In this guide, we will voice our own and market’s opinion on ZIL future while discussing Zilliqa price forecast for 2021 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.
If you would have bet on the right coins this year you could easily have 10xed your capital…
You could even have made as much as 100x which means you could have turned $100 into as much as 10k.
Experts believe this will happen again in 2021, the only question is which coin do you bet on?
My friend and cryptocurrency expert Dirk is personally betting on 3 under-the-radar cryptocurrencies for huge ROI in 2021..
Click here to learn what these coins are (watch till the end of the presentation).
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 2021
All crypto fans and holders have been enjoying the last couple of months of 2020 and the start of 2021. Bitcoin smashed all resistance levels and kept setting new all time highs.
All altcoins followed suit and their value in dollars skyrocketed. Additionally, there were a couple of short but very profitable altcoins bull seasons that saw new and old altcoins surging, bursting through old all-time high records and setting new milestones.
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 2022
Our prediction model sees a temporary switch to a bear market at the beginning of 2022 before we move onto another leg up in Q3 & Q4 of 2022.
Zilliqa (ZIL) Future: 2025, 2030, 2040
Our prediction model sees ZIL reaching new highs in 2025:
Zilliqa price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.
Read also:
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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