Price Analysis

Zilliqa (ZIL) Price Analysis: With Or Without Facebook, Zilliqa Has Got The Wonder Broom To Fly High Soon

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It’s often said that success comes to those who put their heart & soul to the cause and Zilliqa is a live example of this old saying. Zilliqa (ZIL) was founded in 2017 as an enabler of Sharding on cryptocurrency networks to fasten up the process, and the platform gained popularity from the very day of mass introduction. Many cryptocurrencies including Bitcoin suffer from the lower transaction speed problem, and issues of heavy congestion and Zilliqa with its high throughput solves just that ensuring hassle free & secure completion of the process. This high performing platform has been a catalyst for many systems and smart contracts and is continuing its march towards solving real-world challenges.

Current Statistics

Zilliqa Price Chart (30.03.2019 - 27.04.2019)The ROI of the coin is at -87.26%. The circulating is noted at 8,687,360,058 ZIL as against the total supply of 12,533,042,435 ZIL as on April 27, 2019 at 12:24:04 UTC. The market cap is 150,653,383 USD and 24 h volume is 9,059,426 USD. The price is trading at $0.017 & 0.00000330 BTC. According to the CoinMarketCap, Zilliqa (ZIL) is ranked at 44th position in top 100 cryptocurrencies. ZIL is expected to climb up the coin ladder soon and make it to the top 40 list.

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Comparison

In the past 30 days, the highest price of ZIL was 0.026 USD, and the lowest was 0.016 USD. In the last 7 days, the highest was 0.022 USD, and the lowest was 0.016 USD. The downtrend of over -10% have been recorded since the past one month. As on March 30, 2019 at 05:34:03 UTC, the price was 0.019 USD & 0.00000467 BTC. The market cap was 167,206,920 USD, and 24 h volume was 11,512,317 USD.

Prediction

Zilliqa has given rise to many speculations ever since its inception and some of them have also come true. Recently, the team was anticipated to be exploring a partnership with Facebook to support the latter’s stablecoin project development. The crypto is also exploring partnerships & investments from some of the key market players including Uber & SpaceX. Zilliqa has recently partnered with MaiCoin to power digital exchange. The collaboration has become the talk of the town & has drawn attention from other market players towards the platform. The CEO Xinshu Dong has a firm belief in the expansion of the platform to newer heights in coming quarters. By the end of 2019, the price can reach as high as 0.05 USD, two years down the line, the price can be expected to reach 1 USD and by the end of five years, it can be around 5 USD. However, in the case of some strategic partnerships, the pricing prediction has to be revisited keeping into account the spillover effect brought by each of them.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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