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

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Zilliqa

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

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Altcoins

Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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Altcoins

BITTREX GLOBAL CONFIRMS FREE TRADING AND LISTING FOR TOP DEFI TOKEN

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Valduz, Liechtenstein, 17th November, 2020, // ChainWire //

International cryptocurrency exchange promotes free trading and no gas fees for leading DeFi tokens

17th November 2020 — Bittrex Global GmbH. announced today 8 new DeFi tokens will be listed this week including:

  • UMA (UMA)
  • Aave (AAVE)
  • Balancer (BAL)
  • REN (REN & renBTC)
  • Kyber Network (KNC)
  • Band Protocol (BAND)
  • YF Link – (YFL)

Bittrex Global’s users can trade all of their DeFi  tokens with no trading or gas fees until 2021. The decision to enable free trading on Bittrex Global for DeFi tokens  follows on from the 1,000% growth of the DeFi asset class over the course of 2020.

The decision to enable free transactions will see more investors enter the Blockchain Act’s digital asset regulatory system, supervised by the Financial Market Authority in Liechtenstein (FMA) under the Due Diligence Act which requires traders to comply with the KYC/AML/CFT standards.

“The last year has seen huge growth in DeFi as an asset class and a number of significant milestones completed,” said Bittrex Global’s CEO Tom Albright. “As the asset class matures and more institutional and professional investors look at the fundamentals, we are likely to see increased demand and higher trading volumes for DeFi in 2021.

We’re really excited about what we’re seeing in the space and want to see these DeFi projects grow and help them build stronger platforms through increased adoption. Offering free trading fees…

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