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.
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?
Top 3 coins for huge ROI in 2021?
If you would have bet on the right coins last 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).
Our ZIL Price Prediction 2021
ZIL, as the rest of the market, is tied at the hip of bitcoin’s price action. If bitcoin embarks on another bull run, ZIL can hope for one as well. Bitcoin usually has a cool-off phase after its mega bull runs and that is when the altcoins take over and have a field day with the bulls, often doubling or tripling their price within days.
With the pandemic breakout, the world was sent into hybernation for couple of months and it reflected negatively on the cryptocurrencies, sending bitcoin downhill as we witnessed even 40% daily losses. However, situation quickly stabilized and bitcoin as the flagbearer took the crypto market back up. We are in a major bull run since the summer and, if we are listening to the analytics from social media and journalistic desks, we are far away from its local zenith.
What this means for Zilliqa price in 2021?
As long as bitcoin is in the main role and pulling upwards, there is little room for ZIL to shine. It will, however, increase its USD denominated value thanks to the overall rise in crypto prices. Nevertheless, ZIL to BTC ratio will probably slump, possibly to all-time lows. This means that it is best to keep your funds in bitcoin until it reaches its provisional peak, opening the doors for the altcoins to enter the scene. Zilliqa will be among the top candidates to record big gains, as the money usually flows from bitcoin profits to bluechip altcoins and big cap coins before trickling down to the less known and smaller projects.
Read our updated review of Binance here.
The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market.
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”
As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will ZIL be among those 5%?
It is more than plausible. But Zilliqa will live and die by the sharding.
Sharding technology is of high importance, not only for Zilliqa, but for the whole cryptocurrency industry. Should this scaling solution proves its value on Zilliqa’s blockchain, it can be implemented on other networks which would lead to a huge breakthrough on one of the biggest painpoints of the whole crypto world.
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.
All of this summed up means one thing: ZIL might live through couple of orchestrated and, for a regular trader, completely unpredictable pumps but the majority of time will be murky sideways trading with small volume and no significant interest from the market.
Price will heavily depend on what BTC will do and since many analysts think BTC will not be making big moves in this year, it is hard to expect ZIL will do them either. The price will probably stagnate and record slow-moving depreciation or appreciation depending on the team activity, potential technological breakthrough or high-level partnership.
Read our updated guide on what to mine these days.
Market prediction for Zilliqa price 2021
With the market being completely unpredictable, forecasting the cryptocurrency price is really more of a gamble and luck rather than a data driven guesstimate.
Let’s throw a glance at the eminent publications and personalities, and their predictions regarding the Zilliqa (ZIL) price, which will give us another point of view to consider:
Bein In Crypto
Bein in crypto is a crypto blog that predicts Zilliqa might reach $0.09 in 2021, which is the best case scenario and $0.02 as the worst case scenario. They even mentioned that in 5 years, ZIL might even reach $0.19.
Global Coin Report
Global Coin Report, another crypto news and opinion website, is very bullish on Zilliqa because of its technological mastery and predicts that by the end of 2021, it might touch even 1 USD.
Trading Beasts
Trading Beasts is a machine powered algorithm that predicted the price of Zilliqa for 5 years time frame. They have mentioned that by 2021 end, ZIL might reach $0.16, by 2021, they might reach $1.15 and by 2022, it might even touch 5 USD mark.
Wallet Investor
Wallet Investor is traditionally taking conservative predictions and believes that ZIL might go down to $0.00373.
Zilliqa (ZIL) Future: 2025, 2030
Zilliqa (ZIL) Price Prediction 2025
Zilliqa (ZIL) Price Prediction 2030
Realistic Zilliqa (ZIL) Price Prediction
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
![Bexplus Review [2021] – It is not legit and probably a scam!](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAzMzYgMjIwIiB3aWR0aD0iMzM2IiBoZWlnaHQ9IjIyMCIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNhcHRhaW5hbHRjb2luLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGdGh1bWJzX2RpciUyRmJleHBsdXMtMi0xLXAxeTBvaWU3dDU1YTByeHJwM3ZlZ2NpcTU2cHM1NWVoYjRqdGFyNzJxZy5wbmciIGRhdGEtdz0iMzM2IiBkYXRhLWg9IjIyMCIgZGF0YS1iaXA9IiI+PC9zdmc+)
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