About Zenon
Market Stats
Market Cap
$3,660,212.94
FDV
$52,076,397.09
Circulating Supply
6,330,750.418 ZNN
Max Supply
90,071,992.547 ZNN
Total Supply
7,102,886.418 ZNN
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$16,329.07
1.07%
All time high
$60.13
Additional info about Zenon
Networks and details
The price of Zenon has decreased by 0.06% in the last hour and increased by 2.70% in the past 24 hours. Zenon’s price has also fallen by 7.40% in the past week. The current price is $0.58 per ZNN with a 24-hour trading volume of $16.33K. Currently, Zenon is valued at 99.04% below its all time high of $60.13. This all-time high was the highest price paid for Zenon since its launch.
The current circulating supply of Zenon is 6,330,750.418 ZNN which means that Zenon has as total market cap of $3,660,212.94.
Price history
Today | $0.58 | ↗ 2.70% |
1 Day | $0.56 | ↗ 2.70% |
1 Week | $0.63 | ↘ 7.40% |
1 Month | $0.72 | ↘ 19.09% |
1 Year | $1.28 | ↘ 54.64% |
Market details
Performance against other markets | ↘ 55.22% |
Performance against BTC | ↘ 62.25% |
Performance against ETH | ↘ 10.72% |
Performance in the past year | ↘ 54.64% |
FAQ
Zenon (ZNN) is a decentralized network dedicated to building new tools for a strong digital ecosystem in future. The Zenon network seeks to enable everyone to move value instantly around the world, in a simple, secure way without any fee.
Decentralized alternatives gradually aim to overcome existing restrictions and drawbacks of skepticism against centralized services. However, it is challenging to create and maintain DApps due to slow and inefficient storage and processing speeds. Also, developers need time to become acquainted with new programming languages to build these apps as they constantly need to upskill to stay relevant in the market. As a result, current decentralized solutions are challenging to scale up and prohibit active participation from developers and users.
Zenon intends to redefine the contemporary status of DApp platforms. The network allows execution of multiple transactions while maintaining the decentralized fabric. The cryptocurrency acts as a store of value and allows for the development of zApps. These applications essentially create an ecosystem that allows developers to construct new applications from scratch or convert current applications to Zenon's decentralized architecture. zApps aim to increase flexibility, scalability, and performance and explore new revenue streams, reduce costs, and attract developers to the Zenon ecosystem.
The whitepaper proposes a new decentralized architecture named the Network of Momentum (NoM) that uses virtual voting for consensus to construct zApps. NoM provides the tools necessary to build, develop, and administer the decentralized world. This approach hopes to attract developers, inventors, and entrepreneurs who want to commercialize their intellectual assets. Four key actors built the Network of Momentum, namely:
Running on the Binance Smart Chain, ZNN is the native utility token of the platform. ZNN is used as locked collateral to create Pillars, Sentinels, and Staking. The Zenon Token standard (ZTS) aims to give developers and consumers a versatile and secure way to issue and handle tokens. ZNN tokens are simple to use and allow creating and managing of tokens almost instantaneously, without the need for any coding expertise.
The whitepaper is titled “Network of Momentum-leaderless BFT dual ledger architecture,” and the draft version was released on March 31, 2020.
Staking on the Zenon network requires nodes to lock a fixed number of tokens. Staking enables users to gain different network roles, such as Sentinel and Pillar nodes. Staking is done for a fixed period. At the start of each staking cycle, all nodes in the network calculate their stake weight. The overall stake during that period determines the virtual voting procedure. Pillar nodes with high stakes make judgments within the consensus algorithm to settle transactions. Nodes can unlock the stake at any time; however, consensus nodes must wait for a period known as the "unstaking period." Nodes execute all transactions relevant to locking, delegating, and unlocking stakes.
We update our Zenon to USD currency in real-time. Get the live price of Zenon on Coinbase.
The current market cap of Zenon is $3.66M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Zenon is $60.13. This all-time high is highest price paid for Zenon since it was launched.
Over the last 24 hours, the trading volume of Zenon is $16.33K.
Assets that have a similar market cap to Zenon include Celsius, Napoli Fan Token, Quidax Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Zenon is 6.3 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#2812
Contributors
28
Posts
602,417
% About Zenon
0.008%
Hold times
0 days
X (Twitter)
20.41% bullish
Sentiment
2.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
28 unique individuals are talking about Zenon and it is ranked #2,812 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Zenon has an average sentiment score of 2.4 out of 5. Finally, Zenon is becoming more newsworthy, with 0 news articles published about Zenon. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Zenon. There were 20.41% of tweets with bullish sentiment compared to 4.08% of tweets with a bearish sentiment about Zenon. 75.51% of tweets were neutral about Zenon. These sentiments are based on 49 tweets.
On Reddit, Zenon was mentioned in 0 Reddit posts and there were 0 comments about Zenon. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.