GYEN (GYEN) Trading 1.1% Higher This Week

GYEN (GYEN) traded up 0.2% against the US dollar during the 24-hour period ending at 21:00 PM Eastern on September 14th. One GYEN token can currently be purchased for approximately $0.0070 or 0.00000012 BTC on cryptocurrency exchanges. Over the last seven days, GYEN has traded up 1.1% against the US dollar. GYEN has a market capitalization of $14.71 million and approximately $1,282.91 worth of GYEN was traded on exchanges in the last day.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 0.4% against the dollar and now trades at $0.0493 or 0.00000082 BTC.
• P2P Solutions foundation (P2PS) traded down 0.3% against the dollar and now trades at $156.87 or 0.00260950 BTC.

GYEN Token Profile

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

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 buy alternative cryptocurrencies such as GYEN directly using US dollars. Investors seeking to trade GYEN should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy GYEN using one of the exchanges listed above.

GYEN/USD price chart by TradingView