The crypto verse has been generous for newer innovations, as the interest of marketers diverse from mainstream projects. As a result of which, a range of crypto projects have arrived in the market with groundbreaking technologies. One among such projects, which has become the first public blockchain to implement sharding on its mainnet, was Zilliqa.

Zilliqa is a cryptocurrency project designed to scale securely in a permissionless and open distributed network. It serves as an alternative and scalable solution for decentralized applications. The network has taken the business by storm, with its metaverse – Metapolis. Which has helped the price raise bars at an astounding rate.

Wherefore, investors and traders are keen on investments in Zilliqa. Are you keen on investing in ZIL, but doubtful of its returns? Look no further, as we decode the possible ZIL price prediction for 2024 and the years to come.

Overview

Cryptocurrency	Zilliqa
Token	ZIL
Price	$ 0.02236253 -2.20%
Market cap	$ 388,486,463.6389
Circulating Supply	17,372,203,179.0000
Trading Volume	$ 27,777,324.3812
All-time high	$0.2563 on 06th March 2021
All-time low	$0.00247 on 13th March 2020
24 High	$ 0.0229
24 Low	$ 0.0216

Zilliqa Price Prediction December 2023

The crypto industry experienced a massive price volatility this month. The market has now started to stabilize. The price is currently trading in a ascending channel and is predicted to break the pattern soon of which the outcome is unpredicted.

The MACD displays a constant green histogram, indicating a massive bullish influence in the market. Further, the averages show a bearish curve, suggesting the possibility of a trend reversal in the coming time.

If the bulls regain power, the price will gain bullish momentum and continue rising toward its resistance level of $0.02592 soon. Further, if the market holds the price above that level, it will continue to rise and make a run to test its upper resistance of $0.0300 in the coming days.

On the contrary, if the bears overpower the bulls then the price will break down the channel, resulting in a trend reversal, and the price will undergo correction and test its support level of $0.02261 soon.

ZIL Token Price Prediction 2024

If the crew behind Zilliqa rolls up their sleeves to make the most out of the year, with upgrades, resolutions, and community-driving events, and if Zilliqa seeks impetus from ascending volumes, smart contract transactions, burn rate, and updates around the Metapolis. During Bitcoin’s halving event. It could be part of a possible bull run, which could propel the price of ZIL to $0.0465. 

Contrarily, the rise of bigger names in the metaverse could open up stiffer competition. Failure to establish its reign could slump the price to the bottom of $0.0285. Successively, considering the average trajectory of ZIL over the past, the altcoin could manifest an average price of $0.0375.

Zilliqa Price Prediction 2025

In the next 3 years, Zilliqa is anticipated to be ranked among the top 35 currencies. The price may intensify, if the bulls acquire the market and push the prices up. ZIL might also concentrate on enhancing the protocol and the platform.

By the end of 2025, the highest ZIL’s price could hit is a maximum of $0.0599. The average and minimum possibilities is at $0.0495 and $0.0391, respectively.

Zilliqa Price Prediction 2026

According to forecast prices and technical analysis, Zilliqa’s price is projected to reach a minimum of $0.0488 in 2026. The maximum price could hit $0.0713, with an average trading price around $0.0600.

Zilliqa Price Prediction 2027

Looking forward to 2027, ZIL’s price is expected to reach a low of $0.0612, with a high of $0.0869 and an average forecast price of $0.0740.

ZIL Price Prediction 2028

In 2028, the price of a single Zilliqa crypto is anticipated to reach a minimum of $0.0785, with a maximum of $0.101 and an average price of $0.0897.

Zilliqa Price Prediction 2029

By 2029, ZIL price is predicted to reach a minimum of $0.0933, with the potential to hit a maximum of $0.135 and an average of $0.1141.

Zilliqa Price Prediction 2030

In 2030, Zilliqa is predicted to touch its lowest price at $0.116, hitting a high of $0.158 and an average price of $0.137.

Market Analysis

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

Fundamental Analysis

Zilliqa is a smart contract platform that authorizes innovators to build a new digital economy. It is the first public blockchain to implement the concept of sharding. It offers a more scalable and secure blockchain infrastructure. And is a permissionless blockchain sketched to offer high throughput with the eligibility to process and complete thousands of transactions per second. 

Founded by Prateek Saxena, Amrit Kumar, and Max Kantelia, the blockchain is the home to many dApps and allows staking and yield farming. The official development of the platform started in June 2017, further, testnet went live in 2018 March. 

The platform was born at the National University of Singapore. The unique practice of the blockchain enables it to scale linearly. The blossoming ecosystem consists of 60 project teams from over 20 countries.

What Is Zilliqa?

Zilliqa is a permissionless, public blockchain built to facilitate high throughput with the capability to confirm thousands of transactions per second. It attempts to resolve the glitches associated with blockchain scalability and transaction speed by employing sharding as a second-layer scaling solution. 

The main aim of the network is to offer a secure and scalable blockchain platform for traders and developers who wish to build professional DeFi applications. The Zilliqa platform has its own native token ZIL, which is used to strengthen, secure, and enable faster transactions. While also allowing the execution of smart contracts on the platform.

Zilliqa Historical Market Sentiments 2018 – 2022

• Zilliqa made its existence in the crypto world on the 26th of January 2018 with a trading value of $0.18. The coin dramatically plunged to $0.04 within a few days and again slid to $0.03 by mid-March. 
• Further, with a certain recovery, the coin drastically spiked to a new ATH of $0.23 on 10th May. Later the price failed to remain stable and sank to $0.02 by mid-August. Later with price indifferences, ZIL closed the year at $0.02. 
• ZIL crypto entered the year 2019, on a bearish note, with a cost of $0.01. The price remained stable until it recovered to $0.02 by April. Further, the price swung again to $0.01 and reclaimed its resistance at $0.02 by June. 
• The coin started a terrible downtrend and declined to $0.004 by the end of September. The year was closed with a trading price of $0.004.
• Zilliqa started the year with a trading value of $0.004. With certain price inequalities, ZIL declined to $0.003 by mid-March due to the Covid-19 outbreak. 
• By mid-June, Zilliqa progressively recovered to $0.02. And further started to vary and declined to $0.01 by September. Later with certain price indifferences, ZIL moved to $0.08 by the end of the year.
• Zilliqa traded at $0.08 during the start of January 2021. Later the price started to escalate and reached the highest level at around $0.23. However, the price dropped due to the Chinese market crisis on May 19th taking the price to $0.08571.
• The ZIL price continued to drop till mid-July taking the price to $0.05343. From there the altcoin started to rise to reach a decent high at $0.1328. Yet again the financial crisis coming out of the Chinese market dumped the price level to $0.07525.
• ZIL price has traversed in ebb and flow patterns. It had faced a rejection of around $0.12 for two consecutive times. Following a slide, the altcoin closed its annual trade at $0.0787.
• ZIL had initiated its business for 2022, with its trading value of $0.0748. Following a crash in the market, the price found support at $0.04586 on the 23rd of January.
• On the 26th of March, ZIL price portrayed a single-day spike of 104.56%, uplifting the price to $0.09850. Following a halt for 3 days, the altcoin boasted another massive candle of 88.98%. Following this, the quarter was closed at $0.1808.
• Post the bullish 374% price hike by the 2nd of April, Zilliqa picked up suit of the broader industry. The altcoin dipped over 86% until the 18th of June, amidst soaring volatility in the crypto business. Thereafter, a leg-up helped ZIL close its trade for the second quarter at $0.039. ZIL’s price has traversed in a narrow range in Q3, with the local top being at $0.05013. 

CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!

FAQs

ZIL

BINANCE