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Zilliqa is a blockchain platform for decentralized apps under development attempting to address blockchain scalability primarily through sharding.
Zilliqa (ZIL) has a max supply of 21B tokens, and around 12B are circulating.
Zilliqa is a perfect example of a token in Accumulation Phase.
Accumulation Phase.
you can find a good explanation of it.
The accumulation phase of ZIL started more or less in mid May and it's still going on.
You can zoom out and check the YTD chart.
You will notice the accumulation phase, the price in the last 5 months has been between 0.05$ and 0.15$.
Because ZIL is a great token (you can do some research about it), it has good fundamentals, ZIL is a good investment for this bull run.
Right now the market cap is 1.3B $, and potentially it can go to x5 (or more).
ZIL, for me, it's an obvious buy between the range of 0.07 - 0.10$.
When the accumulation phase will end, the price should sky rocket.
Everybody is a genius now (me too LOL), I'm here to point out just the ZIL has been in an accumulation phase for a long period.
So if you interested in investing in it, DYOR and:
TRADE WELL!
PLEASE REMEMBER
DO YOUR OWN RESEARCH before investing your money.
PS: I’m not a financial advisor, never invest all your money in crypto
