- #1071
GYENÂ GYEN
GYEN Price
Market CapÂ
$13.54Â MRank #1071FDVÂ
$13.54Â MRank #3883Investors
Twitter Followers
Twitter Performance
194WeakRank by Twitter #7183- 0
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Detailed Performance
GYEN shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
GYEN to USD Converter
Price History
- All-Time High
- $87.1813516x to ATH
- All-Time Low
- $0.004881.32x to ATL
- Trade Launch Date
- 4 Mar, 2021
1240 days ago
Exchanges
Exchanges type
About GYEN
GYEN is a stablecoin, which means it is a cryptocurrency that is backed by fiat currency. In the case of GYEN, it is 100% fiat-backed, with every token having a one-to-one reserve balance in trustee bank accounts. This means that you can always redeem 1:1. GYEN is powered by Ethereum technology, which ensures that all transactions operate according to the rules of a smart contract, eliminating human error. It is issued on the Ethereum blockchain, allowing for near real-time issuance, redemption, and transaction monitoring. GMO-Z.com Trust Company is involved in the launch and monitoring of GYEN.
What makes GYEN unique?
GYEN stands out from other cryptocurrencies due to its unique features:
1. Stability: GYEN is a stablecoin that is 100% fiat-backed, meaning that each token is backed by a one-to-one reserve balance in trustee bank accounts. This ensures that GYEN maintains a stable value, making it a reliable store of value and medium of exchange.
2. Transparency: GYEN provides independent audit reports on its month-end balances, ensuring transparency and accountability. This feature gives users confidence in the integrity of the token and the trustworthiness of the issuer.
3. Ethereum Powered: GYEN utilizes Ethereum technology, which is widely recognized as the leading platform for smart contracts. By operating on Ethereum, GYEN benefits from the security, efficiency, and flexibility provided by this established blockchain network.
4. No Middlemen: GYEN operates within the cryptocurrency ecosystem without the need for intermediaries. This eliminates the reliance on traditional financial institutions and streamlines transactions, reducing costs and potential points of failure.
These distinguishing features make GYEN a unique and attractive option for users seeking a stable and transparent cryptocurrency.
Live GYEN Price Data
The current price of GYEN (GYEN) is approximately $0.00645, reflecting a increase of 5.07% in the last 24 hours. The GYEN trading volume in the last 24 hours stands at $10,280.58. GYEN's market cap is currently $13.54Â million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of GYEN is 2.10Â billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand GYEN's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on GYEN, check out our crypto insights page.
Official Links
GYEN to USD Converter
Price History
- All-Time High
- $87.1813516x to ATH
- All-Time Low
- $0.004881.32x to ATL
- Trade Launch Date
- 4 Mar, 2021
1240 days ago