Enigma ENG Token Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Enigma is a relatively large cryptocurrency. At the beginning of October 2020, it had a market capitalization of over US$ 45 million, accounting for about 0.013 percent of the digital currency market.¹^|2 ENG is its ticker symbol.

In November 2017, coinmarketcap.com launched the logging of real-time Enigma trading data.

enigma.co

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, Enigma had an average trading volume of over US$ 1.4 m per day for the first trimester of 2019. Over the same time frame in 2018, this figure came to over US$ 12.9 m. The corresponding downward retracement of trading volume equated to 89.1 percent.

The average market capitalization during the first trimester of 2019 was over US$ 26.1 m. In the same time frame of 2018, this figure came to nearly US$ 243 m. The corresponding drop down in market capitalization was 89.2 percent.

Trading Price

The average trading price in the first trimester of 2019 equated to nearly US$ 0.37. In the same period of 2018, this figure came to just under US$ 3.58. The price dropped accordingly by 89.8 percent.

The all-time high of Enigma in 2018

Enigma ENG Price analysis generated by coindashboards.com — Price analysis for the most important moments in Enigma’s trading history (ENG)

The Enigma currency climbed to a high in January 2018 at US$ 8.30. The equivalent market capitalization of the token reached nearly US$ 595 million. This put Enigma in the ballpark of certain other digital currencies, such as Decred, Voyager Token, SALT, Kyber Network and FunFair, among others.

Enigmas all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 251 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 887 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 106 billion.

Enigma (ENG): 0.595 bn US dollars
Bitcoin (BTC): 251 bn US dollars
Apple (AAPL): 887 bn US dollars
VW (VWAGY): 106 bn US dollars
Date: 10 January 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Enigma stood at nearly US$ 0.35 with a market capitalization of over US$ 25.2 million. Compared with the peak trading price described above, this represents a drop down to approximately 4.2 percent.

Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.

More Details

The Enigma-Token is not a native digital currency and is not created via mining. It has no maximum number of tokens, unlike Huobi Token, for example. Those interested in the source code should also take a look at the GitHub page.

Block height and other recently updated metrics around current Enigma transactions can be traced through this block explorer.

To find out more about Enigma, download the white paper or find more links to community forums, source code and social media channels, visit enigma.co.

Markets

Enigma ENG Market analysis generated by coindashboards.com — Markets on which Enigma (ENG) can be traded

USD

One trading platform for buying or selling Enigma in USD is CoinEx.

BTC

A large market for buying or selling Enigma in BTC is Binance. There are additional platforms where you can buy or sell Enigma, including VCC Exchange, Hotbit and Mercatox, among others.

Social Links

Visit the following social media channels to speak directly to the Enigma team:

^{1. Or 0.0307 percent, if omitting Bitcoin.}

^{2. Read about our sources}