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A Look At Zilliqa ZIL Price Prediction

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ZIL price prediction
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When it comes to cryptocurrency trading, price predictions can mean everything. An investor needs to know what to expect of the coin, which is why they often search for all the information about it that they can gather.

The trouble comes when the investors get interested in a relatively new coin. It is never easy to predict what will happen to a crypto, but it is much easier to predict the future of Bitcoin or Ethereum than that of a coin launched only months ago. Zilliqa (ZIL) is one of the younger coins that have been gaining popularity, with its ICO being held at the beginning of the year.

If you’ve noticed this coin before, or you are interested to see what to expect from it in the future, you’re at the right place. Let’s take a look at what we can expect in terms of this coin’s price in the future, according to current predictions.

ZIL price prediction

ZIL is a coin belonging to a new generation of the blockchain. It was designed to scale by using the sharding technology to increase the rate of transactions. As its network expands, the project will be able to follow, instead of losing control due to high demand. In fact, the project is bringing this technology and its use to a new level, in an attempt to show the better way.

So, what can we expect from it? Well, at the moment, ZIL’s value is $0.033396 per coin. It has a market cap of nearly $260 million, which puts it to the 35th place on CoinMarketCap’s list. The coin has a circulating supply of 7,780,347,516 ZIL, and a total supply of 12,600,000,000 ZIL.

When it comes to ZIL price prediction for the rest of 2018, it is difficult to tell what might happen due to this year’s constantly bearish market. However, ZIL plans a $5 million developer grant program which is expected to speed up its ecosystem’s growth. The program is to allow teams and individuals alike to work on creating tools, libraries, and dApps in numerous different areas. By the end of the year, some analysts expect for the coin to reach $0.20 if another price surge occurs. Other predictions are a bit less optimistic, and they include the coin being at only $0.08 by the end of December.

The further growth of the coin is also expected to come from the project’s MainNet launch. Unfortunately, it would seem that the launch, previously planned for Q3 of this year, will eventually come in January 2019, if it doesn’t get rescheduled again.

Long-term predictions

As for the future, determining the coin’s price gets even more difficult, but the most realistic expectations claim that Zilliqa is not the coin that will make you rich overnight. This is a coin that can be a valuable long-term investment, meaning 5 years or more. Some analysts believe that the coin will go up and down with the market’s trends, but that its true price will hit around $0.2133 in about five years from now.

While this is nowhere near the Bitcoin level, keep in mind that calculating the price over such a long period of time, and without any insight regarding what awaits along the way is not easy, nor especially accurate. While the predictions may come true just as easily, it is also possible that the coin will advance faster, and reach new heights much sooner. Still, it is better to play it smart, especially when it comes to the long-term investments.

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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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

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Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

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