In this guide, we will voice our own and market’s opinion on ZIL future while discussing Zilliqa price forecast for 2023 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like ZIL.
Now, let’s head into it.
Before we delve deep into the Zilliqa price prediction and answer questions if Zilliqa is a good investment or not, why will ZIL succeed or fail or why will ZIL price rise or drop, let’s quickly throw a glance at what is Zilliqa and its to date history.
You can buy, trade and stake ZIL on many exchanges including the leading platforms like eToro, Cex.io, Coinbase and Binance.
What you'll learn 👉
Zilliqa Intro
A Singapore-based project called Zilliqa is strong contender for tackling the problem of scalability, and has quickly established itself as one of the hottest coins of 2018. Then they went under the radar, mostly due to their own fault and missed deadlines.
The primary strength that Zilliqa brings to the table is that it is one of the first projects to successfully harness the power of sharding as a scaling solution. While other projects (including Ethereum) are planning to implement sharding, Zilliqa was among the first to demonstrate that it can really work.
Zilliqa is not just some generic fork like many other altcoins; this is a team that tries to really build something: Scilla programming language and sharding are best proofs for that. For this reason, Zilliqa deserves props up from the whole crypto community.
Read also: What are the best hardware wallets?
Our ZIL Price Prediction
Since the whole market is tightly correlated, general sentiment is always the first thing to check before predicting the prices of individual coins. So, let us do a quick overview of the market. After a brutal crypto winter in 2022, the market has shown signs of life in 2023. Bitcoin has rallied 80% so far, putting it on track for its best year since 2020. Ethereum is also up 50% year-to-date. Several factors have fueled this crypto rebound. Most notably, Ripple Labs won a key legal victory against the SEC in June, leading to a short-lived price bounce. Renewed institutional interest has also provided a boost, with major firms like BlackRock pushing for Bitcoin ETF approval. Meanwhile, inflation has triggered a crypto comeback as digital assets gain appeal as an anti-inflation hedge. However, major headwinds persist. The total crypto market cap stands at $1.1 trillion after peaking at $3 trillion in late 2021. And volatility remains high. Bitcoin spiked to a 2023 high near $32,000 in May but has since pulled back below $30,000 amidst intensifying regulatory scrutiny. The SEC continues targeting top exchanges like Coinbase and Binance. While the worst of crypto winter seems over, the road to full recovery looks long. But institutional adoption continues growing steadily, and some analysts forecast Bitcoin topping $100,000 within a couple years. Regulatory actions remain crucial to watch. If cryptocurrencies can cement themselves as digital gold safe havens, macro trends could fuel their next bull run. But more clampdowns present downside risk. After a tumultuous 2022, 2023 shows crypto turning a corner - but uncertainty still looms large.
Below is a tabular overview of how will ZIL develop in the short-term (for the next 90 days), according to our prediction model:
Read our updated review of Binance here.
Why will Zilliqa succeed?
Why will Zilliqa go up and rise is a very common question among the holders or potential buyers.
There is one main reason, one main avenue for ZIL to reach its goal and that is their scalability solution the so called sharding. If they manage to pull it off and implement it on a large scale, that will surely launch the project and its token to a new level.
Zilliqa is the worlds first public, permission-less blockchain that has successfully implemented sharding to scale to thousands of transactions per second. If a blockchain can, in fact, handle 2500 TPS to 10,000 TPS, we can see actual real-world use cases tested on blockchains. If Zilliqa can prove it’s technology with some real word enterprise applications, Zilliqa could become the de facto backbone for enterprise blockchain use.
Why will Zilliqa fail?
Small warchest to fund their roadmap, team fatigue or infights or rogue member that could disrupt the development are all possibilities that could lead to Zilliqa failure. There are no signs of any of these threats to materialize at the present time, however, other crypto projects taught us that anything that could go wrong with them, went wrong.
Can Zilliqa reach $1 or even $10?
That is highly doubtful, at least for the foreseeable future, because of the unfavorable tokenomics. Zilliqa has only issued 41% of its token supply and has a yearly inflation of 27% which puts it among the more inflationary projects at the moment. If Zilliqa were to reach $1, that would mean it has a $9 billion market cap under the current supply, that still has 2.5x to grow to reach total supply. Meaning, Zilliqa would have a total market cap of $23.5 billion if it were to reach $1. To talk about $10 per Zil is nonsensical.
Is Zilliqa dead?
No, judging by the team activity on social media, github, their own website. Their communities on Reddit and Telegram are also active, although much lower engagement levels are noticeable when compared to 2017. Coin is also still listed on all major exchanges which indicates that ZIL is far from a dead project.
Read our updated guide on what to mine these days.
Zilliqa Price Prediction 2023
Looking at the last quarter of 2023, the cryptocurrency market shows promising signs of a potential rebound. Bitcoin’s 55% gain so far and renewed institutional interest indicate positive momentum. Despite regulatory challenges, the market remains resilient, with a total capitalization of $1.05 trillion. Anticipation is high for a positive and prosperous period ahead, with experts closely monitoring market trends and institutional crypto activity.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of the last months of 2023 and 2024:
ZIL Price Prediction 2025
Our prediction model sees ZIL reaching $ 0.1048 in 2025.
What will ZIL be worth in 5 years?
The price of ZIL in 5 years could lie around $ 0.0318, according to CaptainAltcoin’s prediction model.
Zilliqa Price Prediction 2030 – 2040
What Zilliqa will be worth in 2030?
Our forecasting model sees Zilliqa reaching $0.2621 in 2030.
What Zilliqa will be worth in 2040?
Our forecasting model sees Zilliqa reaching $0.5241 in 2040.
Will Zilliqa replace / surpass / overtake Bitcoin?
No, Zilliqa will not replace or overtake BTC.
Can Zilliqa reach $1?
Yes, Zilliqa could reach $1 by the end of 2025.
Can Zilliqa reach $10?
No, our prediction model sees no possibility for Zilliqa to reach $10 in the short or mid-term period.
Is Zilliqa worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, Zilliqa is worth buying.
Is Zilliqa a good investment?
Zilliqa is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will Zilliqa be worth?
For the short-term future, it could reach $0.0098. In the long-term (8-10 years), it could jump to $0.2621 or even higher.
How high will Zilliqa go?
Our forecasting model sees Zilliqa price exploding and reaching $0.5241 in a distant future.
What is the short-term prediction for Zilliqa?
Zilliqa will reach $0.0098 in the next 90 days, which is a 41.8% change over the current price which hovers around $0.0168.
Can Zilliqa make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Zilliqa millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Zilliqa could make you a millionaire.
Zilliqa Price Prediction Today - What will be the price of Zilliqa tomorrow?
Zilliqa will hover around $0.0174 tomorrow.
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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
bitcoin crashed many times already and then went to new highs. zilliqa crashed with bitcoincrash in 2018 but will also go to new highs. I dont see any reason why it will not do so and even in the article here I cannot see any valuable reason. But sharding is not the only solution for rapid transfer. It is one solution and it works as zilliqa has proofed it already. The only question is how quick new applications will be built on zilliqa and how many new projects will they realize. what is not written here is the fact that many cryptos just dont have enough money now to pay their staff but zilliqa has enough money for more than 4 years. In the meantime they will be able to position temselves in a very good position. And they do work hard and are very serious about security. Which is not the case for many other cryptos . Remember verge crypto hack. Concerning the whole crypto market we will see a big flow in of institutional money. trading on stockmarkets has already started. Chicago Stuttgart and so on… Now as soon as BAAKT will start we will have wall street flowing into this market. This can happen already this year 2019. So I really am not afraid of investing into zilliqa. Its the last moment to get it for that cheap. But everybody should do his own housework….
ZILLIQA is in a critical phase at the moment. the mainnetlaunch did work well and they are not yet fully fonctioning as they are still in a bootstrap phase. it will needsome more weeks to have the mainnetlaunch fully run so that they can start the real functions with applications and then we will see if their sharding technology works as promised. as soon as this real function of sharding on the mainnet is shown and working then we will see the price of zilliqa going up significantly. they actually do the swap of token today on 22 april 2019. so investors are hesitating still to invest into zilliqa but as soon as all works this will change. we have seen the price raising from february to mid april about 30 percent. I expect that price evolution continues like this in the next months. but as told in this article here it will depend also on the bitcoin price evolution.
LOL. ZIL was 0.09$ on 26/12/2020