Zilliqa Coin - Brief Overview

in #cryptocurrency6 years ago

Hello Friends,

Today i am again here with some information about one more coin - Zilliqa (zil) Coin.

Zilliqa.jpg

Zilliqa (Zil) is one of the most recent cryptocurrencies that made their way to the traders across the world. It was introduced on January 25th of this year, at the time when almost the entire market was in shambles due to the plummeting in Bitcoin’s price. It is now a well-known fact that Bitcoin is the largest cryptocurrency that currently exists in terms of both market capitalization and price. Despite these two facts, the debacle in January 2018 made this coin susceptible to volatility and various security threats thereby creating considerable doubt in the crypto-traders’ minds. Under the circumstances, making progress as a recently introduced coin is incredibly difficult for any currency. But Zilliqa made this ostensibly impossible job possible with its sui generis features.

Zilliqa was introduced as the first through-put public blockchain in the world and started making inroads right after its tokenization preceded by a successful ICO token sale. This unique feature accompanied by several others has helped this coin grabbing attention of a significant number of traders. As a result, there hasn’t been any major downfall in this currency’s price and market cap so far and Zilliqa managed to gain a commendable position on Coinmarketcap toppling many potential big guns. Here, Zilliqa Sharding, one of the most recently implemented processes of Zilliqa would be discussed along with other major advantages to accentuate the fact why holding onto this coin would be a judicious decision this year.

Current Position of Zilliqa : -
As of 21st May 2018, Zilliqa holds the 25th position on Coinmarketcap with a price nearly equivalent to $0.15 and a market capitalization of nearly 1 billion USD. The currency continues its bullish run as both the price and market cap charts are showing a steady upward trend.

Zilliqa possesses one of the most efficient development teams in the crypto-world and is constantly making new ameliorations for their holders. According to their latest progress report, they have improved their testnet deployment system along with making major changes to their main protocol. This coin has been able to get a position among the top thirty currencies within a few months. Hence judging by this trend it can be inferred that Zilliqa holders can be hopeful about a very profitable 2018.

Thanks for reading friends!!!

Will be back with Information on another coin Next time.

If you want me to cover any particular coin please let me know.

Source Link : https://goo.gl/5TPTYm

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Zilliqa had quite a run up. Now it is down more than 60% from its high. So, if one invests now, this is a good risk reward ratio set up for buying Zilliqa with potential Bitcoin ETF being passed.

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