Read everything about the Zilliqa Price.
Follow the Zilliqa price in euro
In the price chart shown above, you can see the current Zilliqa price. The chart is set to show the Zilliqa price for the whole day, i.e., 24 hours, by default. The current Zilliqa value is displayed in the top left corner of the price chart.
It is to be noted that the traditional stock markets have a fixed working time. The usual starting and ending time during the weekdays is 9 AM and 5.30 PM, respectively. Zilliqa, on the other hand, is traded 24 hours a day throughout the year, without any break.
Moreover, the performance of the Zilliqa (ZIL) price can also be seen in the chart for different time durations like seven days (7D), 30 days (30D), for an entire year since the start of the respective year (shown by year to date, i.e., YTD) and since the first listing of Zilliqa (for all-time, denoted by ALL). The chart shown above is presented by Bitvavo.
ZIL price in euros and dollars
The information given below provides an insight into Zilliqa’s performance during the past 24 hours. It provides different details like the highest price, lowest price, total market capitalization and market volume. These values are presented both in euros and in dollars. Moreover, the percentage increase and decrease values for the past week and month are also presented.
You can click on EUR and USD to switch between euros and dollars.
Disclaimer: Please duly note that the price given above may vary by a few euro cents or dollars as compared to the rates provided in the chart placed at the top of the page. The reason is the provisioning of the data by two different suppliers.
The history of Zilliqa’s price
Zilliqa was introduced in 2017 as a public blockchain aimed at increasing efficiency and reducing the network requirement. It revolves around the concept of sharding and is intended to solve the scalability issues of existing cryptocurrency networks. Since its launch, it has achieved good milestones.
The major of them being the token swap, the launch of Mainnet, and the partnership with some significant entities, such as, Switcheo, Deloitte and Chainlink.
The token swap started from the first quarter of 2019 and commenced in the first quarter of 2020. In token swap, ERC20 ZIL tokens from the Ethereum (ETH) network were converted to native ZIL tokens at a ratio of 1:1.
Zilliqa’s Mainnet, on the other hand, was launched in the first quarter of 2019. The launch of Mainnet helped the world to use sharding for scalability issues. Just after its launch, a high increase in its price was observed, and the all-time-high was in May 2018.
After that, the price started declining. The Zilliqa price almost remained constant from the second quarter of 2019 to the second quarter of 2020. But as soon as the token swap was commenced, Zilliqa’s price again started increasing.
Zilliqa historical prices
The table below shows the historic Zilliqa prices over the past week.
How is the Zilliqa price established?
The Zilliqa’s price is established on the same lines as the stock markets are. This establishment is usually dependent upon supply and demand. The crypto traders receive orders for different amounts, and if the demand surpasses the amount available for supply, then the price increases. On the opposite, if the amount of Zilliqa coin existing in the market is much higher than the actual supply, then the Zilliqa price will go down. In short, the Zilliqa price has varying behavior throughout the day.
Moreover, quarterly results are not published by Zilliqa. Instead, it produces results on a daily basis, which leads to the determination of the current price on daily terms. With the increase in the fascination towards the digital currency, and more people agreeing to the notion that digital currency is the currency of the future, there exist some issues. The major issues being the volatile nature of the digital currency and the lack of awareness of the old investors about such types of currency.
The Zilliqa price is not just determined by the balance between supply and demand, but also by some other factors. For example, with a rapid increase in the Zilliqa value over time, more people are attracted to it thinking that they will mis the boat. Other influencing factors include the role of social media in bringing young investors, investors making certain critical statements about Zilliqa, and the positive and negative news about Zilliqa.
Zilliqa price prediction
No one can predict the price of a cryptocurrency and its sustainability in the market. The reason is that it’s not the work of any fortune teller. However, a thorough review of the existing literature exhibits that crypto is a bullish market, and it is hard to make almost accurate predictions in this field. Due to this very reason, Zilliqa price predictions are mere predictions, and nothing close to reality. However, we are sure of one thing, and that is the volatility of Zilliqa price will remain intact for some time, which means the rapid price fluctuations. These large price fluctuations make Zilliqa attractive to invest in for most investors and traders.
In a nutshell, the Zilliqa price predictions can be made based on the news items, developments, partnerships, and roadmaps, etc.
What do you need to take into account with the Zilliqa price?
The essential things to be taken under consideration with Zilliqa price are its volatile nature and the rapid fluctuations in the price. It is also considered an aggressive investment entity, which means that you should not invest more than you can afford to lose. Although, Zilliqa holds a bright future and we are positive about it. Still, we would ask you to invest wisely.
Frequently asked questions about the Zilliqa price
How often is the price updated?
The Zilliqa price is updated instantly in a real-time manner. But it is not always the case. As we are relying on the suppliers for the latest price, so there could be a delay of a few seconds as well.
Can I see the ZIL value in EUR and USD?
Yes, the currency is displayed in both dollars and euros. The graphs shown above have the option to switch between USD and EUR upon requirements.
How far can I look back in the past?
You can look back till the first listing of Zilliqa in the year 2018 by selecting ALL options provided in the widget above.
What other information can I see?
Other than seeing the real-time price of ZIL, you can also look at the market capitalization, the highest and lowest price, the percentage increase/decrease for the past 24 hours, a week, or a month. You can also see the historical price in euros and dollars.