Enigma (ENG)

Market Cap

$90,019,682 USD

Volume (24h)

$2,827,810 USD

4.1
SAFETY

ranking factors

  • Markets

    How many exchanges are there to trade this coin?

    Enigma Markets Rank: 8/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Enigma Volume Ratio Rank: 3/100

  • Market Cap

    The total cost of all coins available.

    Enigma Market Cap Rank: 95/100

  • 24h Change

    Is the price moving up or down?

    Enigma 24h Change Rank: 51/100

  • Social Following

    How many users are following this coin?

    Enigma Social Following Rank: 88/100

  • Google Trends

    How many users are searching for the coin?

    Enigma Google Trends Rank: 10/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Enigma Twitter Citation Rank: 54/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Enigma User Voting Rank: 94/100

Enigma investment analysis

ENG is a project aiming to bring a solution to blockchain's limitations. It does so by using second layer protocols, an approach taken by other startups as the fundamentally better solution, except Enigma strongly believes they have hit the nail in the head with their proposed implementation, targeting both privacy and scalability. Their proposal? Three blockchain agnostic layers involving off chain data handling to help with scalability a layer for decentralized applications and a third one involving secret smart contracts.

The promise is big and the implications are profound for whichever company finally takes Blockchain technology to the next level. ENG allows for such incredible feats as computation applied to encrypted data. Making it happen would probably see your potential Enigma investment soar up in value to the extent of placing it well within the top tier of the Cryptoverse.

But is it the real deal? Can it overcome the fierce competition it faces? Let's dig deeper.

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current price
$1.2
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+291.1%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$4.7
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

95/892
by Safety
516/892
by Profit
historical data

How to buy Enigma?

Some of the most liquid exchanges allow you to buy Enigma. The total number of platforms is not big, but they are more than enough to delve into the currency with relative ease. It has trading pairs with BTC, ETH, USDT, TRY or KRW, so investors are not out of options in this regard.

Investors may store their ENG tokens via mobile wallets (options for both Android and IOS are available) web wallet (MyEtherWallet being an obvious option since we are talking an Ethereum powered token) as well as hardware options via your Ether address (a process easily found on different websites).

As of the time of writing, the range of storage options isn't as big as some other coins and tokens. However, it is expected to grow over time.