Zilliqa - Frequently Asked Questions

Question 1

What is Zilliqa?

Sharpe Labs · Accepted Answer

Zilliqa (ZIL) is a token developed in the year 2017. Zilliqa is mainly based on the concept of Sharding and primarily aims at improving the scalability of the cryptocurrency networks as in case of Bitcoin or Ethereum. The white paper mentions that the transactions speed would be approximately a thousand times more than that of Ethereum network. Ziliqa is fast, secured and decentralized. Zilliqa’s high throughput means that you can focus on developing your ideas without worrying about network congestion, high transaction fees or security which are the key issues with legacy blockchain platforms. Zilliqa network uses a concept called Sharding where the transactions are grouped into smaller groups and divided among the miners for the parallel transactional verification. Developing smaller groups for transactional verification means the Consensus can be reached faster and hence a higher number of transactions can be processed in a given time frame. The capacity of the network linearly increases in other cryptocurrencies as the number of people joins the network, but in this case, the capacity is increased at a higher variable rate than the number of members joining the network. By incorporating the Sharding Technology, it can completely revolutionize the smart contract functionality too. Ziliqa has few pros as it has a great new technology. Zilliqa is the first platform to use sharding technology. This puts it ahead of the rest of the market. It’s a completely new kind of blockchain designed to solve the problem of scalability. Third-generation platforms like Zilliqa could be the big winners in the future of cryptocurrency. Ziliqa has a strong community. The platform has a lot of fans. The Zilliqa ICO only happened because there was so much demand for it. The Zilliqa ICO also shows that the crypto community is ready to see blockchain technology move to the next phase of its development. Zilliqa operates on the Binance Smart Chain blockchain network. For more information, visit the official Zilliqa website at https://www.zilliqa.com/

Question 2

What is the current price of Zilliqa?

Sharpe Labs · Accepted Answer

The current Zilliqa price today is $0.00668153 USD. The Zilliqa (ZIL) price has increased by +0.52% over the last 24 hours. The real-time Zilliqa price is up and updated live based on trading data from decentralized exchanges. You can track ZIL price movements to make informed trading decisions.

Question 3

Where can I track Zilliqa price?

Sharpe Labs · Accepted Answer

You can track Zilliqa (ZIL) price in real-time on Sharpe DEX Scan at https://sharpe.ai/dexscan/binance smart chain/zilliqa. Our platform provides live Zilliqa price updates, 24-hour price change percentages, interactive TradingView charts with technical indicators, real-time trading volume data, and ZIL holder analytics. The Zilliqa price is updated every few seconds, ensuring you have the most accurate market data for trading decisions. Track ZIL price movements across multiple timeframes, monitor trading volume trends, analyze holder distribution patterns, and view recent Zilliqa transactions all in one place. Sharpe AI DEX Scanner is the best platform to track Zilliqa price with professional-grade analytics and real-time market data.

Question 4

How many holders does Zilliqa have?

Sharpe Labs · Accepted Answer

Zilliqa currently has 21,352 token holders on the Binance Smart Chain blockchain network. The Zilliqa holder count represents unique wallet addresses that actively hold ZIL tokens. The number of Zilliqa (ZIL) holders is regularly updated and reflects the size and growth of the Zilliqa community. More holders typically indicate stronger adoption and community support for Zilliqa. Join the Zilliqa community: Twitter: https://twitter.com/zilliqa, Telegram: https://telegram.me/zilliqachat

Question 5

What is the circulating supply of Zilliqa?

Sharpe Labs · Accepted Answer

The Zilliqa circulating supply is currently 19,582,280,629 ZIL tokens. The total Zilliqa supply is 561,654,588 ZIL tokens. As of now, 3486.5% of the total ZIL supply is in active circulation, meaning most of the total supply is available for trading. Zilliqa (ZIL) token supply metrics are essential for calculating market capitalization, understanding token distribution, and evaluating scarcity. The circulating supply of Zilliqa directly impacts the token's market value and price dynamics.

Question 6

How to buy Zilliqa?

Sharpe Labs · Accepted Answer

To buy Zilliqa (ZIL) on Sharpe AI DEX Scanner, click the Buy button located at the top of the Zilliqa page. This will open a trading interface where you can connect your cryptocurrency wallet (such as MetaMask, Trust Wallet, or Phantom for Solana). Once connected, the interface will show you the current Zilliqa price and allow you to enter the amount of ZIL you want to purchase. The Buy button connects directly to decentralized exchanges, making it easy to swap your tokens for Zilliqa. Always verify you have sufficient balance in your wallet and review the transaction details including gas fees before confirming your purchase. Track ZIL price movements on Sharpe AI DEX Scanner to find the optimal entry point for buying Zilliqa.

Question 7

How to sell Zilliqa?

Sharpe Labs · Accepted Answer

To sell Zilliqa (ZIL) on Sharpe AI DEX Scanner, click the Sell button located at the top of the Zilliqa page, next to the Buy button. This will open a trading interface where you need to connect your cryptocurrency wallet that contains your ZIL tokens. Once your wallet is connected, the interface will display your current Zilliqa balance and allow you to enter the amount of ZIL you want to sell. The Sell button connects directly to decentralized exchanges, enabling you to swap your Zilliqa for other tokens like USDT or USDC. Review the current Zilliqa price, check the transaction details including slippage tolerance and gas fees, and confirm the transaction in your wallet. Use Sharpe AI DEX Scanner's real-time price charts and trading volume data to determine the optimal time to sell ZIL for maximum returns.

Question 8

Is Zilliqa a good investment?

Sharpe Labs · Accepted Answer

Whether Zilliqa (ZIL) is a good investment depends on multiple factors including your risk tolerance, investment goals, market conditions, and thorough research. Zilliqa currently has 21,352 holders, which indicates the level of community adoption. Before investing in Zilliqa, consider: 1) Research the project's fundamentals, team credentials, and roadmap. 2) Analyze ZIL tokenomics, including total supply, circulating supply, and token distribution. 3) Review the Zilliqa whitepaper and use case to understand the project's value proposition. 4) Monitor ZIL price trends, trading volume, and market sentiment on Sharpe AI DEX Scanner. 5) Check Binance Smart Chain blockchain explorer for contract verification and transaction history. 6) Assess Zilliqa community engagement and social media presence. Cryptocurrency investments carry significant risk due to market volatility. Zilliqa price can fluctuate dramatically in short periods. Never invest more than you can afford to lose, diversify your portfolio across multiple assets, and consider consulting with a financial advisor. Use Sharpe AI's real-time analytics to track Zilliqa performance metrics, holder distribution, and trading patterns before making investment decisions.

Question 9

How can I view Zilliqa transactions?

Sharpe Labs · Accepted Answer

You can view Zilliqa (ZIL) transactions in real-time on Sharpe AI DEX Scanner. The Transactions tab displays all recent Zilliqa buy and sell orders, swap transactions, mint and burn events with detailed information including transaction hash, wallet address, transaction type (buy/sell), token amount, USD value, and timestamp. Each ZIL transaction shows the exact price at which the trade occurred, allowing you to analyze Zilliqa trading patterns and market activity. You can filter Zilliqa transactions by type (Buy, Sell, Mint, Burn), set price range filters, and search for specific wallet addresses to track whale movements. Click on any ZIL transaction to view complete details on the blockchain explorer. Monitor Zilliqa transactions to identify trading trends, spot large buyers and sellers, and understand market sentiment for ZIL token.

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