Horizen (ZEN) Trading 21.5% Lower Over Last 7 Days

Horizen (ZEN) traded down 10.7% against the U.S. dollar during the twenty-four hour period ending at 22:00 PM ET on August 3rd. One Horizen coin can currently be purchased for $8.42 or 0.00013864 BTC on popular exchanges. During the last week, Horizen has traded down 21.5% against the U.S. dollar. Horizen has a total market cap of $128.60 million and $20.32 million worth of Horizen was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded 2.6% lower against the dollar and now trades at $31.79 or 0.00052380 BTC.
• Bitcoin Gold (BTG) traded 2.3% lower against the dollar and now trades at $23.46 or 0.00038644 BTC.
• Komodo (KMD) traded 3.2% lower against the dollar and now trades at $0.24 or 0.00000394 BTC.
• Pirate Chain (ARRR) traded 1.6% lower against the dollar and now trades at $0.16 or 0.00000269 BTC.
• ZClassic (ZCL) traded 0.4% lower against the dollar and now trades at $0.0492 or 0.00000081 BTC.

Horizen Coin Profile

Horizen (CRYPTO:ZEN) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on May 1st, 2017. Horizen’s total supply is 15,281,688 coins. Horizen’s official message board is forum.horizen.global. Horizen’s official Twitter account is @horizenglobal and its Facebook page is accessible here. 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 purchase alternative cryptocurrencies such as Horizen directly using U.S. dollars. Investors seeking to trade Horizen should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Horizen using one of the aforementioned exchanges.

ZEN/USD price chart by TradingView