Enjin-s on – A 25% rally, investors’ balances, and whatnot - Aliens: AI Crypto News & Markets Updates
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Enjin-s on – A 25% rally, investors’ balances, and whatnot

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AMB Crypto

Fri, Jun 24, 2022

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Aliens TLDR

Plus, even though the peak of the price action was marked in November, the average balance on every investor’s account was highest in April 2021.

In the case of November’s $24k average, it was due to an increase in the number of ENJ holders.

At the moment, with the average balance having fallen to just $2.5k, it is due to the falling price.

Not a single one of ENJ’s 168k holders has exited the market despite the 88% drawdown in price.

In fact, Enjin holders’ resilience is evidenced by the fact that despite the highest market-wide losses worth $60 million on 14 June, these investors stood their ground.

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