However, ENJ defeated the trend as it registered a 14.43% uptick in the last 24 hours. This led to a 62.74% performance of the gaming token in the last 30 days. But what was responsible for this unprecedented doggedness?The reasons for this continual bullishness were not out of reach. First, Santiment’s datathe volume available on the Enjin network was tremendous. At the time of writing, the volume increase was over 800% from 18 January as it peaked at $355.85 million.
The volume showed the number of transactions that have passed through a network in a given timeframe. So, the skyrocketing ENJ volume implied that there was a towering exchange between buyers and sellers of thePrior to the volume surge, the Enjin team had announced its first set of developments for the year. According to its 17 January tweet, the community could access the Enjin 2.0 wallet on android and iOS devices. Additionally, it received gottem beam support for NFT.