Enjin Coin surges 71% after becoming first regulatory approved gaming token in Japan

Cointelegraph

Published Jan 19, 2021 04:00PM ET

Updated Jan 19, 2021 05:40PM ET

On Jan 19, Blockchain-based Enjin Coin (ENJ) became the first gaming cryptocurrency to be legally authorized for trade by the Japanese Virtual Currency Exchange Association, or JVCEA.

This coincided with a sudden 71% increase to the coin’s dollar value which occurred within just 9 hours, and saw the ENJ coin price jump from $0.236340, up to a 3-year high of $0.406356.

ENJ/USD. Source: CoinMarketCap.com

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