The Enjin (ENJ) coin has potential to perform well in the upcoming bull market, but reaching or surpassing its all-time high of around $4 in 2021 may be challenging. Enjin’s growth largely depends on increased adoption in gaming and NFTs, especially through its platform Efinity, which aims to facilitate cross-chain NFT transactions and enhance scalability for mainstream gaming use.
For 2024, analysts forecast that ENJ could reach between $0.6 and $0.85, potentially even $1 if market conditions remain highly favorable. By 2025, if momentum continues, some projections suggest it may climb to between $1.31 and $1.57, although other scenarios see it remaining below its previous highs, hovering around $0.74 due to moderate market volatility.
The long-term potential through 2030 could see higher peaks, potentially over $4 if blockchain gaming and NFT adoption grow significantly. However, reaching new highs in this cycle will depend on Enjin's ability to expand its ecosystem and adapt to market trends in NFTs and gaming.
