Zilliqa being a public blockchain network which is powered by a native Zilling token (ZIL), which is not a Zilliqa coin basically meant to solve issues pertaining to scalability, and also scaling to thousands of transactions per second.
Very recently, ZIL announced its brand new mainnet program also, with the release of testnet v3.0, a coder named “Mao Shan Wang”, where it has created a record by becoming the first ever fully fledged testnet to implement a network, transaction and smart contracts on the blockchain technology improving zilliqa vastly.
Talking about this upgrade it involves new incentive mechanisms which would lead to Eco-friendly and cost-effective mining for the public ones.
Though there are many coins which trying to implement the Sharding concept on the digital currencies but a Singapore project Zilliqa proves a strong contender of sharding as a scaling solution.
While the other projects like Ethereum are planning to implement Sharding but Zilliqa was among the first one to demonstrate that it can really work and discards all excuses, making it the hottest coins of 2018.
- 1 Talking about ZIL Highs and Lows
- 2 Zilliqa (ZIL) Roadmap for 2019
- 3 Reason Behind Zilliqa’s poor performance
- 4 Zilliqa 5 Year Price Prediction (Long-Term)
- 5 Discussions and FAQs
- 6 ZIL Price prediction: Summary
Talking about ZIL Highs and Lows
Though Zilliqa Mainnet currently being in the bootstrap phase, thus no transactions of value are being processed. According to the collected information on the Zilliqa project and its cryptocurrency, the price $0.350 by end of 2019 could not be attained if the project scene is not getting a huge hike and well advertise to the miners. Though sharding is the main concept, but different digi-cash are now a huge competition for ZIL.
According to our Crypto Post Gazette Forecast System, ZIL is a bad long-term (1-year) investment. Zilliqa hike predictions are updated every 3 minutes with latest prices analysis. As of now, Zilliqa price is equal to 0.02070 USD at 2019-04-12, but looking for your current investment it may be devalued in the future coming years.
Zilliqa (ZIL) Roadmap for 2019
As forwarded by the numbers of miners, most experts predict ZIL to jumble around $0.02 – $0.03 throughout the year — with prices potentially reaching $0.06 – $0.12 USD at the end of 2019.
Though analyzing the efforts of project Zilliqa team has recently updated on their joint initiative program which includes Mindshare(a global media, and services company), which has around $34.5 billion in their annual revenue. Both of them are going to work together on the evaluation and sustaining of the ZIL protocol, and solving issues in the advertising industry.
Zilliqa says this launch of the mainnet is just the beginning. It has further plans of working on enabling blockchain powered solutions, which can bring real value to the users/owners.
Reason Behind Zilliqa’s poor performance
Zilliqa’s poor performance across the years is the result of three main factors.
- The overall bear market of cryptocurrency has experienced in past years, puts most start-ups like Zilliqa in a tough position right off the bat facing tough competitions.
- Zilliqa has seen delays as they strive to deliver a top quality product that aligns with their original premise.
- Finally, while it is possible that ZIL could jump back up to $0.0023 in 2019, with the mainnet launch scheduled for the next year 2019, any significant value improvement will not be seen until that time.
Zilliqa 5 Year Price Prediction (Long-Term)
Zilliqa is one such scaling coin with the potential to see extreme growth. In a matter of 5 years, anything can happen.
Keeping in mind market trends and considering the mission and vision of the cryptocurrency, there may be high hopes that it might sustain and end up becoming one of the top performing cryptocurrencies, with a high rate of investment and satisfies its customer.
By the end of 2023, ZIL may attain $1.338. Its adoption rate is very likely to grow at a high rate. Zilliqa price prediction 2025 is going to be crazy, as it would be 7 years old by then and would have gain experience in the crypto world. At the end the prediction of the risky asset can not be defined as it is a thankless task – the best answer is no one knows.
Discussions and FAQs
What is the Zilliqa price today?
As of now the current price of Zilliqa is 0.02070 USD today.
Will Zilliqa price drop/fall?
Yes. The price of Zilliqa may drop from 0.02070 USD to 0.00135 USD. The change will be -93.487%.
Will Zilliqa replace/surpass overtake Bitcoin?
According to our predictions, there are no chances in the near coming future.
Will Zilliqa crash?
According to our analysis, this might happen.
ZIL Price prediction: Summary
All of this summed up means one thing. The price will probably stagnate and are recording slow-moving depreciation and appreciation depending on the team activity, potential technological breakthrough or high-level partnership of all the companies related to it.
Price is heavily going to depend on what, BTC will do and since many analysts think BTC will not be making big moves in the years coming along, it is hard to expect ZIL will do them either.