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RVN currently comprises the 23rd top gaining asset of the past week following a dramatic rally to test resistance at the prior all-time high (ATH). In other market action, a dramatic influx of volume has propelled COSM and ENJ to top of the gainers list. Meanwhile, the week’s top losers appear to predominantly comprise illiquid […]
The post Up and Down: RVN Plateaus, ENJ and COSM Surge appeared first on Bitcoin News.
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It is evident there is a lot of pressure on all cryptocurrency markets as of right now. With the vast majority of offerings in the deep red, it quickly becomes evident things will not get very exciting in the near future. Despite the overwhelming pressure, there are some currencies noting strong gains. The Enjin Coin price, for example, is going rather strong during these troublesome times. Enjin Coin Price Becomes Even More Bullish For people who have been around in the cryptocurrency industry for some time, random pumps of altcoins are nothing new under the sun whatsoever. These trends tend
The post Enjin Coin Price Turns Bullish for Some Reason appeared first on The Merkle Hash.
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While there is weight to the argument that the success of one cryptocurrency promotes the success of all cryptocurrencies, there are certainly a number of coins whose communities and even development teams have adopted a position of spite and rivalry toward competing projects. Here are five of the best rivalries throughout cryptocurrency. 5. Binance Coin vs KuCoin Shares While Binance emerged as the premier altcoin exchange in 2017, high withdrawal fees, dust issues, and registration closeouts led many traders to seek something better than even Binance. From this search, KuCoin emerged late last year. Binance Coin (BNB) and KuCoin SharesPowered by WPeMatico
There have already been a number of major announcements made by gaming cryptocurrencies in what is shaping up to be a pivotal year for game coins as a whole. This trend has accelerated recently, as EnjinCoin (ENJ) has made a major announcement regarding its future developments. On January 28, EnjinCoin announced its upcoming game channels technology branded as “Efinity”. Efinity represents a gamified lightning network-esque network with speeds and costs capable of handling millions of micro-transactions of items and tokens between players and game servers. Through these game channels, players and developers will be able to communicate, escrow, and transact complex in-game items and sets ofPowered by WPeMatico
A major point of criticism since the inception of cryptocurrency has involved the community surrounding and promoting the technology. From the original anarcho-capitalists of Bitcoin, to the elitist fan groups of individual altcoins, crypto enthusiasts have, in the eyes of many, contributed to an uninviting environment for the potential new recruit. Perhaps the most prominent shortcoming of the general cryptocurrency population is the tribalistic nature surrounding certain altcoins. A number of coins embody an environment unwelcoming of, and even hostile towards, other coins and communities. While these sentiments are promoted by supporters of the coin, they are often perpetuated and rewarded by the often ill-intentioned developer team,Powered by WPeMatico
Since December, video game-related currencies across the board have exploded in price and volume. Video games represent an industry prime for blockchain integration, and initial penetration is poised to take place as early as this year. Gaming cryptocurrencies are growing on an industry-wide scale to new all-time highs every day. EnjinCoin (ENJ) has grown from under US$0.03 to over US$0.30. GameCredits (GAME) and its sister coin, MobileGO (MGO) have both more than tripled during this time frame, with GameCredits setting a new all-time high above US$6.00. Unikoin Gold (UKG) appreciated from under US$0.20 to an all-time high above US$2.00. Although of questionablePowered by WPeMatico
In recent weeks, many coins have seen absolute explosions in value. The top 10 and top 50 market caps have been penetrated by a number of new contenders, some ascending from well below the top 100. With many developments poised to release this month or this quarter, investors are wildly bullish on an array of cryptocurrencies. Among these projects is EnjinCoin (ENJ), whose mobile wallet is slated to release as soon as tomorrow. The wallet is rumored to boast the greatest security of any Ethereum mobile wallet. The ENJ mobile wallet will also feature native support for all 600+ ERC20Powered by WPeMatico