Zilliqa (ZIL) is one of the most volatile digital currencies in the market. The digital currency stared this year around the $0.019 level. The price of Zilliqa tested its lowest point this year on the 4th of March, at $0.016. However, the price of Zilliqa has surged significantly over that level. The last crypto bull run in April saw the price of Zilliqa surged to a high of $0.02.
Zilliqa (ZIL) Price Today – ZIL / USD
At the moment, Zilliqa is supported at the $0.015 level. On the upside, Zilliqa is facing resistance at the $0.020 level. The short-term Zilliqa price prediction is $0.02. However, the price of Zilliqa is expected to hit the $0.50 level by the end of this year.
The price of Zilliqa is riding along with the ongoing price rally in the market. The cryptocurrency market is currently deep in the green, with many digital currencies breaking over major resistance levels. The price of Bitcoin (BTC) is soaring towards the $8,000 mark.
Zilliqa (ZIL) News Today – Facebook and Zilliqa (ZIL) Partnership
There are speculations about a potential partnership between Zilliqa (ZIL) and Facebook – a social media giant. The stories are yet to be confirmed, but they are associating the digital currency with the social media giant. According to some reports, Facebook may lend some interest in its project of stable coin. The team behind Zilliqa is pushing for the mainstream adoption of Zilliqa.
If Zilliqa goes mainstream, the digital currency will see more use cases. It would also experience a significant increase in price. Zilliqa has a very strong team behind. If the team continues with its present effort and zeal, it would amass more partnership which would result in an increase in the price of Zilliqa.
According to reports, the CEO of Zilliqa is advancing agreements with top firms such as SpaceX and Uber. Recently, Zilliqa partnered with MaiCoin; this partnership attracted more digital asset investors to the digital currency. As more digital asset investors get attracted to the coin, the adoption of the coin will increase significantly. Source: Smartereum
Zilliqa Price Prediction – Zilliqa Price Analysis
Zilliqa is one of the most promising crypto projects in the crypto space. Zilliqa came into the crypto space back in 2017. Since its emergence in the crypto space, it has created a massive impression in the crypto market. There are just a couple of digital currency projects that walk with top players and leaders in the tech industry, and Zilliqa (ZIL) is one of them.
According to the latest Zilliqa price analysis on cryptorecorder, the market has dumped again after showing so much promise in the last few days. Nonetheless, for those with a long-term view of the market, this is simply an opportunity to accumulate. That’s because the current volatility is due to very few players controlling the market. However, as more investors get into the market, liquidity will deepen and market manipulation will decline. In the meantime, it is a perfect opportunity to scout for good projects that are now selling very cheaply. One such project is Zilliqa (ZIL) coin.
Zilliqa is moving really fast in terms of technical development and is a step ahead of most crypto projects. Zilliqa’s technical advancement became apparent during the recent Consensus 2019 where it was one of the projects that impressed investors the most. Investors got to learn of its breakthrough in Sharding technology, and how it can hit upwards of 2000 transactions per second. This makes it one of the most scalable projects in the market. Investors who got to learn of Zilliqa for the first time during Consensus will be excited by this project going forward, and could a role in its short-term price action.
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