Horizen (ZEN) Price Hits $8.20 on Major Exchanges

Horizen (ZEN) traded 0.8% lower against the U.S. dollar during the 1-day period ending at 22:00 PM ET on October 16th. One Horizen coin can currently be purchased for about $8.20 or 0.00012079 BTC on exchanges. Horizen has a total market cap of $127.42 million and $6.25 million worth of Horizen was traded on exchanges in the last 24 hours. In the last seven days, Horizen has traded 4.7% higher against the U.S. dollar.

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

• Zcash (ZEC) traded down 0.3% against the dollar and now trades at $37.08 or 0.00054640 BTC.
• Bitcoin Gold (BTG) traded 0.4% higher against the dollar and now trades at $24.22 or 0.00035693 BTC.
• Komodo (KMD) traded up 0.4% against the dollar and now trades at $0.26 or 0.00000383 BTC.
• Pirate Chain (ARRR) traded up 0.3% against the dollar and now trades at $0.17 or 0.00000248 BTC.
• ZClassic (ZCL) traded up 2.2% against the dollar and now trades at $0.0542 or 0.00000080 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 15,546,500 coins. 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. Horizen’s official Twitter account is @horizenglobal and its Facebook page is accessible here. The official message board for Horizen 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 presently 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 GDAX, Coinbase or Gemini. 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