Key Takeaways
- Enjin Coin is a long-standing crypto company that launched in 2017.
- ENJ appears to be stuck in a long-term downturn.
- Our Enjin Coin price prediction says ENJ can reach $0.50 this year.
- Interested in buying or selling ENJIN COIN ENJ coin? Read our review of the best exchanges to buy and sell ENJIN COIN ENJ.
In early 2021, Enjin Coin was comfortably the largest gaming crypto. At the time, ENJ’s market cap was double that of its nearest rivals, but it has been overtaken and has been out of the top 10 for quite some time now.
Also, ENJ has been on a pretty consistent downturn since the collapse of LUNA, which crashed the market in May 2022. The overall GameFi slump has only made things worse over the last few years.
There was some drama in February 2025 when the South Korean crypto exchange Upbit temporarily suspended ENJ deposits and withdrawals due to Enjin’s wallets undergoing maintenance work . On Feb. 18, 2025, ENJ was worth about $0.1155.
Let’s take a look at our Enjin Coin price predictions, made on Feb. 18, 2025. We will also examine the history of the Enjin Coin price and talk a little about what the Enjin Coin is and what it does.
Enjin Coin Price Prediction
Here are our Enjin Coin price predictions, made by CCN on Feb. 18, 2025. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.
| Minimum ENJ price prediction | Average ENJ price prediction | Maximum ENJ price prediction | |
|---|---|---|---|
| 2025 | $0.02 | $0.25 | $0.50 |
| 2026 | $0.09 | $0.45 | $0.80 |
| 2030 | $0.25 | $1.20 | $2.50 |
Enjin Coin Price Prediction 2025
ENJ’s short-term outlook remains uncertain, with the possibility of further downside toward $0.02 if bearish momentum persists. However, if a breakout above key resistance zones occurs, a recovery toward $0.25 or even $0.50 is possible, aligning with historical corrective rebounds and market cycles.
Enjin Coin Price Prediction 2026
By 2026, ENJ could establish stronger bullish momentum, potentially reclaiming prior key levels as the broader market recovers. If adoption increases and macroeconomic conditions support crypto growth, ENJ could reach $0.80, though sustained accumulation between $0.09 and $0.45 is more likely.
Enjin Coin Price Prediction 2030
With extended market cycles and potential advances in blockchain gaming, ENJ could experience significant appreciation, potentially surpassing $1.20. If institutional adoption and broader ecosystem expansion continue, an upper target of $2.50 becomes achievable, though downside risks remain near $0.25 in bearish conditions.
Enjin Coin Price Analysis
ENJ’s four-hour chart reveals a prolonged corrective phase within a descending wedge. The Elliott Wave count suggests a completed five-wave decline, bottoming near the key support zone at $0.09 to $0.12.
The RSI exhibits bullish divergence, signaling weakening downward momentum, while the 0.5 Fibonacci extension at $0.09184 provides crucial support.
A break below this level could extend losses to the 0.618 Fibonacci retracement at $0.02043. However, if the price holds, an upward corrective move could begin, requiring a break above descending resistance and a move between $0.16 and $0.18 to confirm bullish momentum.
Short-term Enjin Coin Price Prediction
ENJ remains in a compressed range following a sharp decline, with wave five possibly extending lower before a rebound. If the price holds above $0.09 and reclaims $0.16, a bullish reversal could take shape, targeting $0.25.
A breakout above the descending trendline would further confirm a potential trend shift.
If ENJ loses the $0.09 support, further downside could drive prices toward $0.020, aligning with an extended capitulation phase.
This scenario would indicate continued weakness before a recovery attempt. The Enjin Coin price prediction for the next 24 hours hinges on market sentiment and key Fibonacci retracement levels, determining whether ENJ stabilizes or experiences another drop before finding support.
Enjin Coin Average True Range (ATR): ENJ Volatility
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Feb. 18, 2025, Enjin Coin’s ATR was 0.0129, suggesting relatively high volatility.
Enjin Coin Relative Strength Index (RSI): Is ENJ Overbought or Oversold?
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Feb. 18, 2025, the Enjin Coin RSI was at 34, indicating bearish, but not quite oversold, conditions.
CCN Strength Index
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
- 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
- 25 to 35: The price tends to move within stable bounds with minimal volatility.
- 36 to 49: Assets begin a stable uptrend but without strong surges.
- 50 to 59: Consistent growth with moderate price advances, building momentum.
- 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.
On Feb. 18, 2025, Enjin Coin scored 48.3 on the CCN Index, suggesting moderate momentum.
Enjin Coin Price Performance Comparisons
Enjin Coin is part of the GameFi sector, so let’s compare it to other cryptos in the same category.
Best Days and Months to Buy Enjin Coin
We looked at the Enjin Coin price history and found the best times to buy ENJ.
| Day of the Week | Friday |
| Week | 10 |
| Month | December |
| Quarter | First |
ENJ Price History
Now, let’s examine some of the key dates in the Enjin Coin price history . While we should never take past performance as an indicator of future results, knowing what the token has achieved can provide us with some very useful context if we want to make or interpret an Enjin Coin price prediction.
| Time period | ENJ price |
|---|---|
| Last week (Feb. 11, 2025) | $0.1319 |
| Last month (Jan. 18, 2025) | $0.2093 |
| Three months ago (Nov. 18, 2024) | $0.2203 |
| Last year (Feb. 18, 2024) | $0.3334 |
| Five years ago (Feb. 18, 2020) | $0.1447 |
| Launch price (Nov. 2, 2017) | $0.02008 |
| All-time high (Nov. 25, 2021) | $4.85 |
| All-time low (Nov. 2, 2017) | $0.01562 |
Enjin Coin Market Cap
The market capitalization, or market cap, is the sum of the total number of ENJ in circulation multiplied by its price.
On Feb. 18, 2025, Enjin Coin’s market cap was $209 million, making it the 231st-largest crypto by that metric.
Who Owns the Most Enjin Coin?
On Feb. 18, 2025, one wallet held more than 40% of the ENJ supply.
Richest ENJ Wallet Addresses
As of Feb. 18, 2025, the five wallets with the most ENJ were:
- 0x000000000000000000000000000000000000dead. This wallet held 421,579,203 ENJ, or 42.16% of the supply.
- 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet, listed as Binance, held 65,894,509 ENJ, or 6.59% of the supply.
- 0xd4e60f939d50949a6501fdc495f1f041ba888127. This wallet held 47,993,331 ENJ, or 4.8% of the supply.
- 0x28c6c06298d514db089934071355e5743bf21d60. This wallet, also listed as Binance, held 23,772,961 ENJ, or 2.38% of the supply.
- 0x3727cfcbd85390bb11b3ff421878123adb866be8. This wallet held 18,725,162 ENJ, or 1.87% of the supply.
Enjin Coin Supply and Distribution
| Supply and distribution | Figures |
|---|---|
| Total supply (As of Feb. 18, 2025) | 1,872,803,250 |
| Circulating supply (As of Feb. 18, 2025) | 1,806,520,005 (96.46% of total supply) |
| Holder distribution | Top 10 holders owned 63.08% of supply on Feb. 18, 2025 |
From the Enjin Coin Whitepaper
In its technical documentation or whitepaper , Enjin Coin says it is a blockchain platform designed to help developers integrate NFTs and digital assets into their games and apps
Enjin Coin (ENJ) Explained
The Enjin Network is a blockchain-based gaming platform. It has its roots in Enjin, a Web 2.0 gaming system founded by Maxim Blagov and Witek Radomski in 2009. The Network itself came out in 2017.
The ENJ coin supports the Enjin Network. The system has its own blockchain but, before that came out in June 2023, it was based on Ethereum (ETH).
How Enjin Coin Works
The Enjin Chain uses a Proof-of-Stake (PoS) consensus mechanism. This means that people can secure the network and add blocks to the blockchain based on how much ENJ they hold.
ENJ backs the NFTs minted on the Enjin Network. People can also buy, sell, and trade ENJ on exchanges.
Is Enjin Coin a Good Investment?
It is hard to tell right now. While there is a theory that you should buy during the dip, we don’t know how long ENJ’s dip will last, nor where it can recover to. That is, of course, if it recovers at all.
As always with crypto, you should do your own research before deciding whether or not to invest in ENJ.
Will Enjin Coin go up or down?
No one can really tell right now. While the Enjin Coin crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Should I invest in Enjin Coin?
Before you decide whether or not to invest in Enjin Coin, you will have to research ENJ and other related coins and tokens, such as Immutable X (IMX). Either way, you must also ensure you never invest more money than you can afford to lose.
Enjin Coin (ENJ) Explained
The Enjin Network is a blockchain-based gaming platform. It has its roots in Enjin, a Web 2.0 gaming system founded by Maxim Blagov and Witek Radomski in 2009. The Network itself came out in 2017.
The ENJ coin supports the Enjin Network. The system has its own blockchain, but before that came out in June last year, it was based on Ethereum (ETH).
How Enjin Coin Works
The Enjin Chain uses a Proof-of-Stake (PoS) consensus mechanism. This means that people can secure the network and add blocks to the blockchain based on how much ENJ they hold.
ENJ backs the NFTs minted on the Enjin Network. People can also buy, sell, and trade ENJ on exchanges.
Technical analysis by Nikola Lazic.
FAQs
It could do. Our price predictions, backed by technical analysis, suggests it could break past the dollar by 2030, although this is somewhat uncertain. It is important to remember that Enjin Coin has not been worth more than $1 since May 2022. ENJ backs non-fungible tokens minted on the Enjin Network. People can also buy, sell, and trade ENJ on exchanges. Will Enjin Coin reach $1?
What is Enjin Coin used for?
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