AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- As a permissionless blockchain network, Zilliqa (ZIL) offers the users a higher transaction per second speed with multiple throughputs.
- The ZIL crypto offers a host of features that are common to other crypto networks such as smart contracts, quicker transaction settlement, and token issuance.
- The Zilliqa token had a trading volume of US$14,16,14,595 and was trading at US$0.039025 with over a day.
As a permissionless blockchain network, Zilliqa (ZIL) offers the users a higher transaction per second speed with multiple throughputs. The Zil crypto offers a host of features that are common to other crypto networks such as smart contracts, quicker transaction settlement, and token issuance.
Through its proprietary language, Scilla, the developers can seamlessly run various programming logic and develop new DApps to offer a variety of services. On 4 June, the token has been witnessing a positive uptick of 2.47% and a minor volume gain as well of over 21%, according to CoinMarketCap.
What is making Zilliqa rally?
ZIL crypto's rally seems to be due to the announcement of an AMA session with ZIL’s Tiago Serodio, Head of Community and Metamouse_Pay CEO Alexander Savy. Metamouse_Pay happens to be a crypto payment platform that is built for Web3, DAOs, and other crypto natives.
The post seems to indicate the partnership agreement between the two entities and during the AMA session, they will be shedding more light on the mass adoption of crypto for various payment solutions among other topics.
The ZIL crypto seems to have lost the momentum that it had gained last month and seems to be levelling up at the moment. The RSI of the ZIL token stood at 44.28 during the intra-day trading session.
Image credit: Trading View
The MACD indicators too are suggesting that the signal line is parallel to the MACD line at the current moment. This may be due to the losses that the token saw over the past week when it lost close to 15%, according to CoinGecko.
How is Zilliqa crypto faring?
The Zilliqa token had a trading volume of US$14,16,14,595 and was trading at US$0.039025 with over a day. The 71-ranked token had a live market cap of ZIL was up by 39.34% in the past 24 hours, with a live market cap of US $50,73,44,206 and 13,00,06,46,911 ZIL coins in circulation.
With the global market struggling of late, extreme volatility is being witnessed by the majority of cryptos, including the ZIL token. Therefore, the market participants would do well if they would tread carefully and do proper market research before making big decisions.
Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instruments or cryptocurrencies, you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete, or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.
