Zilliqa Token (ZIL) Prices Zoom By 40%; Here’s Why

Zilliqa (ZIL) token prices have skyrocketed overnight, making the token the best performer among major cryptocurrencies. 
By Ashish Kumar
zil-token

Zilliqa (ZIL), the native token on the eponymous blockchain, is among the best performing cryptocurrencies in the past 24 hours amid a surge in social media interest.

The ZIL token has surged by a whopping 40% in the last 24 hours, while its trading volume has zoomed by over 700% to $1.6 Billion in the same period.

The ZIL token is trading at an average price of $0.094, at press time. But the token is still unable to break its 30 day high of $0.1418. Zilliqa holds a total market capitalization of more than $1.2 billion.

Advertisement
Advertisement

ZIL tops LunarCrush list

LunarCrush, which monitors social media and market activity of cryptocurrencies, has reported that Zilliqa was among the most-discussed tokens in the past 24 hours.

The market and social sentiments are helping the ZIL token to surge. This price action has helped the coin to cover some part of its past dump. The ZIL token’s price has plunged by over 32% in the last 30 days

The Zilliqa token’s latest rally comes at the heels of a roadmap unveiled by CEO Ben Livshits. Livshits said that the project intends to focus on building and integrating DeFi, Metaverse and gaming applications. Looking at the future potential of the industry he also laid the roadmap to achieve these goals.

Advertisement
Advertisement

Zilliqa to collaborate with several players for upcoming Metaverse

The Zilliqa has joined forces with Blockchain Gaming Alliance (BGA) and unveiled Metapolis which it claims to be the first ‘Metaverse as a Service Platform’ built on stack technology. However, it announced the partnership with Atomic Wallet to support Zilliqa’s blockchain NFTs. The Zil token also got listed on crypto exchanges like Binance, BitPanda and BitGet.

The team recently cleared the air over Metapolis rumors. Zilliqa said that make no mistake, Metapolis is an extended reality with powerful capabilities. On the other hand, blockchain firms also surpassed 2 million blocks.

Advertisement
Ashish Kumar
Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.