Enjin (ENJ) Tokenomics
Enjin (ENJ) Information
Enjin Blockchain is Layer 1 custom built with NFT functions at the protocol level, supported by no code integration into games. NFT functions such as NFT minting and transfers are not added smart contracts; these are part of the core code. This guarantees on-chain royalties, avoids scams from fake smart contracts, and brings many other advantages. Features such as managed wallets (allowing users to receive NFTs before they open wallets) and fuel tanks (allowing free transactions) make onboarding new users easy and promote mass adoption. Enjin Blockchain arose from the world's oldest NFT gaming ecosystem from 2018, supported by a seamless app layer--Enjin Wallet, NFT.io marketplace, Enjin Platform (API NFT integration into games), and the Beam NFT QR code distribution system. Enjin Blockchain is powered by Enjin Coin (ENJ) and built on Substrate (Polkadot code). The underlying Enjin Relaychain and its validators secure the network, while matrixchains on top of this process transactions, allowing scalability. Enjin Matrixchain is the flagship matrixchain on Enjin Blockchain. It will be the template for future matrixchains, which are envisioned to be easy-to-launch NFT-focused chains for enterprise users who aim to segregate data and create a self-contained economy centered around their own matrixchain.
Enjin (ENJ) Tokenomics & Price Analysis
Explore key tokenomics and price data for Enjin (ENJ), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Enjin (ENJ) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Enjin (ENJ) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of ENJ tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many ENJ tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand ENJ's tokenomics, explore ENJ token's live price!
How to Buy ENJ
Interested in adding Enjin (ENJ) to your portfolio? MEXC supports various methods to buy ENJ, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
Enjin (ENJ) Price History
Analyzing the price history of ENJ helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
ENJ Price Prediction
Want to know where ENJ might be heading? Our ENJ price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
Buy Enjin (ENJ)
Amount
1 ENJ = 0.06876 USD