Horizen Shows Strength During the Bitcoin Crash - 3 Reasons Why
Despite the recent Bitcoin Crash, I remain bullish on HORIZEN.
Here are my 3 reasons why:
Here are my 3 reasons why:
- Celsius Network-Horizen Partnership and Listing
One of the main qualities of Cryptocurrency is technological "trustlessness." Through Horizen's partnership with Celsius, Horizen will be able to showcase its technological ability to create a "Proof of Reserves." Simply said, we (the users) will be able to see within the blockchain if Celsius holds the amount of assets they claim to hold. This can also be replicated to other Crypto-Yield-Generating Organizations/Companies, whether CEFI or DEFI. My prediction, is this this will become a standard in crypto that will discourage nefarious practices such as over-reporting of assets and advertising of false financial data.
Another amazing thing about this technology is that it is "Privacy Preserving." This means that for CEFI or institutions that require KYC, depositors can be rest assured that their identity is held in secret and cannot be seen by Horizen or any third-parties.
Lastly, Celsius Network is planning to list
ZENUSDT
in the future. This will enable one of the biggest HODLer community to buy, hold and earn yield from
ZENUSDT
. To emphasize the impact of this listing, the Celsius Network Platform holds 21 Billion Dollars in total assets as of writing.
- Horizen is Hiring!
For me, one of best indicator for company growth is manpower hiring/recruitment. Recently, Horizen posted job openings in their site which clear sign that the project is growing.
- Whales are Buying the Dip
Whales are currently buying the dip at discounted prices. Try superimposing
ZENUSDT
to BITBAY:BTCUSD and it will show instances where
ZENUSDT
pumps while BITBAY:BTCUSD dumps.