↗ ZEN Coin Sees Surge Following Recent Launches and Regulatory Developments
ZEN coin , the cryptocurrency from Horizen , has seen significant milestones, driving its price upwards. The crypto experienced its final halving...
The cryptocurrency market continues to witness numerous developments impacting different virtual coins. Amongst these, ZEN Coin from Horizen is getting a lot of attention for various reasons. Investors interested in mining cryptocurrencies from their home computers should keep an eye on this digital coin. Announcements concerning the support of the coin’s network upgrade and its listing on major platforms like Binance and Coinbase Pro boosted investor sentiment. Furthermore, Grayscale implemented a new trust fund to increase ZEN Coin exposure, which led to a market rally for the cryptocurrency.
However, certain events may negatively impact ZEN. Binance announced the delisting of some low liquidity trading pairs, including ZEN. Also, the sharp rise in the coin’s value prompted concerns about future testing of lower supports. Heavily tipped alternatives like the Catizen token (CATI), with its own dedicated game on Telegram and indication of future growth, pose a threat to ZEN’s market dominance.
Despite regulatory scrutiny leading to the dropping of the 'privacy coin' label, ZEN Coin maintains its popularity. The coin is expected to reach $50 in the next couple of years, projects strong bullish behaviour. Moreover, innovations to ZEN's blockchain, like introducing decentralized custody offering to calm users' DeFi worries, shows that the coin is not a mere meme coin but has a vision. The cryptocurrency world waits eagerly for more developments concerning ZEN Coin.
ZEN Coin News Analytics from Fri, 31 May 2013 07:00:00 GMT to Mon, 17 Mar 2025 07:00:00 GMT - Rating 6 - Innovation 8 - Information 7 - Rumor 5