Niuhulu·ZEN is an old tree that has sprouted new buds. After removing the observation label, it will usher in huge space and challenges! Is it worth value investment?

Today we are going to talk about ZEN. While CRV was banished to the cold palace, Niuhulu ZEN returned. From being labeled as an observation in January to being removed from observation in July, what has ZEN experienced in the past six months? As a three-year ZEN major holding group, I will take you to review the story behind ZEN's gorgeous turnaround, and then imagine ZEN's future market performance.

In January, the privacy coin controversy arose, and major exchanges have suspended, removed, or labeled privacy-related tokens. ZEN, as a privacy coin, was put on the back burner. The anonymous sector is doomed, and ZEN has begun to actively save itself:

Technically, the shielded pool was first removed in early February. Any shielded pool transactions were rejected, and only transparent transactions could be submitted. It was officially announced that ZEN is no longer a privacy coin.

In late February, the proposal promoted the construction of the modular proof verification layer (ZK Verify), and emphasized that the construction of anonymity to transparency and modularity would not affect the normal minting of mining pools and modify the token economics. ZK Verify enhances the convenience of ecological developers' work and can be used in various application scenarios that require privacy verification, such as identity authentication, voting systems, financial transactions, etc.

In June, the official browser was updated to improve the user experience; community voting was actively initiated to promote major upgrades of the project. As a mining machine coin, it abandoned the old technology stack, increased the block speed of the project operation, and embraced a more complete ecosystem. Recently, the ZK application has been optimized, and the EON1.4 hard fork has been activated. The ZEN project plans to completely migrate to EON2.0 across chains after the vote at the end of June. After the migration is completed, the original Horizen main chain will be invalidated. After the migration, Horizen 2.0 can update the seamless integration and cost-effective verification ZK Verify to run better.

Overall, I think ZEN has gone from anonymous to transparent in just 6 months, and the Horizen ecosystem has completely migrated cross-chain to Horizen 2.0, which is really fast. I have to say that for the last bull market, the current ZEN technical team is really working and deserves a thumbs up.

Speaking of this, we have to mention those projects that have not been able to complete cross-chain in the past two or three years. Take a look at them yourself. Don’t you feel embarrassed? If you don’t actively update and don’t let the market see hope, such projects will be finished sooner or later!

Back to the point, ZEN not only puts full effort into technology, but also attaches great importance to the community. The community is well maintained, and the official and fans often maintain enthusiastic interactions in the community. The ZEN big user group has been announcing and updating the progress of the project development, so that all big users can at least keep abreast of the situation. The official Twitter is also updated actively, and AMA is often held to answer questions and solve doubts for fans. The progress of the project is disclosed in a timely manner to ensure openness and transparency, so that the community and fans can rest assured. In terms of external interaction, ZK Verify integrates with ApeChain to improve its game performance. The market also recognizes such projects, and the currency price performance is generally stable.

After looking into what the project has done, I think the current price is far from what ZEN should be worth! Currently, the circulation supply of ZEN tokens is 72%, the liquidity index is 36.58%, and the market value is only 100 million US dollars. Not to mention the low value, and with the support of the ZK Verify function, I dare say that the value of ZEN is seriously underestimated in the bull market!

Finally, let’s summarize:

Based on the data disclosed in the core community, I can see the following positive news for ZEN in the next six months:

1. Full EVM compatibility: Enhanced interoperability with other blockchains opens up unlimited possibilities for cross-chain collaboration and integration, which means Horizen will have more opportunities and partnerships.

2. The widespread application of ZK verify in the future, the opening of delegated staking in the third quarter, the deployment of the ENO2.0 test network and main network, and the halving in December will all be the right time for ZEN to exert its strength.

3. ZEN’s capital is only from DCG and Grayscale, but the current problem is that 2/3 of ZEN has been mined, and only 1/3 is left to be mined. When new capital enters the market, there is no chips allocated to them at all. They need chips, so where do the chips come from?

4. The details of the current ZEN new coin issuance are still pending. It will either be airdropped to ZEN holders or exchanged for ZEN. The distribution ratio will definitely not be unfair to the original ZEN holders.

5. The so-called expectation of rising and selling facts, ZEN has made a good guarantee after the Binance observation label was removed. Now is a very good time to enter ZEN!

6. The negative impacts on Zen in recent years have already been released, and there is no risk anymore, and all the future will be good news.

7. How high will the price go? You can follow me. I will continue to pay attention to ZEN and will update and announce it in time if there is any major good news. Hold the ZEN in your hand, sit firmly in the car, and wait for a good harvest!