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Horizen Coin (ZEN): Everything you Wanted to Know as a Beginner before Investing!

Horizen coin (ZEN) is one of the top 100 popular cryptocurrencies in the crypto market currently. In terms of market cap, it is currently the 118th largest digital currency (over US$1.28 billion in market capitalizations). Should you invest in it? Is it a good investment? To answer all your queries, let me walk you through the Horizen coin, how it works, and many more.

What is the Horizen Token (ZEN)? How does it Work?

A decentralized node infrastructure supports Horizen, an interoperable blockchain system. It comes with a sidechain platform that mainly deals with scalable data privacy. Both businesses and developers can create public as well as private blockchains by using Zendoo, a unique sidechain technology.

Robert Viglione and Rolf Versluis, the co-founders of Horizen, launched the Horizen ecosystem in May 2017. It aims to ensure data integrity as well as privacy by enabling real-world use cases.

Horizon claims that it

  • Is decentralized
  • Comes with fully customized privacy features
  • Supports low costs (associated ith blockchain creation)
  • Has configurable revenue models
  • unlimited number of tokens as well as digital assets

Horizen token (ZEN): Facts & Figures

All these facts and figures (as of November 29, 2021) will help you to make a decision on investing in the Horizen token. Before making Horizen coin transactions, check out these facts and figures associated with this cryptocurrency of choice:

  • Horizen ZEN Price: US$108.25 (ZEN Current Price)
  • 24hour Trading Volume (24h Volume): US$88,078,332
  • All-Time High (ATH) Price: US$168.15 (reached on May 08, 2021)
  • All Time Low (ATL) Price: US$3.09 (reached on Jul 31, 2017)
  • 24h Low: US$97.84
  • 7d Low: US$98.63
  • 30d Low: US$74.50
  • 90d Low: US$60.95
  • 52 Week Low: US$8.37
  • YTD (Year-To-Date) Return: 816.61% YTD (Year-To-Date)
  • Market Cap: US$1,276,246,903 (US$ 1.28 billion)
  • Crypto Rank (in terms of market cap): 94th in the crypto market
  • Fully Diluted Market Cap: US$2,273,282,004
  • Max Supply: 21,000,000
  • Total Supply: 11,752,188
  • Circulating Supply: 11,789,350.00 ZEN (56%)

If you check the Horizen price chart and price history, you’ll find that since its launch, the price of ZEN has increased by 915.23%. Since its all-time low, it has bounced back by +3,400.17%. From its ATH at US$168.15 (achieved on May 08, 2021), the current ZEN price is still -35.63% down. So, before buying ZEN tokens, you should check the fundamental and technical factors.

Always check out Horizen markets, the ways to earn ZEN, market data, key metrics, comparison tools, and technical price analysis, top cryptocurrency price, and cryptocurrency news before trading or investing. Also, consult crypto financial advisors and get tips from them on trending coins, know the ways of buying cryptocurrencies, and how to earn crypto easily.

Horizen ZEN Token Price Prediction

  • According to Wallet Investor, the average price of ZEN is going to reach around:
  • US$185.218 by 2022
  • US$493.738 by 2026
  • According to Digital Coin Price, the average price of ZEN is going to reach:
  • US$189.1 by 2022
  • US$232.32 by 2023
  • US$279.48 by 2024
  • US$312.33 by 2025
  • US$381.65 by 2026
  • US$402.75 by 2027
  • US$486.65 by 2028
  • According to Trading Beasts, the maximum price of ZEN is going to reach:
  • US$89.604 by 2022
  • US$71.045 by 2023
  • US$112.376 by 2024
  • According to GOV Capital, the average price of ZEN is going to reach:
  • US$153.402 by 2022
  • US$218.196 by 2023
  • US$301.059 by 2024
  • US$388.584 by 2025
  • US$482.324 by 2026

Where can you Buy Horizen tokens?

You can buy Horizen coins in almost all reputed cryptocurrency exchanges including:

  • Bittrex
  • Bithumb Global
  • Binance
  • Huobi Global
  • HitBTC
  • DigiFinex, and many more.

You can use credit cards, debit cards, or money transfers from a bank account to fund your cryptocurrency trading or investing account in a leading cryptocurrency exchange.

The most popular price pairs of ZEN are:

  • ZEN/USDT
  • ZEN/BTC
  • ZEN/USD, and many more.

Before investing, check out Horizen history and its historical data, crypto news, Horizen token price charts, price performance, market updates, ZEN to USD (United States Dollar) exchange rate, the value of Horizen coin, the Bitcoin price trend (as ZEN is one of the hard forks of the original Bitcoin token), trading fees, and others.

What are the Best Crypto Wallets to Store Horizen Coins?

The best Horizen token cryptocurrency wallets to store ZEN coins are:

  1. Ledger Nano X Wallet
  2. Ledger Nano S Wallet
  3. CoolWallet S Wallet
  4. CoolWallet Pro Wallet

Invest in Horizen token and Other Cryptocurrencies

You can buy and sell Horizen and other virtual currencies against various fiat currencies (US Dollar USD, British Pound Sterling, Canadian Dollar CAD, South Korean WON, Singapore Dollar, Taiwan Dollar, Russian Ruble, Chinese Yuan, Hong Kong Dollar, etc.) through a wide array of crypto exchanges (centralized or decentralized exchanges), crypto APIs or mobile app, and Horizen token markets. Use Dollar Cost Averaging DCA strategy to invest in cryptos to minimize the risks associated with high volatility.

If you want to increase your investment explosively in the coming 5-to-10 years, buy crypto coins now. Keep an eye on the market news, price statistics, block times, blockchain news, and others to time your trading of Defi protocols and tokens for maximum profit.

You can also diversify your crypto coin portfolio by including other digital assets such as Horizen, XMR, FIL, ETC, WBTC, BCH, BTC ETH, AAVE, Ripple XRP, Bitcoin Ether ETH, Horizen (also called Bit Gold), Bitcoin Cash BCH, Basic Attention Token, Ethereum Classic, Shiba Inu SHIB, Binance Coin, Dogecoin price, Wrapped Bitcoin (some also call it wrap bitcoin or wBTC), USD Coin, Gemini Dollar, ERC20 tokens (created on Ethereum blockchain), nonfungible tokens NFTs, and others.

Also check whether you can exchange ZEN token with the fiat currencies of other countries such as South Africa, Saudi Arabia, the Republic of the Congo, United Arab Emirates, United Kingdom, South Korea, and other countries.

Invest in cryptocurrencies, various types of stocks, mutual funds, index funds, real estate, and others to improve your personal finance. If possible, get help from a portfolio manager or wealth management firm for maximum return. You can also increase your income through yield farming, using Telegram bots and other automated trading bots, and many more.

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