Horizen (ZEN) Hits Self Reported Market Capitalization of $368.09 Million

Horizen (ZEN) traded 1.2% higher against the dollar during the 24 hour period ending at 10:00 AM E.T. on January 9th. One Horizen coin can now be bought for about $23.30 or 0.00024848 BTC on major cryptocurrency exchanges. Horizen has a market cap of $368.09 million and approximately $58.17 million worth of Horizen was traded on exchanges in the last 24 hours. In the last week, Horizen has traded down 27.2% against the dollar.

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

• Zcash (ZEC) traded down 2.8% against the dollar and now trades at $49.20 or 0.00052471 BTC.
• Bitcoin Gold (BTG) traded 7.8% lower against the dollar and now trades at $12.49 or 0.00013326 BTC.
• Komodo (KMD) traded 0.2% higher against the dollar and now trades at $0.30 or 0.00000319 BTC.
• Pirate Chain (ARRR) traded 2.3% higher against the dollar and now trades at $0.20 or 0.00000210 BTC.
• ZClassic (ZCL) traded down 1.2% against the dollar and now trades at $0.0403 or 0.00000043 BTC.

Horizen Coin Profile

Horizen is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was May 1st, 2017. Horizen’s total supply is 15,799,569 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. Horizen’s official message board 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 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 Gemini, Coinbase or Changelly. 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