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Enjin Coin (ENJ) is a digital currency created by the Enjin Network, a gaming-focused community platform. The Enjin Network offers a suite of tools for developers, gamers, and content creators to build, manage, and monetize their gaming experiences. The Enjin Coin is the core digital asset of the Enjin Network, and it can be used to purchase in-game items, or to pay for services such as hosting or subscriptions. The Enjin Coin is built on the Ethereum blockchain and is backed by the Enjin Network’s native cryptocurrency, the Enjin Coin. The Enjin Network also allows users to create their own custom tokens, which can be used to reward players, create loyalty programs, or to facilitate crowdfunding campaigns. The Enjin Network is constantly expanding its capabilities, and the Enjin Coin is currently used in a variety of gaming-related projects. Developers can use the Enjin Coin to create and distribute digital assets, such as in-game items, which can be bought, sold, and traded on the Enjin Network. The Enjin Coin can also be used to purchase virtual goods and services, such as hosting and subscriptions. The Enjin Network has also launched its own marketplace, where users can buy
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Cosmos, IoTeX, and Enjin were among the tokens hit hardest by the Black Friday crypto crash, with some briefly showing near-zero prices. Yet each has shown unique technical signs of recovery, suggesting the sell-off may have been more panic-driven...
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