In a comprehensive review of recent development concerning
ZEN coin or
Horizen, the cryptocurrency has recently attained a yearly peak of $30 following Horizen's final halving event. The
SEC form 8-K filing for
Horizen Trust and the support of
Binance for Horizen network upgrade have both amplified this upswing. With a significant boost in volume activity, analysts are predicting $50 as the next milestone. However, Binance's plan to delist low liquidity trading pairs for ZEN may impact this trajectory. With the rise of meme coins such as
'Zen The Panda', the cryptocurrency market remains volatile indicating the need for innovative solutions like decentralized custody offerings.
Horizen recently scrapped its privacy coin moniker amid regulatory scrutiny, and it's now available on Coinbase. Future plans and potential price rises have kept ZEN in analysts' radar. The acquisition of
Zen Match by Coin Master maker Moon Active also signals increased market activity involving Zen. As the trending coin in the crypto market, Horizen has managed to attract investment despite market uncertainties, continuing its growth trajectory with a seed funding round that raised $7M. However, market predictions suggest the price of ZEN coin may test the lower support of $60 in future.
ZEN Coin News Analytics from Fri, 31 May 2013 07:00:00 GMT to Wed, 23 Apr 2025 22:00:00 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor 2