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

By Ashish Kumar
May 5, 2022 Updated May 5, 2022
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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.

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.

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.

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]
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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