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Zilliqa is making strides as the token posts impressive stats on charts. As of October 18, 6 am EST, Zilliqa (ZIL) was trading at $0.01692, representing a gain of over 5% within 7 days. The token is also 1% up from its previous 24-hour price, showcasing bull activity on Zilliqa. Zilliqa is now ranking on CoinMarketCap’s top 100 coins list ahead of SafePal (SFP).
Looking at 4-hour charts, the 30-day moving average has also exceeded the 15-day moving average, forming a golden cross. This showcases the bull domination of Zilliqa as it hedges past competitors.
According to 24-hour charts from TradingView, the RSI is on an upward trajectory, moving above the average line, with the MACD moving in the green zone. This indicates bullishness on Zilliqa. Volatility levels are currently low, as demonstrated by the Bollinger bands, which are presently at a close distance. However, volatility will likely get high due to the token’s increasing attention, as demonstrated by the trading volume, which has risen 3% in the last 24 hours.
Over 111,000 Delegators Propel Zilliqa’s Staking to New Heights.
Additionally, a surge in staking has been recorded on Zilliqa. 111,098 agents have collectively committed to staking a sum of 5,841,362,121 ZIL. This exceptional feat profoundly underscores the burgeoning reliance on the Zilliqa network, accentuating the mounting fascination with the potential dividends of placing bets on ZIL.
111,098 delegators have staked a total of 5,841,362,121 $ZIL! 🚀
Join the action and start earning rewards by staking your $ZIL.
Our guide provides step-by-step instructions to get you started on this rewarding journey on #Zilliqa: https://t.co/EqXTTY3pdC pic.twitter.com/loeYcstU84
— Inna | Everstake (@inna_everstake) October 18, 2023
The systematic instructional manual offered by the platform acts as a thorough repository, aiding users in maneuvering through the staking procedure, guaranteeing a seamless shift into the enriching voyage within the Zilliqa framework.
Ziliqa’s scalability
Zilliqa’s scalability could also be a factor in its recent impressive performance. One notable feature of Zilliqa’s sturdy foundation is its scalability, managing around 1700 transactions per second (TPS). Moreover, by harnessing supplementary divisions, the network can amplify its scalability to a greater extent, facilitating heightened transaction flow and effectiveness.
How scalable is @zilliqa?
🔹The $ZIL Network can handle around 1700 TPS but can be enhanced further by utilizing more shards (in theory).
🔸The average time to the finality of a transaction is approximately 35 seconds, meaning a transaction is confirmed in this timeframe.$ZIL pic.twitter.com/i6UFL61qSb— House of Chimera (@HouseofChimera) October 14, 2023
Regarding confirming transactions, Zilliqa presents an average verification period of roughly 35 seconds. This notable attribute highlights the platform’s dedication to delivering a smooth and effective user journey, guaranteeing swift and dependable transaction validations within a relatively concise span.
With its expanding staking community and a resilient infrastructure tailored for scalability and effectiveness, Zilliqa persistently reinforces its position as a leading blockchain platform, providing users with a secure and profitable environment to actively engage in and benefit from the flourishing realm of decentralized finance. Meanwhile, while Zilliqa maintains its competitive edge, Bitcoin Minetrix continues to make significant strides with its presale and exceptional cloud mining solutions.
Bitcoin Minetrix Warns off Scams Amid Funding Milestone
Amid the celebration of surpassing a significant funding milestone of over $1,600,000, Bitcoin Minetrix is cautioning users about potential scams. The achievement underscores the platform’s burgeoning prominence within the crypto community and accentuates the need for heightened vigilance and awareness in light of recent fraudulent activities.
Caution regarding #BitcoinMinetrix Scams!
Remember these tips:🔒
🛡️ Verify information from trusted sources.
🚫 Refrain from sharing confidential details.
🔍 Report any suspicious accounts immediately.#CryptoSecurity pic.twitter.com/9xhKASUgUH— Bitcoinminetrix (@bitcoinminetrix) October 18, 2023
BTCMTX’s groundbreaking cloud mining solution has been a beacon of trust for those navigating the often complex and risky crypto mining world. Recognizing the historical deterrents of high hardware costs and prevalent fraudulent schemes, Bitcoin Minetrix has proactively employed a decentralized model to ensure users a secure and transparent mining experience, promoting trust and confidence in the platform.
While the accessible and cost-effective nature of cloud mining has simplified the entry point for new users, Bitcoin Minetrix emphasizes the importance of remaining cautious and vigilant. Users are encouraged to verify information from credible sources, refrain from sharing sensitive data, and promptly report any suspicious activities or accounts, as highlighted in the recent cautionary announcement.
In its commitment to fostering a secure and inclusive environment, Bitcoin Minetrix remains steadfast in its dedication to providing a hassle-free and reliable mining experience, shielding users from potential concerns such as hardware management issues and operational scalability. By prioritizing user security and well-being, Bitcoin Minetrix aims to pave the way for a more trustworthy and transparent future in cryptocurrency mining.
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