Zilliqa value explodes on news around its own metaverse

We may all be wondering where the crypto market is headed next year, but one topic that continues to grow in popularity is the metaverse. Many crypto networks revolve around the metaverse, including Zilliqa. As Zilliqa makes its big Metaverse announcement today, its ZIL token is gaining in value. In this short article we will explain what ZIL is and whether you should buy it now.

What is ZIL?

Zilliqa is a public, permissionless blockchain that offers high throughput and can complete thousands of transactions per second. It seeks to solve the blockchain scalability and speed problem by using sharding as a second-level scaling solution. The platform houses many decentralized applications and from October 2020 will also enable staking out and crop farming.

Development work for Zilliqa officially began in June 2017, and the testnet went live in March 2018. A little over a year later, in June 2019, the platform launched its mainnet.

Zilliqa's native utility token, ZIL, is used to process network transactions and execute smart contracts.

Should I Buy ZIL Today?

Do not make any investment decisions without thinking carefully about them. Read analysis and price forecasts, and take all recommendations with caution.

ZIL price forecast

Wallet Investor is optimistic about the token. Expect a long-term increase with a price prediction of $ 0.45 in 5 years. If you invest $ 100 in ZIL now, your investment could be as high as $ 545 in 2026.

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