Could Enjin coin reach a $100m Market Cap??

[drachman]

For the coin that recently appeared on the coinmarketcap, it has excellent turnover of more than $ 2 million. This shows interest in the project. I think for her there is a chance in the next six months with such interest to rise to 100 million on capitolization

How could you justify a $100m market cap with the information that we are given?

He can’t, he is just wishing that to happen, even before the ico ended I read some articles that did not gave a good review to the project and it seems they were right, the idea is not bad but I do not think those that invested in the coins are going to make any money with their investment.

[1714060044]

1714060044

[disconnectme]

If the team will develop what they plan to and have a good market strategy $100 million marketcap is very possible when you compare it to some projects in the space

[TimtheYoutuber]

How could you justify a $100m market cap with the information that we are given?

He can’t, he is just wishing that to happen, even before the ico ended I read some articles that did not gave a good review to the project and it seems they were right, the idea is not bad but I do not think those that invested in the coins are going to make any money with their investment.
[/quote]

You are right, the idea is not bad however they did no research, they didnt talk to Unity3d developers. They hate the idea, and the only way this can succeed is if they host the coin on their platforms which they wont.

If the team will develop what they plan to and have a good market strategy $100 million marketcap is very possible when you compare it to some projects in the space

However for someone to invest without actually knowing what the "plan" is, very silly. I dont even think they have yellow papers for developers yet ( correct me if I am wrong ) which makes this a pathetic project. I tried to warn people that developers were not interested in this, and I doubt a majority of the Enjin Community will want to implement this.

[TimtheYoutuber]

Does anyone else have some opinions on Enjin?

[kimmanuel]

Without calling into question the project, it seems to me a very high value

[cool kong]

It's just not possible, enj, I think it's a swindler coin, ico ends up on the launch exchange, and then it's cheating investors on the price below the coin price. I don't recommend continuing to buy enj.

[zabisux]

I was following enjin from start, never cared to invest in.
I think it shows nice patterns to buy and sell. Just looking at coinmarketcap. You would keep profiting by pump dumps.

[TimtheYoutuber]

I was following enjin from start, never cared to invest in.
I think it shows nice patterns to buy and sell. Just looking at coinmarketcap. You would keep profiting by pump dumps.

The coin is so artificial and irrational, so I wouldn't personally try and predict the graph. Even in the event that it looks predictable. When you factor in the risk management, it just doesnt make much sense.

[Nonakryse]

Enjin has a lot of potential in my opinion. What the platform wants to build basically is a ecosystem for their thousands of games. The good things about Enjin is that they already have experience in that field and are not new to this like many other projects. They already have the games, they just want to implement the blockchain in order to make their games more efficient and profitable. You will be able for example to exchange all sort of skins and weapons between games simply by purchasing some enjin coin and selling it later for that skin. It's quite a good market to be in because we have to consider that blockchain is being used mainly by tech savvy people and usually they are young. Gamers are the best demographic in my opinion for blockchain implementations.

[markybee0]

Does anyone else have some opinions on Enjin?

Enjin could easily be worth $100 million.Nearly every company on the stock market is overvalued.Even companies losing money every year have stupid market caps.Within 1 year there will be billions of dollars flooding into the crypto scene which means dumb investors with cash to invest.There won't be many companies that will be worth less than $100 million.

As long as Enjin do what they say they are going to do i will be looking at a half a billion dollar market cap.

[cdtc]

No. Every "gaming" related token is scam, or just bad. Avoid gaming related ICO's at ALL COSTS.

[TimtheYoutuber]

No. Every "gaming" related token is scam, or just bad. Avoid gaming related ICO's at ALL COSTS.

I dont know if I would say that, however it certainly doesnt look very appetizing. Little increase today though. Who has a different point of view? I would like to debate this coin.

[TimtheYoutuber]

https://coinmarketcap.com/currencies/enjin-coin/

We are seeing a 95% growth in ENJ today. We are just above the ICO price right now I believe. Which means if you bought it after the ICO when the price was hovering $.01 you could have made around 500%. Hopefully some people took my advice.

[TimtheYoutuber]

$.04 right now so it is closing in on the pre sale price. Hopefully it will get to $.05 again and not burn people who invested in the ICO. Who here is holding?

[bitcointarget]

$.04 right now so it is closing in on the pre sale price. Hopefully it will get to $.05 again and not burn people who invested in the ICO. Who here is holding?

I'm holding, but this is not because I'm a fan of enjin, this is only because I don't like selling tokens with loss. I'll hold until I get rid of this loss, once I get break even point, I'll sell it directly.

[TimtheYoutuber]

$.04 right now so it is closing in on the pre sale price. Hopefully it will get to $.05 again and not burn people who invested in the ICO. Who here is holding?

I'm holding, but this is not because I'm a fan of enjin, this is only because I don't like selling tokens with loss. I'll hold until I get rid of this loss, once I get break even point, I'll sell it directly.

That is a good idea, especially if you use good risk management with your portfolio. I typically invest enough to where I wont be upset with a loss, and then that forces me to really never sell at a loss. However some times when I reevaluate it is hard to get away from a hold.

[Pickle-Rick]

Lost interest when I saw what pre ico prices were compared to ico. Glad I did.

[Bessta]

It is possible that it will reach that cap but it will take a long time. And it also depends on the team development

[PalindromemordnilaP]

 Enjin Coin (ENJ) will probably hit 100$M mark for its market capitalization if it can continue to attract investors to pour in their money on this digital currency but the graph shows constant up and down of its market price which means it can reach the target market cap in a long term basis.

[markybee0]

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