Horizen Reaches Self Reported Market Cap of $142.55 Million (ZEN)

Horizen (ZEN) traded down 0.5% against the US dollar during the one day period ending at 15:00 PM Eastern on August 1st. Horizen has a total market capitalization of $142.55 million and $29.30 million worth of Horizen was traded on exchanges in the last day. Over the last week, Horizen has traded 11.2% lower against the US dollar. One Horizen coin can currently be bought for approximately $9.33 or 0.00014853 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded 3.4% lower against the dollar and now trades at $30.70 or 0.00048860 BTC.
• Bitcoin Gold (BTG) traded down 6.9% against the dollar and now trades at $25.09 or 0.00039930 BTC.
• Komodo (KMD) traded 9.3% lower against the dollar and now trades at $0.25 or 0.00000400 BTC.
• Pirate Chain (ARRR) traded 7.5% lower against the dollar and now trades at $0.17 or 0.00000272 BTC.
• ZClassic (ZCL) traded down 5.4% against the dollar and now trades at $0.0510 or 0.00000081 BTC.

Horizen Coin Profile

Horizen (CRYPTO:ZEN) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on May 1st, 2017. Horizen’s total supply is 15,273,600 coins. Horizen’s official message board is forum.horizen.global. Horizen’s official website is www.horizen.io. 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.

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.”

Horizen Coin Trading

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

ZEN/USD price chart by TradingView