Market come in cycles and Zilliqa is going to trade sideways for a period of time which is known as the accumulation period. This scenario fixed nicely into the current macro outlook which is generally bearish and it does not matter if altcoins are going to dip once more because bottom prices are more or less established if you are planning to DCA and hold long term. Zilliqa fundamentally is still quite strong as this project is still hiring people and has constant project development into their Metaverse and gaming projects which shows they are running on a good cashflow to survive through the bear market.
This should give us a good rally into a price range of about 0.35 to 0.4 above after the bear market.
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