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Zilliqa's 'metaverse' debut pumps ZIL price 350% in just five days — Selloff ahead?

Published 03/31/2022, 09:10 AM
Updated 04/01/2022, 11:20 AM
Zilliqa's 'metaverse' debut pumps ZIL price 350% in just five days — Selloff ahead?

Zilliqa (ZIL) continues its supersonic bull run this week after reports that it will officially launch a so-called metaverse-as-a-service (MaaS) platform in April.

ZIL rallied nearly 25% in one day to $0.22 a token by March 30, its best level since May 13, 2021.

ZIL/USD daily price chart. Source: TradingView
Investments into Metaverse startups in the recent years. Source: Dealroom
ZIL/USD weekly price chart. Source: TradingView
ZIL/USD weekly price chart featuring symmetrical triangle. Source: TradingView

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