LIVE
BTC$64,297.00 2.20%ETH$1,813.28 1.85%USDT$0.9993 0.02%BNB$588.75 0.07%USDC$0.9999 0.01%XRP$1.15 0.81%SOL$82.53 1.28%TRX$0.3291 0.34%FIGR_HELOC$1.04 0.52%HYPE$71.19 0.37%DOGE$0.0773 0.20%USDS$0.9998 0.00%RAIN$0.0151 1.00%LEO$9.41 1.58%ZEC$454.57 1.69%ADA$0.1856 2.66%XLM$0.2017 0.03%WBT$57.61 1.35%XMR$324.96 1.13%LINK$8.06 0.52%CC$0.1384 1.80%LAB$15.66 7.60%BCH$246.73 0.73%GRAM$1.79 0.78%DAI$0.9998 0.00%USD1$0.9983 0.06%USDE$0.9988 0.02%LTC$45.33 0.60%HBAR$0.0738 2.34%USDG$1.0000 0.00%BTC$64,297.00 2.20%ETH$1,813.28 1.85%USDT$0.9993 0.02%BNB$588.75 0.07%USDC$0.9999 0.01%XRP$1.15 0.81%SOL$82.53 1.28%TRX$0.3291 0.34%FIGR_HELOC$1.04 0.52%HYPE$71.19 0.37%DOGE$0.0773 0.20%USDS$0.9998 0.00%RAIN$0.0151 1.00%LEO$9.41 1.58%ZEC$454.57 1.69%ADA$0.1856 2.66%XLM$0.2017 0.03%WBT$57.61 1.35%XMR$324.96 1.13%LINK$8.06 0.52%CC$0.1384 1.80%LAB$15.66 7.60%BCH$246.73 0.73%GRAM$1.79 0.78%DAI$0.9998 0.00%USD1$0.9983 0.06%USDE$0.9988 0.02%LTC$45.33 0.60%HBAR$0.0738 2.34%USDG$1.0000 0.00%
G.MARKETS/PAIR ANALYSIS·Horizen logoZENTether logoUSDT· LIVE· as of 21:53 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

ZEN WOULD BE
$0.00000000
currently $4.26 · target mcap $184.21B
MULTIPLIER
0.00x

ZEN needs a 2.4Kx move to match USDT's valuation

COIN PROFILES·ZEN vs USDT
Horizen logo
Horizen
SOURCE

What is the project about? 

PRICE$4.26
24H CHANGE 0.94%
MARKET CAP$77.34MFDV $89.35M · 13% supply locked
RANK#322
SUPPLY18.2M ZEN
DOMINANCE<0.01%
VS
Tether logo
USDTVerified by G.MARKETS
Tether
TARGET

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

PRICE$0.9993
24H CHANGE 0.02%
MARKET CAP$184.21BFDV $189.67B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.07%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
2.4Kx bigger
ZEN$77.34M
USDT$184.21B
THE CLIMBHorizen logoZENTether logoUSDTMULTIPLIER 2.4KxGAP$184.13B
$100.00M$1.00B$10.00B$100.00B
Horizen logo
SOURCEZEN$77.34M
Tether logo
TARGETUSDT$184.21B
GALA logo
GALA$111.03M
CASH logo
CASH$126.47M
Zano logo
ZANO$145.96M
IOTA logo
IOTA$171.88M
The Graph logo
GRT$201.09M
Pendle logo
PENDLE$250.43M
First Digital USD logo
FDUSD$347.33M
TrueUSD logo
TUSD$493.61M
ADI logo
ADI$736.01M
Ethereum Classic logo
ETC$1.12B
World Liberty Financial logo
WLFI$1.88B
Gram (prev. Toncoin) logo
GRAM$4.87B
log scale · mcap in USDJul 6, 2026
Horizen logo
ZENHorizen
$77.34MSOURCE
GALA logo
GALA
$111.03M
CASH logo
CASH
$126.47M
Zano logo
ZANO
$145.96M
IOTA logo
IOTA
$171.88M
The Graph logo
GRT
$201.09M
Pendle logo
PENDLE
$250.43M
First Digital USD logo
FDUSD
$347.33M
TrueUSD logo
TUSD
$493.61M
ADI logo
ADI
$736.01M
Ethereum Classic logo
ETC
$1.12B
World Liberty Financial logo
WLFI
$1.88B
Gram (prev. Toncoin) logo
GRAM
$4.87B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF ZEN HIT USDT MCAP·TARGET $10,133.86
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 ZEN$426.00$1,013,385.87+$1,012,959.87
Coffee money1K ZEN$4,260.00$10,133,858.71+$10,129,598.71
Small bag10K ZEN$42,600.00$101,338,587.15+$101,295,987.15
Real bag100K ZEN$426,000.00$1,013,385,871.50+$1,012,959,871.50
Whale bag1M ZEN$4,260,000.00$10,133,858,715.00+$10,129,598,715.00
Generational10M ZEN$42,600,000.00$101,338,587,149.95+$101,295,987,149.95
$184.21B compared to the world
UnitedHealthUNH
$450.00B
USDT mcap is 40.9% of UnitedHealth
NetflixNFLX
$380.00B
USDT mcap is 48.5% of Netflix
UberUBER
$160.00B
USDT mcap is 1.15× Uber
NikeNKE
$130.00B
USDT mcap is 1.42× Nike
StarbucksSBUX
$100.00B
USDT mcap is 1.84× Starbucks
SpotifySPOT
$90.00B
USDT mcap is 2.05× Spotify

About this comparison

This page compares the market capitalizations of Horizen (ZEN) and Tether (USDT). With Horizen currently at $4.26 per coin and a market cap of $77.34M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to Horizen's circulating supply produces a hypothetical ZEN price of $10,133.86 — a 2.4Kx move from current.

Horizen: What is the project about?&nbsp;

Tether: Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Horizen had Tether's market cap, what would the price be?

If Horizen (ZEN) had Tether's (USDT) current market cap of $184.21B, each ZEN would be worth approximately $10,133.86 based on the circulating supply of 18,177,614 ZEN. That is 2.4Kx the current ZEN price of $4.26.

What is the current market cap of Horizen?

Horizen (ZEN) currently has a market cap of $77.34M, ranking #322 by market capitalization. Each ZEN trades at $4.26.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.21B, ranking #3 by market capitalization. Each USDT trades at $0.9993.

How does ZEN compare to USDT?

Horizen's market cap of $77.34M sits orders of magnitude beyond Tether's $184.21B. For ZEN to reach USDT's current valuation, the price would need to move 2.4Kx from its current level.

Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Horizen's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.