Horizen (ZEN) Hits Self Reported Market Capitalization of $115.04 Million

Horizen (ZEN) traded down 9.6% against the U.S. dollar during the one day period ending at 21:00 PM E.T. on August 4th. Horizen has a market cap of $115.04 million and approximately $22.47 million worth of Horizen was traded on exchanges in the last day. In the last week, Horizen has traded down 32.3% against the U.S. dollar. One Horizen coin can currently be purchased for about $7.53 or 0.00013845 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded 7.7% lower against the dollar and now trades at $29.08 or 0.00053495 BTC.
• Bitcoin Gold (BTG) traded 9.7% lower against the dollar and now trades at $21.30 or 0.00039183 BTC.
• Pirate Chain (ARRR) traded down 7.2% against the dollar and now trades at $0.15 or 0.00000279 BTC.
• Komodo (KMD) traded down 12.7% against the dollar and now trades at $0.21 or 0.00000382 BTC.
• ZClassic (ZCL) traded down 8.7% against the dollar and now trades at $0.0437 or 0.00000080 BTC.

Horizen Profile

Horizen (CRYPTO:ZEN) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was May 1st, 2017. Horizen’s total supply is 15,285,231 coins. The official website for Horizen is www.horizen.io. Horizen’s official Twitter account is @horizenglobal and its Facebook page is accessible here. Horizen’s official message board is forum.horizen.global. The Reddit community for Horizen is /r/Horizen/ and the currency’s Github account can be viewed here.

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 acquire Horizen should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Horizen using one of the aforementioned exchanges.

ZEN/USD price chart by TradingView