A project based in Singapore called Zilliqa is a strong contender to tackle the scalability problem and has quickly established itself as one of 2018 ‘s hottest coins.
Then they went under the radar, mostly because of their own fault and the deadlines they missed.
Since its inception, Zilliqa has generated many speculations and some of them have also come true.
The team was recently anticipated to be discussing a collaboration with Facebook to fund the production of the latter’s stable coin project.
Even the crypto discusses alliances & investments from some of the key players on the market including Uber & SpaceX.
Recently Zilliqa has partnered with MaiCoin to power digital exchanges.
The collaboration has become the town’s talk & brought attention to the platform from other market players.
Key Zilliqa Points
- The engineering team at Zilliqa is strong in both technology and industry. An active community and strong partnerships bolster a solid network.
- Testnet by Zilliqa now matches transaction speeds by Visa, beating existing blockchains including Bitcoin and Ethereum. The sharding approach uses a PoW Consensus hybrid model for more successful mining.
Zilliqa price forecast or you might say Zilliqa forecast is done by applying our in-house deep learning (neural network) algorithm to ZIL’s historical data.
The system predicts the price of Zilliqa (ZIL) for various periods of the future based on the historical price input data.
The most prominent explanation is that it has made its position for listing on one of the most reputable exchanges, one of which happens to be Binance, where liquidity is very high.
Strengths of Zilliqa
The key strength Zilliqa brings to the table is that effectively harnessing the power of sharding as a scaling solution is one of the first projects to do.
While other projects (including Ethereum) are planning to implement sharding, Zilliqa has been among the first to prove it can actually work.
Partnerships are usually a good reason for any intraday pump, e.g. roadmap implementation.
Mainnet launch or listing on a new exchange (mega-pump).
You’ll easily get the interest from the Zilliqa web site.
Zil Price Prediction 2020
Its price lurks at about $0.1 in early August 2020 with steady growth following some encouraging news about the coin.
We hear Zilliqa on the internet forecasting various values.
But the estimate that is most circulated and discussed is that it will reach $1 by year-end.
Too much of the fate of Zilliqa is based upon the failure success of sharding.
If sharding works like advertised could potentially eclipse Zil all-time high of $0.23 by the end of 2020
Zil Price Prediction 2021
The network will have real value, and there will be many transactions going on throughout the day, bringing value to the ZIL coin.
That’s it, if all goes well.
It’s hard to say whether Zilliqa manages to catch up in the race or even take a place ahead of Ethereum when you consider the number of people working on Ethereum to the tight core of developers who are contributing to Zilliqa.
Our 2021 prediction is $1
Zil Price Prediction 2025
If ZIL maintains its relevance in the industry and succeeds in keeping pace with their competition, it will certainly be worth 100x+ more than it is now.
We put Zil price by 2025 at $5
Zil Price Prediction 2030
If crypto does what it says we can expect major prices in 2030.
We have predicted a price of $50 by 2030. Yes $50. Probably a lot earlier.
What Could go wrong?
There are few reasons which go against it with adequate positive signals.
A few respectable names happen to exist as partners unlike Ethereum, Ripple and other major coins.
This ecosystem is run by a nonprofit organization rather than a foundation.
10 per cent of the token supply goes to the company in such setups, and 12 per cent to the research foundation.
Zil to the moon?
Zilliqa is a decent project that attempts to solve the problem of scalability by adding a unique and complex sharding mechanism.
The team looks able to deliver on their promises and their accomplishments would be important for the entire blockchain space.