Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Enjin Coin price

Enjin Coin priceENJ

focusIcon
subscribe
Listed
Buy
Quote currency:
USD

How do you feel about Enjin Coin today?

IconGoodGoodIconBadBad
Note: This information is for reference only.

Price of Enjin Coin today

The live price of Enjin Coin is $0.1682 per (ENJ / USD) today with a current market cap of $302.17M USD. The 24-hour trading volume is $24.08M USD. ENJ to USD price is updated in real time. Enjin Coin is -2.48% in the last 24 hours. It has a circulating supply of 1,796,577,300 .

What is the highest price of ENJ?

ENJ has an all-time high (ATH) of $4.85, recorded on 2021-11-25.

What is the lowest price of ENJ?

ENJ has an all-time low (ATL) of $0.01562, recorded on 2017-11-02.
Calculate Enjin Coin profit

Enjin Coin price prediction

What will the price of ENJ be in 2026?

Based on ENJ's historical price performance prediction model, the price of ENJ is projected to reach $0.1586 in 2026.

What will the price of ENJ be in 2031?

In 2031, the ENJ price is expected to change by +35.00%. By the end of 2031, the ENJ price is projected to reach $0.3076, with a cumulative ROI of +76.71%.

Enjin Coin price history (USD)

The price of Enjin Coin is -36.81% over the last year. The highest price of ENJ in USD in the last year was $0.6867 and the lowest price of ENJ in USD in the last year was $0.1195.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-2.48%$0.1677$0.1760
7d-21.33%$0.1605$0.2192
30d-28.92%$0.1605$0.2548
90d+6.04%$0.1243$0.3940
1y-36.81%$0.1195$0.6867
All-time+591.90%$0.01562(2017-11-02, 7 years ago )$4.85(2021-11-25, 3 years ago )

Enjin Coin market information

Enjin Coin's market cap history

Market cap
$302,167,034.2
Fully diluted market cap
$313,891,689.88
Market rankings
Buy Enjin Coin now

Enjin Coin market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • ENJ/USDT
  • Spot
  • 0.1676
  • $69.59K
  • Trade
  • Enjin Coin holdings by concentration

    Whales
    Investors
    Retail

    Enjin Coin addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
    loading

    Enjin Coin ratings

    Average ratings from the community
    4.6
    101 ratings
    This content is for informational purposes only.

    About Enjin Coin (ENJ)

    What is Enjin Coin?

    Enjin is a community gaming platform established in 2009. Founded by Maxim Blagov and Witek Radomski, Enjin has evolved to become a robust ecosystem offering a range of interconnected, blockchain-based gaming products. Initially, the company focused on the Enjin Network, a social gaming platform where users could create websites, form clans, chat, and set up virtual item stores.

    In 2017, Enjin took a significant leap, positioning itself as a leading blockchain ecosystem developer. The company embarked on creating a suite of software products that facilitate the easy minting, management, and trading of blockchain assets. Witek Radomski, the co-founder, played a pivotal role in the development of non-fungible tokens (NFTs), even co-authoring the ERC-1155 Ethereum token standard. This innovation laid the groundwork for game developers and businesses to integrate tokenized digital assets into their strategies, enhancing user engagement and monetization avenues.

    Resources

    Official Documents: https://docs.enjin.io/

    Official website: https://enjin.io/

    How Does Enjin Coin Work?

    At the core of Enjin's functionality is the innovative concept of tokenizing in-game items on the Ethereum blockchain. This process is facilitated through the Enjin Platform, a development environment where creators can mint new, unique fungible or non-fungible ERC-1155 tokens. These tokens, backed by Enjin Coin (ENJ), can be traded on the Enjin Marketplace or exchanged for their backing ENJ, infusing them with real-world liquidity. The platform operates through a combination of on-chain and off-chain processes, ensuring swift and secure transactions. When a transaction is initiated, a Trusted Platform communicates with the users' smart wallets, updating the game or website instantly with a placeholder until the Ethereum blockchain validates the transaction.

    Enjin's "melting" functionality stands as a testament to its commitment to transparency and user empowerment. This feature allows users to destroy their blockchain assets at any time, retrieving the ENJ value embedded within them. This mechanism not only ensures the scarcity of the assets but also provides them with a reserve value, fostering a decentralized economy where assets have tangible value and liquidity.

    What is ENJ Token?

    The ENJ token, an ERC-20 token issued on the Ethereum blockchain, serves as the main token of the Enjin ecosystem. It acts as a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, which is locked inside the NFTs and removed from circulation, thereby establishing a reserve value and ensuring their scarcity. This unique structure gives the assets instant liquidity and utility in games and apps, fostering a vibrant economy within the Enjin ecosystem. Moreover, the ENJ token operates through a series of smart contracts, which have undergone several audits to ensure their security and reliability.

    Enjin Coin’s Impact on Finance

    Enjin has significantly influenced the financial sector through its innovative blend of blockchain technology and the gaming industry. By establishing a decentralized platform where virtual in-game items possess tangible value, it has effectively merged the realms of virtual and real-world economies. This groundbreaking move has unveiled fresh opportunities for monetization and investment, empowering gamers to trade and invest in digital assets similarly to how they handle traditional financial tools.

    Moreover, the launch of the ENJ token has introduced a novel asset category, expanding investment and trading possibilities that were not accessible before. Given its properties that protect against inflation and its potential to encourage both liquidity and transparency in the gaming sector, the ENJ token solidifies Enjin's role as a pioneer in uniting the gaming and finance sectors. This initiative has the potential to redefine the financial framework in the forthcoming years.

    What Determines Enjin Coin’s Price?

    In the ever-evolving world of cryptocurrencies, the Enjin Coin price has consistently been a topic of keen interest, largely due to its deep connection with the gaming industry. The ENJ price today is shaped by a myriad of factors including its capped supply and the ongoing projects building on the Enjin multiverse. Predicting the Enjin Coin price often involves analyzing trends in the crypto market and the broader economy.

    As the ENJ coin value experiences fluctuations, both enthusiasts and potential investors are monitoring the Enjin Coin price history to gauge the potential trajectory of this digital asset. Keeping tabs on the ENJ cryptocurrency price is essential, and many resort to platforms that offer real-time ENJ price analysis.

    Investors who are keen on making informed decisions frequently refer to the Enjin Coin (ENJ) price chart to get a comprehensive view of its performance over time. The current Enjin Coin value is also a reflection of its growing popularity in the gaming sector, where the coin is being used increasingly for buying, selling, and trading Non-Fungible Tokens (NFTs) within the Enjin ecosystem.

    At the time of writing, the ENJ market cap stands impressively at over US$240 million, showcasing its growing prominence in the crypto space. Moving forward, many believe that the Enjin Coin price forecast is promising. The platform is garnering substantial attention, receiving millions of global views per month and facilitating a booming market in virtual goods sales across Enjin community stores.

    The latest ENJ price trends point towards a bright future, particularly given its potential to revolutionize the creation and management of virtual goods. Many speculate that the ENJ coin price prediction for 2023 might indicate a significant uptick, as more investors begin to recognize the potential of gaming cryptocurrencies. Keeping abreast of ENJ price updates and tracking the ENJ USD price can provide keen insights into its potential growth trajectory.

    Conclusion

    In the rapidly evolving intersection of gaming and finance, Enjin has emerged as a pivotal player, transforming the virtual goods marketplace with its innovative blockchain network. Founded in 2009, it has burgeoned from a social gaming platform to a blockchain ecosystem pioneer, leveraging the potential of Enjin Coin (ENJ), a robust cryptocurrency facilitating secure and swift transactions within the gaming community. Underpinned by the revolutionary ERC-1155 token standard, the Enjin platform has created a decentralized economy where in-game assets hold tangible real-world value, offering new avenues for investment and monetization. As the ENJ market cap soars beyond US$240 million, both gamers and investors are keenly watching its trajectory, with indicators pointing towards a promising future, fortified by its commitment to transparency, liquidity, and user empowerment.

    Enjin Coin Social Data

    In the last 24 hours, the social media sentiment score for Enjin Coin was 3, and the social media sentiment towards Enjin Coin price trend was Bullish. The overall Enjin Coin social media score was 0, which ranks 792 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Enjin Coin being mentioned with a frequency ratio of 0.01%, ranking 889 among all cryptocurrencies.

    In the last 24 hours, there were a total of 362 unique users discussing Enjin Coin, with a total of Enjin Coin mentions of 63. However, compared to the previous 24-hour period, the number of unique users increase by 2%, and the total number of mentions has decrease by 27%.

    On Twitter, there were a total of 0 tweets mentioning Enjin Coin in the last 24 hours. Among them, 0% are bullish on Enjin Coin, 0% are bearish on Enjin Coin, and 100% are neutral on Enjin Coin.

    On Reddit, there were 11 posts mentioning Enjin Coin in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 10% .

    All social overview

    Average sentiment (24h)
    3
    Social media score (24h)
    0(#792)
    Social contributors (24h)
    362
    +2%
    Social media mentions (24h)
    63(#889)
    -27%
    Social media dominance (24h)
    0.01%
    X
    X posts (24h)
    0
    0%
    X sentiment (24h)
    Bullish
    0%
    Neutral
    100%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    11
    Reddit posts (24h)
    11
    +10%
    Reddit comments (24h)
    0
    0%

    How to buy Enjin Coin(ENJ)

    Create Your Free Bitget Account

    Create Your Free Bitget Account

    Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
    Verify Your Account

    Verify Your Account

    Verify your identity by entering your personal information and uploading a valid photo ID.
    Buy Enjin Coin (ENJ)

    Buy Enjin Coin (ENJ)

    Use a variety of payment options to buy Enjin Coin on Bitget. We'll show you how.

    Trade ENJ perpetual futures

    After having successfully signed up on Bitget and purchased USDT or ENJ tokens, you can start trading derivatives, including ENJ futures and margin trading to increase your income.

    The current price of ENJ is $0.1682, with a 24h price change of -2.48%. Traders can profit by either going long or short onENJ futures.

    ENJ futures trading guide

    Join ENJ copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or ENJ tokens, you can also start copy trading by following elite traders.

    Enjin Coin news

    Once Everyone’s Favorite: Here’s What Developers Are Focusing On Most In The Forgotten Altcoin Group
    Once Everyone’s Favorite: Here’s What Developers Are Focusing On Most In The Forgotten Altcoin Group

    Santiment analysts have published a new study on the latest data in the altcoin group that once took the cryptocurrency market by storm.

    Bitcoinsistemi2025-01-12 03:55
    Bitget's Announcement on Adjusting the Minimum Price Decimal for 45 Spot Trading Pairs
    Bitget's Announcement on Adjusting the Minimum Price Decimal for 45 Spot Trading Pairs

    To enhance user trading experience, Bitget will adjust the minimum price decimal (i.e., the smallest unit price fluctuation) for 45 spot pairs from 12:00, 20 November 2024 to 13:00, 20 November 2024 (UTC). Details of the adjustment is shown in the table below: Spot Trading Pair Trading Pair Before

    Bitget Announcement2024-11-20 08:00
    Top 10 Game Altcoins Developers Are Focusing On Are Revealed – Here is the List
    Top 10 Game Altcoins Developers Are Focusing On Are Revealed – Here is the List

    According to Santiment data, the list of game-themed altcoins that cryptocurrency developers focus on most has been published.

    Bitcoinsistemi2024-10-08 09:39
    More Enjin Coin updates

    FAQ

    Is Enjin Coin (ENJ) a good investment?

    Enjin Coin (ENJ) is emerging as a leading cryptocurrency, especially within the burgeoning NFT industry. Serving as a comprehensive solution for NFT initiatives, Enjin facilitates the creation, distribution, and management of non-fungible token ventures with ease. The rise in NFT-based projects leveraging the Enjin platform might propel ENJ's price upwards. Enhanced on-chain activities can elevate the demand and valuation of the ENJ token, positioning it as an enticing investment option. As the versatility of NFTs broadens and gains traction, the allure of platforms like Enjin for investors is poised to intensify. With mainstream businesses turning their focus to NFTs and integrating platforms like Enjin, the potential for ENJ's value appreciation grows exponentially.

    What is ENJ price prediction?

    Predicting ENJ's exact price trajectory over time is challenging, yet historical trends reveal certain pivotal factors influencing Enjin Coin's value: NFT Industry Momentum A surge in enthusiasm for non-fungible tokens (NFTs), coupled with ongoing explorations into diverse NFT applications, can spotlight platforms like Enjin. Such traction can potentially elevate ENJ's market value. Enjin Platform's Adoption Rate Increased usage of the Enjin platform by NFT developers and enthusiasts can bolster ENJ's price metrics. Innovative NFT endeavors can lure more users to the Enjin Marketplace, leading to amplified on-chain transactions and subsequently uplifting Enjin Coin's valuation. Overall Crypto Market Mood The broader crypto market sentiment significantly sways ENJ's price dynamics. A positive investor outlook or risk-on sentiment spurs purchasing, enhancing ENJ's market position. Conversely, risk-averse or pessimistic vibes might prompt ENJ sell-offs, potentially dipping its price.

    What is the use case of ENJ?

    ENJ, alongside EFI, is a pivotal token within the Enjin ecosystem. Let's delve into ENJ's primary functionalities: Utility Token Enjin's NFTs are intrinsically supported by ENJ tokens, enhancing their authenticity and market credibility. The process of "melting" NFTs back into ENJ inherently reduces ENJ's available supply, which can bolster its market value. Platform Currency Enjin's official NFT marketplace employs ENJ as its primary transactional token, facilitating purchases, sales, and trades of digital assets. Tradeable Digital Asset ENJ stands as a valuable crypto asset, available for trading against various cryptocurrencies, benefiting from market fluctuations. Those bullish on Enjin's prospects may opt to hold (HODL) ENJ long-term. To make an informed decision, always monitor ENJ's real-time price, market cap, current supply, trading volume, and relevant cryptocurrency news.

    What makes Enjin Coin unique?

    Witek Radomski, Enjin's co-founder, emphasizes that every token on the Enjin Platform is backed by ENJ, infusing in-game assets with real-world liquidity. This innovation spearheads blockchain gaming and real-world gamified platforms. Blagov, from Enjin, envisions a future where gamers widely use ENJ-backed items, possibly unaware of its foundation. The combination of Enjin's utility and the limited supply of the ENJ token underscores the project's value. Kriptomat leverages Enjin's technology, offering "The Dragon Riders" rewards. Users earn the Kripto currency, redeemable for perks like discounts and unique collectibles, further enriching the gaming and trading experience.

    What gives ENJin Coin value?

    Developers need to lock ENJ tokens in order to mint virtual items. When a player obtains these items, they can use them ingame, trade them, or even sell them for ENJ. On top of that, Enjin has a limited supply, with the maximum supply locked to 1 billion.

    How many Enjin (ENJ) coins are in circulation?

    Enjin Coin has a total supply of 1,000,000,000 ENJ tokens with only 823,130,411 ENJ tokens in circulation. The current data shows that there are 65,902 Enjin Coin holders. On top of that, over 10 million ENJ tokens have already been taken out of circulation and locked into ERC-1155 tokens that are being held by 127,616 collectors.

    What is the current price of Enjin Coin?

    The live price of Enjin Coin is $0.17 per (ENJ/USD) with a current market cap of $302,167,034.2 USD. Enjin Coin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Enjin Coin's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Enjin Coin?

    Over the last 24 hours, the trading volume of Enjin Coin is $24.08M.

    What is the all-time high of Enjin Coin?

    The all-time high of Enjin Coin is $4.85. This all-time high is highest price for Enjin Coin since it was launched.

    Can I buy Enjin Coin on Bitget?

    Yes, Enjin Coin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Enjin guide.

    Can I get a steady income from investing in Enjin Coin?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Enjin Coin with the lowest fee?

    Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

    Where can I buy Enjin Coin (ENJ)?

    Buy crypto on the Bitget app
    Sign up within minutes to purchase crypto via credit card or bank transfer.
    Download Bitget APP on Google PlayDownload Bitget APP on AppStore
    Trade on Bitget
    Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.

    Video section — quick verification, quick trading

    play cover
    How to complete identity verification on Bitget and protect yourself from fraud
    1. Log in to your Bitget account.
    2. If you're new to Bitget, watch our tutorial on how to create an account.
    3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
    4. Choose your issuing country or region and ID type, and follow the instructions.
    5. Select “Mobile Verification” or “PC” based on your preference.
    6. Enter your details, submit a copy of your ID, and take a selfie.
    7. Submit your application, and voila, you've completed identity verification!
    Cryptocurrency investments, including buying Enjin Coin online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Enjin Coin, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Enjin Coin purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

    Buy

    Trade

    Earn

    ENJ
    USD
    1 ENJ = 0.1682 USD
    Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.
    Bitget
    0.1%
    Kraken
    0.26%
    Coinbase
    1.99%

    Bitget Insights

    Cropto~alishbafatima
    Cropto~alishbafatima
    11h
    $GAME the gaming industry, offering new opportunities for gamers, game developers, and investors. Here's a comprehensive overview of this emerging trend: *Key Benefits of Gaming Tokens* 1. *New Revenue Streams*: Gaming tokens create new revenue streams for game developers, enabling them to monetize their games in innovative ways. 2. *Immersive Gaming Experiences*: Tokens can be used to create immersive gaming experiences, such as virtual goods, in-game currencies, and rewards. 3. *Community Engagement*: Gaming tokens foster community engagement, allowing gamers to participate in governance, voting, and other decision-making processes. 4. *Ownership and Asset Transfer*: Tokens enable gamers to own and transfer in-game assets, creating a new level of ownership and control. *Popular Gaming Tokens* 1. *Enjin Coin (ENJ)*: A popular gaming token used for creating and managing virtual goods. 2. *Flow (FLOW)*: A blockchain platform designed for gaming and social networks. 3. *The Sandbox (SAND)*: A decentralized gaming platform that enables creators to build and monetize their own games. 4. *Axie Infinity (AXS)*: A blockchain-based gaming platform that enables players to collect, breed, and battle creatures. *Future Outlook* The gaming token market is expected to grow significantly, driven by the increasing adoption of blockchain technology in the gaming industry. As the market matures, we can expect to see: 1. *Increased Adoption*: More game developers and publishers will adopt gaming tokens, creating new opportunities for gamers and investors. 2. *Improved Infrastructure*: The development of more robust and scalable blockchain infrastructure will support the growth of the gaming token market. 3. *Regulatory Clarity*: Clearer regulations and guidelines will emerge, providing a more stable and secure environment for gaming tokens. *Conclusion* The rise of gaming tokens is transforming the gaming industry, offering new opportunities for gamers, game developers, and investors. As the market continues to grow and mature, we can expect to see increased adoption, improved infrastructure, and regulatory clarity.
    SOCIAL0.00%
    VIRTUAL0.00%
    JunaidGhouri30
    JunaidGhouri30
    12h
    The rise of gaming token is revolutionizing* $GAME
    $GAME the gaming industry, offering new opportunities for gamers, game developers, and investors. Here's a comprehensive overview of this emerging trend: *Key Benefits of Gaming Tokens* 1. *New Revenue Streams*: Gaming tokens create new revenue streams for game developers, enabling them to monetize their games in innovative ways. 2. *Immersive Gaming Experiences*: Tokens can be used to create immersive gaming experiences, such as virtual goods, in-game currencies, and rewards. 3. *Community Engagement*: Gaming tokens foster community engagement, allowing gamers to participate in governance, voting, and other decision-making processes. 4. *Ownership and Asset Transfer*: Tokens enable gamers to own and transfer in-game assets, creating a new level of ownership and control. *Popular Gaming Tokens* 1. *Enjin Coin (ENJ)*: A popular gaming token used for creating and managing virtual goods. 2. *Flow (FLOW)*: A blockchain platform designed for gaming and social networks. 3. *The Sandbox (SAND)*: A decentralized gaming platform that enables creators to build and monetize their own games. 4. *Axie Infinity (AXS)*: A blockchain-based gaming platform that enables players to collect, breed, and battle creatures. *Future Outlook* The gaming token market is expected to grow significantly, driven by the increasing adoption of blockchain technology in the gaming industry. As the market matures, we can expect to see: 1. *Increased Adoption*: More game developers and publishers will adopt gaming tokens, creating new opportunities for gamers and investors. 2. *Improved Infrastructure*: The development of more robust and scalable blockchain infrastructure will support the growth of the gaming token market. 3. *Regulatory Clarity*: Clearer regulations and guidelines will emerge, providing a more stable and secure environment for gaming tokens. *Conclusion* The rise of gaming tokens is transforming the gaming industry, offering new opportunities for gamers, game developers, and investors. As the market continues to grow and mature, we can expect to see increased adoption, improved infrastructure, and regulatory clarity.
    SOCIAL0.00%
    VIRTUAL0.00%
    qadeer2003
    qadeer2003
    14h
    Top Gaming Tokens by Market Capitalization
    Top Gaming Tokens Gaming tokens have become increasingly popular, enabling crypto gaming platforms to create virtual economies and offer verifiable ownership of in-game items. Players can use these tokens to buy, sell, and trade unique assets via in-game marketplaces and exchanges. Some of the top gaming tokens by market capitalization include: The MANA Token - Decentraland: MANA is the primary medium of exchange in Decentraland, allowing players to purchase virtual land NFTs called LAND. The AXS Token - Axie Infinity: AXS is the governance token of Axie Infinity, enabling holders to vote on proposals to make changes to the game. The SAND Token - The Sandbox: SAND is the native utility token of The Sandbox, allowing players to purchase items and experiences within the game. The GALA Token - Gala Games: GALA is the native utility token of Gala Games, used as a primary unit of account throughout the platform. The ENJ Token - Enjin: ENJ is the native utility token of Enjin, required for purchasing digital goods and ingame items. These tokens have seen significant price action in recent months, providing access to virtual land ownership in the metaverse. As the metaverse continues to grow, gaming tokens are likely to play an increasingly important role$GAME .
    VIRTUAL0.00%
    MANA0.00%
    BGUSER-2Y4QD0JB
    BGUSER-2Y4QD0JB
    17h
    As of January 22, 2025, several prominent gaming-related cryptocurrencies are experiencing notable market activity: Currently trading at $6.10, AXS has seen an intraday high of $6.24 and a low of $5.69. The price has increased by approximately 4.63% from the previous close. With a current price of $0.5803, SAND reached an intraday high of $0.5954 and a low of $0.5439. The token has appreciated by about 4.38% over the past 24 hours. Trading at $0.4916, MANA recorded an intraday high of $0.5116 and a low of $0.4606. The price has risen by approximately 4.98% since the previous close. Currently priced at $0.1745, ENJ saw an intraday high of $0.1762 and a low of $0.1606. The token has increased by about 6.63% in the last 24 hours. Trading at $0.03404, GALA reached an intraday high of $0.03517 and a low of $0.03118. The price has appreciated by approximately 6.69% over the past day. $GAME
    MANA0.00%
    AXS0.00%
    Anmol_Pari
    Anmol_Pari
    18h
    📈Game📊Cryptocurrency📉
    Game cryptocurrency, also known as gaming cryptocurrency or game coin, refers to a type of digital currency designed specifically for the gaming industry. These cryptocurrencies are often used to reward players, create virtual economies, and enhance the gaming experience. Some popular game cryptocurrencies include: 1. _Enjin Coin (ENJ)_: A cryptocurrency designed for gaming and virtual goods. 2. _GameCredits (GAME)_: A cryptocurrency focused on the gaming industry, allowing developers to create and monetize games. 3. _Sandbox (SAND)_: A decentralized, community-driven platform that allows users to create, sell, and own digital assets and experiences. 4. _Roblox (RBLX)_: A popular online gaming platform that uses its own cryptocurrency, Robux, to enable in-game purchases and transactions. 5. _Axie Infinity (AXS)_: A blockchain-based gaming platform that allows players to collect, breed, and battle creatures known as Axies. Game cryptocurrencies often have unique features, such as: 1. _In-game rewards_: Players can earn cryptocurrencies as rewards for completing tasks, achieving milestones, or participating in tournaments. 2. _Virtual goods_: Cryptocurrencies can be used to purchase or trade virtual goods, such as in-game items, skins, or collectibles. 3. _Decentralized governance_: Some game cryptocurrencies allow players to participate in governance decisions, such as voting on game development or resource allocation. 4. _Cross-platform compatibility_: Some game cryptocurrencies can be used across multiple platforms, such as PC, console, or mobile devices. The use of game cryptocurrencies has several benefits, including: 1. _Increased player engagement_: Cryptocurrencies can create a sense of ownership and motivation among players. 2. _New revenue streams_: Game developers can create new revenue streams by selling cryptocurrencies or offering in-game purchases. 3. _Improved user experience_: Cryptocurrencies can enhance the gaming experience by providing a secure, transparent, and efficient way to conduct transactions. However, game cryptocurrencies also come with risks and challenges, such as: 1. _Regulatory uncertainty_: The regulatory environment for game cryptocurrencies is still evolving and can be unclear. 2. _Security risks_: Cryptocurrencies can be vulnerable to hacking, theft, and other security risks. 3. _Market volatility_: The value of game cryptocurrencies can fluctuate rapidly, affecting their purchasing power and stability. Overall, game cryptocurrencies have the potential to transform the gaming industry by creating new opportunities for player engagement, revenue generation, and innovation. However, it's essential to carefully evaluate the risks and challenges associated with these digital currencies. $GAME
    VIRTUAL0.00%
    MOBILE0.00%

    Related assets

    Popular cryptocurrencies
    A selection of the top 8 cryptocurrencies by market cap.
    Recently added
    The most recently added cryptocurrencies.
    Comparable market cap
    Among all Bitget assets, these 8 are the closest to Enjin Coin in market cap.