Recently, three days ago, Zilliqa Gaming introduced the latest version of Web3War with additional features. These features include a huge collection of weapon skins.
The recent update has some improvements, including optimized character movement. Several bugs that were present before have also been fixed and thus the performance of the game has been drastically improved.
Zilliqa Price Prediction: Competitor Analysis
Zilliqa is a permissionless blockchain that offers high performance because it can complete thousands of transactions in a second. Therefore, its goal is to solve the scalability problems associated with blockchain.
Two major competitors for Zilliqa are Harmony and Elrond. Let’s analyze these two competitors to predict the future of ZIL.
The Harmony blockchain facilitates the use of dApps by innovating the ways of working of decentralized applications, that is, it allows the creation of blocks in seconds.
Similarly, the Elrond blockchain also offers a very high transaction speed with the use of sharding. Let’s compare some features of Harmony and Elrond with those of Zilliqa:
| zilliqa | harmony | Elrond | |
| important public | Blockchain Developers | Blockchain developers who want to scale Ethereum applications | Developers and users who want to scale blockchain platform solutions. |
| supported platforms | SaaS | SaaS | SaaS |
| Categories | Blockchain, Crypto Staking, Tier 1 protocols and smart contracts | Blockchain, Crypto Staking, Tier 1 protocols and smart contracts | Blockchain, Crypto Staking, Tier 1 protocols and smart contracts |
| integrations | Total 30 integrations | Total 56 integrations including Binance Wallet | Total 26 integrations including Binance Wallet |
| Trend in the last 1 month | -38% | -30% | -35% |
| Trend in the last 7 days | +0.47% | -10% | -9% |
As we see that Harmony and Elrond have almost similar features as Zilliqa.
Also, their integration with Binance Wallet makes them more valuable as Binance Wallet is the official wallet for Binance cryptocurrency.
in the last
30 days, the ZIL price has decreased by almost 38% (which is almost comparable to its competitors) and has risen marginally in the last 7 days, making it a good short-term investment.
Zilliqa Price Forecast: 2023, 2025 and 2030
Although the price prediction cannot be 100% accurate, a thorough analysis and the past performance of the coin can predict its future. Let’s try to predict the price of ZIL for 2023, 2025 and 2030:
With a Coinmarketcap ranking of #94, Zilliqa has a market capitalization of $286,002,033. There are currently 13.56 billion ZIL tokens in circulation, which represents 65% of the total supply.
Its all-time chart shows that the price of ZIL has dropped almost 600% since its launch in 2018. Furthermore, there is a 365% decline in the price of ZIL in one year and 45% in one month.
Zilliqa Price Prediction 2023; Analysis suggests that 2023 may see a price top of $0.042 and a price bottom of $0.035. Also, the average price of ZIL will be around $0.036 for the next year.
Zilliqa Price Forecast 2025; According to research and analysis, the ZIL price may continue to grow by 2025 and reach a high of $0.091. The price will have a minimum level of $0.073.
Zilliqa Price Forecast 2030; reports say that Zilliqa, based on its utility, can expect another peak of $0.53 by 2030. Furthermore, the price will find a low of $0.44 by the end of the year.
Can Zilliqa make you rich?
Investing in cryptocurrencies is a long-term game. Zilliqa will not make you rich if you are thinking of a short-term investment. To make a fortune from ZIL investing, an investor must have a long-term plan.