As other coins faced a rather flat week in gains, Enjin Coin (ENJ) continued to enjoy an increase in its daily volumes traded. This comes even after Bitcoin dropped below the $10,000 for the first time after a week. This Sunday, the coin entered the top 100 coins rank according to market capitalization ranking at 99. This may just mark the beginning for such a promising token that had signed a partnership with NRG eSports, a tournament organizing company, some days ago. The partnership aims to utilize Enjin’s technology and probably the EJN token to reward its fans and customers and educate them about blockchain technology in gaming.
Enjin Coin (ENJ) has also announced on its Medium page that the coin will be listed on one of the largest exchanges in Australia, CoinSpot cryptocurrency exchange. The exchange is however known for its exorbitant fees that arise from both its no free deposit policy and the supply and demand economics associated with the exchange. In addition, the exchange is also not listed on Coinmarketcap, the largest data source of cryptocurrencies, making it a pretty big deal.
“The gaming coin has since seen a 256% increase in the daily volume traded with each coin trading at $0.2 and the total market capitalization closing the day at $9,894,050.”
The Enjin Coin marketing team has however found a way to swing this around by making sure they opened adoption from some of the most interested countries in the cryptocurrency arena especially Australia, one of the most receptive countries to the blockchain technology.
The coin was also listed on Qryptos, Cobinhood and Coinrail that all deal exclusively in cryptocurrencies. Qryptos currently controls 25% of the trading volume of Enjin token with pairs of EJN/BTC and ENJ/ETH having over 12% of the total daily volume traded. These new exchanges will start trading on the EJN coin from February 25th 2018. The gaming coin has since seen a 256% increase in the daily volume traded with each coin trading at $0.2 and the total market capitalization closing the day at $9,894,050, according to Coinmarketcap. This saw the coin drop 8 places to rank 107 from an all-time high of 99 on the website.
Most secure mobile crypto wallet
Enjin Coin (ENJ) introduces the Digital Smart wallet as the safest mobile cryptocurrency wallet. The wallet is enabled to store Bitcoin, Litecoin, Ethereum and its ERC20 tokens (meaning you can store your Enjin tokens too) on a mobile wallet. The wallet does not hold your private keys giving the user total control of the wallet. The wallet however requires a 12 word passphrase in case you forget your password.
The development team also worked on a securing inputs by integrating its own keyboard to the DS wallet to prevent any memory scrappers, key loggers or sniffers from accessing it. The keyboard has 3 secure options and an ability to randomize keys to offer the highest level of security to the funds stored in the wallet.
The gaming network has a development and management team with experience in software engineering, Blockchain and the online gaming industry. The team is led by Maxim Balgov, CEO and Witek Radomski, CTO. The recent partnerships shows a dedicated team looking forward to seeing its price rise as they have a long history together. Enjin Coin (EJN) is ready for takeoff people!!!