GYEN (GYEN) Self Reported Market Capitalization Achieves $11.62 Million

GYEN (GYEN) traded up 2.3% against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on August 12th. GYEN has a market cap of $11.62 million and approximately $7.47 worth of GYEN was traded on exchanges in the last day. Over the last seven days, GYEN has traded 3.1% higher against the U.S. dollar. One GYEN token can now be purchased for $0.0055 or 0.00000009 BTC on major cryptocurrency exchanges.

Here is how other 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• UZDT (UZDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00001566 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 0.4% against the dollar and now trades at $63,808.05 or 0.99878577 BTC.
• AXIA Coin (AXC) traded 0.1% lower 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. The official message board for GYEN is gmotrust.medium.com/introducing-the-first-regulated-jpy-pegged-stablecoin-gyen-c3d1a80c91ee. GYEN’s official website is stablecoin.z.com. GYEN’s official Twitter account is @gmotrust and its Facebook page is accessible here.

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

GYEN/USD price chart by TradingView