Horizen cryptocurrency (ZEN) appeared as a result of the ZClassic hard fork, which is a fork of Zcash. Horizen cryptocurrency was formerly named ZenCash. The main aim of the development is to ensure users’ anonymity.
At the end of 2019, ZEN cryptocurrency price began to grow. What are the prerequisites for asset growth? Find out in Horizen (ZEN) price prediction for 2020-2025.
- Horizen (ZEN) Overview
- Horizen (ZEN) Fundamental Value
- Horizen (ZEN) Price Analysis
- Horizen (ZEN) Prediction Table
- Horizen Price Prediction 2022
- ZEN Price Forecast for November 2022
- December 2022: Horizen Price Forecast
- Horizen Price Prediction 2023
- Horizen Price Prediction 2024
- Horizen Price Prediction 2025
- Horizen Price Prediction 2026
- Horizen Price Prediction 2027
- Horizen Price Prediction 2028
- Horizen Price Prediction 2029
- Horizen Price Prediction 2030
- Horizen Price Prediction 2031
- Horizen price now
- Is Horizen a good investment?
- Can Horizen rise?
- How much will Horizen be worth 2023?
- How much will Horizen be worth 2025?
- How much will Horizen be worth 2030?
Horizen (ZEN) Overview
Horizen (ZEN) Fundamental Value
Horizen is zk-SNARKs based blockchain platform. It was launched as ZenCash cryptocurrency. The digital asset is Zcash fork, so there was no ICO. The fork occurred on January 9, 2018.
Technically, the Horizen cryptocurrency differs little from Zcash and Zclassic:
- The mining algorithm is Equihash,
- The consensus protocol is Proof of Work;
- The maximum issue volume is 21 million.
However, the system of rewards for miners has undergone certain changes. Miners receive 88% of mined coins. The remaining 12% is distributed between the financing of new developments, support for distributed nodes and developers.
The distinctive features of Horizen cryptocurrency highlight precisely the priority in the development of communications. The project is developing the following features:
- transaction anonymity based on advanced Horizen technologies;
- a decentralized network based on distributed and reliable nodes to protect the confidentiality of all its participants;
- the security of publications and messaging is based on the anonymity of the network.
A system of secure nodes is used to form an anonymous Horizen network. These nodes are supported by a certain share of the production of each block. Developers strive to create a global platform where each user can independently manage personal data without transferring it to any structures.
Horizen is actively interacting with the IPFS platform, which allows to develop and improve the next-generation Internet. New technologies are based on protecting users from centralized management and maintaining data confidentiality, from the history of visits and activity to publications and other content.
Horizen (ZEN) Price Analysis
According to the latest data gathered, the current price of Horizen is $$9.59, and ZEN is presently ranked No. 157 in the entire crypto ecosystem. The circulation supply of Horizen is 13,080,944 ZEN, with a market cap of $125,410,728.94.
In the past 24 hours, the crypto has increased by $0.48 in its current value.
For the last 7 days, ZEN has been in a good upward trend, thus increasing by 0.13%. Horizen has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
Within the last month, the price of ZEN has decreased by 29.09%, eliminating a whopping average sum of $2.79 from its current value. This sudden drop means that the coin is in a dip right now, so it can be a good buying opportunity for quick investment.
Horizen (ZEN) Prediction Table
Horizen Price Prediction 2022
According to the technical analysis of Horizen prices expected in 2022, the minimum cost of Horizen will be $9.96. The maximum level that the ZEN price can reach is $10.73. The average trading price is expected around $10.44.
ZEN Price Forecast for November 2022
Based on the price fluctuations of Horizen at the beginning of 2022, crypto experts expect the average ZEN rate of $10.04 in November 2022. Its minimum and maximum prices can be expected at $9.08 and at $10.33, respectively.
December 2022: Horizen Price Forecast
Cryptocurrency experts are ready to announce their forecast for the ZEN price in December 2022. The minimum trading cost might be $9.96, while the maximum might reach $10.73 during this month. On average, it is expected that the value of Horizen might be around $10.44.
Horizen Price Prediction 2023
After the analysis of the prices of Horizen in previous years, it is assumed that in 2023, the minimum price of Horizen will be around $14.75. The maximum expected ZEN price may be around $17.40. On average, the trading price might be $15.17 in 2023.
Horizen Price Prediction 2024
Based on the technical analysis by cryptocurrency experts regarding the prices of Horizen, in 2024, ZEN is expected to have the following minimum and maximum prices: about $21.29 and $25.58, respectively. The average expected trading cost is $22.04.
Horizen Price Prediction 2025
The experts in the field of cryptocurrency have analyzed the prices of Horizen and their fluctuations during the previous years. It is assumed that in 2025, the minimum ZEN price might drop to $30.31, while its maximum can reach $37.63. On average, the trading cost will be around $31.41.
Horizen Price Prediction 2026
Based on the analysis of the costs of Horizen by crypto experts, the following maximum and minimum ZEN prices are expected in 2026: $53.40 and $43.63. On average, it will be traded at $45.20.
Horizen Price Prediction 2027
Crypto experts are constantly analyzing the fluctuations of Horizen. Based on their predictions, the estimated average ZEN price will be around $64.40. It might drop to a minimum of $62.14, but it still might reach $76.56 throughout 2027.
Horizen Price Prediction 2028
Every year, cryptocurrency experts prepare forecasts for the price of Horizen. It is estimated that ZEN will be traded between $92.84 and $109.64 in 2028. Its average cost is expected at around $95.42 during the year.
Horizen Price Prediction 2029
Cryptocurrency analysts are ready to announce their estimations of the Horizen’s price. The year 2029 will be determined by the maximum ZEN price of $160.33. However, its rate might drop to around $132.54. So, the expected average trading price is $137.31.
Horizen Price Prediction 2030
After years of analysis of the Horizen price, crypto experts are ready to provide their ZEN cost estimation for 2030. It will be traded for at least $190.70, with the possible maximum peaks at $229.77. Therefore, on average, you can expect the ZEN price to be around $197.57 in 2030.
Horizen Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Horizen’s price. The year 2031 will be determined by the maximum ZEN price of $331.75. However, its rate might drop to around $279.12. So, the expected average trading price is $287.02.
Horizen price now
As of now, Horizen (ZEN) price is $9.55 with Horizen market capitalization of $124,899,685.24.
Is Horizen a good investment?
The forecast for Horizen price is quite positive. It is expected that ZEN price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can Horizen rise?
It seems that the average price of Horizen might reach $10.44 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $64.40. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will Horizen be worth 2023?
ZEN minimum and maximum prices might hit $14.75 and $17.40 accordingly.
How much will Horizen be worth 2025?
Horizen network is developing rapidly. ZEN price forecast for 2025 is rather positive. The ZEN average price is expected to reach minimum and maximum prices of $30.31 and $37.63 respectively.
How much will Horizen be worth 2030?
ZEN is provided with suitable environment to reach new heights in terms of price. ZEN price prediction is quite positive. Business analysts predict that ZEN might reach the maximum price of $229.77 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.