ZIL Price Prediction

Zilliqa is committed to delivering a scalable and secure platform for developers and enterprises who wish to build decentralized applications.

Zilliqa leverages on silicon-smooth, speedy and cost-effective blockchain platform to catalyze and transform digital infrastructure across all global communities and industries. Born at the National University of Singapore, Zilliqa was the brainchild of a team of academics, entrepreneurs, and engineers. Given the advancements in Zilliqa, we could soon start seeing a big uptrend in ZIL price.

Early Mover Advantage

With the launch of their mainnet in January 2019, they became the first public blockchain platform in the world to successfully utilize sharding as a scaling solution. Their unique application of sharding allows the blockchain to scale in a linear fashion. This ensures that the Zilliqa platform can scale to meet the needs of a growing ecosystem of miners and applications.

Scilla

Zilliqa is powered by the first peer- reviewed and safe-by-design smart contract language called Scilla. Using functional programming design principles (as in OCaml) allows it to be friendlier towards static checks and formal verification.

Eco-Friendly Dual Mining

Because of Zilliqa’s consensus mechanism, the ecological footprint of mining has considerably been reduced. Only 1 minute out of every 2-3 hours is needed to mine ZIL, allowing one to dual-mine other chains at the same time.

Let us review ZIL Price

ZIL/USD – Price Prediction

ZIL is currently trading above the support zone of $0.1537. As long as ZIL is above this zone, we could start seeing a move towards $0.2206, $0.2385, $0.2614, $0.3275 and $0.4343. Failure to hold the support at $0.1537 could lead to a drop towards $0.1309.

ZIL is currently trading at $0.1845 with a market cap of $2,198,827,243 and its 24 hour trading volume was $223,653,654.

Join us on Telegram to receive free trading signals.

For more information on cryptocurrency, visit the Altcoin Buzz YouTube channel.

Images courtesy of TradingView.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.