjin Coin will be around $0.229272.
Is it profitable to invest in Enjin Coin (ENJ)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Enjin Coin (ENJ) as a short term investment. Enjin Coin can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Enjin Coin be growing in the Future?
Enjin Coin is potentially one of the most profitable among digital coins.
How high can the Price of Enjin Coin go?
Our algorithm forecasts that the price of Enjin Coin will reach $0.342478 by 2023.
Is Enjin Coin (ENJ) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Enjin Coin now.
It looks like Enjin Coin went on an autumn vacation this year as the price of this lovely cryptocurrency hasn't changed much during the last three months. Of course, the coin had its ups and downs, but nothing too significant as most action revolved around the line of $0.06. I am not a very big fan of altcoins, but Enjin Coin caught my fancy for no particular reason and I have been following (and owning) it since the beginning of the year.
Enjin Coin is one of the few cryptocurrencies that brought some profit to its holder, especially to those who purchase this coin at the year's dawn. ENJ had 59.95% gains, starting from January 1 to date. Not a bad display, considering that many other altcoins, such as ETH, EOS, or BCH have had much more modest performance in that regard. When it comes to the undervalued cryptocurrencies, Enjin Coin could be placed in the top 10.
What goes up must come down. This is the simple rule that governs crypto as well as everything else. I knew that when ENJ rocketed up a few months ago it would have to come back to earth at some point. An here it is, already fallen 20% in the last week. This game is really predictable but the majority of investors keep thinking their coin will just rise nonstop. It's best to take your profits and wait till the coin drops again. Then once this happens, you can rebuy a great project. ENJ is a great project because it's already adopted by Samsung, which is huge. So ENJ is a quality project, but it's best to wait for this coin to settle down. It may go into a downtrend over the next month, but when it pops us- expect a big leap into the green.
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