Enjin Coin to $12 Is Possible According To Elon’s Tweets! | BREAKING NEWS

[Music] the altcoin market in 2021 has been a pretty competitive one with different projects emerging from different places all aiming to become the next big thing one of these coins is engine enj engine coin is set out to create a whole ecosystem for gaming entities for publishers to indies it plans to do so by enabling them to create new revenue streams and new experiences for their players engine coin is following a descending resistance line and is in the process of breaking out over the past few months engine has grown a lot and it recently broke past the three dollar milestone but how far can it go and how much will it eventually be worth do watch this video to find out [Music] hello and welcome back to crypto university your road to financial freedom in the wake of bitcoin's price explosion several digital currencies flood the market and investors are looking for the next digital currency to get rich off of in this video we're going to be looking at the same price predictions for engine coin and checking out some pretty bullish news surrounding engine that could greatly impact the price of engine coin in the near future make sure to subscribe and hit the bell icon to never miss out on any of our new videos now let's dive right into the video what is engine coin the coin was first announced in july 2017 and launched on the ethereum main net in june 2018.

Ethereum coin is a cryptocurrency that can be used across various different websites in online games the coin can also be converted into numerous digital properties like game items or in-game gold the coin is practically made for the game industry founded by maxim blagov and with tech radomski enj is a digital store value used to back the value of blockchain assets like non-fungible tokens nfts are basically player-owned digital items that are unique and non-interchangeable the nfts have liquidity and utility due to it not being tethered to a single game so you get to use your digital items across all games according to a white paper a document released by a crypto project that gives investors technical information about its concept and a roadmap for how it plans to grow and succeed enj uses a series of both on-chain and off-chain processes to carry out a transaction now when a transaction is completed within the enj ecosystem a trusted platform contacts the user smart wallets and the website or game is updated immediately with a placeholder or non-tradable version of the digital item until the transaction has been validated by the ethereum blockchain where can engine be bought engine coin is currently available on binance ok ex zg.com coin tiger and ftx the core utility of engine coin is to forge blockchain assets like nfts they offer ways to create tokens that can be used across multiple video games and can also be used across various platforms from pc to mobile engine nfts allow players to have true item ownership of their in-game items and trade them with others inside and outside of the game all in all engine coin seems to be the most promising cryptocurrency in the gaming industry engines nfts show potential to have a lot of use like ensuring transparency and scarcity giving instant liquidity and possibly anti-inflationary engine has had a huge impact on the nft space over the past several years and millions of people use engines products to manage create and trade fungible and non-fungible tokens microsoft engine partnered in february 2021 to add cross-platform custom nfts to the market microsoft claims that the current project shows that different platforms software and games can thrive simultaneously every token minted on the platform is infused with enj which is locked in the items and removed from circulation the amount of enj in every asset can vary from fraction of a token to millions as the nft market grows influencers companies hobbyists and even some pro athletes are competing for the attention and money of the same pool of collectors as the total number of nfts scale over time the supply will greatly exceed demand enj is a finite resource with the supply immutably set by 1 billion no more can be made thus backing nfts with enj guarantees the value and scarcity of your items as enj value increases the scarcity of nfts minted with a significant amount of enj becomes clear and tangible this is but a taste of the utility provided to an engine nft it is used not only in different indie games but this item is also used in the largest game in the world minecraft more than 20 million minecraft players already use engine's community software to stay interconnected and construct close relationships with the like-minded players enjoying this video don't forget to like and subscribe now let's talk about the predictions of the price of engine coin engine coin entered the year 2021 at a trading price of 13 cents on a bullish note the price started to rise further and is trading at three dollars 48 cents if the investors focused on engine coin the price is expected to escalate to a new high the current all-time high is four dollars that evolved in april following this engine surged significantly with two dollar figures in may when the crypto market plunged on may 19th engine also saw a crucial pullback when it dropped down from its two dollar movement unable to retrieve the momentum the price is still sluggish and seen sailing near 1.70 cents yet pulling all efforts to recoup from the blow considering the current price tendencies engine may be seen trading near 1.85 cents by the end of 2021.

The coin might soar if the community concentrates on reducing the transaction fees and may strike high at two dollars 22 cents by the end of 2021 the lowest value enj might see is a dollar forty enj might initiate the year 2022 at a price of 11 the community could focus on revolving the gaming industry it might enhance its performance by offering flexibility and seamless transparency by the end of 2022 engine's coin price is assumed to be traded at 15 engine is also partnered with some of the biggest names in the tech and gaming industries including samsung unity pc gamer and a few esports brands with certain developments and collaborations enj might rise in five years enj might be considered as the top gaming crypto available in the market and might even enter the top 40 cryptocurrencies list it might attain more investors and users if it concentrates on enhancement of its protocol and instant transaction system by the end of five years enj might be traded at 34 while all these are just predictions in the end there are also critical factors that seem to support the massive growth of enj in the future for one judging by elon musk's tweet on nfts the rise of the prices of engine coin to 12 in the near future does not seem far-fetched it is known that elon musk has been a big supporter of cryptocurrency helping rally the prices of digital coins bitcoin included several times in the past year and more recently he has honed in on his love for nfts he tweeted in march i'm selling this song about nfts as an nft and in the twitter post he released a techno song with the lyrics nft for your vanity computers never sleep it's verified it's guaranteed there is also a short futuristic video loop which shows a trophy labeled vanity trophy with the term nft at its top and hodl a nod to a cryptocurrency community term meaning to hold the coin rather than sell repeat it across its bottom given how the doge father fueled the rise of doge from obscurity to where it is now one might expect some bullish movement on enj following its hype a reason why the price is expected to rise could be the large marketplace volume which is over 43 million another reason being that over 1.5 million engine wallets have been installed an over asset value of over 1.2 billion dollars have been created engine coin might be a profitable investment for the long term as it not only aims to provide more benefits to its users but also seems to be on an upward rise so there you have it the reasons why we think it might hit a record all-time high by the upcoming days and why it may reach 12 in the near future as we've seen the present growth of engine coin shows that it might not only be a market leader of today but a market leader of tomorrow do you think engine coin might be the new bitcoin in gaming or do you have some predictions of your own let us know in the comment section below thanks for watching if you enjoyed the video make sure to give it a like and subscribe to continue on your road to financial freedom i'm looking forward to seeing you in the next video from crypto university

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