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ZIG Coin Set to Soar as Zignaly gears up to attract millions of new users

Hillary Cyril | Editor, TechAnnouncer



Zigdao Mobile App 

The digital age has catalyzed a paradigm shift within the global finance realm, giving rise to the phenomenon of social trading. This innovative approach has democratized the trading landscape, enabling newcomers to leverage the expertise of industry veterans by mimicking their financial moves. 

Concurrently, the strategy offers established traders an opportunity to monetize their skills, thereby enhancing their industry reputation. Financially speaking, the social trading sector has seen exponential growth, reaching a valuation of $2.2 billion in the last quarter of 2021, with some reports suggesting this figure could escalate to $3.77 billion by 2028. Revenue from copy trading alone stood at $50 billion in 2020 and is expected to soar to $80 billion by 2025.

Amid this growth, Zignaly, powered by ZIGDAO, a social investment platform connecting fund managers with investors worldwide, has made its presence felt in a big way. For starters, its native crypto asset, $ZIG, has seen its value rise quite substantially over the last month and a half. As can be seen from the chart below, between August 31 and September 20 alone, the value of $ZIG rose from $0.0050 to $0.0172, showcasing a growth of over 240%. Not only that, after trading at $0.0042 in July, $ZIG’s value has risen by 309%.  

$ZIG Coin value

$ZIG value between August – October (source: Coingecko)

Zignaly’s Innovations Stand to Spur $ZIGs Value Even Further

On October 10, Zignaly announced the launch of its all-new mobile app, offering clients an unparalleled level of convenience along with the ability to harness Zignaly’s full suite of services on the go. To elaborate, the app comes replete with features like Zignaly’s profit-sharing marketplace, expert trader profiles, and seamless deposit and withdrawal functionalities. Additionally, users also have the flexibility to add new services directly from the app. 

However, what truly sets the offering apart from the rest of the fray is its ability to bridge the gap that currently exists between the digital asset realm and the social investment sector. In fact, Zignaly has already attracted over 500,000 users and connected them to 150+ veteran portfolio managers (who currently handle over $125 million collectively). 

Zignaly’s growth trajectory is further validated by its recognition from industry giants like Binance and its partnerships with key players in this space. And with its user base scaling from 20,000 to over half a million over the past year alone, the launch of the mobile app stands to not only solidify Zignaly’s market presence further but also help push the value of $ZIG in the near future.

Moreover, by integrating Artificial Intelligence (AI) into its operational framework, ZIGDAO’s Z-Score module has transformed into a best-in-class algorithm that ranks profit-sharing services on the Zignaly marketplace and Z-Prime partners (discussed in detail below). Utilizing a diverse set of data points, including profit metrics and market outperformance, Z-Score offers a twofold advantage setup — i.e. it not only ensures the presence of top-performing services but also maximizes yield-earning possibilities for users — thereby making it an invaluable tool for yield optimization in a competitive social investing environment.  

A Look at ZIGDAO’s New Crypto Management Solution

Another key development surrounding the ZIGDAO ecosystem has been the release of its crypto fund management solution dubbed Z-Prime, a bespoke solution aimed at fund managers, high-net-worth individuals (HNWIs), and community leaders. It enables users to operate their own investment management platforms, with ZIGDAO taking care of all the pertinent back-end processes (including technology, accounting, and onboarding). This allows Z-Prime users to concentrate solely on enhancing their customer services. 

With its array of innovative features like a fully functional mobile app, AI-centric Z-score algorithm, and asset management solution Z-Prime, ZIGDAO is not just keeping pace with the rapidly evolving digital investment landscape; it’s creating a holistic, one-stop-shop catering to the needs of everyone — whether they are an individual investor or a fund manager — in the most seamless manner possible. 

Thus, in the face of all the above-stated innovations, it stands to reason that the value of ZIGDAO’s native digital asset, $ZIG, will continue to rise since all of these features make use of this cryptocurrency as part of their operations. 

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