Since mid-February, there is a crypto currency that still has good earnings. Enjin Coin has made good gains against USD, BTC and ETH recently. However, since February 17, Enjin Coin has increased slowly starting at $ 0.03, reaching a value of $ 0.19, earning 630% in less than a month.
What was the cause of the Enjin Coin pump?
Enjin, the i largest online gaming community platform, lulu is a crypto currency used by Enjin for virtual products. With over 250,000 gaming communities and 18.7 million registered players, Enjin is moving towards the goal of becoming the most useful crypto money for the gaming industry.
The most striking reason for this price increase was its partnership with Samsung Electronics. South Korean media reported the partnership between Singapore-based ENJ and the company behind the Samsung S10. Although Enjin's vice president of marketing confirmed the partnership with Samsung, he did not disclose any other information.
– Enjin (@enjin) March 8, 2019
In late February, Samsung launched the S10 smartphone with Blockchain Keystore, which will host the private keys of its crypto assets. This development is predicted to reach 45 million users in 2019, which is crucial for the crypto community. Enjin's participation in this project has now supported the ENJ price.
It 's the: The Blockchain SDK is coming to the Unity @assetstor to on March 14!
– Enjin (@enjin) March 5, 2019
Josh Rager, a crypto analyst and investor, sees this rise as an exaggerated outcome. Josh Rager says the following:
People hate to mention Samsung partnership as the catalyst of this ENJ pump and write it as an anomaly. I know that teams are blocking updates waiting for a better market. It's time to capture quality projects near the ground before the map looks like this.
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