ZIL Crypto Gains as Zilliqa Leads Blockchain Gaming Charge in 2022 – InvestorPlace

0
542
        Copyright &copy; 2022 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201.       <br>THE TRADE OF THE DECADE<br>On April 21, one of America’s top traders reveals his pick for the #1 way to play this volatile market.<br>          Zilliqa is looking to lead the coming blockchain gaming boom        <br>In 2022, investors are looking at a whole different class of subindustries. Last April, it was all about <strong>Bitcoin</strong> (<span class="crypto-ticker"><a href="https://investorplace.com/cryptocurrency/btc-usd/"><strong><u>BTC-USD</u></strong></a></span>) and meme coins. Meanwhile, non-fungible token (NFT) trading was in its infancy. Now, though, investing strategies have become slightly more nuanced; people want to diversify across different crypto industries like the metaverse, Web 3.0 and various layer-1s. <strong>Zilliqa</strong> (<span class="crypto-ticker"><a href="https://investorplace.com/cryptocurrency/zil-usd/"><strong><u>ZIL-USD</u></strong></a></span>) is one of the plays standing out among investors, offering some of the best aspects of the metaverse and blockchain gaming. And this week, the ZIL crypto is getting a new catalyst.<br>As of about six months ago, the metaverse has become one of the hottest ways to bet on the crypto industry. First, <strong>Meta Platforms&rsquo;</strong> (NASDAQ:<span class="stock-ticker"><a href="https://investorplace.com/stock-quotes/fb-stock-quote/"><strong><u>FB</u></strong></a></span>) rebrand from Facebook brought the industry into the spotlight. Then, all of a sudden, millions of people were intrigued by the curious virtual space.<br>Although it was not able to see immediate success when metaverse interest first took off, Zilliqa has become quickly become a hyped crypto in recent weeks. Back in December, the network first <a href="https://investorplace.com/2021/12/the-zilliqa-crypto-metaverse-news-stirring-up-chatter-today-metaverse-cryptos/">announced</a> its incoming metaverse space. With some of the best <a href="https://blog.zilliqa.com/a-peek-into-metapolis-the-metaverse-for-all-powered-by-zilliqa-coming-to-you-in-2022-2363907c0612" rel="nofollow">video game development tools</a> at its disposal, users expected one of the most beautiful metaverses on the market from ZIL.<br>By March, the hype around Zilliqa&rsquo;s metaverse had built up a great deal; developers announced intentions to <a href="https://investorplace.com/2022/04/zil-crypto-holders-mark-your-calendars-for-an-april-2-catalyst/">launch the product</a> on April 2. That date came and went, topped off with a massive Miami bash bringing in the official launch. Now, over two weeks later, the space is still generating chatter. Crypto critics are calling the Zilliqa metaverse one of the <a href="https://www.coinspeaker.com/metaverse-maas-metapolis/" rel="nofollow">most ambitious and accessible of its kind</a>.<br>As if this praise wasn&rsquo;t enough, Zilliqa is still working diligently to remain an industry frontrunner. This week, the ZIL crypto is seeing gains thanks to the network&rsquo;s new partnership with the Blockchain Game Alliance (BGA).<br>Competition is growing fast in the metaverse and blockchain gaming spaces, which often overlap with one another. In Q1 2022, <a href="https://decrypt.co/98263/investors-poured-2-5b-crypto-games-q1-2022-report" rel="nofollow">$2.5 billion</a> flooded into the blockchain gaming industry. This is in stark contrast to the $4 billion it saw in the entirety of 2021. As such, it seems like blockchain gaming is the next major fad in cryptocurrency.<br>Now, Zilliqa is staying ahead of the competition by aligning itself with some major forces of the niche. Earlier this week, ZIL announced that it&rsquo;s <a href="https://blog.zilliqa.com/defining-the-future-of-gaming-zilliqa-joins-the-blockchain-game-alliance-e43d9c3e0269" rel="nofollow">partnering</a> with the BGA, an organization dedicated to promoting the power blockchain in<a href="https://www.blockchaingamealliance.org/" rel="nofollow">&nbsp;gaming innovation</a>. The BGA seeks to broaden the adoption of blockchain in gaming by partnering with projects that share a similar mindset.<br>With a new resource to feed off of &mdash; and feed into itself &mdash; the ZIL crypto is now seeing gains on the announcement. So far today, the project is up 7%, with a 75% increase in trading volume over the past 24 hours. This continues to build on an 11% seven-day average gain.<br><span class="normaltextrun"><i>On the date of publication, Brenden Rearick&nbsp;</i></span><i>did not hold (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;</i><em>The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em><br><br><br>Article printed from InvestorPlace Media, https://investorplace.com/2022/04/zil-crypto-gains-as-zilliqa-leads-blockchain-gaming-charge-in-2022/.<br>&copy;2022 InvestorPlace Media, LLC<br>                                <a href="https://investorplace.com/market-insight/">                                   Market Insight, Financial Articles                              </a>                            <br>                                <a href="https://investorplace.com/category/stock-picks/stocks-to-buy/">                                   Stocks to Buy                               </a>                            <br>                                <a href="https://investorplace.com/category/todays-market/">                                   Today&#039;s Market                             </a>                            <br>Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Nasdaq                        quotes delayed at least 15 minutes, all others at least 20 minutes.                         Copyright &copy;                        2022 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201.                    <br><b>Not Yet a Premium Subscriber?</b><br><br><a href="https://investorplace.com/2022/04/zil-crypto-gains-as-zilliqa-leads-blockchain-gaming-charge-in-2022/">source</a>