Horizen (ZEN) had a sharp rise, reaching a
peak worth $30 in a year. This follows Zen's
final halving event. The company managed to file an 8-K form with the
SEC for its Horizen Trust. In spite of being declared among the top weekly gainers, Horizen faced a few hiccups as
Binance decided to delist low liquidity trading pairs for ZEN. However, ZEN received a boost when it launched on
Coinbase Pro with Coinbase also offering ZEN.
While the coin was affected by regulatory concerns leading to it shedding its 'privacy coin' tag, it managed to bounce back 60% leading gains alongside BTC and ETH. Horizen's custodial platform, Zenrock aims to pacify the volatile DeFi landscape by offering decentralized custody. Meanwhile, Horizen also underwent a network upgrade recently.
A prediction sees ZEN reaching
$50 by 2024-2027 despite the coin previously testing support at $60. New players in the crypto market, such as 'Catizen' and 'Dogizen' have been struggling lately, yet Catizen's game on Telegram continues to draw users. Zen the Panda, another crypto presale, managed a quick fundraising by raising $250,000 in minutes.
ZEN Coin News Analytics from Fri, 31 May 2013 07:00:00 GMT to Wed, 02 Apr 2025 07:00:00 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor -3
