GYEN Price Down 2% Over Last Week (GYEN)

GYEN (GYEN) traded 1.2% higher against the US dollar during the 1-day period ending at 14:00 PM Eastern on October 24th. Over the last seven days, GYEN has traded 2% lower against the US dollar. GYEN has a total market capitalization of $13.36 million and $1,258.66 worth of GYEN was traded on exchanges in the last day. One GYEN token can now be purchased for approximately $0.0064 or 0.00000009 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded up 2% against the dollar and now trades at $163.28 or 0.00241120 BTC.

GYEN Token Profile

GYEN’s launch date was February 28th, 2021. GYEN’s total supply is 2,098,780,833 tokens. The official message board for GYEN is gmotrust.medium.com/introducing-the-first-regulated-jpy-pegged-stablecoin-gyen-c3d1a80c91ee. GYEN’s official Twitter account is @gmotrust and its Facebook page is accessible here. GYEN’s official website is stablecoin.z.com.

According to CryptoCompare, “GYEN anchors its value to the price of the Japanese Yen. Redeemable and pegged 1-to-1 with fiat currency to virtually eliminate volatility, while still benefiting from the advantages of cryptocurrency, such as high-speed transaction and low costs, especially for cross-border payments.”

Buying and Selling GYEN

It is usually not possible to purchase alternative cryptocurrencies such as GYEN directly using US dollars. Investors seeking to trade GYEN should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase GYEN using one of the aforementioned exchanges.

GYEN/USD price chart by TradingView