Enjin Coin (ENJ) Holders Left In Shock As A New Memecoin Steps Up To Dominate The Crypto Market (2024)

Investors who had hopped on the Enjin train before the clock struck midnight on January 1st, 2021, would have a 10-fold return on their investment in the bag right now. But it’s a different tale for folks that came on board near the coin’s peak, as they got a shocker in Enjin’s sudden drop.

We know how cryptocurrencies could be as unpredictable as a squirrel on caffeine. So, it’s wise to play it safe and be strategic. Which is why this new memecoin, $ANA, is your best bet this year.

It’s Anarchy o’clock, guys!

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Anarchy is a promising meme coin that’s coming in with some swagger and a rebel attitude that has expert analysts backing it to dominate the crypto market this year. Is it a fun mission to tackle corrupt governments? Or its potential to yield massive returns? Anarchy has it all.

In this article, we’re going to talk about Enjin and its sharp fall and tell you all you need to know about the new hotshot, Anarchy.

BUY $ANA NOW

Enjin (ENJ) Leaves Holders Out To dry

Enjin (ENJ) is a trusty ERC-20 token on the Ethereum blockchain, acting as the backbone of the Enjin Network. This network forms the foundation of an ecosystem of blockchain-powered games. Now, many crypto games out there have gone the extra mile by building entire networks or creating unique tokens, but Enjin takes a different approach. It aims to make the blockchain side of its games super sleek and seamless so that it can channel its energy into crafting mind-blowing gaming experiences.

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Enjin had an absolutely fantastic 2021. You see, in its early days, the coin didn’t quite hit the jackpot, but then NFT gaming burst onto the scene, and Enjin did some massive numbers. It kicked off the year at a modest $0.13 and then skyrocketed to an all-time high of $4.8 in November of that year.

Now, here’s where things get interesting.

If you happened to buy Enjin at those peak prices, well, let’s just say the token’s current trading value of $0.2954 might make you break into a nervous sweat.

Enjincoin may seem like a bargain price considering its significant market cap, but that’s because it boasts a generous circulating supply of 850 million tokens. Though that might not meet everyone’s expectations, especially considering recent losses, the Enjin Coin community remains hopeful for a turnaround. Meanwhile, some adventurous investors have joined the Anarchy project as it steps up to dominate the crypto market.

Something huge is coming.

If you see this ?

Then your early! pic.twitter.com/HssZ4ywwrJ

— ANARCHY (@anarchycoineth) June 10, 2023

Anarchy Is Here To dominate

Enjin takes a backseat while the new meme coin, Anarchy, is stepping up to rule. The Anarchy movement is ‘memes against the suits’ in a battle of the people against the corrupt and invasive Big Brother.

The Anarchy Project has used the power of humour to call out the government and ask the big questions. It’s bringing a classic underdog story into the crypto world, and Anarchy is set to dominate the market with its unique approach.

But Anarchy is not just about memes and rebellion. It’s a coin that means business, and backed by robust utilities and immense potential, there are some benefits that come with joining the Anarchy Project:

  • Incredible Potential For Growth

The Anarchy Project doesn’t just talk the talk; it walks the walk. Built on the Ethereum blockchain, this project has released 69 billion $ANA tokens for sale during its ongoing presales. This number showcases the immense potential of Anarchy to rise to the top of the crypto world and stay there.

  • Returns on Investments

Every transaction in Anarchy contributes 4.5% to the AnarchyDAO treasury, which is securely managed by Gnosis Multi Safe Solutions. Members have the power to decide how the funds from the treasury are used—whether for charity or investments. The profits from these investments are then shared among members. That’s some sweet passive income right there.

  • high-value investment

Anarchy doesn’t stop at investments and community initiatives. It has a clever trick up its sleeve to boost its value in the market. After every transaction, 0.5% is permanently burned to reduce the supply in circulation, create scarcity in the market, and also strengthen the value of $ANA over time.

You’ll be part of a project whose value grows steadily, solidifying your stake in this groundbreaking revolution.

Ready to join the Anarchy movement?

ANA Presales

You can join the Anarchy movement by investing in the token right now during its ongoing presale. They’re currently in the first stage, and investors are buying big and fast for $0.00021 per token.

Don’t miss this opportunity. Invest in ANA today!

Anarchy Website

Anarchy Twitter

Anarchy Telegram

Follow Us on Twitter and Facebook.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Enjin Coin (ENJ) Holders Left In Shock As A New Memecoin Steps Up To Dominate The Crypto Market (2024)

FAQs

What is the future of Enjin Coin? ›

Our most recent Enjin Coin price forecast indicates that its value will increase by 1.59% and reach $0.309174 by May 04, 2024. Our technical indicators signal about the Bearish Bullish 19% market sentiment on Enjin Coin, while the Fear & Greed Index is displaying a score of 43 (Fear).

What is happening with Enjin? ›

Enjin coin (ENJ) has experienced a decrease of 5.70% in the last 24 hours. Despite this decline, the cryptocurrency is flat over the last 7 days. The integration of non-fungible tokens (NFT) into mainstream games is increasing with the latest partnership between MyMetaverse and Enjin.

Which crypto will explode in 2024? ›

Top 7 Cryptos to Explode in 2024: BlockDAG, Bitcoin, ADA, XRP, AVAX, MATIC and TRX. The crypto market is set for a transformative phase, with BlockDAG at the forefront, having raised a significant $23.4 million in its latest presale.

What is the prediction for ENJ crypto? ›

Enjin Coin price prediction 2024: Enjin Coin's price for 2024 according to our analysis should range between $0.22 to $0.33 and the average price of ENJ should be around $0.27.

Will ENJ ever recover? ›

Can ENJ Recover and Rise Again? Based on the growing NFT market, increasing adoption of Enjin, and upcoming developments like Efinity, ENJ's price will rise significantly above its current levels in the coming years. However, cryptocurrency predictions always have uncertainty since the space is highly volatile.

Will enj Coin recover? ›

The all-time high is still a long way off. However, analysts do expect Enjin Coin to start a cautious recovery. Throughout the year, the price is projected to trend upward. In September the price will reach €0.2900 and by December, it is expected to reach €0.7100 euros.

Is Enjin worth investing? ›

Definitely Yes ! ENJ is a very good investment, will be giving substantial returns to its investors. Enjin adopters are creating ENJ-backed digital assets and using them in unique ways, ranging from art NFTs (non-fungible tokens), to digital vouchers, to goods that can be utilised across numerous video games.

Is Enjin built on Ethereum? ›

Enjin Coin is an ERC20 token built on the Ethereum network, which means that the project provides not only transactions but smart contracts as well.

Why buy Enjin? ›

Enjin Coin allows players to buy, sell, and trade digital items while verifying and managing the authenticity and value of these items via the blockchain. ENJ is used to link digital items to blockchain-based tokens, increasing the value and authenticity of these items.

Which crypto will skyrocket in 2025? ›

With the continued development of the Ethereum ecosystem and the rising demand for decentralized applications, ETH has the potential to boom in 2025 and beyond. Solana is among the best-performing cryptocurrencies in 2024 and could reach a new all-time high of $713 by the end of 2025.

What is the next crypto to explode in 2025? ›

Conclusion (Next Cryptocurrency to Explode in 2025)

While predicting which coins will 5X by 2025 is challenging, Ethereum, XRP, Cardano, Dogecoin, Toncoin, Shiba Inu, TRON, Cronos, and NEAR Protocol are among the top contenders with strong potential for explosive growth.

Which crypto coin will explode in 2025? ›

Cryptos With Explosive Potential: Ethereum (ETH-USD)

Ethereum (ETH-USD) is simultaneously one of the most and least likely cryptocurrencies to return 5X by 2025. In order for that to happen the price would have to land somewhere between $15,000 and $16,000.

How high can an Enjin coin go? ›

Enjin Coin is forecasted to trade within a range of $ 0.290670 and $ 0.986918. If it reaches the upper price target, ENJ could increase by 227.63% and reach $ 0.986918.

What is the all time high for enjin? ›

What is the all time high of Enjin Coin? The all-time high of Enjin Coin is $4.85.

How much will 1 ethereum be worth in 2030? ›

By the end of 2030, the predicted Ethereum price could soar to a peak of $26,575.21. The current price of 1 Ethereum is $ 3,139.76127451.

What are the benefits of enjin coin? ›

Enjin Coin allows players to buy, sell, and trade digital items while verifying and managing the authenticity and value of these items via the blockchain. ENJ is used to link digital items to blockchain-based tokens, increasing the value and authenticity of these items.

What is the price prediction for Mcoin in 2024? ›

In 2024, the MCOIN price is expected to rise by -24.05%. By the end of 2024, the MCOIN price is projected to reach $1.15, with a cumulative ROI of +15.17%. In 2040, the price of MCOIN is expected to rise by +10.00%.

What is the price prediction for Mcoin in 2025? ›

The mCoin price prediction for 2025 is currently between $ 0.941981 on the lower end and $ 4.44 on the high end. Compared to today's price, mCoin could gain 369.64% by 2025 if MCOIN reaches the upper price target.

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