Zilliqa Fundamental Analysis
Zilliqa is a blockchain project designed to create smart contracts and dApps. The project’s mission is to create a scalable and functional network under blockchain principles. ZIL is the main utility token of the Zilliqa network based on the Ethereum blockchain. Zilliqa is positioned as a response to the fundamental shortcomings of Bitcoin and popular altcoins. The high speed of processing a large number of transactions is achieved through sharding - the distribution of the blockchain network to separate nodes, each of that node provides its part of the transaction. Zilliqa uses a hybrid consensus search engine: Proof of work and Practical Byzantine Fault Tolerance. PoW and pBFT technologies require proof of hardware operation, which protects the system from attacks.
Curr. Supply/Total Supply
Zilliqa Live Price Chart
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.
#1. WalletInvestor ZIL Price Prediction for 2021 and 2025
According to WalletInvestor, Zilliqa price will grow from $0.1706705 to $0.379 in one year. That makes ZIL a awesome investment. The long-term earning potential is 122.07%. Predicted price for the end of 2026 is $1.199.
#2. TradingBeasts ZIL Price Prediction for 2021-2022
Answering the question about if Zilliqa is a good investment, TradingBeasts say resounding yes. In the 2021 perspective, this coin price is predicted to reach $0.2321605 with a growth to $0.2674369 by the end of 2022.
#3. DigitalCoin ZIL Price Forecast for 2021-2025
In DigitalCoin analysis, the price of Zilliqa cryptocurrency will rise in the next 5 years starting from $0.169 as of today’s price to $0.599. It will go up to $0.287 by 2022 and continue its growth in 2023-2024. Based on the forecast, Zilliqa is profitable long-term investment.
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).
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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