Enigma Market Value Reaches $19.26 Million (ENG)

Enigma (ENG) is a crypto platform which is trying to solve the issue of privacy on the blockchain by giving access to data storage and privacy. Enigma (ENG) desire to extend Ethereum smart contracts by introducing secret contracts. The execution of contract doesn’t occur on Ethereum blockchain, but will categorize data into pieces, encrypts those pieces and share them among Enigma nodes. What it does is it creates a solution for people to store critical data on a blockchain, while having secondary data stored off the chain in a way that can be safely related to the on-chain data. With the secret contracts, we can prevent unrelated parties from seeing any of the data involved. It is launched on July 28th, 2017. It has a total supply of 150,000,000 tokens, and its circulating supply is 74,836,171 tokens. The main aim of Enigma is to build a privacy layer for the decentralized web.

Enigma traded 1.9% lower against the US dollar during the one day ending at 18:00 PM ET on February 5th. Last week, Enigma trade was 1.7% lower when compared to the US dollar. The total market Capitalization of Enigma is $19.26 million and $235,101.00 worth of Enigma was traded on exchanges in the past 24 hours. One Enigma token can now be obtained for $0.26 or 0.00007470 BTC on popular cryptocurrency exchanges including Bittrex, GOPAX, Hotbit, and ABCC.

Now we can see how the related cryptocurrencies performed in the past 24 hours:

Dash (DASH) has traded 1.4% higher against the dollar and currently trades at $67.93 or 0.01970586 BTC.

CPChain (CPC) has traded 0.6% lower against the dollar and now trades at $0.0138 or 0.00000399 BTC.

I/O Coin (IOC) has traded down 2.2% against the dollar and now trades at $0.12 or 0.00003550 BTC.

Happycoin (HPC) has traded down 34.6% against the dollar and now trades at $0.11 or 0.00003104 BTC.

Invacio (INV) has traded 36.1% higher against the dollar and now trades at $0.0477 or 0.00001385 BTC.

Xriba (XRA) has traded 6.7% higher against the dollar and now trades at $0.0201 or 0.00000582 BTC.

EuropeCoin (ERC) has traded flat against the dollar and now trades at $0.11 or 0.00001755 BTC.

BitSend (BSD) has traded 3% higher against the dollar and now trades at $0.0453 or 0.00001313 BTC.

HitCoin (HTC) has traded flat against the dollar and now trades at $0.0001 or 0.00000001 BTC.

B3Coin (KB3) has traded 3.7% lower against the dollar and now trades at $0.0009 or 0.00000027 BTC.

Among the total 2059 available cryptocurrencies listed in Coinmarketcap Enigma is in 135th rank. Enigma can be obtained on the following cryptocurrency exchanges: Binance, Hotbit, Upbit, Mercatox, AirSwap, Kyber Network, HitBTC, OKEx, Tidex, GOPAX, Huobi, Liqui, Bittrex, and ABCC. It is difficult to purchase alternative cryptocurrencies like Enigma directly using U.S. dollars. Investors wishing to trade Enigma should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coin base. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Enigma using one of the mentioned exchanges.

Enigma is offering a real solution to issues that many blockchain systems face nowadays. But people accepting the Enigma approach of second-layer solutions to data storage can differ.