GYEN Achieves Self Reported Market Capitalization of $33.36 Million (GYEN)

GYEN (GYEN) traded 1.2% higher against the dollar during the one day period ending at 12:00 PM E.T. on June 19th. One GYEN token can now be purchased for about $0.0062 or 0.00000010 BTC on exchanges. GYEN has a market cap of $33.36 million and approximately $12,110.32 worth of GYEN was traded on exchanges in the last 24 hours. In the last seven days, GYEN has traded 3.4% lower against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • KILT Protocol (KILT) traded up 3.8% against the dollar and now trades at $0.22 or 0.00000334 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% 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.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 1.5% higher against the dollar and now trades at $0.0104 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

GYEN Profile

GYEN’s genesis date was 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 possible to purchase alternative cryptocurrencies such as GYEN directly using U.S. dollars. Investors seeking to trade GYEN should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase GYEN using one of the exchanges listed above.

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