In this guide, we will voice our own and market’s opinion on ZIL future while discussing Zilliqa price forecast for 2023 and beyond.

Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like ZIL.

Now, let’s head into it.

Before we delve deep into the Zilliqa price prediction and answer questions if Zilliqa is a good investment or not, why will ZIL succeed or fail or why will ZIL price rise or drop, let’s quickly throw a glance at what is Zilliqa and its to date history.

You can buy, trade and stake ZIL on many exchanges including the leading platforms like eToro, Cex.io, Coinbase and Binance.

A Singapore-based project called Zilliqa is strong contender for tackling the problem of scalability, and has quickly established itself as one of the hottest coins of 2018. Then they went under the radar, mostly due to their own fault and missed deadlines.

The primary strength that Zilliqa brings to the table is that it is one of the first projects to successfully harness the power of sharding as a scaling solution. While other projects (including Ethereum) are planning to implement sharding, Zilliqa was among the first to demonstrate that it can really work.

Zilliqa is not just some generic fork like many other altcoins; this is a team that tries to really build something: Scilla programming language and sharding are best proofs for that. For this reason, Zilliqa deserves props up from the whole crypto community.

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The whole crypto world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes.

When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town.

Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off.

Our algo still sees a some green in 2023, especially in the second part of the year. This is reflected in our 2023 predictions.

Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.

Once Bitcoin settles in the new price range, altcoins will start to do the same - we have witnessed this scenario dozens of times in the distant and more recent history.

Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike.

CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project.

Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.

Below is a tabular overview of how will ZIL develop in the short-term (for the next 90 days), according to our prediction model:

Read our updated review of Binance here.

Why will Zilliqa go up and rise is a very common question among the holders or potential buyers.

There is one main reason, one main avenue for ZIL to reach its goal and that is their scalability solution the so called sharding. If they manage to pull it off and implement it on a large scale, that will surely launch the project and its token to a new level.

Zilliqa is the worlds first public, permission-less blockchain that has successfully implemented sharding to scale to thousands of transactions per second. If a blockchain can, in fact, handle 2500 TPS to 10,000 TPS, we can see actual real-world use cases tested on blockchains. If Zilliqa can prove it’s technology with some real word enterprise applications, Zilliqa could become the de facto backbone for enterprise blockchain use.

Small warchest to fund their roadmap, team fatigue or infights or rogue member that could disrupt the development are all possibilities that could lead to Zilliqa failure. There are no signs of any of these threats to materialize at the present time, however, other crypto projects taught us that anything that could go wrong with them, went wrong.

That is highly doubtful, at least for the foreseeable future, because of the unfavorable tokenomics. Zilliqa has only issued 41% of its token supply and has a yearly inflation of 27% which puts it among the more inflationary projects at the moment. If Zilliqa were to reach $1, that would mean it has a $9 billion market cap under the current supply, that still has 2.5x to grow to reach total supply. Meaning, Zilliqa would have a total market cap of $23.5 billion if it were to reach $1. To talk about $10 per Zil is nonsensical.

No, judging by the team activity on social media, github, their own website. Their communities on Reddit and Telegram are also active, although much lower engagement levels are noticeable when compared to 2017. Coin is also still listed on all major exchanges which indicates that ZIL is far from a dead project.

Read our updated guide on what to mine these days.

High inflation and extremely unsafe macro situation reflected heavily on Bitcoin price in 2022. When we take the internal crypto troubles with big players like FTX, Celsius, Voyager, Luna going down, 2023 is not looking too good for the bulls. We will probably see a lot of boring sideways price action with a tendency to slip lower with each minor market tremor.

CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of the last months of 2022 and 2023:

Our prediction model sees ZIL reaching $ 0.1134 in 2025.

The price of ZIL in 5 years could lie around $ 0.0324, according to CaptainAltcoin’s prediction model.

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