Get $10 Free Crypto | Open Your Bybit Trading Account Now

Price Action

Since last week, Zilliqa’s price went up by 6.57%. It is above its 20 day moving average by 10.13%, so it’s somewhat away. Zilliqa’s bullish momentum, based on its distance from its 20 day moving average, is above average relative to our index of cryptocurrencies. Regarding volatility, Zilliqa is more volatile than roughly 54% of coins in our index, so it’s volatilty is about what you’d expect for a cryptocurrency in our index. If volatility over the past three weeks is any indication of what’s to come, we can expect Zilliqa to bounce between 0.004561826 and $0.006272374 US dollars per coin.

Where to trade Zilliqa (symbol: ZIL): Gate, Yobit, Stex, Binance, DDEX, ETHfinex

Volume Update

In the week prior, the daily volume for Zilliqa has ranged between 10,476,934 and 53,161,778 currency units. Over the past three weeks, the trend in both volume and price have clearly been up. The past 7 days saw Zilliqa’s trading turnover — meaning the percentage of its available supply that was traded — come in at 0.5%. Its turnover rate is more than approximately 42.11% of the cryptocurrencies in our index, so it’s middle-of-the-pack; investors/traders may thus wish to consider their liquidity requirements to make sure the coin matches their needs and their expected trading volume.

Engagement Update

Over the past week, Zilliqa saw its holders go from 33,738 to 33,727, an increase of -0.03%. And in regards to cumulative transactions logged on the blockchain, they went from 421,244 to 421,345, which amounts to a change of 0.02%. The combined engagement growth rate (growth rate in holders plus growth rate in transfers) of Zilliqa is thus at -0.01% which, relatively speaking, is ahead of 6.10% of the cryptocurrencies we’re tracking. This growth rate suggests the coin’s usage is not growing much at all.

Technology Development Status

Zilliqa currently has 25 public repos on GitHub, with the oldest one clocking in at 2.08 years young. The last recorded update to its public repositories was within the past week which is not bad, as the coin is still being updated routinely. Zilliqa’s repos that are visible to the public collectively have 1242 watchers — specifically, that’s more than 74 % of the top 100 coins we’re looking at. The coin has 238 issues reported across its public repositories. Relative to the number of watchers it has, though, its open issues count is a bit below average, and thus potentially concerning. We view the ratio of open issues on Zilliqa’s GitHub repos relative to the number of developers who follow its repos as a way to quantitatively assess the health of a coin’s software development processes, and for Zilliqa we see that it fares better than only 37% of the coins we group Zilliqa in.

Zilliqa News and Commentary

The top 2 themes being discussed about Zilliqa in the past week are listed below. Where available, we included a snippet of the article that we thought might be interesting.

Zilliqa and Oxford Women in Computer Science Society Join to Bring Diversity to Blockchai


The workshops are being launched with the Oxford Women in Computer Science Society (OxWoCS) and will be open to all students currently enrolled at the University of Oxford….Zilliqa, the high-throughput public blockchain platform is running a series of blockchain education workshops, with the University of Oxford, in the UK in order to champion greater diversity and inclusion across the sector.

Help test the new Zilliqa multisig wallet! – Zilliqa — Offic

Article by SixJupiter


Get $10 Free Crypto | Open Your Bybit Trading Account Now


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.