Horizen Achieves Self Reported Market Capitalization of $127.63 Million (ZEN)

Horizen (ZEN) traded up 4% against the US dollar during the 24 hour period ending at 14:00 PM E.T. on July 4th. One Horizen coin can now be bought for $8.41 or 0.00014482 BTC on popular cryptocurrency exchanges. Over the last week, Horizen has traded up 26.6% against the US dollar. Horizen has a market cap of $127.63 million and $46.62 million worth of Horizen was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin Gold (BTG) traded down 2.2% against the dollar and now trades at $23.44 or 0.00040362 BTC.
• Zcash (ZEC) traded down 6.4% against the dollar and now trades at $19.06 or 0.00032821 BTC.
• Komodo (KMD) traded 9.1% lower against the dollar and now trades at $0.28 or 0.00000475 BTC.
• Pirate Chain (ARRR) traded down 1.6% against the dollar and now trades at $0.18 or 0.00000304 BTC.
• ZClassic (ZCL) traded 5.3% lower against the dollar and now trades at $0.0462 or 0.00000080 BTC.

Horizen Profile

ZEN is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on May 1st, 2017. Horizen’s total supply is 15,173,331 coins. Horizen’s official Twitter account is @horizenglobal and its Facebook page is accessible here. The Reddit community for Horizen is /r/Horizen/ and the currency’s Github account can be viewed here. Horizen’s official message board is forum.horizen.global. Horizen’s official website is www.horizen.io.

According to CryptoCompare, “Horizen is an ecosystem that rewards contributors and empowers everyone. Its scalable platform allows businesses and developers to create public or private blockchains easily and affordably using the largest node network in the industry. The Sidechain SDK provides all the necessary components for quick deployment of a fully customizable blockchain. The native cryptocurrency, ZEN, is a mineable PoW coin traded on various exchanges, and integrated on major wallets including Sphere by Horizen, a multifunctional wallet that serves as an interface with most Horizen products and services.”

Buying and Selling Horizen

It is usually not currently possible to buy alternative cryptocurrencies such as Horizen directly using US dollars. Investors seeking to trade Horizen should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Horizen using one of the aforementioned exchanges.

ZEN/USD price chart by TradingView