GYEN Self Reported Market Capitalization Tops $34.79 Million (GYEN)

GYEN (GYEN) traded 0.1% lower against the U.S. dollar during the one day period ending at 11:00 AM ET on April 20th. One GYEN token can currently be bought for about $0.0064 or 0.00000010 BTC on major cryptocurrency exchanges. GYEN has a total market capitalization of $34.79 million and $49,391.56 worth of GYEN was traded on exchanges in the last day. During the last seven days, GYEN has traded 0.6% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0.3% higher against the dollar and now trades at $0.33 or 0.00000520 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.6% against the dollar and now trades at $0.0087 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

GYEN Token Profile

GYEN was first traded on February 28th, 2021. GYEN’s total supply is 2,098,780,833 tokens and its circulating supply is 5,396,921,683 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 currently 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 Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy GYEN using one of the aforementioned exchanges.

GYEN/USD price chart by TradingView