Horizen Self Reported Market Cap Reaches $129.43 Million (ZEN)

Horizen (ZEN) traded 4.5% higher against the U.S. dollar during the one day period ending at 17:00 PM ET on May 2nd. One Horizen coin can currently be purchased for approximately $8.66 or 0.00014710 BTC on exchanges. In the last week, Horizen has traded down 5.3% against the U.S. dollar. Horizen has a total market capitalization of $129.43 million and approximately $5.84 million worth of Horizen was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin Gold (BTG) traded 1.7% higher against the dollar and now trades at $29.49 or 0.00050106 BTC.
• Zcash (ZEC) traded up 5.1% against the dollar and now trades at $22.73 or 0.00038625 BTC.
• Pirate Chain (ARRR) traded 3.6% lower against the dollar and now trades at $0.32 or 0.00000544 BTC.
• Komodo (KMD) traded 6.6% higher against the dollar and now trades at $0.40 or 0.00000687 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded up 2.7% against the dollar and now trades at $0.0528 or 0.00000090 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 14,947,862 coins. Horizen’s official website is www.horizen.io. The Reddit community for Horizen is /r/Horizen/ and the currency’s Github account can be viewed here. The official message board for Horizen is forum.horizen.global. Horizen’s official Twitter account is @horizenglobal and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as Horizen directly using US dollars. Investors seeking to trade Horizen should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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