MANA and ENJ Post Sharp Double-Digit Gains as Gaming Tokens Rally

1 hour ago 1 sources positive

Key takeaways:

  • MANA and ENJ's catalyst-free rallies signal speculative rotation into gaming tokens amid greed-driven sentiment.
  • ENJ's steeper 20% spike versus MANA suggests higher-beta momentum prone to sharp reversals.
  • Traders should watch MANA's $0.10 resistance and ENJ's $0.032 support to gauge speculative exhaustion.

Gaming and metaverse tokens Decentraland (MANA) and Enjin Coin (ENJ) posted sharp intraday rallies on October 2, 2026, standing out against a mixed broader crypto market. MANA climbed 10.07% in just 60 minutes to $0.0984, while ENJ surged 20.63% in 15 minutes to $0.03976, according to market data.

For MANA, the hourly move came after price rose from $0.0894 to $0.0984. Over 24 hours, MANA gained 10.56%, with a low of $0.0874 and a high of $0.0984. Trading volume reached $2,709,518.9. Traders are watching the $0.10 resistance level, with support near $0.0874. No confirmed catalyst was identified, with observers pointing to shifting investor sentiment and macroeconomic conditions such as interest rates and dollar strength.

ENJ moved even more aggressively. After starting the period at $0.03296, the token jumped to $0.03976, marking a 27.07% gain over one hour and 36.68% over 24 hours. Its 24-hour range extended from a low of $0.02877 to a high of $0.03993, and volume was about $7.75 million. Traders see resistance near $0.03993 and support around $0.032.

The moves coincided with improving risk appetite in parts of the crypto market. The Fear & Greed Index has been trending toward greed, which may be encouraging traders to take on riskier altcoin positions. Still, the broader market remains mixed, and the sharp rallies in MANA and ENJ appear driven largely by speculative trading activity and momentum rather than confirmed fundamental news.

Sources
Decentraland Price Surges 10.07% in Just 60 Minutes
coinfomania.com 02.10.2026 07:47
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