About Zenon
Zenon (ZNN) is a cryptocurrency . Users are able to generate ZNN through the process of mining. Zenon has a current supply of 7,102,886.41835725 with 6,330,750.41846925 in circulation. The last known price of Zenon is 0.44062241 USD and is down -1.93 over the last 24 hours. It is currently trading on 11 active market(s) with $0.00 traded over the last 24 hours. More information can be found at
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Market Stats
Market Cap
₹226.06M
-4.63%
FDV
₹3.22B
Circ. Supply
6.3M ZNN
Max Supply
90M ZNN
Total Supply
7.1M ZNN
Diluted Valuation
₹443.79M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹76.06K
84.85%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
₹5.21K
Price Change (1Y)
-42.32%
Additional details
Market details
ZNN vs markets
↘ 58.19%
ZNN vs BTC
↘ 64.17%
ZNN vs ETH
↘ 16.82%
Tags
mineable
defi
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x84b174628911896a3b87Fa6980D05Dbc2eE74836 | |
Ethereum | 0xb2e96a63479C2Edd2FD62b382c89D5CA79f572d3 |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹35.71 | ↘ 4.88% |
1 Day | ₹37.56 | ↘ 4.88% |
1 Week | ₹41.04 | ↘ 13.47% |
1 Month | ₹71.14 | ↘ 50.41% |
1 Year | ₹59.74 | ↘ 42.32% |
Coinbase insights
Recent trends
The latest ZNN price is ₹35.71. Compared to Zenon's value of ₹37.56 from 24 hours ago, there's been a -5% decrease, while the current price is -13% down from ₹41.04 which was recorded one week ago. Zenon's all time high is ₹5,206.82, which was reached on November 8, 2021. This is a -99% change from its price today.
The current circulating supply of Zenon is 6,330,750. This is 7% of its max supply of 90,071,993 ZNN and 89% of its total supply of 7,102,886. The market cap is currently ₹226.06M, which is a result of multiplying the current price of Zenon(₹35.71) by the total supply(7,102,886 ZNN). The fully diluted valuation of Zenon is ₹3.22B. The diluted valuation of Zenon is ₹3.22B.
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 INR currency in real-time. Get the live price of Zenon on Coinbase.
The current market cap of Zenon is ₹226.06M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Zenon is ₹5,206.82. 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 ₹76.06K.
Assets that have a similar market cap to Zenon include Statter Network, Radiant, DeepBrain Chain, 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.
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Legal
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.
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.