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Market

Market stats

Market cap

$8.8M

Volume (24h)

$10,178.60

Circulating supply

6.3M ZNN

All time high

$60.13

Price change (1h)

0%

Price change (24h)

+1.11%

Price change (7d)

-3%

About Zenon

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. 

News about Zenon

BeInCrypto • Mar 02, 24

Cyber Security Experts Explain How to Avoid Getting Your Crypto Wallet Hacked

Evilcos of SlowMist advises on strengthening crypto wallet security, advocating for browser extensions and personal vigilance amid rising thefts and hacks.The post Cyber Security Experts Explain How to Avoid Getting Your Crypto Wallet Hacked appeared first on BeInCrypto.

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Decrypt • Mar 02, 24

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DeFi protocols, incentivized gaming ecosystems, and meme coins are already dominating the Blast ecosystem in the first days.

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The Defiant • Mar 02, 24

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The Defiant's most read stories for the week of Feb. 26.

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Unchained • Mar 02, 24

How This Crypto Rally Is Different: Bitcoin Has Been Leading AltCoins

The price of bitcoin surged past the $60,000 mark on Wednesday for the first time since November 2021. The world’s largest digital asset by market cap has dominated the early part of the bull market rally, a time when altcoins often show the strongest performance. However, altcoins have started t...

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CoinDesk • Mar 02, 24

Protocol Village: Ankr to Create Liquid Staking Tokens for Bitcoin Staked via Babylon

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 29-March 6.

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The Block • Mar 02, 24

Ethereum Layer 2 developer Taiko announces $15 million Series A round ahead of mainnet launch

Ethereum Layer 2 developer Taiko announced a $15 million Series A funding round as it prepares for its mainnet launch.

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Zenon is on the decline this week.

The price of Zenon has increased by 0.00% in the last hour and increased by 1.11% in the past 24 hours. Zenon’s price has also fallen by 3.00% in the past week. The current price is $1.40 per ZNN with a 24-hour trading volume of $10.18K. Currently, Zenon is valued at 97.68% 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 6,330,750.418.

FAQ

What is the current price of Zenon?

We update our Zenon to USD currency in real-time. Get the live price of Zenon on Coinbase.

What is the market cap of Zenon?

The current market cap of Zenon is $8.84M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Zenon?

The all-time high of Zenon is $60.13. This all-time high is highest price paid for Zenon since it was launched.

What is the 24 hour trading volume of Zenon?

Over the last 24 hours, the trading volume of Zenon is $10.18K.

What other assets are similar to Zenon?

Assets that have a similar market cap to Zenon include Minted, Dvision Network, BABB, and many others. To see a full list, see our comparable market cap assets.

How many Zenon are there?

The current circulating supply of Zenon is 6.3 million.

Can I buy Zenon on Coinbase?

Yes, Zenon is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Zenon guide.

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