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3 reasons Enjin Coin price surged by over 30% in a single day

Published 04/08/2021, 07:54 AM
Updated 04/08/2021, 11:00 AM
3 reasons Enjin Coin price surged by over 30% in a single day

The price of Enjin, the native token of the blockchain gaming and NFT-focused project, has surged by more than 30% in the last 24 hours.

There are three major factors behind ENJ’s strong short-term uptrend, namely the Coinbase listing, technical momentum and the interest around JumpNet.

ENJ price chart since December 2020. Source: TradingView.com
VORTECS™ score (green) vs. ENJ price (white). Source: Cointelegraph Markets Pro
ENJ/BTC price chart (Binance). Source: TradingView.com, Rekt Capital

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