What will Enjin be worth in 2025? After such a bumpy ride in the last few years and a wild price rally at the beginning of 2021, now every investor wants to know the direction that Enjin takes and if it is worth buying and holding on to until 2025.
Based on multiple crypto investor opinions and price prediction website analysis, it is clear that Enjin prices will most likely continue soaring be worth more in 2025 than it is today. These crypto market space players are convinced that the ENJ coin’s value will continue to grow as the Enjin upgrades the network and integrates such upbeat blockchain technologies as an NFT marketplace. Overall, the general feeling within the crypto circles is that ENJ could be worth be between $6 and $42 by the end of 2025.
Looking at the Enjin price chart, you will realize that the coin has been struggling with incredibly low prices since its launch in 2017. Its blockchain received marginal attention from developers because it has only focused on the not-so-popular gaming niche and speculative investors gave its depressing price action a wide berth.
But a maturing crypto industry and the growing popularity of NFTs (another Enjin blockchain specialty) have shone a ray of hope for the gaming-oriented blockchain. Its 2021 wild rally that pushed its price up by more than 3600% between January and November 2021, on the other hand, revealed its potential to speculative investors.
You, therefore, would be right to assume that increased blockchain activity and investor interest in the Enjin coin will play a key role in pushing up the coin’s future prices.
But how high up can Enjin token prices reach? What will Enjin be worth in 2025?
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Enjin Price Prediction for 2025
Enjin can be said to be undergoing a rebirth and is currently shifting more of its focus towards NFTs in a move that experts believe will help future-proof its sustainability. After studying Enjin and the different factors affecting or expected to affect its coin prices moving forward, analysts and price predictions websites have come up with price forecasts for ENJ in 2025.
A majority think it will be trading between $4 and $20 by the end of 2025. While this may look like a conservative price outlook right now, it is a significant indicator that the coin is poised for major lift-off, especially when you consider the fact that it has struggled to rise above $1 for more than three years.
The fact that most of these price forecasts expect Enjin to rise above its current price in the next few also speaks volumes about the coin’s future.
Crypto analysts at CryptoPolitan are bullish about ENJ coin’s future. They are confident that the upgrades and updates to the Enjin blockchain, a recovering crypto market, and increased adoption of the Enjin blockchain in the corporate world will help create a launch pad on which ENJ coin prices can be ready for the future lift-off. By the end of 2025, however, they expect the altcoin prices to reach $3.8.
Interestingly even some of the most conservative technical analysis websites like the Wallet Investor maintain a rather optimistic view of ENJ future prices. Its updated Enjin price prediction indicates that the coin will rise its current price by this time next year to trade above $4.84. It also expects the coin to grow its current value by 558.59% and rise above $14.95 in the next 5 years.
DigitalCoinPrice, yet another crypto price forecasting website, is also confident that EN coin prices will continue rising over the next few years. In technical analysis of the coin’s future, the website indicates that the coin will most likely almost triple its current value in the next three and half years to trade at $5.63 before December 2025.
The most optimistic outlook of Enjin coin’s future price action is provided by CryptocurrencyPricePrediction. Its technical analysis report indicates that ENJ coin prices will embark on an untamed value gain over the next few years that helps it break above its current all-time high of $4.85 by April this year. It also indicates that the ENJ coin will most likely break above $20 sometime in early 2025 before rising further and ending 2025, trading around $34.53.
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Will Enjin Reach $10 in 2022?
While it is not impossible for the Enjin coin to hit $10 by the end of the year, it is highly unlikely that ENJ will reach $10 in 2022 Experts agree that its maximum token supply of 1 Billion ENJ tokens and innovative blockchain technology doesn’t stand in the coin’s path to $10 or a $10 Billion market cap. But they still hold that getting to this price level in the next four months could be a steep climb.
There are two possible explanations for this:
Low uptake of Enjin technology
For the longest time, Enjin was marketed as a blockchain for the gaming industry. You will, therefore, be right to assume that the small nature of this industry, as well as the slow acceptance of blockchain and crypto technology, have contributed greatly in keeping the token prices at a minimum.
Moving forward, even as the blockchain turns to NFT’s, analysts believe that it will take time before Enjin coin builds enough demand to thrust its prices above $10.
Crypto market rally has subsided
Enjin blockchain may have rebranded and attracted several partnerships with notable off-chain enterprises in 2021. But it is clearly evident, from the ENJ coin price charts, that its early 2021 rally was more of a reaction to a market-wide crypto rally and less of inspiration from these partnerships.
Today, however, the crypto market rally has slumped, wiping most of the gains made by ENJ in the last few months. As the crypto market struggles with low prices and an even lower push for recovery, ENJ will have a hard time gathering enough momentum to push its current price 10X in the next months.
Should I Hold Enjin (ENJ) Coin Until 2025?
The crypto community is convinced that Enjin prices will continue rising in the future. You should also consider buying and holding on to ENJ coins until 2025 and beyond because the blockchain is currently revamping its services and championing NFTs, in a move that will most likely set it up for massive value gains in the next few years.
You should also consider buying the current Enjin dip and holding on to these tokens for a chance to reap maximally when their prices eventually soar.
To understand how much you stand to make from an ENJ investment by 2025, we assume that Wallet Investor is current in its forecast and that ENJ will be worth $12.18 by the end of 2025. This represents a 436.56% prince jump from its current valuation of $2.27. Assuming that you invest $1000 in Enjin today, your investment will have grown to $12,180.
Conclusion: What Will Enjin (ENJ) Be Worth in 2025?
The general opinion is that Enjin will be way more valuable in 2025 than it is today. There is no telling how high up Enjin token prices will reach in the next four and half years, but different forecasts and crypto experts are confident that it will be trading between $4 and $20 by December 2025.
Among the factors that these experts believe will help give ENJ coin prices a boost include its involvement with the increasingly popular NFT technology, a rallying crypto market, and increased adoption and acceptance of Enjin blockchain technology and ENJ token in the gaming industry.
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