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Enjin Coin (ENJ) Rushes up Whopping 70% on Partnership with Samsung

  • Yuri Molchan
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    📱👛⚙️The gaming crypto Enjin Coin spikes 70 percent after electronics giant Samsung has confirmed adding ENJ to its new S10 crypto smartphone


Enjin Coin (ENJ) Rushes up Whopping 70% on Partnership with Samsung
Contents

On Friday, March 8, South Korean media platforms spread the word that technological giant Samsung has confirmed its cooperation with the Enjin platform, the emitter of the Enjin Coin (ENJ).

ENJ is now supported by Samsung’s new ‘blockchain smartphone’ S10, along with Ethereum and reportedly ERC20 tokens based on it.

ENJ soars on the news

Once the news appeared, investors rushed to buy, so by now ENJ has appreciated nearly 70 percent.

Currently, the coin holds position #43 on Coinmarketcap and is trading at $0.1651.

Enjin has also confirmed that now its digital asset has been added by Samsung’s flagship phone, the S10.

ENJ soars on the news

Samsung’s Blockchain Keystore

The tech giant made a presentation of its new S10 phone in Spain at the end of February. The phone is equipped with a new feature dubbed Blockchain Keystore. It allows keeping private keys on users’ crypto wallets. This got the attention of numerous crypto users.

At the show, Samsung also presented a picture with the logo of Enjin – a gaming platform with its own crypto coin. Since then, many have been wondering if Samsung will actually add ENJ to the Blockchain Keystore section of the new phone.

ENJ is a crypto coin for in-game goods and items. It is tradeable, and one can swap it while playing between various gaming platforms. The token is based on the ERC-1155 ETH standard.

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Rival phones

Earlier, U.Today reported that the HTC electronics giant also released a smartphone for working with crypto coins – Exodus. First it was available only for crypto, but now it is already being sold for fiat currencies.

Exodus allows storing crypto assets and transferring them to other users.

Swiss company Sirin Labs has also released a smartphone for storing and trading cryptocurrencies – Finney. The company has its own digital coin, SRN, and its own SIRIN OS for crypto wallets and dApps.

Cover image via cryptocomes.com
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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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