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Enjin Coin [ENJ] worth $3.2 million moved to Binance exchange

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Enjin Coin [ENJ] worth $3.2 million moved to Binance exchange
Source: Pixabay

Enjin Coin is a cryptocurrency based on a modular blockchain platform and is centered around tokenizing gaming. The recent partnership with Samsung during the launch of Galaxy S10 sent the token’s price soaring up.

The rumors prior to the actual announcement sent the price up by a massive 989% in 31 days. A lot of traders who caught the rally made handsome profits.

@Whale_Alter, a Twitter user, tweeted:

“21,787,373 #ENJ (3,276,176 USD) transferred from Unknown wallet to #Binance.”

The transaction originated from 0x1671a3e4a2519a653e66e827ef6eae690ee86729 and ended up in 0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c. The receiver address currently holds 22.46 million ENJ, worth almost $3.65 million.

The price of Enjin peaked at $0.2587 on March 09, 2019, but has since fallen down to $0.144. The price of ENJ, at press time, was $0.1664.

Source: TradingView

The market cap of ENJ was at $125 million, with about $46 million in 24-hour trading volume. Most of the traffic for the coin was coming from Korean exchange, Bithumb via ENJ/KRW pair. BitHumb provided 61.06% of the total trading volume.

Binance followed BitHumb and contributed approximately 21% of the total trading volume via trade pairs ENJ/BTC, EMJ/ETH, and ENJ/BNB.



According to a press release, Enjin Coin (ENJ), in partnership with SENS Research Foundation [SRF] and Ethereum foundation, will be launching a charity platform for raising funds to prevent age-related diseases. The platform is said to support 20 million gamers.

The CEO of Enjin Coin (ENJ), Maxim Blagov, said:

“The Enjin team is committed to using the tremendous power of blockchain to practically benefit and support struggling communities and important scientific research being done globally. By creating a more exciting, playful and incentive-based system for people to donate, we will encourage an ecosystem for active ongoing contributions with strong potential to go viral globally, instead of one-time donations.”





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Akash is your usual Mechie with an unusual interest in cryptos and day trading, ergo, a full-time journalist at AMBCrypto. Holds XRP due to peer pressure but otherwise found day trading with what little capital that he owns.

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Tron DApp Weekly Report: Gambling apps leads the surge in Tron DApp numbers

Namrata Shukla

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Tron DApp Weekly Report: Tron DApps number led by Gambling apps
Source: Pixabay

Tron, the eleventh largest cryptocurrency on CoinMarketCap, recently collaborated with Bitpie, a partnership that would help startups to bridge the gap in vulnerable financial systems. Tron’s token might be lagging in terms of performance in the market but, Tron DApps continued to surge.

The DApp weekly report released by the Tron Foundation reported an increase of 22 DApps in the Tron ecosystem, taking the total to 392. It noted that gambling DApps mainly contributed to this growth as 17 DApps were gambling-based. Decentralized exchanges followed suit, as 3 new DApps made their way into the Tron DApp ecosystem. The main highlight for the entire Tron community was the partnership with Opera, a mainstream browser.

Tron introduced a DApp ‘Lucky Moon,’ an entertainment-based DApp that pushes users to estimate the current time to run away from the imploding rocket with a specific reward rate. As the rocket takes-off, the reward rate keeps increasing and the player will have to escape at the right time. An extension of this game is ‘Tyrant Annihilation,’ where users need to collect seven types of equipment to kill a tyrant. The DApp might have taken inspiration from The Avengers.



The report made note of the fact that the Tron public chain received support from Aocoin wallet, a decentralized secure digital currency wallet. My Token, a software company that specializes in market information has been integrated into Tronscan and TRX market, leading the way to user traffic in DApps ecosystem.

At press time, Tron was valued at $0.0283 with a market cap of $1.89 billion. The 24-hour trading volume of the coin was noted to be $690.34 as it reported 6.36% growth over the past day. The coin grew by 8.80% over the past seven days, but fell by 0.44% in an hour.





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