Zilliqa has recently rocked the crypto world after it had announced the launch of its new metaverse project, Metapolis. The release of this new platform may push Zilliqa to become one of the 50 biggest cryptocurrencies by market cap and solidify its position as one of the top crypto projects.
Understandably, many investors now have their eyes on the project’s native utility token, ZIL. How will its price behave in the future? Is it a good long-term investment? Let’s find out this and more in our Zilliqa price prediction.
This Zilliqa forecast does not constitute investment advice. Please don’t forget to do your own research before investing in any digital asset.
Zilliqa Fundamental Analysis
As a utility token, ZIL has quite substantial fundamental value. In order to evaluate it, let’s take a look at the project that it powers.
Zilliqa is a blockchain platform that aims to create an ecosystem of decentralized applications (dApps). In that venture, it is competing against such networks as Ethereum, Tron, and EOS. To pull ahead of the competition, Zilliqa introduced sharding, which significantly speeds up transactions by splitting its main infrastructure into several blockchains. All of those blockchains are connected.
ZIL, the native token of the Zilliqa network, is used to make transactions and execute smart contracts as well as to reward and incentivize all network participants. Therefore, as long as Zilliqa projects are in use, the ZIL token will have fundamental value.
At the end of March 2022, Zilliqa announced the launch of its own metaverse project — Metapolis. Currently, it is the biggest driver of ZIL’s price rally, but one question remains: Will this new project be enough to push Zilliqa’s price up in the long term? Only time will tell how well it will be received.
Although the NFT and metaverse craze has died down a bit in the last few months, the projects behind them are still going strong. There have been fashion shows organized on various VR platforms, and some artists played whole concerts in the virtual world. A lot of investments have been made into the industry, so we are unlikely to see it fade into obscurity any time soon.
However, that doesn’t guarantee the success of Metapolis — or even just its smooth launch and long-term survival. While it has a lot of potential, there’s also a lot of competition. All the hype around it and its token’s rally will help, but, ultimately, its success will be up to the project’s developers and marketing team.
ZIL will still be a valuable token even if Metapolis does not gain mainstream recognition. If it does not succeed, Zilliqa’s price can always just go back to its pre-rally averages.
Zilliqa Live Price Chart
Here’s Zilliqa’s price today.
ZILUSD Rates by TradingView
Zilliqa Technical Analysis
At the time of writing, all technical indicators were giving a “Strong Buy” signal. For an up-to-date result of ZIL technical analysis, see the widget below.
Technical Analysis for ZILUSD by TradingView
Zilliqa Price Prediction
Zilliqa Price Prediction for 2022
Although Zilliqa’s recent price rally is often called the “awakening” of a cryptocurrency that has been in decline for a while, that’s not exactly the case. Just like the rest of the cryptocurrency market, ZIL also had rallies in the spring and autumn of 2021. And now that it has another interesting project backing up its value, ZIL has all the chances to establish not only new ATHs but also a new average price that could be really high.
The ZIL price is currently fluctuating around the $0.2 price level. According to our Zilliqa price prediction, its average price in 2022 may end up being $0.25 — its current ATH.
Zilliqa (ZIL) April 2022
ZIL is now coming down from its huge rally at the end of March 2022. Many experts have pointed out that the token is massively overbought now, and a sell-off is most likely imminent. Of course, it’s possible that the hype will continue, but our current Zilliqa price prediction expects the asset to go through a correction.
Currently, we doubt that ZIL will go back to its pre-rally numbers — $0.05 should be the minimum price it hits in April. As all eyes are on this token at the moment, a temporary dip in its value is likely to lead to another mooning. Some Zilliqa price predictions even have the token rising as high as $0.35.
The current price of ZIL is very close to its previous ATH, and it has all the chances to go even higher. Our Zilliqa price analysis shows that while the token is overbought right now, it still has room to grow. If the ZIL price manages to break through the $0.25 resistance level and hits a new ATH, it may even reach $0.3 in April. However, we expect its average price to stay around the $0.25 level.
Zilliqa (ZIL) May 2022
Our Zilliqa price prediction for May 2022 is fairly optimistic. We’re expecting ZIL’s closing price to be higher than its opening price in the last month of spring, allowing it to enter the summer on a high note. Of course, that would depend on whether the current bullish trend lasts in the cryptocurrency market and whether Zilliqa’s metaverse is successful.
Many Zilliqa price predictions expect the token to decline after its rally, but we think that a new average may be established. We assume that it’s unlikely for ZIL to keep having ups and downs in May. So, according to our current Zilliqa forecast, the token is likely to hover around the $0.2 price level throughout the whole month. By the end of May, ZIL may slightly rise, reaching $0.25 again.
Zilliqa (ZIL) June 2022
We suppose that there will be another bull run in June 2022, but, of course, things may change. If it does happen, Zilliqa’s price may try to break through the $0.3 and $0.35 resistance levels. Alternatively, ZIL may go back to the $0.15 price level.
Zilliqa (ZIL) Price Prediction for 2023
In 2023, Zilliqa will likely closely follow all the crypto market trends just like it did in the past. If its metaverse project ends up being successful, the token’s average price may rise to $0.35 throughout the year. Our Zilliqa price prediction for 2023 is, however, a little more conservative. While we do think that the price of ZIL can reach a maximum of $0.35 and more next year, we’re expecting its average price to stay around the $0.3 mark.
Zilliqa (ZIL) Price Prediction for 2024
Most price predictions are bullish on this token in the long term and see it establishing a new average of $0.35 or more in 2024. Well, if things go well for both ZIL and the crypto market, we could see that happening! However, our current Zilliqa forecast has the token going back to an average price of $0.26 in 2024. We don’t see it growing much unless there is some unexpected news and don’t think the project is likely to overtake Ethereum or Cardano — at least, not at the moment.
Zilliqa (ZIL) Price Prediction for 2025
The price of Zilliqa in 2025 will likely continue to behave in the same way it has been doing throughout all the years of its existence: following the general trends in the crypto market, rallying when there is good news, and so on. However, we think that its average price may begin to rise again in 2025.
Our Zilliqa price prediction for 2025 is a maximum of $0.57, a minimum of $0.19, and an average of $0.31.
Zilliqa (ZIL) Price Prediction for 2030
It’s hard to say what the price of Zilliqa will be in 2030. If its projects take off and find mainstream popularity, it may even reach $1. Alternatively, it can become a shitcoin due to some unfortunate regulations involving crypto and blockchain technology. Although the latter is highly unlikely, there is a myriad of possibilities, and it’s nearly impossible to make a price prediction that far into the future.
For the time being, let’s say that the average price of ZIL in 2030 might be $0.5. After all, it’s an interesting project that clearly knows how to attract both funding and the public’s attention, so there may be good things waiting for it in the future.
Can Zilliqa reach $1?
While it is unlikely that we will see the future price of ZIL equal $1 any time soon, it is definitely possible.
Why is Zilliqa going up?
Zilliqa has been going up lately because of the announced launch of its new metaverse project.
What is the Zilliqa coin used for?
ZIL is used to enable and scale dApps on the Zilliqa blockchain network.
Can Zilliqa reach $10?
Not really, no. According to our Zilliqa price forecast, the token is unlikely to reach $10 in the near future.
Can Zilliqa reach $100?
No. Zilliqa’s price has never even reached $0.5, much less $5. One hundred dollars seems out of reach of this token, but it’s fine — for a cryptocurrency, a market cap matters more than its actual price when it comes to determining its value.
Is Zilliqa any good?
Zilliqa can be a good investment if it fits your portfolio. It is a high-risk, high-reward asset that has regular rallies and solid long-term potential backed by its fundamental value.
Is Zilliqa legit?
Zilliqa is not a scam: it is the native token of a real project.
Is Zilliqa built on Ethereum?
ZIL tokens were initially released on the Ethereum blockchain as ERC-20 tokens but were later transferred to the Zilliqa mainnet.
Is Zilliqa better than Cardano?
Both Zilliqa and Cardano are excellent projects that aim to solve some real-world problems with blockchain technology. At the moment, Cardano is a bigger and more popular project, but that may change in the future. Whether one of them is better than the other is entirely up to your personal preference.
Is Zilliqa worth staking?
It depends on your ZIL investment strategy. If you are waiting for a good opportunity to cash out, staking may not be for you — the fees are too high to stake it for one or two months only. If you want to play the long game and are willing to wait, then it will be worth it.
To exchange, buy, or sell Zilliqa at great rates and with low fees, use the widget below or head over to our website. Alternatively, you can also buy Zilliqa coins using our mobile app.