What determines the price movement of Zen (ZEN)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Zen. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Zen, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Zen. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Zen on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Zen. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Zen and the broader cryptocurrency market.

What is the highest price of Zen price in history?

Zen achieved the all-time high of 0.172043 in 2024-10-16, and is currently trading at 0.00678317.

What is the lowest price of Zen price in history?

Zen reached its all-time low of 0.00009266 on 2024-10-27.

What is the current market cap of Zen?

The current market cap of Zen is , as ZEN is trading at the price of 0.00678317.

How many Zen are there in the market?

There are currently ZEN circulating in the market. These Zen can be actively traded or used in the open market.

What is the maximum supply of Zen?

The maximum supply of ZEN is 1000000000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Zen?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Zen is 6783170.000000000. The FDV is calculated taking the assumption that all supply of Zen is circulation, multiplied by its current price of 0.00678317.

What is the price prediction of Zen ?

Using an algorithm to automatically identify historical data trends, this Zen price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Zen a good investment?

Zen offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Zen and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Zen.

You can buy Zen via Gate by following the steps on how to buy ZEN once you have funded your account.

Zen Price

ZEN

This cryptocurrency is not listed for trading or services on Gate.

Zen (ZEN) Price Live Chart

Zen (ZEN) Price Today

Zen (ZEN) price today is $0.006783, with a 24-hour trading volume of $153.56 and as such Zen (ZEN) has a market cap of --, giving it a market dominance of 0.00027%. The Zen (ZEN) price moved -0.32% in the last 24 hours.