Horizen Trading Down 3.8% This Week (ZEN)

Horizen (ZEN) traded down 1% against the US dollar during the 24-hour period ending at 20:00 PM Eastern on October 22nd. Horizen has a total market capitalization of $123.39 million and approximately $5.14 million worth of Horizen was traded on exchanges in the last 24 hours. Over the last week, Horizen has traded down 3.8% against the US dollar. One Horizen coin can currently be purchased for approximately $7.93 or 0.00011751 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded up 2% against the dollar and now trades at $38.12 or 0.00056519 BTC.
• Bitcoin Gold (BTG) traded 0.7% lower against the dollar and now trades at $22.81 or 0.00033820 BTC.
• Komodo (KMD) traded up 0.1% against the dollar and now trades at $0.26 or 0.00000385 BTC.
• Pirate Chain (ARRR) traded down 2.5% against the dollar and now trades at $0.17 or 0.00000255 BTC.
• ZClassic (ZCL) traded up 6.2% against the dollar and now trades at $0.0573 or 0.00000085 BTC.

Horizen Profile

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 15,567,625 coins. The official website for Horizen 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. Horizen’s official message board is forum.horizen.global.

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 purchase alternative cryptocurrencies such as Horizen directly using U.S. dollars. Investors seeking to trade Horizen should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Horizen using one of the aforementioned exchanges.

ZEN/USD price chart by TradingView