Horizen
Last modified on 11. October 2020
Quick Facts
Horizen was introduced by the user Zencash via bitcointalk.org on 26 July 2017. The logging of real-time trading data by coinmarketcap.com subsequently launched in July 2017.
Quarterly Averages
This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.
Trading Volume & Market Capitalization
For example, Horizen had an average trading volume of just under US$ 584 k per day for the first trimester of 2019. This figure came to nearly two m during the same period the year before. The trading volume retraced by 70.3 percent accordingly.
The average market capitalization during the first trimester of 2019 equated to over US$ 30.3 m. This figure came to nearly US$ 116 m during the same period in the previous year. The corresponding drop down in market capitalization equated to 73.9 percent.
Trading Price
In the first trimester of 2019, the average trading price equated to just under US$ 5.36. This figure came to just under US$ 39.8 during the same period of 2018. The corresponding downward price retracement equated to 86.5 percent.
The all-time high of Horizen in 2018
The price of the Horizen currency climbed to a high in January 2018 at just under US$ 67.3. The equivalent market capitalization of the coin reached nearly two hundred million US dollars. This put Horizen around certain other digital currencies, such as Ripio Credit Network, Blocknet, Pillar, Emercoin and SmartCash, among others.
Horizens all-time high compared to Bitcoin and the most renowned companies worldwide
Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 251 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 887 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 106 billion.
- Horizen (ZEN): 0.2 bn US dollars
- Bitcoin (BTC): 251 bn US dollars
- Apple (AAPL): 887 bn US dollars
- VW (VWAGY): 106 bn US dollars
- Date: 10 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Horizen stood at US$ 5.77 with a market capitalization of nearly US$ 32.6 million. A decline down to approximately 8.6 percent in comparison with the highest trading price described above.
Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.
More Details
The Horizen-Coin is a native coin and is generated through mining. Its maximum number of coins is exactly twenty-one million US dollars. If you are interested in the source code, be sure to also visit the GitHub page.
Current Horizen transactions can be tracked using this block explorer, which also shows block height and other real-time metrics.
To learn more about Horizen, download the white paper or find more links to community forums, source code and social media channels, visit academy.horizen.global.
Markets
USD
A large market for buying or selling Horizen in USD is Binance. Additional trading platforms for buying or selling Horizen in USD are OKEx, WhiteBIT and CoinEx, among others.
BTC
A large market for buying or selling Horizen in BTC is Binance. There are additional platforms where you can buy or sell Horizen, including VCC Exchange, Finexbox and HitBTC, among others.
Social Links
You can get in touch with the Horizen team directly by visiting the following social media channels:
1. This figure changes to 0.0372 percent when taking Bitcoin out of the equation.