Zilliqa aims to build a brand new digital economy. Also, the technology of sharding makes the token outstanding. The benefits of it are great scalability and solid blockchain infrastructure. To access the blockchain, no permission is required. It delivers high working efficiency with the capacity to process and execute thousands of transactions per second.
The Zilliqa coin runs on the blockchain. The project and the token seem attractive. But is investing in it really profitable? What about short-term and long-term perspectives? Let’s find out from the Zilliqa price prediction up to 2030.
What is Zilliqa?
The venture was launched in 2017 in Singapore as a blockchain-enabled network. The first fact – it is built on sharding technology. What does it mean? The transactions are split into small parts, and a few miners are doing parallel verifications at the same time. The biggest advantage of this is speed. Thus, as Zilliqa whitepaper states, this network can be up to 1000x faster than Ethereum’s one.
Actually, Zilliqa is often compared with Ethereum. But what makes it different is high network bandwidth. The latter increases as much as the volume does. Any user can use the system to create new apps that will comprise smart contracts.
As previously mentioned, sharding is the key process here, meaning the network consists of a huge number of subnets. As a result, Zilliqa came out drastically lighter than the networks that do not apply sharding technology.
The developers strive to release 21 billion coins. But from the very beginning, about 60 percent of the overall volume was produced. They promise that users can get other coins during the following ten years. In April – June 2018 Zil tokens were issued to the network.
Over the year after its release, according to then-recent Zilliqa price prediction, the coin’s price dropped significantly – by ninety-four percent – as a result of an immense bearish tendency on the crypto market. However, the built-in technologies might make this platform outshine the competitors.
For now, the present-day price constitutes $0,007225. The market cap is $62 764 360, and the circulating supply makes 8 687 360 058 coins. The highest price was $0,231489 in May 2018; and the lowest one was $0,006943 in August 2019.
Historical Price Analysis of Zilliqa
To realize a fair Zilliqa price prediction, let’s find out what was going on with prices beforehand. Zilliqa saw the world on 26th January 2018. The trading worth was first $0.18 and then dropped to $0,04 a few days later, and went down to $0.03 by mid-March. However, in May, it miraculously gained $0.23, making it an all-time high. By the end of 2018, it remained at a $0.02 price point.
At the beginning of 2019, the token experienced a downward tendency and hit a $0.01 price point. By April, it reached $0.02. Then, it navigated between $0.01 and $0.02 (June 2019). By late September, the worth was $0.004, and with this very price, the coin ended the year.
Zilliqa started the following year with the same price. By mid-March, it decreased to $0.003, mainly due to the pandemic. By mid-June, it hit a $0.02 price point and by fall declined to $0.01. In early winter, it reached a $0.08 price point and ended the year with it.
Factors that Influence the prices of Zilliqa
AI, machine learning, and modern Zilliqa price prediction algorithms might seem good at predicting prices, yet certain things are impossible to foresee. So was the pandemic, for example. The aspects that influence the prices are obviously competition, economic and political issues, technological progress, market pressure, safety issues, privacy issues, etc.
Hight volatility is usually a great thing for profiting. Thus, smart investing strategies make sense, had the transactions be made via Zilliqa.
Zilliqa Price Prediction for the Next Three Months
In late 2021, the worth is expected to be $0.30. Based on a late rally in the value of the coin, it reached a novel all-time high of $0.21 last week (as of September, 24). Experts expect the price to reach a $0.30 price point.
If regarding what the lowest price might be, then it could be its support level of $0.17. Consequently, investors and traders who play short-term can purchase the token on dips, as per the Zilliqa price prediction. This way leads to solid profits.
Short-Term Zilliqa Price Prediction
By short-term, we mean the experts’ opinions for the following two years. So, in 2022, the highest price might be $0.4 and the lowest one – $0.25. The token might end the year with a $0.35 price point.
As for 2023, the value is expected to be $0.41. Herewith, the highest mark might be $0.50, and the lowest one – $0.35. The price predicted for the end of the year is $0.47. In many ways, the pandemic can shift the Zilliqa price prediction and set unexpected trends.
Long-Term Zilliqa Price Predictions
This kind of prediction is as unclear as the world is. What it’s going to be in 2025 and 2030? Opinions vary. In the following five years, the token is expected to join the list of top 35 cryptos on the market. What’s great about this project, the team is really working on it.
Some reputable online price prediction service considers Zilliqa as an amazing long-term investment, anticipating the value to reach $1.249 in late 2026.
The value can fairly skyrocket in a condition that the bulls take over the market making prices go up. Besides, an increase in protocol and improvements in the platform can boost an overall demand, making prices surge as well. According to the Zilliqa price prediction 2030, the highest price might make up from $1 to $3.5.
How to Buy Zilliqa?
To purchase Zilliqa, you can turn to an exchange platform that supports the token. Make sure you pick a reputable one that stores safely your personal data or does not ask it at all. Usually, they allow any kind of deposit method and fiat currencies. They also might provide the Zilliqa price prediction for days and months ahead.
What is the Future of Zilliqa?
The future looks pretty bright mainly due to the work that is being done by the team. It includes:
- sharding technology
- decentralized financial institutions
- low charges
- constant improvements in functionality
Should I invest in Zilliqa?
Are you regarding investments in the long-term perpective? Zilliqa might be a thing for this. The worth of 2018 was expected to regain by mid of 2020 but the pandemic changed the situation. Short-term investments are not profitable and do not expect 200%+ ROI in the short run.
Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.