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Zilliqa has recently rocked the crypto world after it had announced the launch of its new metaverse project, Metapolis. The release of this new platform may push Zilliqa to become one of the 50 biggest cryptocurrencies by market cap and solidify its position as one of the top crypto projects.
Understandably, many investors now have their eyes on the project’s native utility token, ZIL. How will its price behave in the future? Is it a good long-term investment? Let’s find out this and more in our Zilliqa price prediction.
This Zilliqa forecast does not constitute investment advice. Please don’t forget to do your own research before investing in any digital asset.
Zilliqa Overview
Our real-time ZIL to USD price update shows the current Zilliqa price as $0.026668 USD.
Our most recent Zilliqa price forecast indicates that its value will increase by -1.2% and reach $0.026347 by May 08, 2023.
Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 84%, with a Fear & Greed Index score of 60 (Greed).
Over the last 30 days, Zilliqa has had 15/30 (50%) green days and 6.29% price volatility.
Zilliqa (ZIL) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Zilliqa (ZIL) Price Prediction For Today, Tomorrow and Next 30 Days
Zilliqa Prediction Table
Zilliqa Historical
According to the latest data gathered, the current price of Zilliqa is $$0.03, and ZIL is presently ranked No. 94 in the entire crypto ecosystem. The circulation supply of Zilliqa is $415,379,094.11, with a market cap of 15,867,699,447 ZIL.
In the past 24 hours, the crypto has increased by $0.0011 in its current value.
For the last 7 days, ZIL has been in a good upward trend, thus increasing by 9.29%. Zilliqa has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of ZIL has increased by 11.63%, adding a colossal average amount of $0.0030 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Zilliqa Price Prediction 2023
According to the technical analysis of Zilliqa prices expected in 2023, the minimum cost of Zilliqa will be $0.023977602. The maximum level that the ZIL price can reach is $0.0278462151. The average trading price is expected around $0.0317148282.
ZIL Price Forecast for May 2023
Based on the price fluctuations of Zilliqa at the beginning of 2023, crypto experts expect the average ZIL rate of $0.0281966801 in May 2023. Its minimum and maximum prices can be expected at $0.0246785319 and at $0.0317148282, respectively.
June 2023: Zilliqa Price Forecast
Cryptocurrency experts are ready to announce their forecast for the ZIL price in June 2023. The minimum trading cost might be $0.023977602, while the maximum might reach $0.0293490648 during this month. On average, it is expected that the value of Zilliqa might be around $0.0266633334.
ZIL Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of Zilliqa in 2023 and in previous years, so the average ZIL rate they predict might be around $0.028954171 in July 2023. It can drop to $0.0286580006 as a minimum. The maximum value might be $0.0292503413.
August 2023: Zilliqa Price Forecast
In the middle of the year 2023, the ZIL price will be traded at $0.0283420855 on average. August 2023 might also witness an increase in the Zilliqa value to $0.0286382559. It is assumed that the price will not drop lower than $0.0280459151 in August 2023.
ZIL Price Forecast for September 2023
Crypto experts have analyzed Zilliqa prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $0.0277398724. The lowest and peak ZIL rates might be $0.0274535744 and $0.0280261704.
October 2023: Zilliqa Price Forecast
Crypto analysts expect that at the end of summer 2023, the ZIL price will be around $0.0271376593. In October 2023, the Zilliqa cost may drop to a minimum of $0.0268414889. The expected peak value might be $0.0274338297 in October 2023.
ZIL Price Forecast for November 2023
Having analyzed Zilliqa prices, cryptocurrency experts expect that the ZIL rate might reach a maximum of $0.0268217442 in November 2023. It might, however, drop to $0.0262491482. For November 2023, the forecasted average of Zilliqa is nearly $0.0265354462.
December 2023: Zilliqa Price Forecast
In the middle of autumn 2023, the Zilliqa cost will be traded at the average level of $0.0259332331. Crypto analysts expect that in December 2023, the ZIL price might fluctuate between $0.0256370627 and $0.0262294035.
Zilliqa Price Prediction 2024
After the analysis of the prices of Zilliqa in previous years, it is assumed that in 2024, the minimum price of Zilliqa will be around $0.0479952. The maximum expected ZIL price may be around $0.0589941. On average, the trading price might be $0.049995 in 2024.
Zilliqa Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Zilliqa, in 2025, ZIL is expected to have the following minimum and maximum prices: about $0.0719928 and $0.0839916, respectively. The average expected trading cost is $0.0749925.
Zilliqa Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Zilliqa and their fluctuations during the previous years. It is assumed that in 2026, the minimum ZIL price might drop to $0.109989, while its maximum can reach $0.129987. On average, the trading cost will be around $0.109989.
Zilliqa Price Prediction 2027
Based on the analysis of the costs of Zilliqa by crypto experts, the following maximum and minimum ZIL prices are expected in 2027: $0.179982 and $0.149985. On average, it will be traded at $0.159984.
Zilliqa Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Zilliqa. Based on their predictions, the estimated average ZIL price will be around $0.229977. It might drop to a minimum of $0.219978, but it still might reach $0.269973 throughout 2028.
Zilliqa Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Zilliqa. It is estimated that ZIL will be traded between $0.319968 and $0.389961 in 2029. Its average cost is expected at around $0.339966 during the year.
Zilliqa Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Zilliqa’s price. The year 2030 will be determined by the maximum ZIL price of $0.549945. However, its rate might drop to around $0.459954. So, the expected average trading price is $0.469953.
Zilliqa Price Prediction 2031
After years of analysis of the Zilliqa price, crypto experts are ready to provide their ZIL cost estimation for 2031. It will be traded for at least $0.679932, with the possible maximum peaks at $0.79992. Therefore, on average, you can expect the ZIL price to be around $0.709929 in 2031.
Zilliqa Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Zilliqa’s price. The year 2032 will be determined by the maximum ZIL price of $1.20. However, its rate might drop to around $0.989901. So, the expected average trading price is $1.02.
Zilliqa Fundamental Analysis
As a utility token, ZIL has quite substantial fundamental value. In order to evaluate it, let’s take a look at the project that it powers.
Zilliqa is a blockchain platform that aims to create an ecosystem of decentralized applications (dApps). In that venture, it is competing against such networks as Ethereum, Tron, and EOS. To pull ahead of the competition, Zilliqa introduced sharding, which significantly speeds up transactions by splitting its main infrastructure into several blockchains. All of those blockchains are connected.
ZIL, the native token of the Zilliqa network, is used to make transactions and execute smart contracts as well as to reward and incentivize all network participants. Therefore, as long as Zilliqa projects are in use, the ZIL token will have fundamental value.
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Metapolis
At the end of March 2022, Zilliqa announced the launch of its own metaverse project — Metapolis. Currently, it is the biggest driver of ZIL’s price rally, but one question remains: Will this new project be enough to push Zilliqa’s price up in the long term? Only time will tell how well it will be received.
Although the NFT and metaverse craze has died down a bit in the last few months, the projects behind them are still going strong. There have been fashion shows organized on various VR platforms, and some artists played whole concerts in the virtual world. A lot of investments have been made into the industry, so we are unlikely to see it fade into obscurity any time soon.
However, that doesn’t guarantee the success of Metapolis — or even just its smooth launch and long-term survival. While it has a lot of potential, there’s also a lot of competition. All the hype around it and its token’s rally will help, but, ultimately, its success will be up to the project’s developers and marketing team.
ZIL will still be a valuable token even if Metapolis does not gain mainstream recognition. If it does not succeed, Zilliqa’s price can always just go back to its pre-rally averages.
Here’s Zilliqa’s price today.
At the time of writing, all technical indicators were giving a “Strong Buy” signal. For an up-to-date result of ZIL technical analysis, see the widget below.
Can Zilliqa reach $1?
While it is unlikely that we will see the future price of ZIL equal $1 any time soon, it is definitely possible.
Why is Zilliqa going up?
Zilliqa has been going up lately because of the announced launch of its new metaverse project.
What is the Zilliqa coin used for?
ZIL is used to enable and scale dApps on the Zilliqa blockchain network.
Can Zilliqa reach $10?
Not really, no. According to our Zilliqa price forecast, the token is unlikely to reach $10 in the near future.
Can Zilliqa reach $100?
No. Zilliqa’s price has never even reached $0.5, much less $5. One hundred dollars seems out of reach of this token, but it’s fine — for a cryptocurrency, a market cap matters more than its actual price when it comes to determining its value.
Is Zilliqa any good?
Zilliqa can be a good investment if it fits your portfolio. It is a high-risk, high-reward asset that has regular rallies and solid long-term potential backed by its fundamental value.
Is Zilliqa legit?
Zilliqa is not a scam: it is the native token of a real project.
Is Zilliqa built on Ethereum?
ZIL tokens were initially released on the Ethereum blockchain as ERC-20 tokens but were later transferred to the Zilliqa mainnet.
Is Zilliqa better than Cardano?
Both Zilliqa and Cardano are excellent projects that aim to solve some real-world problems with blockchain technology. At the moment, Cardano is a bigger and more popular project, but that may change in the future. Whether one of them is better than the other is entirely up to your personal preference.
Is Zilliqa worth staking?
It depends on your ZIL investment strategy. If you are waiting for a good opportunity to cash out, staking may not be for you — the fees are too high to stake it for one or two months only. If you want to play the long game and are willing to wait, then it will be worth it.
To exchange, buy, or sell Zilliqa at great rates and with low fees, use the widget below or head over to our website. Alternatively, you can also buy Zilliqa coins using our mobile app.
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Source: https://changelly.com/blog/zilliqa-price-prediction/