ZEN Coin, also known as
Horizen, has recently seen a surge in popularity and value. The coin's value soared to a yearly peak of
$30 after the final
Halving Event from Horizen. Meanwhile, Grayscale allowed more exposure to ZEN by launching the
Horizen Trust fund. Similar support came from Binance, which backed a ZEN network upgrade, although they later decided to delist low liquidity trading pairs for ZEN. Talks between Taurex/Zen Connect and Inside Dealers Connect 4.0 fortify
Bitcoin and Gold with strong backing.
Another factor contributing to ZEN's growth was the launch of
multi-chain Meme Coin Zen The Panda, which raised $250,000 in minutes. ZEN's SEC filing through Grayscale further fueled speculation of its potential. The
Grayscale Horizen Trust filing has since led analysts to wonder whether ZEN could reach
$40. Catizen, another crypto-asset, is also on the rise, and there's indication that it could see more growth.
Besides, AMD Ryzen 9 7950X CPU's profitability has been found to be higher for mining than the fastest GPUs. In response to increasing regulatory scrutiny, ZEN has stopped identifying as a 'privacy coin' and is instead aiming for transparency.
ZEN has now become available on Coinbase. Furthermore, Horizen Labs secured
$7M in Seed Funding, and ZEN coin is trying to break out from the $82 resistance.
ZEN Coin News Analytics from Fri, 31 May 2013 07:00:00 GMT to Wed, 15 Jan 2025 09:25:32 GMT -
Rating 8.5
- Innovation 7
- Information 8.6
- Rumor 7.5
