Zilliqa is undervalued, but instead of giving you a pitch on Zilliqa’s “tech” (which is competitive with any alt out there), I want to break down the business reasons why Zilliqa should be valued much higher than $2.4B (~$4.5B when fully diluted) and #52 on CMC. #ZIL#Zilliqa
1) Transactions/day have been ~50K for a month now, and address growth/day has been ~4K; this is not to mention the latest week, where these metrics have trended significantly higher… as benchmarks, Elrond (#42 CMC) is ~20K/~2K and Avalanche (#33 CMC) is ~30K/~3K
2) Zilliqa will likely be running 70K transactions/day in the immediate future (it has this past week, but this is still an outlier), as PackagePortal brings so much utilization to the network (among other dApps, but PackagePortal noticeably so)
3) Zilliqa has great dApps: Zilliqa’s main NFT platform, Mintable, has institutional investment (including Mark Cuban); PackagePortal is already used by thousands of people per day; ZILSwap, Zilliqa’s DEX, has over $200M in TVL within 6 months; and staking has ~50% APY w/ gZIL
4) Zilliqa is the sole network for the third largest stablecoin currency in the world: the Singapore dollar ($XSGD); only USD and Euro are ahead
5) Zilliqa has a stronghold in one of the fastest developing economic regions of the world, ASEAN, and is focused on expanding into India; Zilliqa Capital is aimed at institutional players in these regions, and ZILHive currently invests millions into startups on Zilliqa
Note that none of this has to do with “the pipeline” or their "amazing team” as we hear with so many other projects. These are all working products right now. All current metrics (not theoretical future metrics) point to this current market cap for Zilliqa being a bit of a joke.
Sorry if you are still trying to load your bags, but facts are facts and we should not be getting Zilliqa at these prices right now.
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