Horizen Trading Down 32.2% Over Last Week (ZEN)

Horizen (ZEN) traded down 0.8% against the U.S. dollar during the twenty-four hour period ending at 10:00 AM Eastern on January 1st. One Horizen coin can now be purchased for $29.12 or 0.00031000 BTC on exchanges. Horizen has a market capitalization of $459.70 million and $56.82 million worth of Horizen was traded on exchanges in the last 24 hours. Over the last seven days, Horizen has traded 32.2% lower against the U.S. dollar.

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

  • Zcash (ZEC) traded down 4.2% against the dollar and now trades at $55.99 or 0.00059600 BTC.
  • Bitcoin Gold (BTG) traded down 5.2% against the dollar and now trades at $8.78 or 0.00009349 BTC.
  • Komodo (KMD) traded 3.2% lower against the dollar and now trades at $0.31 or 0.00000332 BTC.
  • Pirate Chain (ARRR) traded 2.9% lower against the dollar and now trades at $0.21 or 0.00000228 BTC.
  • ZClassic (ZCL) traded down 1.9% against the dollar and now trades at $0.0395 or 0.00000042 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 15,785,241 coins. Horizen’s official website is www.horizen.io. The official message board for Horizen 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.

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

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