Horizen (ZEN) Price Down 28.4% Over Last Week

Horizen (ZEN) traded up 3.4% against the dollar during the 24-hour period ending at 22:00 PM E.T. on August 5th. One Horizen coin can now be bought for about $7.84 or 0.00014085 BTC on popular cryptocurrency exchanges. Horizen has a market capitalization of $119.87 million and $49.52 million worth of Horizen was traded on exchanges in the last 24 hours. Over the last week, Horizen has traded down 28.4% against the dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded 2.1% higher against the dollar and now trades at $29.55 or 0.00053091 BTC.
• Bitcoin Gold (BTG) traded up 0.3% against the dollar and now trades at $21.60 or 0.00038798 BTC.
• Pirate Chain (ARRR) traded 7.9% higher against the dollar and now trades at $0.17 or 0.00000298 BTC.
• Komodo (KMD) traded up 5.5% against the dollar and now trades at $0.22 or 0.00000394 BTC.
• ZClassic (ZCL) traded 1.6% higher against the dollar and now trades at $0.0450 or 0.00000081 BTC.

Horizen Coin Profile

Horizen (ZEN) 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 15,288,862 coins. Horizen’s official message board is forum.horizen.global. 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 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 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 GDAX, Coinbase or Gemini. 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