Will Zilliqa (ZIL) Price Surge After the Launch Of The Moonlet Wallet?

Zilliqa Becomes Latest Cryptocurrency to pass $1 Billion Market Cap

Over the past day, the price of Zilliqa has been on a continuous downward plunge. Zilliqa is one of the highest losers over the past day. However, many believe that the digital currency has the potential to surge higher and attain new heights. The recent bullish Zilliqa news might help to push the value of the coin to greater height in the short-term. The short-term Zilliqa price prediction 2019 might also be tested if the price of Zilliqa responds positively to the bullish news around it.

Zilliqa Announces the Moonlet Wallet – Will Zilliqa Price Respond Positively?

Recently, the team behind the digital currency announced the launch of the Moonlet Wallet. The foundation made this announcement on Twitter. Over the past few months, they have been singing the praises of the wallet online. According to reports, the wallet promises a whole lot of features. The recent announcement via Medium also disclosed that Binance – the most dominant digital currency trading platform in the world – will start supporting Zilliqa.

About Moonlet Wall – Will Zilliqa Be Considered One of the Best Cryptocurrency to Invest in 2019?

According to the Twitter page of Moonlet Wallet, the wallet is non-custodial. It gives users absolute control over their fund by offering them full responsibility for their secret phrase. With this feature, users no longer have to worry about losing their secret phrase. The wallet is also a Hierarchical Deterministic. This wallet also has an extension for the Chrome browser, so users can access their wallet directly from Chrome. The wallet was also built with security in mind. Hence, users’ security will not be compromised.

It also comes with phishing protection. This protects sensitive data against fake sites, fake wallets, pop-ups, and other online threats. Users are also given the freedom to do a whole lot of things with the account. They can receive digital assets, send assets, get rid of unwanted accounts on the dashboard of the wallet, review transactions, and many more.

Zilliqa Price Analysis – Zilliqa Price Trend – Zilliqa USD Live Price – Zilliqa Price Forecast

The price of Zilliqa has not been consistent so far this year. The volatility level of the digital currency is pretty high. Many digital asset investors have even sold off their Zilliqa holdings due to the uncertainties and inconsistency in Zilliqa price. While Zilliqa surged higher during the massive crypto bull run earlier this month, the digital currency has failed to hold gains. The price of Zilliqa is now deep in the red.

ZIL Price Today

On the list of top digital currencies in the market, Zilliqa has plunged to the 53rd position. The price of Zilliqa recently surged over the $0.02 cents level. The bulls pushed the value of the coin to the $0.025 level, which is the highest the digital currency has attained this year. The digital currency faced strong hurdle on the upside at the $0.026 and it plunged lower. At the moment, the price of Zilliqa is hovering around the $0.018 level, with immediate resistance at the $0.02 level. The digital currency needs to break over this level in order to continue its upward trend.

Zilliqa (ZIL) Price Today – ZIL / USD

Name Price
bitcoin
Bitcoin
$10,210.00-1.68%
zilliqa
Zilliqa
$0.011-1.40%

At the time of writing, the price of Zilliqa (ZIL) is $0.0180 after a decrease of more than 13 percent over the past twenty-four hours. The current market cap of the digital currency is $160.7 million. The trading volume of the digital currency over the past day is $26.19 million.

Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.

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