Intro:
Out of many cryptoassets circulating, many become aware of a coins only when it has already gained momentum and 30-50% up or more.
Last time I mentioned Zilliqa on Publish0x in October on the top 2 altcoins to watch at the moment, it was traiding around 0.02$ and some of my friends actually listened to me, looked up the project themselves and bought a little bit.
They were surprised to know that lately it had 3X-5X their initial investment, because they had already forgot about it. I talked to them and told them about the Zillion feature of staking ZIL and how some month ago, it had a very high %APR.
Nevertheless I still think that Zilliqa is an undervalued coin, for the simple fact, that people do not realize how important is the Ethereum Bridge that is being build on Zilliqa. This enable the ZILSWAP dApp to convert ERC20 Ethereum Tokens, but without paying the monstrous fees of Ethereum. I tried to swap some LRC for ETH and the fee of Uniswap and Metamask was around 15$. And I was trying to swap 10$ of LRC.
When to buy:
Healthy retracements to 0.066$-0.7$ looks like a good range to dollar cost average. However I think that a major correction of the whole market is on the cards, starting from next week and possibly even this week.
Conclusion: This post is for people out there, who are looking in Holding some assets, and are not sure which ones can last in the long run. Zilliqa is one of them in my opinion.
Extra info: By staking ZIL you get Gzil which is currently trading at 59.8 $.
