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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

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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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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