Zilliqa is leading Thursday’s crypto market with an 80% charge over the last 24 hours, part of a 270% weekly pump since its metaverse-as-a-service platform Metapolis launch event was announced.
Zilliqa, which has been mostly under the radar for over a year, is now close to entering the top 60 cryptocurrencies by market cap after yet another massive price spike, currently sitting below Harmony (ONE) and BitTorrent-New (BTT).
The cryptocurrency attracted plenty of attention on March 26 after suddenly spiking more than 100% within a single day, despite the relatively sluggish performance of the broader cryptocurrency market. Despite facing some selling pressure, ZIL managed to maintain the rally, adding another 71% within the following three days.
Metapolis will allow luxury brands and enterprises to create digital products and economies by leveraging blockchain applications such as non-fungible tokens (NFTs), Zilliqa head of metaverse and NFT Sandra Helou told Forkast.
Solana, a major contributor to the NFT ecosystem, also made headlines this week after OpenSea revealed network integration to its marketplace, as its cryptocurrency SOL jumped over 10% since the announcement.
The price of SOL, Solana’s native cryptocurrency, retreated slightly coming into Asian business hours, however, and was trading at $120.92 at press time, which is still its highest point since early February.
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