With a total market cap of over $161 million, Horizen is the No. 366 cryptocurrency by market size. The currency symbol for Horizen is ZEN. Horizen uses the Equihash hashing algorithm and it has a blocktime of 2 minutes. There will only ever be 21 million Horizen tokens issued. So far 14.3 million tokens (68.2% of the total supply) have been issued.
Users or ZEN nodes are advised to upgrade to version 3.2.0 and discontinue use of older versions: https://blog.horizen.io/download-the-mandatory-zen-3-2-0-software-upgrade-today/.
The technical price analysis for Horizen below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Horizen.
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Horizen FAQs
QWhat is the blocktime for Horizen?
AThe blocktime for Horizen is 2 minutes. Blocktime is the time interval between new blocks being added to the blockchain. Some people argues that slower blocktimes are more secure and scalable and that faster blocktimes allow faster transactions. It is a highly debatable topic in the crypto community.
QWhat hashing algorithm does Horizen use?
AHorizen uses the hasing algortihm Equihash.
QWhat was the highest price that Horizen ever reached?
AThe highest price that Horizen ever reached was $165.92 USD. This all time high price occured on 8 May 2021.
QWhat was the lowest price that Horizen ever reached?
AThe lowest price that Horizen ever reached was $3.26 USD. This all time low price occured on 17 Oct 2019.
QDoes Horizen have a Reddit channel?
AYes you can find the Horizen Reddit channels at .
QIs Horizen mineable?
AYes Horizen is mineable which means that new coins can be created by miners working on the network.
QWhat concensus algorithm does Horizen use?
AHorizen uses a proof of work concensus algorithm.
QIs it a good time to buy Horizen?
AYou can check the technical indicators for Horizen on the Horizen Price Trend tab. These indicators are based on the analysis of multiple trading signals for Horizen.
QWhere is the best place to buy Horizen?
AYou can find the cheapest exchange on which to buy Horizen on the Horizen Buy tab.
QCan you get a Horizen loan without collateral?
AAlmost all Horizen loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Horizen flash loans which allow you to borrow uncollateralised Horizen for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Horizen loans on the Horizen Loans tab.
QWhich venture capital firms have invested in Horizen?
AThe following venture capital firms have invested in Horizen: DCG.
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