Just like other cryptos, Zilliqa (ZIL) has been trading sideways since the beginning of the year. Mostly due to low volume in the market, and the fact that the much-awaited institutional money has sent mixed signals about crypto. For example, the much awaited Bitcoin ETF (BTC) is now in doubt. Then there is an increase in negative news from cryptos by major news outlets, with claims that Bitcoin will be zero. These factors can cause the crypto sideways trade for months.
Apart from all this, there is still a good chance that bulls will return to the market. Some of these indicators include the fact that after the Bitcoin (BTC) ETF was canceled a few days ago, the market did not react negatively. This can be a good indicator that the difficult times have passed the market, and only HODLER is left.
High potential cryptos such as Zilliqa are able to outperform the market with a large margin. There are a number of factors that put Zilliqa (ZIL) in a good position to outperform the market in 2019. Here are three of them.
HG Exchange Partners with Maicoin
Zilliqa partnered with Maicoin by launching an exchange for trading security tokens. This exchange will allow investors to buy shares of private companies such as Uber and Airbnb. This is a big problem and can open up the Zilliqa ecosystem significantly and can encourage new investment in Zilliqa. Not only that, a powerful marketing tool for Zilliqa (ZIL) also increases the level of activity on Zilliqa (ZIL) blockchain, thus increasing its intrinsic value.
There will be a launch of Mainnet
The launch of mainnet Zilliqa is another factor that can increase Zilliqa's level of interest, and can cause the entry of Dapps on Zilliqa (ZIL) blockchain, since Zilliqa (ZIL) is very scalable, due to the use of Sharding technology. This is the main challenge that must be faced by blockchain technology, Zilliqa can see the number of Dapps has increased significantly. With Dapps developing, Zilliqa (ZIL) can easily see massive increases in prices, because that is the original token for the Zilliqa blockchain.
The Zilliqa Team Is Increasingly Intense In Marketing
The Zilliqa team has been quite aggressive in pushing for the adoption of Zilliqa (ZIL). For example, the HG exchange is a very large technical step, also as a marketing step and has created rumors around Zilliqa that can attract investment in a bullish market, so as to outperform the market. That way we can see the Zilliqa user base growing, and significantly increase its value compared to other cryptos.
Yeah that's some of my reviews about ZIL, hope you like my post 💖💖💖💖