This article describes a stablecoin aligned with the Japanese Yen to protect investors from crypto volatility. Read on gyen crypto price prediction.
Are you interested in investing in crypto tokens that are less volatile and have the potential to provide a good return on investment in the future? If yes, this article will provide you with all the relevant information about this stable token.
People from the United States and other parts of the world were eagerly waiting for such stable coins to invest in without fearing crypto market volatility and large crashes that occured with other crypto tokens. Understand all about gyen crypto price prediction.
About GYEN Token
GYEN is a stablecoin that represents the value of its underlying asset, Japanese Yen. The price of the token varies according to the price fluctuation of Yen, and the token is pegged 1-to-1 with the Japanese Yen, making it more stable and less volatile.
This stablecoin project works on the Ethereum network making it more feasible and faster. All the transactions are transparent and are visible to the public, making them more trustworthy. The token issuer GMO trust is registered under NYS banking laws and is regulated by the NYS Department of financial services, making the token more authentic.
gyen crypto price prediction
- The market cap of the coin has risen to more than 30% in the last 24 hours. This data shows a high demand for this token.
- The price of the token can go higher depending on the number of buyers.
- Historical data suggest that the coin has a high probability for an upward move once it breaches the 7D high of $0.01913.
- Investors should only consider buying with proper risk management and position sizing suitable for their capital.
- As this token is available in different crypto pairs, it is easy to transact with different exchanges.
Market Capitalization
- Current price: $0.01178. Read on gyen crypto price prediction.
- 24h Low: $0.008793
- 24h High: $0.01913
- Trading Volume(24h): $17,233,108.72
- Market Rank: 817
- Fully Diluted Market Cap: $26,745,169.10
- Market Cap: $26,745,169.10
- ATH: $0.345
- ATL: $0.007404
- Max Supply: N/A
- Total Supply: 2,231,211,096 GYEN
- Circulating Supply: 2,231,211,096 GYEN
Founders and Team
- Ken Nakamura is the CEO and Board Director of the GMO-Z.com Trust Company.
- Tomohisa Onishi is the COO.
- Robert Kalkstein handles the role of CFO.
- Takashi Shimahara is the CCO and Board Director.
- Takeshi Miyazaki is the CISO.
- Alex RussellDeputy handles the roles of BSA/AML Officer and Chief Compliance Officer.
- Kurt Bierbower is the SVP of Biz. Dev. More on gyen crypto price prediction.
- Kyohei Sanada is the Director of Engineering.
- The other board members include Beth Haddock, Yuki Kawasaki, Robert Fleschler, Mark Lurie, and Chris Spoth.
Where to Buy GYEN?
- GYEN token is available on Uniswap (V2).
- The user needs to connect their wallet like TrustWallet or MetaMask with Uniswap (V2).
- Enough funds need to be loaded into the wallet in the form of USDC. Prefer a low volatile market to avoid huge price slippage.
- The user can make use of the USDC/GYEN trading pair.
- The user can then exchange the USDC available in the wallet to purchase GYEN. Read about gyen crypto price prediction.
- After completing the exchange, the current user’s wallet is then loaded with GYEN tokens.
FAQs
Q1: What is the Ethereum contract address for GYEN?
A1: The Ethereum GYEN contract address is 0xC08512927D12348F6620a698105e1BAac6EcD911.
Q2: Which trading pairs are available for GYEN?
A2: The trading pairs available for GYEN are USDC/GYEN, ZUSD/GYEN, GYEN/JPY, USDT/GYEN, and BTC/GYEN.
Conclusion
Stablecoin gained popularity as the crypto market is highly volatile, and stablecoins are the solution for less volatile investments. To know more about this topic, please visit.
Are you interested in investing in GYEN by understanding gyen crypto price prediction? If yes, please comment below your valuable suggestions and opinions about this topic.
Also check Best App To Buy Cryptocurrency 2021