Horizen Trading 5.9% Higher This Week (ZEN)

Horizen (ZEN) traded 2.9% higher against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on May 9th. Horizen has a total market capitalization of $136.52 million and approximately $5.00 million worth of Horizen was traded on exchanges in the last day. Over the last week, Horizen has traded up 5.9% against the U.S. dollar. One Horizen coin can now be purchased for approximately $9.12 or 0.00014711 BTC on cryptocurrency exchanges.

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

• Bitcoin Gold (BTG) traded 2.9% lower against the dollar and now trades at $33.74 or 0.00054432 BTC.
• Zcash (ZEC) traded up 3.3% against the dollar and now trades at $23.70 or 0.00038242 BTC.
• Pirate Chain (ARRR) traded 8.3% lower against the dollar and now trades at $0.34 or 0.00000556 BTC.
• Komodo (KMD) traded up 12.4% against the dollar and now trades at $0.42 or 0.00000670 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 2.6% higher against the dollar and now trades at $0.0558 or 0.00000090 BTC.

Horizen Profile

Horizen (ZEN) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was May 1st, 2017. Horizen’s total supply is 14,972,112 coins. Horizen’s official Twitter account is @horizenglobal and its Facebook page is accessible here. The official message board for Horizen is forum.horizen.global. 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.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Horizen using one of the exchanges listed above.

ZEN/USD price chart by TradingView