Enjin Price Prediction 2024 – 2025 – 2030 | ENJ Price Forecast

In this guide, we will voice our own and market’s opinion on ENJ future while discussing Enjin price forecast for Q4 2023 and beyond.

Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Enjin.

Now, let’s head into it. Before we delve deep into the Enjin price prediction and answer questions if ENJ is a good investment or not, why will ENJ succeed or fail or why will Enjin price rise or drop, let’s quickly throw a glance at what is ENJ and its to date history.

Quick overview
👉 Enjin Price Prediction For The Next 3 Months
Our ENJ price forecast suggests the token price will be around $0.3110 in the next 90 days.

👉 Enjin Price Prediction 2024
Our ENJ price forecast suggests the token price will be around $0.8848 in 2024.

👉 Enjin Price Prediction 2025
We predict the Enjin price to hover around $1.26 in 2025 based on our analysis.

👉 Enjin Price Prediction 2026
In 2026, we expect the Enjin price to be approximately $1.44 according to our price prediction model.

👉 Enjin Price Prediction 2027
Our ENJ prediction indicates the token price will be in the vicinity of $1.82 in 2027.

👉 Enjin Price Prediction 2028
For 2028, we forecast the ENJ price to be around $2.20 given current trends.

👉 Enjin Price Prediction 2029
Looking ahead to 2029, we estimate the Enjin price will settle around $2.57.

👉 Enjin Price Prediction 2030
Our ENJ price prediction suggests a token price of about $2.71 by 2030 based on projected growth.

Enjin Intro

Enjin (ENJ) serves as a decentralized platform, catering to gamers and content creators by enabling them to control, disseminate, and exchange virtual products. It operates as a protocol on Ethereum, facilitating the creation, listing, trading, and storage of non-fungible tokens (NFTs). Predominantly, Enjin is utilized for the creation, management, and exchange of NFTs, maintaining a robust foundation in gaming while also accommodating various NFT structures. ENJ, the platform’s primary currency, is used extensively for purchasing, selling, and minting NFTs.

The technology behind Enjin supports a comprehensive ecosystem used for generating NFTs, gaming, and other decentralized applications. It aids games in integrating with Ethereum while ensuring significantly reduced fees. The parent company of Enjin offers a variety of blockchain products, including a marketplace, wallet, and a developer platform, all of which are based on Enjin Coin.

Enjin showcases numerous use cases spanning various industries, including gaming and real estate. It allows users to accumulate NFTs from diverse categories like art, sports, music, real-world items, and collectibles. Its most prominent use case lies in gaming, empowering gamers and developers by introducing tokenized in-game assets that players can independently own and trade. Enjin provides several use cases in the gaming industry, including in-game items, currencies, assets, collectibles, and achievements.

With a capped supply and utility, Enjin emerges as an NFT and metaverse protocol, enabling investors to delve into the expanding realm of digital collectibles. It permits users to store, mint, collect, purchase, and sell NFTs. Recognized as a worthy investment project, Enjin has garnered attention from major corporations due to its robust use cases. It is strategically positioned to surpass other available altcoins in the market.

Team

The team behind Enjin includes professionals like Josh Woelfel (Full Stack Engineer) and Lilia Pritchard (Marketing / Operations), who spearhead Enjin’s technical engineering and the integration of the Enjin Coin currency into the online gaming ecosystem.

Enjin Coin (ENJ), an ERC-20 token on Ethereum, functions as the principal utility token for the Enjin Network and can be traded for fiat money or other digital currencies on major cryptocurrency exchanges like Coinbase, Binance, and Gemini.

Enjin, with its decentralized platform, empowers gamers and content creators in managing and trading virtual products, focusing heavily on the creation and trading of NFTs, especially in gaming. With several compelling use cases and attention from major corporations, it stands out as a notable investment. Enjin Coin (ENJ) acts as the main utility token for the Enjin Network and is available for purchase on prominent cryptocurrency exchanges.

Is Enjin coin a good investment?

Enjin Coin (ENJ) is regarded as a promising long-term investment due to its objective of delivering enhanced benefits to its users.

Enjin Price Prediction

The cryptocurrency industry has faced increased regulation in 2023, with the SEC and Department of Justice pursuing legal action against major players. This crackdown signals the end of cryptocurrency unbridled early years, as traditional financial institutions enter the market and call for clearer rules. In 2024, significant regulatory clarity is expected.

Several factors have fueled this crypto rebound last year. Most notably, Ripple Labs won a key legal victory against the SEC in June, leading to a short-lived price bounce. Renewed institutional interest has also provided a boost, with major firms like BlackRock pushing for Bitcoin ETF approval in late 2023.

Bitcoin ETF approvals were done in early January 2024, setting a positive tone for the market. Analysts had predicted the SEC would decide on Bitcoin ETF applications between January 5th and 10th, 2024, potentially catalyzing industry growth. The approvals have been seen as a significant step towards mainstream acceptance and have sparked optimism among investors and traders alike. Now, attention is turning towards both pre and post-halving rallies, with the BTC halving scheduled for April 2024, which is expected to further boost Bitcoin, Ethereum, and the broader crypto market.

Looking ahead, proposed 2024 changes like new accounting rules for crypto assets and less hawkish central bank policies could impact markets. Updated accounting standards may allow more corporate Bitcoin reserves. Meanwhile, forthcoming Treasury Department cryptocurrency tax guidelines, applying by 2025, could transform regulations around decentralized finance, NFTs, and digital wallets.

ETF approvals have proven complex but present future investor opportunities if SEC concerns can be addressed.

Bitcoin has more than doubled in 2023, with the recent Wall Street earthquake and upcoming halving expected to further boost Bitcoin, Ethereum, and the broader crypto market. By passing $50,000 for the first time since 2021, Bitcoin has climbed over 200% year-to-date.

Ethereum has also grown following ETF approvals since now many anticipate ETH ETF approvals could be next.

The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence in late 2024, bolstered by the recent ETF approvals and anticipation of the upcoming Bitcoin halving event.

ENJ Price Prediction For The Next 90 Days 

Below is a tabular overview of how will ENJ develop in the short-term (for the next 90 days), according to our prediction model:

Next 30 days
Next 60 days
Next 90 days
2024-02-27
+4.23 % $0.3639
2024-02-28
+6.00 % $0.3701
2024-02-29
-0.21 % $0.3484
2024-03-01
+4.58 % $0.3651
2024-03-02
+3.83 % $0.3625
2024-03-03
+3.29 % $0.3606
2024-03-04
+7.36 % $0.3748
2024-03-05
+3.71 % $0.3620
2024-03-06
-0.08 % $0.3488
2024-03-07
+1.67 % $0.3549
2024-03-08
+8.36 % $0.3783
2024-03-09
+5.46 % $0.3682
2024-03-10
-0.26 % $0.3482
2024-03-11
+4.68 % $0.3654
2024-03-12
+2.76 % $0.3587
2024-03-13
+5.94 % $0.3698
2024-03-14
-1.21 % $0.3449
2024-03-15
-0.07 % $0.3489
2024-03-16
+4.32 % $0.3642
2024-03-17
+6.09 % $0.3703
2024-03-18
+2.76 % $0.3587
2024-03-19
+0.40 % $0.3505
2024-03-20
-3.02 % $0.3386
2024-03-21
+6.59 % $0.3721
2024-03-22
+4.95 % $0.3664
2024-03-23
-1.91 % $0.3424
2024-03-24
-3.48 % $0.3370
2024-03-25
-0.15 % $0.3486
2024-03-26
+1.03 % $0.3527
2024-03-27
-3.38 % $0.3373
2024-03-28
+1.28 % $0.3536
2024-03-29
-0.64 % $0.3469
2024-03-30
+0.49 % $0.3508
2024-03-31
-3.34 % $0.3374
2024-04-01
-2.36 % $0.3409
2024-04-02
-1.94 % $0.3423
2024-04-03
+3.48 % $0.3613
2024-04-04
+3.81 % $0.3624
2024-04-05
+0.37 % $0.3504
2024-04-06
+0.72 % $0.3516
2024-04-07
+3.82 % $0.3624
2024-04-08
-4.46 % $0.3335
2024-04-09
+3.75 % $0.3622
2024-04-10
+3.44 % $0.3611
2024-04-11
-4.95 % $0.3318
2024-04-12
-5.55 % $0.3297
2024-04-13
+3.44 % $0.3611
2024-04-14
-4.16 % $0.3346
2024-04-15
+0.95 % $0.3524
2024-04-16
-2.96 % $0.3388
2024-04-17
-3.26 % $0.3377
2024-04-18
-3.06 % $0.3384
2024-04-19
-2.87 % $0.3391
2024-04-20
-0.95 % $0.3458
2024-04-21
+1.30 % $0.3537
2024-04-22
-0.47 % $0.3475
2024-04-23
-0.34 % $0.3479
2024-04-24
-3.24 % $0.3378
2024-04-25
-6.91 % $0.3250
2024-04-26
-7.35 % $0.3234
2024-04-27
-2.21 % $0.3414
2024-04-28
+1.25 % $0.3535
2024-04-29
-1.99 % $0.3422
2024-04-30
+1.06 % $0.3528
2024-05-01
-4.09 % $0.3348
2024-05-02
-1.65 % $0.3433
2024-05-03
-8.25 % $0.3203
2024-05-04
-5.13 % $0.3312
2024-05-05
-1.59 % $0.3435
2024-05-06
-0.09 % $0.3488
2024-05-07
-4.60 % $0.3330
2024-05-08
-5.32 % $0.3305
2024-05-09
-5.33 % $0.3305
2024-05-10
-0.31 % $0.3480
2024-05-11
-5.29 % $0.3306
2024-05-12
-1.74 % $0.3430
2024-05-13
-0.82 % $0.3463
2024-05-14
-0.71 % $0.3466
2024-05-15
-2.99 % $0.3387
2024-05-16
-10.43 % $0.3127
2024-05-17
-4.11 % $0.3348
2024-05-18
-4.23 % $0.3343
2024-05-19
-4.14 % $0.3346
2024-05-20
-5.98 % $0.3282
2024-05-21
-10.51 % $0.3124
2024-05-22
-8.73 % $0.3186
2024-05-23
-8.71 % $0.3187
2024-05-24
-8.96 % $0.3178
2024-05-25
-8.77 % $0.3185
2024-05-26
-10.90 % $0.3110
.

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Enjin Coin Price Prediction 2024 

Looking at the first half of 2024, the cryptocurrency market shows promising signs of a potential rebound. Bitcoin’s 150% gain in 2023 and renewed institutional interest indicate positive momentum. BTC is now trading well above $50k. Despite regulatory challenges, the market remains resilient, with a total capitalization of $1.97 trillion. Anticipation is high for a positive and prosperous period ahead, with experts closely monitoring market trends and institutional crypto activity, especially after Bitcoin spot ETF approvals in early 2024. All eyes are now on BTC Halving scheduled for April this year and potential ETH ETF approvals later during the year.

CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:

2024 Mar
-3.34 % $0.3374
2024 Apr
+1.06 % $0.3528
2024 May
-0.31 % $0.3480
2024 Jun
+10.08 % $0.3843
2024 Jul
+13.56 % $0.3965
2024 Aug
+13.50 % $0.3962
2024 Sep
+26.28 % $0.4408
2024 Oct
+31.45 % $0.4589
2024 Nov
+34.31 % $0.4689
2024 Dec
+36.63 % $0.4770
2025 Jan
+48.10 % $0.5170
2025 Feb
+48.50 % $0.5184

ENJ Price Prediction 2025 

Our prediction model sees ENJ reaching $1.26 in 2025.

What will ENJ be worth in 5 years?

The price of ENJ in 5 years could lie around $0.7932, according to CaptainAltcoin’s prediction model.

Enjin Coin Price Prediction 2030 – 2040

What Enjin Coin will be worth in 2030?

Our forecasting model sees Enjin Coin reaching $3.15 in 2030.

What Enjin Coin will be worth in 2040?

Our forecasting model sees Enjin Coin reaching $6.29 in 2040.

Will Enjin Coin replace / surpass / overtake Bitcoin?

No, Enjin Coin will not replace or overtake BTC.

Is Enjin Coin worth buying?

We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, Enjin Coin is worth buying.

Is Enjin Coin a good investment?

Enjin Coin is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.

How much will Enjin Coin be worth?

For the short-term future, it could reach $0.3110. In the long-term (8-10 years), it could jump to $3.15 or even higher.

Why will Enjin Coin succeed and go up in price?

Enjin Coin has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees Enjin Coin rising up to $3.15 in 2030.

Why will Enjin Coin fail and drop in price?

Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.

Can Enjin Coin reach $100?

Yes, it is possible that Enjin Coin can reach $100 but only in a distant future, after 2030.

How high will Enjin Coin go?

Our forecasting model sees Enjin Coin price exploding and reaching $6.29 in a distant future.

What is the short-term prediction for Enjin Coin?

Enjin Coin will reach $0.3110 in the next 90 days, which is a 10.9% change over the current price which hovers around $0.3491.

Can Enjin Coin make you a millionaire?

Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Enjin Coin millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Enjin Coin could make you a millionaire.

Enjin Coin Price Prediction Today - What will be the price of Enjin Coin tomorrow?

Enjin Coin will hover around $0.3639 tomorrow.

Can Enjin Coin reach $10?

Yes, Enjin Coin could reach $10 by the end of 2024.

Market Price Predictions

Here are the future market price predictions for Enjin Coin (ENJ) according to 5 experts, extending into 2024 and beyond:

  1. Changelly’s Forecast for 2024
    • Changelly anticipates that in January 2024, Enjin Coin will have a minimum price of approximately $0.223, an average of $0.303, and a maximum of $0.263. They foresee the highest possible ENJ price to be around $0.413, with a potential average trading price of $0.561 throughout 2024.
  2. Techopedia’s Price Estimates for 2024
    • Techopedia suggests that prices could fluctuate between $0.50 and $0 in 2024.
  3. AMBCrypto’s Projections for 2024 and 2029
    • AMBCrypto foresees that in March 2024, ENJ’s average price will be $0.44, with the highest potential price reaching $0.47. For the longer term, specifically 2029, they predict ENJ will trade between $1.40 and $2.10, averaging around $1.75 throughout the year.
  4. PricePrediction.net’s Analysis for 2024 and 2031
    • PricePrediction.net predicts that in 2024, Enjin Coin will achieve a minimum price of $0.51, a maximum of $0.60, and an average trading price of $0.52. Based on their in-depth technical analysis of ENJ’s past price data, they forecast that by 2031, Enjin Coin will be valued at a minimum of $7.22 and could reach up to $8.36, with an average trading value of approximately $7.43 in USD.
  5. Gov Capital’s Prediction for 2024 and 2028
    • Gov Capital predicts that ENJ will be priced at $1.3215888341509 on October 10, 2024, and could reach $7.576 by 2028.

Conclusion

In this comprehensive guide, we’ve navigated through the multifaceted world of Enjin (ENJ), exploring its core functionalities, use cases, and the team propelling its innovative solutions in the gaming and NFT space.

While Enjin presents a promising investment avenue, especially considering its robust use cases and technological foundation, it’s pivotal to approach predictions and future market prices with caution and skepticism. Various experts and platforms have provided their forecasts, each with their unique methodologies and perspectives, offering a wide array of potential future prices for ENJ.

From short-term predictions for the next 90 days to long-term forecasts extending to 2040, the projections showcase an intriguing yet speculative future for ENJ. As we delve into these predictions and explore potential investment opportunities, it’s imperative to remember that the crypto market’s volatile nature necessitates a well-thought-out and researched investment strategy.

Read also:

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

4 Comments
  1. You were so WRONG

  2. Greetings from $2.7 two months later.

  3. Can you do a revision of this now – it’s seems like a writer’s pipedream.

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