October 2021

Stock I'm watching this month:-

ENJ - Enjin Coin

Sector: Crypto  
Market Cap: 1.5 Bil 
Price/Earnings: N/A
Price/Book: N/A
Return On Equity: N/A
Return On Assets: N/A
Debt/Equity: N/A

Reasons to watch: Enjin coin is a gaming metaverse and nft protocol. Enjins CO founder Witek Radomski wrote the code for one of the first NFT's and is also the co-author of the ERC-1155 Ethereum token standard. Some of the block chain games that are developed on Enjin are Age of Rust, Lost Relics, Six Dragons, Azure Heroes, etc. Block chain games and nft's are set to become mainstream and Enjin is well placed to capitalise on this growing ecosystem. 

Risk: Block chain games and nfts sit in a very competitive space. Lots of other chains and developers are very active in this sector. 

Sentiment: Buy
Disclosure: Held
Current Price: $1.84 USD 
My Strike Price: $1.84 USD 

Disclaimer: This does not constitute any financial advice or stock recommendations. As always, Do Your Own Research.

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