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Zilliqa Price Prediction: Is It the Right Time to Buy Zilliqa?

Metaverse is the most hyped topic of 2022 and Metapolis is one of the most anticipated projects of this spring. After the announcement of its official launch, the price of the ZIL token quadrupled in just a week. The market analysts believe the token might gain even more value in the nearby future. Read our Zilliqa coin price prediction to stay aware of the market changes.

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Zilliqa Fundamental Analysis

Project name
Zilliqa
Stock Symbol
ZIL
Current Price
0.03152
Current Supply
16667200514.546957
Launch Date
2019

Zilliqa is a smart-contract blockchain platform initially designed to scale thousands of transactions per second. To improve blockchains' scalability and speed Zilliqa utilizes sharding as a second layer scaling solution. With the development of the technological stack, the vision of the project moved towards Web3. 

The project started in 2017 when the development team started to work on the platform. Zilliqa's testnet went live in March 2018 and in June 2019 the mainnet was launched. The project calls itself the first in the world public blockchain that entirely relies on the sharding network.  Zilliqa aims to become a number-one choice for the big enterprise companies including the ones in gaming, entertainment, finances, and advertising. 

Elliptic-curved cryptography is used to secure Zilliqa’s consensus protocol and allow the multi signatures. The network utilizes the proof-of-work mechanism to assign node identities and generate shards. 

The platform has its own programming language called Scilla, which helps guarantee the safety of smart contracts. It was the first peer-reviewed smart contract programming language that entered the production platform.

Currently, the network runs millions of transactions each month and continues to scale, with the number of blocks produced daily reaching 2500. Zilliqa is also about to release its Metaverse called Metapolis on April 2. The company promises to offer new ways of engagement for both the virtual and digital worlds.  

ZIL is a native token of the Zilliqa blockchain. First, it was launched as an ERC-20 token, but in 2019 when Zilliqa went live on the mainnet all the tokens were transferred there during the token swap event that concluded in February 2020.

Zilliqa Live Price Chart

2021 wasn’t a very successful year for the Zilliqa coin. After the bull run during the spring of 2021, when ZIL price managed to reach $0.23, the token price started to fall into the downtrend. First, it was pulled off to a level of $0.13 at the beginning of May and later continued to fall. 

By the middle of June ZIL was traded for $0.09 and then dropped even more, going deeper to $0.06. Later that month the coin recovered and fell again, this time trading for $0.05. 

At the end of July, the asset started to show the first signs of recovery, and the ZIL token started to grow again together with the rest of the crypto market. The coin was on the uptrend till the beginning of September when it reached $0.13. After that, the price started to shrink again. And by the end of September ZIL was pulled off back to $0.07. 

When the crypto market went into a significant uptrend in October ZIL stayed relatively stable bouncing between $0.09-$0.11, but at the end of autumn, the ZIL crypto price chart went bearish again. By December 20 the price reached $0.05, then went up to $0.07 at the beginning of 2022 but then continued collapsing. 

At the end of February ZIL was trading for $0.04 and wasn’t showing any signs of going bullish. But as soon as the launch of Metapolis was announced the prices of the Zilliqa coin skyrocketed. In a matter of a week, the asset gained over 350%, reaching $0.18. The experts think that that’s just the beginning of ZIL’s bull rally and expect the token price to go up when the Metaverse is finally out. 

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Zilliqa Technical Analysis

Despite the fact that 100% accurate technical analysis for Zilliqa cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated ZIL buy-and-sell rating for selected timeframe. The summary for ZIL/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Zilliqa Price Prediction

Below we have collected the most reliable price projections for Zilliqa (ZIL) from popular forecast platforms.

Zilliqa Price Prediction for 2022

As of Zilliqa price predictions for the rest of 2022, there are divergent opinions. PricePrediction.net expects an upturn towards $0.053899, and WalletInvestor echoes with ~$0.057051 by the year’s end. Other experts, for example, from TradingBeast, are more pessimistic about Zilliqa’s future price, citing numbers downwards of $0 in December.
Potential ROI: 17% Buy

Zilliqa Price Prediction for 2023

In their Zilliqa price predictions for 2023, PricePrediction.net forecasts the coin’s price to go down to $0.027422 by December. Forecasting Zilliqa future, TradingBeast expects further decrease of its price, too, saying the Zilliqa price will reach ~$0 by that time. On the contrary, WalletInvestor keeps predicting Zilliqa price growth, quoting prices around ~$0.044443 in 2023.
Potential ROI: -24% Sell

Zilliqa Price Prediction for 2024

Zilliqa price predictions for 2024 are still predominantly negative, with some analysts promising prices in the $0–$0.021749 range (TradingBeast, WalletInvestor), while PricePrediction.net takes a different view and cites the possibility of the price reaching $0.062094 in December 2024.
Potential ROI: -11% Sell

Zilliqa Price Prediction for 2025

Both WalletInvestor and TradingBeast doubt that the Zilliqa market will grow in 2025, predicting the price drop to $0.03089 and $0 by the end of the year respectively. Other Zilliqa price forecasts support the idea: PricePrediction.net forecasts Zilliqa to fall down to $0.020488 by December 2025.
Potential ROI: -46% Sell

Zilliqa Price Prediction for 2030

Speaking of long-term Zilliqa price predictions for 2030, experts present two polar opinions. WalletInvestor expresses the view that Zilliqa price won’t grow further and, opposedly, will decline to $0.003782. TradingBeast’s price prediction for Zilliqa echoes with the projection of a downtrend to $0. Despite this, PricePrediction.net’s vision remains positive, promising growth up to $0.050747.
Potential ROI: -42% Sell
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Summary

As it can be clear from the analysis cited above, Zilliqa (ZIL) projections are rather contradictory. There is no universal consensus either about positive or negative future ZIL price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Zilliqa projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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