- At press time, Enjin Coin (ENJ) had gained 15.70% in the past 24 hours.
- ENJ is currently trading at about $0.4265.
- Today’s price surge makes ENJ today’s top gainer in the crypto market.
Enjin Coin (ENJ) has made headlines today after it shot up by about 16% to become the best crypto gainer of the day according to data from CoinMarketCap. The second largest gainer today is KAVA which has gained 10.14% while the third is Hedera (HBAR) which has gained 9.50% adding to its 41% rise in the past two weeks.
While it was trading at $0.4265 at the time of writing, Enjin Coin price high a daily high of $0.4524 earlier today.
Why is Enjin Coin price rising today?
Enjin Coin is not known for colossal price movements, making today’s price surge a surprise for many crypto traders and investors. Today’s hike actually pushed the token for a 51% growth over the past seven days.
But why is the price of ENJ surging? Here is a deep dive into the behind-the-scenes pushing the token’s price up.
The recent development update saw the protocol launch Enjin wallet, a new non-fungible (NFT) token marketplace called NFT.io, and three core Enjin tooling products. These updates make the platform enticing and easy for game developers thus positioning Enjin as a hub for the growing world of Web3.0 gaming.
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