I've known about ENJ for a while, but never truly looked under the hood. This is to say that I could appreciate the idea of creating NFT (None Fungible Tokens), integrating them to a gaming ecosystem and what have you, but since I've stepped away from video games, the appeal for me personally was not there.
It's obvious now that they've been working behind the curtains and getting a lot done. Then some pictures leaked of the new Samsung phone, one that now has confirmed crypto ready capabilities, but at the time the picture of the presentation showed an icon for the Enjin Wallet. So, what happened?
Nice steady growth!
Of course not, insanity took over and since that time the token, that mind you is a good project, has been on a tear that may just be over-hyped. Now, I hesitate to advice anyone on this blog of mine, but it's very silly in my opinion to chase after this, so I would never suggest anyone doing so. However, as we can clearly see, euphoria is part of the game at this very moment.
What's gonna happen?
I fully suspect the pullback will be aggressive and as it always happens the dumb money will get killed in the crossfire. I will stare at the charts, simply out of curiosity, but will resist messing with it, more so because this is truly just insane.
At any rate, if you got in ENJ a few months back, congratulations, but don't forget: always take profits!