Is ZIL Best New Crypto To Buy As Zilla Mainnet Upgrade Set to Go Live
Yahoo Finance·2025-11-17 12:45

Core Insights - Zilliqa (ZIL) is undergoing a significant network upgrade with the Mainnet 0.19.0 hard fork, which aims to enhance its performance and user experience [1][2] - The upgrade introduces faster unstaking of tokens, reducing the time to just seven days, and implements stricter rules for validators to ensure network reliability [1][2] - Despite a market cap of $133 million, ZIL has underperformed compared to the broader crypto market, but the recent upgrade may provide a fresh opportunity for growth [3] Performance Metrics - Currently, ZIL is trading down by 2% over the last 24 hours and 13% over the past week, indicating mixed to bearish market sentiment [4] - The price is testing the 20-day exponential moving average (EMA) at $0.006999, with a need to break above the 50-day EMA at $0.007258 for a potential upward trend [4] Long-term Outlook - Long-term projections for ZIL are optimistic, with some bullish predictions suggesting a potential 200x increase to $1 based on technological improvements and its undervalued status [5] - ZIL may attract long-term investors interested in enterprise applications such as DeFi and NFTs, rather than those seeking quick profits [5]