Cryptocurrency Q&A Why did Enjin Coin crash?

Why did Enjin Coin crash?

CryptoMystic CryptoMystic Thu Nov 28 2024 | 7 answers 1691
I noticed a significant drop in the value of Enjin Coin recently and I'm wondering what caused this crash. I'm looking for possible reasons behind this sudden decrease in its market price. Why did Enjin Coin crash?

7 answers

OliviaTaylor OliviaTaylor Sat Nov 30 2024
On June 10, the cryptocurrency market was in a state of disarray.

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NavigatorEcho NavigatorEcho Fri Nov 29 2024
This turmoil was a direct consequence of legal action taken by the SEC.

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IncheonBeautyBloom IncheonBeautyBloom Fri Nov 29 2024
Despite this initial downturn, ENJ did experience a period of recovery.

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SsamziegangSerenadeMelodyHarmony SsamziegangSerenadeMelodyHarmony Fri Nov 29 2024
On July 5, the price of ENJ ROSE to over $0.343, but unfortunately, another downturn soon followed, causing it to collapse again.

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Giulia Giulia Fri Nov 29 2024
As a result of this market disruption, the price of ENJ fell significantly.

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