SAND vs ENG compare

SAND vs ENJ Comparison

SAND and ENJ are two of the most popular cryptocurrencies in the market today. Both promise fast, secure, and anonymous transactions. But which one is better? In this article, we will compare both coins and see which one comes out on top.

SAND Overview

Founded in 2011, The Sandbox emerged as one of the first games to use blockchain technology. The game rose to fame following its swift application of decentralized autonomous organizations (DAO) and non-fungible tokens (NFT) in the metaverse.

Created in early 2018 as the currency of The Sandbox, SAND bills itself as the "crypto for online gamers."

The current market capitalization of SAND is more than $2 billion, with the circulating supply exceeding 900 million SAND tokens. SAND has a max supply of $3 billion coins. 

The central idea behind SAND is to help developers create gaming-related applications. 

Its usage extends to the metaverse, where users can create and share digital assets. 

ENJ Overview

ENJ is a token that aims to power the NFT gaming industry. It provides developers with a way to create in-game items and economies backed by the ENJ token.

ENJ has been around since 2017, which makes it a relatively older cryptocurrency on the market. As of now, ENJ has a market cap of over $1 billion and a circulating supply north of 800 million ENJ. 

With the max supply of one billion tokens, there is still plenty of room for ENJ to grow.

Sandbox Coin vs Enjin Coin: Which Is Preferable?

So, who's the winner of the Sandbox vs Enjin Coin showdown?

At the outset, SAND is faster, more secure, and more anonymous than ENJ. The market capitalization of SAND is more than twice that of ENJ. 

SAND also trades on more exchanges than ENJ, making it more liquid. Plus, Sandbox's affinity for the metaverse could speed up the adoption of SAND.

But, ENJ has some advantages:

• The Enjin team: a team of experienced developers who are well-versed in the gaming industry.
• The Enjin apps: These include the Enjin Smart Wallet, EnjinX blockchain explorer, and Blockchain SDK.

SAND is limited to The Sandbox platform, whereas ENJ can integrate into any crypto game.

The max supply of ENJ is one-third of SAND's. This could lead to ENJ being more scarce as demand grows and increase its value. 

A Quick Review of SAND and ENJ Live Price

SAND and ENJ are fairly new coins, so their price history is still developing. 2021 was a good year for both currencies.

SAND's value started growing in October, reaching an all-time high (ATH) of $8.44 in November. Since then, the coin has displayed some volatility in the $3-5 range. 

ENJ's price began to increase in January 2021 and had a couple of peaks at around $2-3. The ATH happened in November as well, when the coin’s value reached $4.85. However, the coin could not keep up the growing tendency for long and soon started dropping in price, settling at around $2.

So far, in the SAND vs ENJ comparison, SAND seems to be more valuable. Yet, this could change in the future as both coins continue to develop.

SAND vs ENJ: Sum Up

In the Sandbox vs Enjin Coin debate, both SAND and ENJ win and lose some.

Ultimately, it depends on what you're looking for in a cryptocurrency. 

Whether you choose SAND or ENJ is up to you. We have compiled a helpful list of considerations to assist you:

• If you're looking for a more versatile coin that you can use in any game, ENJ is the way to go.
• If you value speed, security, and anonymity, SAND is your best bet.
• If you compare based on team capabilities, ENJ is the better option.