💟 Market Health (October-27) The market just had a crash and this is an opportunity for us to continue accumulating Altcoins. Money has been withdrawn from Topcoins and will likely be pushed into mid-cap and low-cap Altcoins. However, it is highly likely that buying will come back strongly and close today's 1Day candle in the green color and the market will be very bullish. But be aware that the market during this period will have strong ups and downs so limit the use of leverage as much as possible because your position will be easily liquidated. ETH also filled the gap at 4000$
💟 Market Health (October-27) Money is being withdrawn from coins that have pumped strongly in the past days and is being redirected to the next coins with lower capitalization, so in the next few days there will be many quick pumps with high profit rates. so please check the market regularly to be able to sell at high price areas. This phase will need about 1-2 weeks before the money flows back to the top coins
💟 Market Health (October-26) The market is recovering very strongly with a lot of coins rising above the ATH (All time high) price zone. Currently, BTC still holds the $60000 zone and that is what has helped the market to confidently grow. Let's continue to accumulate and wait for the pump's turn
💟 Market Health (October-25) BTC is still holding the $60000 zone and this is a good sign for Altcoins. However, because the number of Altcoins is too much, the cash flow will be circulated between them, so actively accumulate Altcoins and wait for their turn to pump. At this time, we must always prepare a reserve in case something bad happens and will buy at a lower price if possible.
💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
Enjin Coin (ENJ) is an Ethereum-based cryptocurrency that is used to directly back the value of next-generation blockchain assets. It aims to become "the gold standard for digital assets".
Enjin created the open-source ERC-1155 token standard: it enables game editors to convert various types of assets, such as currency, real estate, digital art, and gaming items into tokens that are usable in blockchain applications.
Enjin has built a complete ecosystem for on-chain applications, which integrates with its open-source token standard and features a unique blockchain explorer (EnjinX). Enjin focuses on adoption for non-blockchain participants with various solutions for professionals.
Non-fungible assets (ERC-1155 tokens) can be backed with Enjin Coin. Some of the use-cases range from the certification of ownership, the compatibility with the Enjin ecosystem, their real-world value (as ENJ tokens are traded on exchanges), and tangibility features (they can be destroyed to redeem the ENJ tokens). Owing to the backing of many NFT by ENJ tokens, its adoption leads to reductions in the effective supply of Enjin Coin.
Several of its most prominent tokens include the Binance Collectibles issued in December 2019.