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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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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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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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