Zilliqa (ZIL), the native token on the eponymous blockchain, has been one of the best performing cryptocurrencies in the last 24 hours, thanks to increased social media awareness.
The ZIL coin has increased by 40% in the last 24 hours, while its trading volume has increased by nearly 700% to $1.6 billion within the same time frame.
At press time, the ZIL coin was trading at an average price of $0.094. However, the token has yet to surpass its 30-day high of $0.1418. Zilliqa has a market valuation of about $1.2 billion.
ZIL tops the list of LunarCrush.
According to LunarCrush, which tracks cryptocurrency social media and market activity, Zilliqa was one of the most-discussed tokens in the last 24 hours.
The ZIL coin is gaining traction as a result of market and societal sentiment. This price movement has assisted the coin in recouping some of its recent losses. In the previous 30 days, the price of the ZIL token has dropped by more than 32%.
The latest rally in the Zilliqa token follows the release of a roadmap by CEO Ben Livshits. According to Livshits, the initiative will focus on developing and integrating DeFi, Metaverse, and gaming apps. In addition to laying out the route for achieving these goals, he looked at the industry’s future possibilities.
Zilliqa will work with a number of participants on a forthcoming Metaverse project.
The Zilliqa has partnered with the Blockchain Gaming Alliance (BGA) to launch Metapolis, which it says is the first ‘Metaverse as a Service Platform’ built on stack technology. It did, however, announce a collaboration with Atomic Wallet to support Zilliqa’s blockchain NFTs. The Zil token has also been listed on cryptocurrency exchanges such as Binance, BitPanda, and BitGet.
The team recently clarified the Metapolis speculations. Make no mistake, according to Zilliqa, Metapolis is an expanded reality with immense capabilities. Blockchain companies, on the other side, have also crossed 2 million blocks.