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$4.45 By End Year and Other Zilliqa (ZIL) Price Predictions

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Zilliqa
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The Zilliqa (ZIL) project has been defined by some, as the revolutionary new kid on the block that shall introduce sharding and transaction scaling on a level that has not been seen before. The Zilliqa MainNet that is scheduled for launch later on in the third quarter of this year, will be able to muscle it out with heavyweights such as Ethereum (ETH) and other new blockchains such as Tron (TRX) and EOS (EOS).

Therefore, and amidst such expectations of what Zilliqa can achieve, do we find numerous price predictions on the world wide web. As a benchmark for this conversation, let us look at the current market value of the ZIL token at the moment of writing this. Referencing coinmarketcap.com, we find that ZIL is currently valued at $0.127 and up 1.07% in 24 hours.

So what are the price predictions available?

The first price prediction is from Reddit and puts ZIL at $0.50 in a year’s time from when the post was made. Looking at the date on the Reddit post, we see that this estimate was made in April. Therefore, the Reddit contributor expects ZIL to be worth $0.50 by next April.

A second price prediction puts ZIL at $0.60 by the end of the year. This price prediction available online is based on historical data and using a combination of linear and polynomial regressions. The authors of the price prediction go-ahead to issue a disclaimer that they cannot predict prices with total certainty and their input should not be used as investment advice.

The third and most interesting price prediction puts ZIL at an amazing $4.45 by the end of the year. This price prediction is based on a custom algorithm that has detected that ZIL is a fantastic investment. They too seem to share the notion that ZIL is the true Ethereum killer and not Tron or EOS.

The fourth price prediction that also reiterates that Zilliqa is a worthy investment, puts ZIL at a value of $2.87 by the end of the year. The price prediction is also based on historical data and that ZIL has a solid product that has allowed the value of the token to persevere through hard times in the crypto-market.

One general theme can be seen from all the four price predictions shared above is that Zilliqa is headed places in terms of market performance and delivering on the goals outlined on the project’s road-map. The question now is, is it worth taking the risk investing in ZIL? Or should you hold on to your current coins in your HODL portfolio?

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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