Enjin Coin (ENJ) Price Surges 18% Amid Key Developments

• The cryptocurrency asset reached $0.4958, its highest level since February 25. 
• Enjin Coin’s trade volume has increased by approximately 1043%.

The native cryptocurrency of blockchain-based gaming firm Enjin, known as ENJ, had a price increase on April 7. Intraday, the cryptocurrency asset reached $0.4958, its highest level since February 25. While the low for the day is $0.4145.

Moreover, as of this writing, Enjin Coin’s trade volume has increased by approximately 1043%. The total number of coins exchanged within a certain time period may be indicative of the level of interest in purchasing or selling an asset. With the unexpected increase in volatility, investors likely moved quickly to take advantage of the situation.

As of this writing, ENJ was trading at $0.4926, an 18% increase from the previous day as per CMC. This is noteworthy since the majority of cryptocurrencies have either lost value or gained very little during the last day on the market. So far this year, Enjin is up 96.71%.

Key Developments by Team

On April 1st, Enjin’s official Twitter account teased that the company was “getting closer” to some really exciting things coming ahead. A preview of the new Enjin platform is provided, which simplifies the procedure for creating collections, tokens, and beams.

The new UI system will also allow game designers to approve, freeze, modify, and delete components. The nft.io marketplace is also an exciting part of this project. The team behind it is now displaying its capabilities and soliciting input from the public.

Further integration with Efinity and support for all the standard features of NFT-focused marketplaces may be expected from this space. The development team also announced changes to the Enjin wallet app in March.