The Zilliqa (ZIL) token is ranked #55 with a market cap of $2,269,626,910.13. The total supply of coins is 12,000,000,000, with a circulating supply of 12,590,384,054 tokens. The Zilliqa token’s price currently sits at $0.180267, up by 20% in the previous 24 hours. It is traded with a market dominance of 0.11%. The trading volume for the previous 24 hours has increased by about 4.37% and stands at $5,939,866,963.36.
What is the Zilliqa (ZIL) coin?
It is a blockchain protocol that uses Sharding to solve the scalability problem that plagues first-generation blockchains. Sharding is the most noticeable and distinctive feature of its blockchain, which divides the mining network into tiny pieces known as “shards.” This method is well-known for handling transactions in parallel. It is a permissionless and public blockchain that can process thousands of transactions per second and has higher throughput. The crypto was created in June of 2017. However, the mainnet and the native token, ZIL, were launched in June 2019. The native token is used on the network to process transactions and execute smart contracts.
Zilliqa (ZIL) coin price history & monthly technical outlook
Its value has increased by 20% in the last 24 hours. When we compare the ZIL’s current market cap to the previous day’s market cap, we can see that it is up 5.90%, and its fully diluted market cap is $3,785,600,574.85.
Over the past seven days, the price of the ZIL token has increased by 268.14%. Currently, the price of crypto is $0.18267, which is about 31.80% below its all-time high level of $0.26.
Zilliqa (ZIL) coin fundamental outlook
Zilliqa has recently become one of the most popular cryptocurrencies, increasing by more than 300% in the previous five days. The whole crypto market is talking about the impressive growth of the coin, which was triggered by the announcement of the partnership of Zilliqa Metapolis with Agora, a global talent awards app.
The long-awaited Zilliqa Metapolis will enable the creators to develop an advanced real-time 3D visual and immersive experience. It will give users an experience that will compete with the top games. This partnership enables the creativity within Metaverse and opens borderless access for creatives worldwide to connect to the digital world.
The launch of Metapolis is scheduled for April 2nd, 2022. It will make Zilliqa a leader in Web 3 innovation and is expected to take the coin ZIL to further upside limits. Apart from this latest update, Zilliqa has also been in the news for appointing a new Head of Finance Relations who will be working on the expansion of the funding and the company’s geographic developments.
Will the ZIL coin price reach 10 USD?
Given the recent price action of the ZIL token, it seems possible for the token to reach $10 in the upcoming future. The coin is skyrocketing, even when the whole market is sluggish. If the coin continues to find bullish investors on the back of such impactful updates, it can reach $10 in 4-5 years.
Zilliqa price prediction 2022-2025
The following is the price forecast for the ZIL token for the next five years.
Zilliqa price prediction 2022
Analysts are very bullish on Zilliqa’s short-term potential, believing the coin could reach $1.5 by 2022. This year, the average price of tokens is expected to be $0.5. However, if the coin falls out of favor, it may remain in the $0.20 range for the rest of the year.
Zilliqa price prediction 2023
In 2023, the crypto price is forecasted to achieve a high price of $2. The coin will remain at $1.50–$2.50 for the following year.
Zilliqa price prediction 2024
In 2024, the coin Zilliqa could see an additional uptrend in its price due to more integrations and partnerships. The latest partnership with Agora will open the doors to other projects like this and eventually push the token higher. In 2024, the average price of ZIL coins is expected to be $2.5.
Zilliqa price prediction 2025
In the coming five years, analysts believe there will be more adoption and recognition of the digital currency market. They think the token has a lot of potentials and is getting a lot of attention. In 2025, they see the coin reaching new limits and touching $5.
Top 3 questions & answers about Zilliqa (ZIL)
Will the Zilliqa (ZIL) coin crash?
The ongoing hype around the ZIL token might see some price correction in the coming days. But the overall sentiment of the token is bullish for now.
Will Zilliqa (ZIL) increase rashly?
The token is currently experiencing a sudden spike, and it could see further buying on the launch of Metapolis, which is scheduled for April 2.
Will Zilliqa (ZIL) overtake BTC?
It has a unique offering of a sharding network and higher transaction speed with lower cost. No doubt the coin has exceptional use cases, but for now, it seems highly unlikely that it can overtake BTC in the near term.
