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Enjin Coin price prediction 2025-2031: Can ENJ price reach $10?

Key takeaways:

  • Our Enjin coin price prediction anticipates a high of $0.2856 in 2025.
  • In 2027, it will range between $0.5125 and $0.6272, with an average price of $0.5307.
  • In 2030, it will range between $1.51 and $1.90, with an average price of $1.57.

Enjin Coin (ENJ) is the governance and utility token of the Enjin Blockchain and its accompanying web3 products and services. Users can stake their tokens and earn up to 28% APR on their investment. 

The Enjin blockchain is documented to achieve over 5,000 transactions per second and up to 2.2K mints per transaction. It uses a proof-of-stake consensus model.

You can buy Enjin coin on Binance and Bybit exchange.

This article seeks to explore Enjin’s price predictions from 2025 to 2031.

Overview

CryptocurrencyEnjin coin
TickerENJ
Current price$0.1629
Enjin coin Market cap$292.02M
Trading volume$20.82M
Circulating supply1.79B
All-time low$4.85 on Nov 25, 2021
All-time high$0.01562 on Nov 2, 2017
24-hour high$0.171
24-hour low$0.1598

Enjin coin price prediction: Technical analysis

MetricValue
Volatility (30-day variation)10.60%
50-day SMA$0.2429
200-day SMA$0.1878
SentimentBearish
Fear and Greed Index75 (Greed)
Green days14/30 (47%)

Enjin price analysis

Key takeaways:

  • ENJ is bearish
  • Negative market momentum has also risen over the last 28 hours.

ENJ/USD 1-day chart analysis

ENJ/USD price chart. Image source: Tradingview
ENJ/USD price chart. Image source: Tradingview

The feeding William Alligator trendlines show that the ENJ volatility is rising this month. The candles are also short, indicating an indecisive market despite a general bearish trend. The price action is bearish, with rejection and support levels at $0.2182 and $0.1487, respectively. As ENJ approaches the critical thresholds, market participants are closely watching to see the direction of the next breakout.

ENJ/USD 4-hour chart analysis

ENJ/USD price chart. Image source: Tradingview
ENJ/USD price chart. Image source: Tradingview

The 4-hour chart highlights ENJ’s dip over the last week. At the time, ENJ had risen to $0.2195 before reversing to current lows. The current trend is declining, as shown by the William Alligator trendlines. Positive market momentum has also dropped over the last 28 hours.

ENJ technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 30.1828SELL
SMA 50.1790SELL
SMA 100.1984SELL
SMA 210.2076SELL
SMA 500.2429SELL
SMA 1000.2168SELL
SMA 2000.1878SELL

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 30.1914SELL
EMA 50.1971SELL
EMA 100.2069SELL
EMA 210.2208SELL
EMA 500.2321SELL
EMA 1000.2224SELL
EMA 2000.2217SELL

What can we expect from ENJ price analysis next?

Enjin’s negative momentum is rising in the shorter timeframes, meaning long traders should brace for more losses. However, the market also signifies bullish reversals in the future.

See also  Tron Price Prediction 2025–2031: Will Tron reach $1?

Why is Enjin down?

The drop in Enjin’s value could be attributed to the general market sentiment, which remained bearish in Q3 2024.

Will Enjin recover?

Enjin is currently bearish and continues to drop lower. An RSI drop below 30 will be critical in sending ETN to previous highs.

Will Enjin reach $0.5?

Yes, Enjin should rise above $0.5 in 2027 and reach a maximum price of $0.6272 during that period.

Will Enjin reach $1?

Yes, Enjin should rise above $1 in 2029. During the period, it will reach a maximum price of $1.29.

Will Enjin reach $10?

Per the Crypopolitan price prediction, it remains unlikely that Enjin will get to $10 before 2031.

Does Enjin have a good long-term future?

According to Cryptopolitan price predictions, Enjin will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.

Is Enjin a good investment

ENJ is very useful in the Enjin ecosystem, making it a good investment for its community. It also offers a 28% return on staking. Most price predictions are optimistic, but they remain victim to market volatility.

Recent news

The Degen NFT collection is now live. Owning a Degen NFT will enable you to create your own Enjin Blockchain staking and nomination pool, among other benefits. A Nomination Pool is a mechanism for users to stake their ENJ and nominate a set of Validators representing the group.

Enjin price prediction January 2025

The Enjin price forecast for January is a maximum price of $0.2006 and a minimum price of $0.1620. The average price for the month will be $0.1668.

MonthPotential low ($)Potential average ($)Potential high ($)
January0.16200.16680.2006

Enjin coin price prediction 2025

For 2025, Enjin’s price will range between $0.1330 and $0.2856. The average price for the period will be $0.1889.

See also  Filecoin price prediction 2025-2031: What's the future for FIL?
YearPotential low ($)Potential average ($)Potential high ($)
20250.13300.18990.2856

Enjin coin price prediction 2026-2031

Year Potential low ($)Potential average ($)Potential high ($)
20260.35520.36530.4167
20270.51250.53070.6272
20280.74460.77110.8825
20291.08001.12001.2900
20301.51001.57001.9000
20312.29002.36002.7000

Enjin coin price prediction 2026

The Enjin price prediction estimates it will range between $0.3552 and $0.4167, with an average price of $0.3653.

Enjin price prediction 2027

Enjin coin price prediction climbs even higher into 2027. According to the predictions, Enjin’s price will range between $0.5125 and $0.6272, with an average price of $0.5307.

ENJ price prediction 2028

Our analysis indicates a further acceleration in Enjin’s price in 2028. It will trade between $0.7446 and $0.8825.

Enjin coin price forecast 2029

According to the ENJ coin price prediction for 2029, the price of Enjin will range between $1.08 and $1.12, with an average price of $1.29.

Enjin crypto price prediction 2030

According to the Enjin coin price movements, in 2030, the price of Enjin will range between $1.51 and $1.90, with an average price of $1.57.

ENJ price prediction 2031

According to the ENJ coin prediction for 2031, the price of Enjin will range between $2.29 and $2.70, with an average price of $2.36.

Enjin coin price prediction 2025-2031
Enjin price prediction 2025-2031

ENJ price prediction: Analysts ENJ price forecast

Platform202520262027
Digitalcoinprice$0.36$0.42$0.44
Changelly$0.2417$0.3545$0.5252
Gate.io$0.169$0.2011$0.2453

Cryptopolitan’s ENJ price prediction

Our predictions show that ENJ will achieve a high of $0.2856 in 2025. In 2027, it will range between $0.5125 and $0.6272, with an average of $0.5307. In 2030, it will range between $1.51 and $1.90, with an average price of $1.57. Note the predictions are not investment advice. Seek independent professional consultation or do your research.

ENJ historic price sentiment

Enjin price history. Image source: CoinStats
Enjin price history. Image source: CoinStats

  • According to Icodrops, Enjin presale ended in Q3 2017 at $0.03, raising $12 million. The public sale, in Q4, raised $20.19 million at $0.05.
  • The ENJ coin started trading on November 1, 2017, at $0.02431. 
  • The coin’s price soon began to make significant strides. By the end of 2017, the value of ENJ had jumped by over 600% to close at $0.1727.
  • On 7th January 2018, the Price of Enjin rose to a maximum of $0.4934, an increase of over 180% from its previous high. 
  • In early February 2018, the trading ENJ  price dropped to $0.09134 but soon gained momentum and rose to $0.1931 by the end of the month. By the end of the year, it had dropped to $0.04.
  • 2019 ENJ assumed a bear run after peaking at $0.19 in Q1. The year closed at $0.07.
  • It started recovering in 2020 and mooned in 2021. It rose from $0.14 in 2020 to $3.2 in three months.
  • On November 25, 2021, ENJ recorded its all-time high at $4.85.
  • The 2022 crypto winter saw the loss of previous gains as it fell to lows of $0.25.
  • It recovered to $0.48 in Q1 2023 but fell until October at $0.20 when it started recovering. The year closed with ENJ trading at $0.38.
  • The Enjin blockchain launched in 2023.
  • Enjin Blockchain contains a claims function that allows migration of ERC-20 ENJ to Enjin Blockchain native ENJ at a 1:1 ratio and migration of ERC-20 EFI at a 4 EFI: 1 ENJ ratio.
  • In 2024, it peaked at $0.57 in March, after which it corrected and by November it had dropped to $0.13. 
  • It quickly reversed in December, topping out at $0.37, after which it corrected in 2025 and traded at $0.17 mark at press time.

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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