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Enjin coin is the native token of the Enjin ecosystem which provides a blockchain based  interconnected gaming product. It is a virtual token based on the Ethereum network that allows the users to create websites and clans , chat and host virtual stores. 

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The gaming industry will definitely evolve with blockchain technology and several Japanese industries have already started investing in Enjin Coin. 

This article aims to provide you with brief information regarding the technical analysis, price prediction and the projected growth of the altcoin Enjin.

 By the end of this guide you will have a clear outlook on Enjin Coin, whether it is a good investment or not? 

Overview

Cryptocurrency Enjin Coin
Token ENJ
Price(At the Press time) $2.68
Market Capitalization $2,240,018,926
Circulating Supply 834,313,757 ENJ
All Time High $4 (April 09, 2021)
All Time Low $0.01562 (November 02, 2017)

Fundamental Analysis Of Enjin Coin

Enjin Coin was first announced in July 2017 and launched on the Ethereum mainnet in June 2018. Enjin coin is a cryptocurrency that can be used across various different websites and online games. The coin can also be converted  into numerous other digital properties like game items or in-game gold. The coin is virtually made for the game industry.

Founded by Maxim Blagov and Witek Radomski, ENJ is a digital store value used to back the value of blockchain assets like non-fungible tokens(NFT’s). According to its whitepaper, ENJ uses a series of both on-chain and off-chain processes to carry out a transaction.

Also Read: Origin Protocol Price Prediction, Will OGN Price hit $10 by 2021?

Enjin Coin  Price Prediction 2021

Enjin Coin entered the year 2021 with a trading price of $0.13. On a bullish note, the price started to rise further and is trading at $3.48. If the investors focus on Enjin Coin, the price is expected to escalate to a new high. The current ATH is $4.00 that evolved in April. Following this, Enjin surged significantly with $2 figures by May.

Unexpectedly when the Crypto market plunged on May19, Enjin also saw a crucial pull back when it dropped down from its $2 movement. Unable to retrieve the momentum, the price is still sluggish and seen sailing near $1.7, yet putting all efforts to recoup from the blow.

Considering the current price tendencies, Enjin may be seen trading near $1.85 by the end of 2021. The coin might soar if the community concentrates on reducing the transaction fees and may strike a high at $2.22.By the end of 2021, the lowest value ENJ might see is $1.4.

Enjin Coin Price Prediction 2022

ENJ might initiate the year 2022 at a price of $11. The community could focus on revolving the gaming industry. It might enhance its platform by offering flexibility and seamless transparency. By the end of 2022, Enjin Coin’s price is assumed to be traded at $15.

Price Prediction For The Next 5 Years

With certain developments and collaborations, ENJ might rise. In 5 years, ENJ might be considered as the top gaming crypto available in the market and might enter the top 40 cryptocurrencies list. It might attain more investors and users if it concentrates on enhancement of its protocol and instant transaction system. By the end of 5 years, ENJ might be traded at $34.

Market Prediction For Enjin Coin

TradingBeasts

According to TradingBeasts, Enjin Coin is expected to reach an average of $2.88 by the end of 2021.

CryptoGround

According to CryptoGround, Enjin Coin might stay around $3.2 by the end of 2021. It might reach $5.02 by 2025.

DigitalCoinPrice

According to DigitalCoinPrice, Enjin coin might trade at $4.08 by the end of 2021 and reach $8.29 by the end of 2025.

Investorpalace

The analysts who publish on inventorspalace predict the price of Enjin coin to reach $4.48 by the end of 2021.

WalletInvestor

According to walletinvestor, the ENJ price is expected to go up from $2.692 to $3.66 in the coming year and reach $9.806 by 2026.

Our Prediction

Enjin Coin initiated the year 2021 with the price, $0.13. The token started to escalate further and hit an all time high of $3.59 on April 9, 2021. ENJ may concentrate on integrations and collaborations with certain gaming websites. It might introduce new offerings to trigger the problem of scaling and it might be valued at a higher price. By the end of 2021, the digital currency might be exchanged at as high as $5.

Also Read: Bancor Network Token Price Prediction, Will BNT Price Hit $10 by 2021?

Historical Market Sentiments

2017

With an Initial Coin Offering, Enjin Coin entered the market with $0.022 on 1 November according to Coinmarketcap. As it was the new entrant in the sphere, the investors were not attentive about the currency. Significantly, the token started to rise after. With certain price variations, ENJ climbed to $0.16 by the end of December and closed the year 2017.

2018

On a bearish note, ENJ continued to trade at $0.18. Later, the currency effectively hit an all time high by spiking to $0.49 on 8 January as it got listed on many exchange platforms. Further the price declined to as low as $0.09 by February and steadily recovered to $0.23. Surprisingly, the token plunged to $0.052 by the end of June as the Enjin coin experienced a huge selling pressure. As the bears were held into dragging the prices, ENJ failed to perform well and ended the year 2018 at a trading value of $0.04.

2019

With a bearish run, ENJ started the year 2019 at a cost of $0.04. Dramatically, the price spiked to $0.24 by early March as the marketers continued their investment in Enj and further the token plunged to $0.05 by the end of October as the south asian state exchanges announced to tighten the crypto market regulations. Followed by this, the currency steadily recovered to $0.08 by December to end the year 2019..

2020

Enjin Coin preceded the year 2020 with an exchange value of $0.07. With certain price inequalities, the price dramatically dropped to $0.04 by the mid March as the crash of crypto assets because of the Covid-19 outbreak. Further, the price started to recover as the market opened the trading doors. Later the price hit $0.23 by the end of August and further plunged to $0.11 by early November. ENJ remained to be stable after the expansion of Bitcoin’s price rally at the end of November. Later, Enjin Coin traded at $0.13 to close the year 2020.

FAQ

Can Enjin Coin be mined?

Yes, it is possible to mine Enjin Coin.

Does Enjin Coin Record its new All-Time-High?

Yes, Enjin Coin might record its new All-Time-High by the upcoming days.

Can Enjin Coin reach $10?

Yes, Enjin Coin might reach $10 in the near future.

Is Enjin Coin a profitable investment?

Enjin Coin might be a profitable investment for the long term as it aims to provide more benefits to its users.

Who is the founder of Enjin Coin?

Maxim Blagov is the founder of Enjin Coin.

Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

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Review

Cryptostair Review – Is Cryptostair.io Scam or Legit – Cryptostair.io Review

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NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Cryptostair Review

As www.cryptostair.io is associated with a popular Bitcoin & Cryptocurrency niche, we tried scrapping a paragraph from their website, below:

“The popularity of crypto-currency and the increasing difficulties in obtaining it increase the popularity and demand for crypto-currencies in the markets and in general. Therefore, sales of digital currency are very profitable for us, and this kind of activity brings us and our investors a decent income”.

 

Cryptostair Founder

While documenting this Cryptostair review, I did my best to search and found no information on the founder of this platform.

I believe knowing the background record of a brand owner is a step forward into knowing how legitimate it is and the reputation of the Profile.

Cryptostair provides no verifiable information about who owns or runs the company on its website.

 

Cryptostair Referral Program

For every online platform, the referral model follows a pattern, all company wants to promote its product, app or site so they offer all potential users the opportunity to share their link, make a new member, and earn a bonus as reward.

The same model is applied on the Cryptostair site. After a successful sign up or registration, you proceed to login to be enable to share your referral link, make new membership and earn a referral bonus.

 

Is Cryptostair Safe and Credible

Everything is well presented and well set as for the company’s website. Now, if you have just started with this commany and you invested just today. You will have to wait till the next day to make a withdrawal and it takes up to a maximum of 24 hours for your withdrawal to process. I do believe if Watermine Company refers it ; it should also be a very good one. Cryptostair company noted on its homepage that they have been doing business for 10 years but that’s not true.

 

Is Cryptostair Legit 

The Scam Detector’s algorithm finds www.cryptostair.io having an authoritative rank of 58. It means that the business is Active. Mediocre. Common.

Our algorithm gave the 58 rank based on 50+ factors relevant to www.cryptostair.io’s niche. From the quality of the customer service in its Bitcoin & Cryptocurrency industry to clients’ public feedback and domain authority, we have considered many important details.

Other factors include, but are not limited to, WHOIS details, IP address, Alexa rank, modern technology used for their website, SSL certificate, and presence or absence on suspicious website lists.

What does “Active. Mediocre. Common.” mean? It is a business that’s been online for a while. It seems like www.cryptostair.io has received both positive and negative feedback (occasionally), just like many other websites. That means that you need to exercise caution if you decide to proceed with using it.

 

Is Cryptostair Scam

Cryptostair.io registered their websites domain name with a suspicious domain name registrar. 

Cryptostair.io is very new (it is less than 1 year old) and you should be cautious when using this website.  

Cryptostair.io has an SSL certificate but this does not guarantee that Cryptostair.io is 100% legitimate.  

You should only perform online purchases with websites that have a SSL certificate (padlock shown in the address bar).

 

In Summary – Is Cryptostair Legit or Scam

Anyways, team Xycinews can’t pronounce Cryptostair scam or legit but we will give you all the important information at our disposal to help you decide best because it involves you and your funds and we ain’t ah third party.

Don’t conclude from what you’ve read alone, make research additionally to make your firm. Always look out for the following before considering any online platform, expecially when your funds is involved.

  • Check if the site has a “contact us” web page
  • Avoid online Platforms that promises huge ROI.
  • Check if the site shows info about its company (name, address, country).
  • Check if the site has an “about us” or “company” web page.
  • Check if the site has a valid VAT or Partita IVA number (EU only).
  • Check if the platform is registered and certified to increase trust value.
  • Don’t be tricked by offers looking too good to be real, if it looks too good to be true, it could be a bait.
  • Check if the site has an active social presence (Telegram,Facebook, Twitter, Instagram)

 

Disclaimer

This Cryptostair Review Article isn’t aimed at defaming Cryptostair nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Cryptostair review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

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Review

Oduwa Coin Review – Is Oduwa Coin Scam or Legit – Oduwa coin Price Predictions

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Oduwa coin is a mineable cryptocurrency created from the Scrypt algorithm using the Proof of Stake concept. 

Every New Oduwacoin is minted using a mining technique called “Proof of Stake” where your pcs or computer is attached to the network as nodes. 

Very cheap to participate in mining and earn Oduwacoin daily. A computer and Wi-Fi will do it. No expensive equipment is needed when compared to mining bitcoin.

 

NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Oduwa Coin Review

Oduwacoin is a digital payment ecosystem. A virtual currency that uses peer to peer technology to settle all of its transactions within the network. 

Oduwacoin is a free open source project derived from collaborative blockchain frameworks to provide a long-term Energy-Efficient SCRYPT-Based Cryptocurrency. 

Built on the foundation of Hybrid Blockchain POW/POS, innovations such as proof-of-stake help further advance the field of crypto-currency and boost the concept of nearly No- Cost transaction fees for all OWC users to send and receive Oduwacoin. 

Oduwacoin is an alternative to bitcoin designed to tackle some serious problems facing bitcoin like, high fees, slow confirmation and expensive mining. We are committed to making Cryptocurrency accessible to everyone worldwide, especially regions that are densely financially underserved. The Future Of Settlement Is Here! ODUWACOIN.

 

Oduwa Coin Wallet

Oduwacoin does not sell packages, nor does charge any membership or monthly fees. Everyone is free to join and own a piece of Oduwacoin at the prevailing free-market price. Every holder must set up a wallet to store ODUWA asset. 

Our official custodial wallet is available on desktop at www.oduwa.org, and mobile version Oduwapay can be downloaded at AppStore and Playstore. User can also store Oduwa digital currency on Paper wallet with private keys, QT wallet with encryptions keys or at exchanges custodial wallet that trades Oduwacoin. 

Here is the official site to buy Oduwa and install various types of wallet to suit your needs: https://www.oduwacoin.io and https://www.oduwacoin.io/buy-oduwacoin

 

Oduwa Coin Founder

While documenting this Oduwa Coin review, I did my best to search and found no information on the founder of this platform.

I believe knowing the background record of a brand owner is a step forward into knowing how legitimate it is and the reputation of the Profile.

Oduwa Coin provides no verifiable information about who owns or runs the company on its website.

 

Oduwa coin Price Predictions

The current price of Oduwa Coin (OWC) is USD 0.46. 24-hour trading volume of OWC is USD 25 at exchange markets. Last week the price of Oduwa Coin has increased by 16.47%. The price of the crypto currency has increased by 1.47% in the last 24 hours.

The data on the price of Oduwa Coin (OWC) and other related information presented on this website is obtained automatically from open sources therefore we cannot warrant its accuracy. COINCOST is in no way related to the cryptocurrency Oduwa Coin, its developers and representatives.

 

Oduwa Coin Registration

Oduwacoin is a global Decentralized Cryptocurrency, so there is no Centralized physical office designated, but its founding principles are located in North America, Africa and Asia

 

Oduwa Coin Withdrawal

Oduwacoin does not receive or give money to any of the affiliates, so to convert or trade your OWC or digital currencies for other assets, such as conventional fiat money(Dollar, Euro and Yen) or other digital currencies.; you need to open a sales order on an Exchange for liquidity.Currently trading at Crex24.com, stex.com,vindex,exrates.me,P2PB2B.com and more.

You can withdraw your payments at any time you choose at any exchange Oduwacoin is listed. Please check www.oduwacoin.io website and our social media channels for up to date coin listing information.

 

Is Oduwa Coin Safe and Credible

Oduwacoin is a digital currency, stored as an asset and a medium of exchange for purchasing goods and services. Shoppers can now visit the first marketplace that accept Oduwa Coin at www.oduwamarketplace.com. 

More stores and businesses are popping out daily utilizing Oduwacoin as a payment for goods and services worldwide. Visit coinlocateplus.com for a list of merchants accepting Oduwacoin.

 

Is Oduwa Coin Legit 

Oduwa Coin is a digital currency. Every type of money has a risk due to inflation and counterfeit, especially a cryptocurrency that deals with volatility daily. 

Inflation is no.1 problem that weakens the value of money, hence there are only 21million Oduwa coins that will ever exist on the most trusted technology available called blockchain.

 

Is Oduwa Coin Scam

Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.

  • Do you think Oduwa Coin is scam?
  • How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Oduwa Coin on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

 

In Summary – Is Oduwa Coin a good investment

Oduwa coin is a mineable cryptocurrency created from the Scrypt algorithm using the Proof of Stake concept. 

Every New Oduwacoin is minted using a mining technique called “Proof of Stake” where your pcs or computer is attached to the network as nodes. 

Very cheap to participate in mining and earn Oduwacoin daily. A computer and Wi-Fi will do it. No expensive equipment is needed when compared to mining bitcoin.

 

Disclaimer

This Oduwa Coin Review Article isn’t aimed at defaming Oduwa Coin nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Oduwa Coin review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

LEGIT BUSINESS OPPORTUNITIES 🔻🔻

 

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Review

Cake Coin Price Prediction – Cake Coin Review – Is Cake Coin Scam or Legit

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This PancakeSwap price prediction article is based on technical analysis. Within this article, you will see the factors and metrics that we put into consideration while writing this CAKE price analysis and prediction.

Many cryptocurrencies rose and fell in a rollercoaster ride as market volatility continues to plague the world of crypto. There were many tokens seen in various news reaching new all-time highs, and recently all-time lows as well. Because of this, many traders are confused, unsure of what to do, panic-selling, and losing money during the most recent crypto crash.

Of course, CAKE traders are not safe from the onslaught. In May, CAKE reached a new all-time high of $44.18. In the same month, CAKE dipped as low as $9.52 according to coin information websites like CoinMarketCap and CoinGecko. Will this CAKE continue to be bearish or will it recover and reach a new all-time high? These are the questions that we’ll address in this CAKE price analysis 2021 article.

 

NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Cake Coin Review

As appetizing as it sounds, PancakeSwap or CAKE doesn’t have anything to do with food. It’s an automated market maker and a decentralized finance (DeFi) application. The platform is a Binance Smart Chain-based Decentralized Exchange (DEX) launched by anonymous devs — that seem to like breakfast food and rabbits. 

It’s often compared to Ethereum’s Uniswap and SushiSwap because of its many similarities, but it also has many additional features that allow users to earn rewards.

What is an automated market maker (AMM)? If you haven’t encountered this term yet, here’s what it means. An AMM is different from traditional centralized exchanges. You can trade digital assets on this platform. However, there is no order book where you are matched with fellow traders. 

In an AMM, you are trading against a liquidity pool which is simply a bunch of funds thrown together in a large digital pile. It’s an essential element of Decentralized Finance (DeFi) protocols.

The liquidity pool is combined using other users’ funds. These users deposit them in the liquidity pool and they receive Liquidity Provider (LP) tokens in return. These tokens can be used to claim their share and a part of the trading fees.

CAKE is the native token of the PancakeSwap platform. It’s the BEP-20 Pancake token (CAKE). This token is one of many tokens that are used within the PancakeSwap protocol and is made available for token swaps within the exchange.

 

Cake Coin Price Prediction

Without any further ado, let’s take a look at the charts for this CAKE Price Analysis 2021 article. The first indicator that we will be analyzing in this article is called the 200-Day Simple Moving Average (SMA). This is an indicator that gives us a general analysis of whether the market is bullish or bearish.

As we can see in the chart below, there were several dips that brought CAKE below the 200-Day SMA. These small dips may be classified as bearish trends within a wider bull market. This is because the majority of the range candles are above the 200-Day SMA line. This means that the market as a whole is bullish.

Another indicator that can show if it’s bullish or bearish is the Relative Strength Index (RSI). It’s a very popular momentum indicator that shows if the market is bullish or bearish. It also shows generally good buying and selling opportunities. Let’s take a look at the chart to see if CAKE is oversold or overbought.

The last technical indicator that we will use to determine the price trajectory for this CAKE Price Prediction 2021 article is the Ichimoku Cloud. This indicator is a collection of various indicators namely the Lagging Span, Base Line, Conversion Line, Lead 1, and Lead 2. These indicators show support and resistance levels. Aside from these, it also shows momentum and trend direction by taking averages and plotting them on the chart.

 

In Summary – Is Cake Coin Legit or Scam

If CAKE makes a bullish recovery, support will be around $28, while resistance will be around $33. If a downtrend continues, support will be around $22.5, while resistance will be around $27.

Now, is it possible for CAKE to go 1 USD in 2021? Yes, anything is possible. If we are looking only at a short-term bearish trend within a wider bull market, CAKE can reach a new all-time high of around $100 dollars at the end of 2021. However, if it continues to go bearish, we may see a price drop to the $10 to $5 range.

You must always remember that this CAKE Price Prediction 2021 article is only here to help you with your purchase decision and must not be treated as financial advice. No one knows for sure how the market will perform. So, please buy at your own risk!

 

Can CAKE coin reach $100 in 2021?

Yes, there is a possibility for CAKE to reach $100. However, it depends on the market’s performance.

 

How can I get PancakeSwap tokens?

You can get CAKE by purchasing it on exchanges.

 

Where can I buy or trade CAKE?

You can purchase CAKE at PancakeSwap, Binance, KuCoin, Gate.io, Bithumb, and many other exchanges.

 

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