Exchange listings and NFT boom back Enjin’s (ENJ) 52% rally to a new high

Cointelegraph

Published Feb 25, 2021 04:00PM ET

Updated Feb 25, 2021 05:40PM ET

Non-fungible tokens (NFT) are rapidly becoming a focal point of the cryptocurrency market as evidenced by stories of millions of dollars being raised in minutes for one-of-a-kind tokenized art pieces and rare collectibles that traders rush to get their hands on.

One project that has been benefiting greatly from the resurgence of NFTs is Enjin Coin (ENJ), which broke out to a new all-time high of $0.67 on Feb. 25 following its listing on the Crypto.com exchange as well as the launch of spot and perpetual futures trading on FTX.

ENJ/USDT 4-hour chart. Source: TradingView
VORTECS™ Score (green) vs. ENJ price. Source: Cointelegraph Markets Pro

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