Buy Free NFT Game & Metaverse Coin Enjin (ENJ) Based On Risk Analysis & Crypto Price Prediction News 2022?

51 sec read

ENJ (ENJ) is a token on Ethereum designed to make using non-fungible tokens (NFTs) easy for individuals, businesses, and brands. Enjin uses ENJ to directly back the value of NFTs minted within its ecosystem. Efinity may provide another successful year for Enjin, following an action-packed 2021 in which the company demonstrated its ability to hook the gaming community. According to InvestorsObserver research, Enjin Coin has a low risk analysis. The proprietary system measures how much money it took to shift the price of a token over the last 24 hours as well as changes in volume and market cap. A lower score indicates a higher risk, while a higher value indicates a lower risk.

Risk/Reward Score - Low

Market Cap, Volume & Technical Analysis For Trading ENJ Token

Currently, ENJ’s risk gauge score indicates a low risk investment. Risk-aware portfolio managers will find this gauge more useful when trying to avoid (or discover) more risky investments. 6.11% of Enjin Coin’s price has decreased over the last 24 hours, resulting in its current value of $0.51. During the same period, the token’s market capitalization has increased while volume has decreased. Over the past 24 hours, $70,797,796.19 worth of the cryptocurrency has been traded for $456,837,302.45. Based on the volatility in price compared to volume and market cap changes, Enjin Coin is considered low risk. Because of ENJ’s recent price movement in relation to volume changes, the cryptocurrency has a low risk score, giving traders reason to be confident in its manipulability.

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