Enjin Price Prediction

Will Enjin Coin go up or crash? Read our Enjin Coin (ENJ) price predictions 2021-2025

Last Updated March 21st 2022
23 Min Read

Will Enjin Coin’s bull run continue? If you’re wondering ‘will Enjin Coin go up?’ You’re in the right place. We’ve rounded up the top Enjin Coin price prediction forecasts for 2021 and beyond to uncover how much ENJ could be worth between 2021-2025.

2021’s bull run has been pretty intense, completely blowing away our expectations from 2017/8’s bull run with BTC tripling its all-time high (ATH). However, more recently, newer altcoins seem to be thriving where major coins like Bitcoin are less active.

It may be the case that investors are getting braver, or that they are looking for more efficient coins than BTC and other older, more established coins. And Enjin Coin fits that description to a T. While ENJ did exceptionally well in the run-up to May 2021, more recently it appears to be on the verge of peaking again and it may have a bit more spark left to explode one last time before the end of 2021.

According to recent long-term price forecasts, the price of Enjin Coin could hit highs of $3.50 before the end of 2021, will likely cost between $2.50 and $3.30 in 2022, and could reach an impressive $12 by 2025. Enjin Coin (ENJ) is predicted to hit highs of $15 in 2027 and may hit prices as high as $60 by 2030.

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What Is Enjin Coin?

Enjin Coin (ENJ) is an ERC-20 token that operates on top of Ethereum’s blockchain for the Enjin Network which is creating an ecosystem of interconnected blockchain games.

Leveraging Ethereum, Enjin tokenises in-game items which can then be traded by gamers with each tradeable asset containing ENJ locked inside it which gives assets their value and liquidity. Enjin Coin can also be used as a store of value for NFTs.

Enjin was created in 2009 though it wasn’t until 2017 Enjin Coin was announced and in 2018, it was launched on Ethereum’s mainnet. As an ERC-20 token, it means Enjin Coin uses a proof-of-work consensus algorithm (though this will change when Ethereum completes its move to proof-of-work).

At the time of writing, Enjin Coin has a price of $1.6 and a market cap of $1.3 billion, which makes it the 78th largest cryptocurrency. Enjin Coin’s ATH of $4.00 was achieved on the 9th of April 2021 during the most recent bull run, a far cry from its all-time low (ATL) of $0.01562. So far, Enjin Coin has an ROI (return on investment) of 6,891%.

Enjin Coin has a maximum supply of 1,000,000,000 ENJ tokens, of which 83% are already in circulation.

On the hunt for Enjin predictions? Or have you been struggling to answer the question ‘is Enjin a good investment?’ Read on. Find out the top ENJ price prediction forecasts for 2021 and beyond.

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Short-Term Enjin Coin Price Prediction: 2021

Enjin Coin Price Prediction For 2021

Our first Enjin Coin price prediction for 2021 comes from WalletInvestor. While their forecast is positive, predicting a gradual incline towards the end of the year, it looks like they doubt ENJ could retest its ATH of $4.00, which Enjin Coin reached on the 9th of April 2021, as we can see from the graph below.

Enjin price prediction chart

For the end of 2021, WalletInvestor has estimated the prices of Enjin to have a high value of $2.391, a low of $1.624 and an average price of $2.008.

All of which are higher than ENJ’s current price of $1.6. But this is not all WalletInvestor has predicted — they also foresee the chance of ENJ reaching a low of $1.353 in November, and it could reach a maximum price of $2.391 at some point in December, which is slightly higher than the price it could end the year at.

Even the lowest price WalletInvestor has predicted, $1.353, is not that concerning. Though it is lower than Enjin Coin’s current price, it is still much higher than what ENJ was worth in previous years and suggests that in the long term it will pick up further in price.

Next up is Trading Beasts who’s Enjin Coin predictions for 2021 appear to be slightly more cautious than WalletInvestor’s but are still positive. They estimate that the following Enjin prices 2021 in the coming months:

Month Minimum Price Maximum Price Average Price Change
November 2021 $1.27966 $1.88186 $1.50549 -9.85 %
December 2021 $1.28904 $1.89565 $1.51652 -9.19 %

 

To summarise, Trading Beasts believes that Enjin Coin will reach its highest price of $1.89565 by December 2021. This is considerably lower than WalletInvestors estimate of $2.391, but it is still a good increase from ENJ current price.

For the remainder of the year, Trading Beasts expects Enjin Coin to rise in price not only in its maximum possible price but also in its possible lows and average price too, suggesting there is a healthy underlying trend.

Trading Beasts predicts the following Enjin prices for the end of 2021:

  • Minimum price: $1.289
  • Average price: $1.516
  • Maximum price: $1.895

Our third Enjin Coin price prediction for 2021 comes from Cryptocurrency Price Prediction, whose price predictions are the most positive we have seen so far.

Month & Year

ENJ Price Prediction

November 2021

$1.68

December 2021

$2.49

 

Cryptocurrency Price Prediction are also bullish on Enjin Coin’s prospects. However, like Trading Beasts and WalletInvestor, they do not believe ENJ will surpass its ATH of $3 by the end of the year. 

Our last Enjin (ENJ) 2021 price prediction comes from DigitalCoin, whose predictions are perhaps the most similar to WalletInvestor’s. They estimate the following:

  • October 2021: $2.56
  • November 2021: $2.83
  • December 2021: $2.73

DigitalCoin seems certain that Enjin Coin will move beyond $2 and stay there, and that it could reach a high of $2.83 by November, which is significantly higher than the other predictions.

What Will Happen To The Price Of Enjin Coin (ENJ) In 2021?

According to short-term predictions, the price of Enjin Coin will likely continue to rise and could end the year somewhere between $1.5 and $2 with more bullish estimates suggesting that between $2.3 and $2.8 could be possible. It is unlikely that ENJ will surpass its ATH by the end of 2021.

Will The Price Of Enjin Coin (ENJ) Go Up In 2021?

Yes, even the most conservative price forecasts for Enjin Coin in 2021 suggest that its price will continue to go up for the remainder of the year. Most estimate a gradual price increase and expect higher lows too.

Additional predictions for the price of Enjin Coin (ENJ) include:

  • Coinskid: $1.94
  • Price Prediction: $1.86
  • Gov Capital: $1.779
  • Cryptoground: $2.426
  • Coinpedia: $2.851
  • CryptoNewsZ: $2.50

Read Also: 5 Reasons Why Enjin Could Double Your Money

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Long-Term Enjin Coin Price Prediction: 2022-2025

Now that we have an idea of what to expect for the rest of 2021, what are experts predicting will happen to the price of Enjin Coin for 2022, 2023, 2024 and 2025?

The outlook for 2021 has been very positive so far, though there are differences in opinion, the direction appears to be upwards. Will that trend continue into the future? Let’s take a look.

For our first price prediction, we will return to DigitalCoin, which has forecasted Enjin Coin’s potential price for the next seven years until 2028, which you can see in the graph below.

Enjin price prediction chart

Straight of the bat, you can notice that DigitalCoin foresees ENJ’s price will continue to rise year-on-year. Though they expect prices to struggle in 2024, the overall trend suggests there will be an increase. 

DigitalCoin has given the following Enjin price predictions over the coming years:

  • 2022: $2.62
  • 2023: $3.23
  • 2024: $3.38
  • 2025: $4.44
  • 2026: $4.97
  • 2027: $5.86
  • 2028: $6.50

 

From the figures we can see above, DigitalCoin expects Enjin Coin to surpass its ATH of $4 by 2025 and potentially reach $4.44, and then by 2028, they expect ENJ to reach a high of $6.50 — $2.50 over its record high.

According to Coin Price Forecast, The price of Enjin will be valued at $2.31 in 2021, $2.62 in 2022, $3.23 in 2023, $3.38 in 2024, $4.44 in 2025, $4.97 in 2026, $5.86 in 2027, $6.50 in 2028, $7.50 in 2029, and $9.52 in 2030.

But DigitalCoin’s price predictions are minuscule in comparison to those of Cryptocurrency Price Prediction, which is known to be very bullish in their price predictions. They think the following is likely to happen in 2022 and 2025:

Enjin Coin Price Forecasts for 2022:

January 2022

$3.76

February 2022

$4.05

March 2022

$3.01

April 2022

$3.55

May 2022

$3.90

June 2022

$4.62

July 2022

$4.72

August 2022

$5.15

September 2022

$5.50

October 2022

$5.33

November 2022

$6.21

December 2022

$5.68

 

Enjin Coin Price Forecasts 2025:

January 2025

$6.38

March 2025

$16.31

May 2025

$18.23

July 2025

$21.11

September 2025

$19.26

October 2025

$18.87

November 2025

$22.07

December 2025

$22.71

 

Breaking down what Cryptocurrency Price Prediction has forecasted is pretty exciting. While DigitalCoin estimated that ENJ will surpass $4 by 2025, Cryptocurrency Price Prediction believes that it could be possible by February 2022. They have also predicted that ENJ could end 2022 at $5.68, which is not far off what DigitalCoin expects for 2027 ($5.86)

Most interestingly, Cryptocurrency Price Prediction has estimated that there could be a huge leap in Enjin Coin’s price in 2025 between January and February, where the price will go from $6.38 to $16.31. This would be a huge jump of almost $10, the biggest it would ever have achieved. However, what exactly would incite this jump remains unclear.

After accomplishing this high, impressively, ENJ will keep hold of much of its value and there will not be a bearish correction in its price. Instead, the price will continue to go up until it reaches $22.71 by December 2025.

Trading Beasts continues their cautious price predictions into the next few years predicting very close minimum, maximum and average prices, though a slight increase can be seen. Here’s what they think will happen for 2024, where their forecast ends:

Month Minimum Price Maximum Price Average Price Change
January 2024 $1.34181 $1.97325 $1.57860 -2.56%
February 2024 $1.33239 $1.95939 $1.56751 -3.24%
March 2024 $1.32222 $1.94444 $1.55555 -3.98%
April 2024 $1.30978 $1.92615 $1.54092 -4.88%
May 2024 $1.29607 $1.90598 $1.52479 -5.88%
June 2024 $1.28001 $1.88236 $1.50589 -7.04%
July 2024 $1.26244 $1.85653 $1.48523 -8.32%
August 2024 $1.24198 $1.82644 $1.46115 -9.81%
September 2024 $1.73365 $2.54948 $2.03959 25.90%
October 2024 $1.71258 $2.51851 $2.01480 24.37%
November 2024 $1.68821 $2.48266 $1.98613 22.60%
December 2024 $1.66177 $2.44378 $1.95503 20.68%

 

Interestingly, by the end of 2024, Trading Beasts has predicted a maximum price of $2.44, which is close to WalletInvestor’s highest prediction for the end of 2021, which highlights just how careful they are with their predictions.

Trading Beasts also does not foresee Enjin Coin getting close to its ATH nor does it see Enjin Coin reaching $3. While some price forecasters don’t take the possibility of bearish corrections into account, Trading Beasts doesn’t take bullish rises.

Elsewhere, Price Prediction has given the following estimates for Enjin coin prices 2022 to 2025:

Year Minimum Price Average Price Maximum Price
2022 $2.40 $2.47 $2.88
2023 $3.43 $3.56 $4.20
2024 $5.09 $5.27 $6.09
2025 $7.59 $7.80 $8.84

 

As a long-term investment, it projects that Enjin could perform much better. According to its predictions, the value of the Enjin (ENJ) token could rise to $2.55 by the very end of 2021, rising to $4.20 in 2022, $6,09 in 2023 and achieving a mean price of $8.84 by 2025.

It is a very positive picture, suggesting that ENJ could surpass its ATH of $4 by 2023 and that by 2025, it could be worth as much as $8.84, more than double its current ATH.

What Will Happen To The Price Of Enjin Coin (ENJ) In 2025?

According to the predictions, the price of Enjin Coin will likely increase by 2025, with even the most conservative price forecasters estimating a small increase. However, most price forecasters are bullish on ENJ’s price and it likely will have surpassed its 2021 ATH of $4.00 and may reach highs above $10 if the most optimistic predictions are true.

Will The Price Of Enjin Coin (ENJ) Go Up In 2025?

Price forecasters largely agree that the price of Enjin Coin will go up in 2025. Most likely, the increase will be gradual if it is not interrupted by volatile market movements. Trading Beasts is the most conservative, estimating that ENJ will only reach a high of $2.44. However, on the other end of the spectrum, Cryptocurrency Price Prediction believes $22.71 could be possible at the end of 2025.

Check Out: Could Enjin Coin Be A Millionaire-Maker Coin?

Additional Predictions For The Price Of Enjin Coin (ENJ) IN 2022-2025 Include:

2022:

  • WalletInvestor: $4.022
  • Coinskid: $3.30
  • Price Prediction: $2.88
  • Cryptoground: $2.556
  • Coinpedia: $4.989
  • CryptoNewsZ: $3

2023:

  • WalletInvestor: $5.890
  • Coinskid: $4.55
  • Price Prediction: $4.20
  • Cryptoground: $3.184
  • CryptoNewsZ: $2.90

2024:

  • WalletInvestor: $7.859
  • Coinskid: $8.06
  • Price Prediction: $6.09
  • Cryptoground: $3.792
  • CryptoNewsZ: $5

2025

  • WalletInvestor: $10.017
  • Coinskid: $12.14
  • Price Prediction: $8.84
  • Cryptoground: $4.509
  • Coinpedia: $8.793
  • CryptoNewsZ: $30

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Trading Education Enjin Coin Price Predictions

Now that we’ve seen all the top price predictions for Enjin Coin, let’s see what they tell us when we put them all together. Sure, some are far too optimistic about the future, and some are far too cautious, but this spectrum allows us to create a clearer picture of what could happen in 2021 in the run-up to 2025 and beyond.

Enjin Coin Price Prediction 2021

Enjin coin price is expected to valued with bullish momentum and head towards $2.5 towards the end of 2021. As per the ENJ price prediction 2021, the price of Enjin might be valued above $2 by the end of year. The predicted high for 2021 might be around $2.75, and on the downside, the low might be around $1.15.

Enjin Coin Price Prediction 2022

Expert price forecasters suggest that by 2022 Enjin (ENJ) will likely be worth between $2.50 and $3.30. The most bullish price forecasts for 2022 expect prices to surpass $4 and get close to passing $5.

Enjin Coin Price Prediction 2023

Enjin price is expected to trade with bullish momentum and reach the $6 mark value towards the end of 2023. As per the Enjin price prediction 2023, the price of Enjin (ENJ) might trade above $5.75 by the end of year. The predicted high for 2023 might be around $6.20, and on the downside, the low might be around $2.5.

Data provided by price forecasters indicates that the possibility of Enjin Coin passing $4 is pretty high, though more cautious predictions estimate prices of $2.90 or $3.10. The highest estimates put ENJ close to $6.

Enjin Coin Price Prediction 2024

As per the Enjin price prediction 2024, the price might reach $7.5 by the very end of 2024. As per our predicition and price forecast, the predicted high for 2024 might be around $6.90, and on the downside, the low might be around $3.20.

By 2024 Enjin Coin could be valued at around $8 per coin at the highest, according to price forecasts. Other price predictions place ENJ around $4 to $5 per coin.

Enjin Coin Price Prediction 2025

As per our Enjin price prediction 2025, the coin might be able to touch the $9 price mark on the upside, while on the downside, it might fall up to $4.20. As per our ENJ price prediction and forecast update, the currency price might trade around $9.20 by the end of 2025.

In 2025, Enjin Coin could breach $10 for the first time according to several expert opinions and may even cross $12. But not everyone is so optimistic. More conservative predictions estimate a high $8 and some feel ENJ could still be trailing around at $4.50. The most extreme price prediction by 2025 is $30.

Enjin Coin Price Prediction 2027

Enjin price forecasters estimate that by 2027, ENJ could be worth between $12 and $15, with highly conservative estimates pointing to lows of $5.20.

Enjin Coin Price Prediction 2030

As per our Enjin price prediction 2030, the coin might be able to touch the $25 price mark on the upside, while on the downside, it might fall up to $6.50. As per our ENJ price prediction and forecast update, the currency price might trade around $25.50 by the end of 2030.

Don't Miss: Is Enjin (ENJ) Worth Buying

Conclusion: Enjin Coin (ENJ) Price Prediction Forecast

The below prediction figures outline some of the potential highs and lows of Enjin Coin (ENJ) price prediction forecasts in 2021, 2022, 2023, 2024 and 2025 offered by technical analysts and industry experts.

Year High Low
2021 $3.5 $0.75
2022 $5.50 $1.25
2023 $7.25 $2.32
2024 $9.50 $3.45
2025 $13.2 $4.20

 

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How Has the Price Of Enjin Coin Changed In The Past?

Enjin Coin, like many other altcoins, hasn’t been around for a very long time, joining the crypto market in late 2017. Because of this, there isn’t much historical data to analyse (almost four years). And what this means is that it can be tricky to make conclusions from this information and make informed decisions.

What is obvious though is that the price of Enjin Coin is very much tied to how well Bitcoin and the rest of the crypto market performs, which is pretty clear from the graph below from CoinMarketCap:

Enjin price chart

Enjin ENJ/USD price chart. Source: Coinmarketcap

Enjin Coin’s birth could not have been timed better, entering the market during the first major bull market in 2017. And while that little spike you see around 2018 may look quite small now, back then it was huge. ENJ went from prices around $0.026 to $0.44 — 16 times larger.

But 2018 turned out to be a bit of a bummer of a year and prices sunk back to where they were before the bull run, around $0.02. 2019 was almost as equally boring (though there was some activity in the summer).

In 2020, things looked like they were about to change, at points reaching $0.20 and holding a lot of value. But, as you can guess, all this progress was microscopic in comparison to what was going to happen in 2021. At first, while the growth was phenomenal, it was gradual and for the first time in its short history of almost four years, ENJ was reaching new highs above $0.40.

Very quickly though, things got crazy and by early March, prices had rocketed past $1, then $2, then $3, and at last, on the 9th of April 2021, ENJ reached its current ATH of $4. 

Like the majority of the crypto market, ENJ lost a lot of value in the crash that took place in May 2021 and at one point in June, had reached a low of $0.80. After this worrying period, things improved considerably. Steadily ENJ, picked up the pace in July and August, like Bitcoin and many other cryptos and momentarily reached prices around $2.20 before sliding back to prices around $1.60.

Arguably, ENJ is in a good position because, despite the crash, it managed to keep much of the value it acquired in 2021.

What Factors Affect The Price Of Enjin Coin?

Several factors affect the price of Enjin Coin and if you wish to trade it successfully, then you develop a good understanding of them. Armed with this knowledge, you stay ahead of the market, dodge market calamities and reap rewards when the time is right.

Bitcoin And The Crypto Market

Without a shadow of a doubt, the price of Bitcoin and the general mood of the crypto market greatly affects the price of Enjin Coin. It is the most obvious factor which can be seen from the historical charts.

If you put prices of the two cryptos side by side, you will likely see a pattern — whenever BTC goes up, ENJ, like most altcoins, will follow. The same is also true for market crashes. And so, following the price of Bitcoin is an absolute must for ENJ traders.

Perhaps further in the future, as Enjin Coin’s user base grows, the price of Bitcoin will become less of a factor. But for the foreseeable future, it will remain so.

Supply And Demand

Good old supply and demand is a significant factor for any crypto like Enjin Coin that has a maximum supply. Enjin Coin’s maximum supply is one billion (1,000,000,000), of which 834,340,659.57 ENJ are already in circulation (83%).

No one is quite sure when 1 billion ENJ will be reached, but when it happens, we could see a significant increase in Enjin Coin’s price.

Adoption Of The Enjin Network

Quite simply, as more people and gaming companies adopt the Enjin Network and use Enjin Coin, theoretically, the more ENJ will appreciate in price. A secondary benefit this will have will also be more price stability as a crypto with a lot of users, will be safer from erratic price drops, and it should become less dependent on the price of Bitcoin and the crypto market.

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Step 1. Head over to eToro’s website and click ‘Join Now’ in the top right corner and fill out the registration form. You will need to upload proof of ID and address — this is to prevent fraud.

Step 2. Next, you’ll need to make your first-time deposit which, depending on where you live, will likely be either $200 or $50 minimum. Do note though, there are several countries where the minimum deposit is significantly higher, so please check this before signing up!

Step 3. Lastly, once your account is set up, on eToro’s platform, go to ‘Trade Markets’ → ‘Crypto’ → ‘ENJ Enjin Coin’, choose your terms and buy when you feel comfortable.

You did it! Now you’re invested in Enjin Coin.

Key Points

If you remember anything from Enjin Coin Price Prediction Forecast: How Much Will Enjin Coin Be Worth In 2021 And Beyond, make it these key points.

  • Launched in late 2017, Enjin Coin (ENJ) is the cryptocurrency of the Enjin Network and is built on top of the Ethereum network as an ERC-20 token.
  • ENJ’s current ATH is $4.00, which it achieved on the 9th of April 2021.
  • By the end of 2021, WalletInvestor thinks the price of $2.429.
  • Trading Beasts predicts that ENJ could potentially reach a high of $1.87046 by the end of 2021.
  • Cryptocurrency Price Prediction is the most bullish about ENJ’s prospects in 2021, predicting $3.55 by the end of December 2021. 
  • By 2025, DigitalCoin has predicted Enjin Coin could be worth $4.44.
  • Cryptocurrency Price Prediction has predicted that Enjin Coin could cost $22.71 in December 2025.
  • Factors that affect the price of Enjin Coin include the price of Bitcoin (and the underlying crypto market), supply and demand, and adoption of the Enjin Network.

FAQs

Is ENJ A Good Investment 2022?

ENJ is likely one of the best lesser-known crypto investments you could make in 2022. Staring 2021 around $0.13 per coin, Enjin Coin has increased in value more than 10-fold in this year and has managed to retain much of the value it has built up.    

Can You Stake Enjin Coin?

Yes, Enjin Coin can be staked to earn Efinity (EFI) tokens on the Polkadot (DOT) network. This can be done via several wallet providers. Unfortunately, you cannot stake Enjin Coin on its native chain, Ethereum, which is still a proof-of-stake platform that uses mining, not staking (for the time being).    

What Games Use Enjin Coin?

At least 42 games currently work on the Enjin Network, according to a list by Castle Crypto. Some of the games include 9Lives Arena, Age of Rust, AlterVerse, Azure Heroes, and Containment Corps.    

Is Enjin Built On Ethereum?

Yes, Enjin is built on top of the Ethereum blockchain and Enjin Coin is an ERC-20 token.    

Who Is The Owner Of Enjin Coin?

There is no owner of Enjin Coin, Enjin Coin can be owned by anyone, while the company, Enjin, which runs the Enjin Network was founded by Maxim Blagov (CEO) and Witek Radomski (CTO) in 2009, according to Crunchbase. 

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