What is the Current Market Overview of Crypto in November 2025?

Top 200 by market cap with $190 million valuation

In 2025, Zendesk has established itself as a significant player in the SaaS market, securing a position within the top 200 companies by market capitalization with a valuation of $190 million. This represents remarkable growth for the customer service software provider, demonstrating its increasing importance in the global technology ecosystem.

The company's market position can be understood better when compared to other major SaaS players:

Zendesk's impressive visitor traffic outperforms many larger companies in terms of monthly website engagement, demonstrating its strong user base and market presence. Despite having a smaller market capitalization than giants like ServiceNow ($193.96B) and Intuit ($182.94B), Zendesk maintains competitive user engagement metrics.

The company's growth trajectory follows the broader trend of increasing valuations in the SaaS sector, which has been driven by digital transformation initiatives across industries. As businesses continue to prioritize customer experience technologies, Zendesk's platform has become essential infrastructure for companies seeking to improve their service capabilities. The $190 million valuation reflects market confidence in Zendesk's business model and future growth potential in the expanding SaaS ecosystem.

Circulating supply of 16.26M out of 21M max supply

Horizen (ZEN) demonstrates a remarkable tokenomics structure with a carefully controlled supply mechanism. Currently, 16.26 million ZEN tokens circulate in the market, representing 77.43% of the maximum supply cap of 21 million tokens. This deliberate limitation mirrors Bitcoin's supply model, creating natural scarcity that potentially supports long-term value appreciation.

The supply statistics reveal important metrics for investors to consider:

This controlled release strategy shows Horizen's commitment to sustainable tokenomics. Unlike many projects that launched with pre-mines or ICOs, ZEN entered the market through fair launch mechanisms, enhancing its credibility among crypto enthusiasts. The fixed maximum supply creates deflationary pressure as adoption increases.

The token's availability across major exchanges and integration with the Base ecosystem positions it for continued market access. Furthermore, institutional interest in ZEN is evidenced by investment vehicles like Grayscale Horizen Trust, which provides exposure for traditional finance participants. The measured release of the remaining 22.57% supply serves as a stability mechanism, potentially reducing market volatility while supporting ecosystem growth over time.

24-hour trading volume of $42.2 million

The trading volume of Horizen (ZEN) has shown remarkable volatility, currently standing at approximately $42.2 million USD over the past 24 hours. This figure represents significant market activity and investor interest in this privacy-focused cryptocurrency. When examining recent historical data, we observe considerable fluctuations in daily trading volumes, indicating active market participation.

The substantial increase from previous weekly volumes of approximately $9.99 million to current levels demonstrates growing market confidence. Trading activity has surged particularly after Horizen completed its migration to the Base ecosystem as an ERC20 token, creating new opportunities for DeFi applications with privacy features. This migration catalyst has contributed to both volume growth and price appreciation, with ZEN showing a 26.83% increase in the last 24 hours and impressive 115.02% growth over the past 60 days.

The current trading volume represents approximately 16% of Horizen's total market capitalization of $263.4 million, suggesting healthy liquidity for traders and investors seeking to enter or exit positions in this asset. Such robust volume provides market stability and typically reduces slippage during large trades on major cryptocurrency exchanges.

Listed on major exchanges with high liquidity

Horizen's ZEN token has established a strong presence across the cryptocurrency exchange landscape, making it readily accessible to traders worldwide. The token benefits from substantial liquidity on several major exchanges, providing traders with efficient entry and exit opportunities. MEXC Global stands out as a particularly active marketplace for ZEN, featuring among its 724 available cryptocurrencies with impressive trading volumes exceeding $5.7 billion.

ZEN's exchange distribution extends beyond a single platform, creating a robust trading ecosystem:

This widespread exchange presence ensures price stability and reduces slippage for traders working with larger positions. For institutional investors, ZEN's availability through the Grayscale Horizen Trust provides an additional regulated access point. The token's recent migration to Base as an ERC-20 token has further enhanced its accessibility, opening new pathways for integration with decentralized exchanges like Aerodrome and Uniswap, where it continues to build liquidity pools for DeFi applications.

FAQ

What is the zen coin?

Zen (ZEN) is a cryptocurrency of the Horizen blockchain, using Equihash algorithm. It's tradable for other cryptos and serves as a medium of exchange and store of value in the Horizen ecosystem.

What is the future of Zen coin?

Zen coin's future looks promising, with potential for significant growth. By 2030, experts predict its value could increase substantially, driven by wider adoption and technological advancements.

What is the Donald Trump crypto coin?

The Donald Trump crypto coin, known as TrumpCoin (TRUMP), is a cryptocurrency supporting the Trump administration and conservative followers. As of 2025, it's priced at $0.004785 but not widely tradable yet.

What is the name of Elon Musk's crypto coin?

Elon Musk doesn't have his own crypto coin. However, he's closely associated with Dogecoin (DOGE), which he often endorses and calls 'the people's crypto'.