The Well-Known American Stock exchange Nasdaq has recently published an article titled “7 Altcoins That Still Have Solid Potential In 2021” that include Zilliqa (ZIL) in its list.
The Nasdaq article says that because of recent sell off crypto investors are looking for low priced coins that could make new cryptocurrency millionaires.
According to article these seven coins have a strong product and true potential that make them look very attractive for crypto investors with much up side potential.
The article reads:
“There have been spectacular increases in the price of altcoins in 2021. Thus it is no surprise that the market is looking for new low-priced altcoins that could make new “crypto millionaires.” As a result of the recent sell-off in digital currencies, cheaper altcoins might look like attractive assets due to their potential upside. Therefore, today I’ll discuss seven low-cost cryptos that still have solid upside potential in the rest of the year. What a week it has been for cryptocurrencies. In a matter of days, many of the darlings among digital assets are about 50% down from their all-time-highs hit earlier in the year.”
The List include following coins:
- Basic Attention Token (BAT)
- Chainlink (LINK)
- Chia (XCH)
- Chiliz (CHZ)
- Holo (HOT)
- VeChain (VET)
- Zilliqa (ZIL)
Nasdaq Admired Zilliqa (ZIL) as an Altcoin with Solid potential in 2021
ZIL is native coin of Zilliqa. According to Nasdaq article:
“Zilliqa has become the first public blockchain to implement sharding, which is “is a way of partitioning to spread out the computational and storage workload across a peer-to-peer (P2P) network so that each node isn’t responsible for processing the entire network’s transactional load. Instead, each node only maintains information related to its partition, or shard.”
What Nasdaq article says about ZIL:
“Research regards sharding as “one of the most promising solutions to scale blockchain.” Since it can handle a large volume of transactions, enterprises are taking notice. The platform also has its own programming language, Scilla. Its mainnet was launched in January 2019..
In mid-May, Ziliqia launched SocialPay on Twitter (NYSE:TWTR). Through social engagement, Twitter users are rewarded with ZIL-USD.
Zilliqa was developed at the National University of Singapore and is backed by Neo Global Capital, One Block Capital, and other venture capital investors. The group updates the list of crypto exchanges where interested investors can buy ZIL-USD.
On the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
Tezcan Gecgil, Ph.D., has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Her passion is for options trading based on technical analysis of fundamentally strong companies. She especially enjoys setting up weekly covered calls for income generation.”
Over time Zilliqa has earned a strong reputation as a software that seeks to incentivize a global, distributed network of computers to run a blockchain platform that aims to increase user scalability through sharding.
Read: Nasdaq Article