![Enjin Coin’s [ENJ] volume hits YTD peak, this was the driving force](https://i.headtopics.com/images/2023/4/9/cryptoamb/enjin-coin-s-enj-volume-hits-ytd-peak-this-was-the-enjin-coin-s-enj-volume-hits-ytd-peak-this-was-the-1645148324318552069.webp)
ENJ’s trading volume surged as the platform aims to improve NFT trading. The token may not reach a yearly high soon. Enjin Coin [ENJ] has seen a surge in trading volume recently, reaching its highest level in 2023. According to Santiment, the volume reached the Year-To-Date (YTD) high on 8 April, peaking at 459.85 million. […]
meant that the token piqued the interest of investors and invariably drove the crowd’s sentiment toward trading ENJ. The volume, sometimes, also carves out patterns that align with a bearish or bullish outcome.
In ENJ’s case, the rise in the number of transactions on the network enabled ENJ to hit $0.489 — a region it has struggled to reach since 25 February. Although, the price at press time had declined to $0.429 after an 8% decrease in the last 24 hours.But what were the factors that spurred this move? Well, on 4 April, the project announced that developers and gamers in its ecosystem would be able to manage their NFTs easily.
At press time, the development activity was down to 0.048. This implied that the polishing of Enjin was not exactly as operational as expected. Nevertheless, it seemed that the Enjin community took the update in good faith, resulting in a hike in the NFT trade volume.from the on-chain analytic provider, the total NFT volume skyrocketed to 9.65 million. This was almost instantly after Enjin released the information to the public.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
30x memecoin set to surpass DogeCoin and Shibu Inu for growth in 2023If the recent crypto trends are anything to go by, meme coins seem to be on a roll these days. Over the past few weeks, the market has been flooded with new innovative projects that are driving impact by leveraging the benefits of tokenization. There was a time when if you were keen on meme […]
اقرأ أكثر »
Sidney Crosby becomes 15th NHL player to reach 1,500 pointsPittsburgh Penguins superstar captain Sidney Crosby collected two goals and an assist on Saturday afternoon to become the 15th player in NHL history to record…
اقرأ أكثر »
Oilers’ Connor McDavid becomes sixth NHL player to reach 150 points in a seasonMcDavid, who sits at 64 goals and 87 assists through 80 games, assisted on Ryan Nugent-Hopkins’ first-period goal, and then...
اقرأ أكثر »
Canada’s Gushue tops Sweden’s Edin to reach semis at world men’s curling playdownsCanada’s Brad Gushue eliminated Niklas Edin of Sweden with a 9-1 rout in a qualification game
اقرأ أكثر »
Canada knocks off Turkey, but faces tough climb to reach Sunday's men's world curling championship finalThe Brad Gushue\u002Drink broke open a tight game against Turkey by scoring four in the fifth end en route to a 9\u002D5 victory.
اقرأ أكثر »
Canada knocks off Turkey, but faces tough climb to reach Sunday's men's world curling championship finalThe Brad Gushue\u002Drink broke open a tight game against Turkey by scoring four in the fifth end en route to a 9\u002D5 victory.
اقرأ أكثر »