Horizen's coin,
ZEN, has experienced several fluctuations, owing to different incidents in the cryptocurrency sector. In recent years, ZEN's purchase simplified into a four-step process, heightening its accessibility to potential investors. It marked a significant growth spurt in late 2024, peaking at $30 following the final halving event, that created a surge in its marketplace recognition. To capitalize on this trend,
Grayscale launched the Horizen Trust fund, granting a broader range of investors exposure to ZEN. The market has also taken interest in the network's upgrade backed by
Binance, implemented in September 2024. Newer blockchain-based games such as 'Catizen' also had some influence on ZEN's market activity although indirectly.
Horizen additionally underwent several shifts, including a move away from the privacy coin label amid scrutiny, and the introduction on prominent platforms such as
Coinbase Pro, impacting perception and accessibility favourably.However, not all developments have bolstered ZEN. Binance's delisting of low liquidity trading pairs including PEPE, DCR, ZEN has affected its market position. Future predictions place ZEN's value at $50, suggesting a possible uptrend, although some analyses indicate a potential test of lower support levels. Furthermore, the crypto market saw privacy tokens' delisting in early 2024 with
Catizen (CATI) launch and
Moon Active's acquisition of Zen Match from Good Job Games impacting ZEN. Alongside these, a reported downturn trend amid key support tests, contribute to the overall mixed sentiment about ZEN's future.
ZEN Coin News Analytics from Fri, 31 May 2013 07:00:00 GMT to Thu, 03 Apr 2025 20:59:35 GMT -
Rating 4
- Innovation 3
- Information 7
- Rumor -2
