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Zilliqa announces its Metaverse plan, native token surges 120% approx

Admin March 28, 2022 2 min read

Crypto project Zilliqa is ready to launch its Metaverse project by next month under the partnership with Agora.

On 25 March, The Head of Metaverse and NFTs at Zilliqa Sandra Helou announced the Metapolis, a Metaverse project based on Zilliqa, with a creative global talent award marketplace, Agora. 

Sandra said that this partnership of Zilliqa with Agora is going to be a turning point because this is not going to be a platform to open a portal for the creativity and imagination in life but also will connect the whole world with its decentralized ecosystem. 

“bring not only creativity to life within the Metaverse but also open borderless access for creatives worldwide to connect in the digital world.”

Under this partnership, of both the companies, Web3 will enter in this Metaverse project of Zilliqa. With this announcement Zilliqa’s native token Zil getting huge traction in this crypto Industry. 

Price action 

The current price of the Zil coin is $0.112 and this price is 91% high over the last 24 hours. 

Zilliqa announces its Metaverse plan, native token surges 120% approx 2

 

If we look at the deep analysis, then we will find that the lowest price of this coin was $0.057 and the highest price at 24 hours is $0.1258, so an overall 120% increment in the value of the token within 24 hours. 

According to few crypto experts, this is a kind of manipulation in the price of this coin because the popularity and trend of the Metaverse concepts already getting down day by day. If we look at Google trends then we will find that Metaverse and related terms search frequency are now down over the last 3 months. 

Besides these assumptions few retail crypto investors believe that it is a kind of positive situation of the crypto industry and it is taking advantage of this situation.

Read also: Coinbase to impose new policies on some countries’ users

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