Enjin Coin (ENJ) is a Web3 gaming and NFT ecosystem token used for minting and backing in‑game assets, recently trading weak around $0.027–$0.028 (৳3.3 BDT).
The price has dropped sharply from its all‑time high near ~$4.8, pressured by a prolonged downturn in the GameFi sector and weak market sentiment.
Recent technicals show ENJ below key moving averages with bearish momentum, though short‑term RSI signals occasional oversold relief.
Some investors are withdrawing tokens off exchanges, which may reduce supply and hint at accumulation, but broad selling pressure persists.
Outlook remains cautious: support near recent lows is key, and sustained sector recovery or gaming adoption catalysts would be needed for durable gains.
ENJ
0.02399
+1.30%