GYEN crypto is a stablecoin that issues tokens directly. By eliminating the middleman, it enhances transparency and security. This also reduces fees. The GYEN promotes itself as the most liquid digital asset, and it can be traded on reputable exchanges around the world. To achieve this, it incorporates security features, such as dispersive keys and offline keys, approval limits, and more. Read on to learn more about GYEN.
GYEN price to fall to $0.00845 in a year
Wallet Investor believes the price of GYEN will fall to $0.00845 in a single year. The cryptocurrency has experienced a massive rise in value since its first listing on Coinbase in May of last year. On that date, the GYEN price reached a record high of 0.065643, more than 7.5 times the value investors originally thought they were getting. From that point, transfer activity to Coinbase increased and peaked on Nov. 20, representing 84% of total transfers.
Digitalcoin has a bullish outlook for Gyen and expects the coin to reach a value of one cent in 2021 and 4 cents in 2028. WalletInvestor’s forecast shows that the GYEN price will fall to $0.00845 cents within a year, which is a significant amount lower than what investors are currently paying. The Coinbase listing of Gyen is another positive for the cryptocurrency, but investors should be aware of the risk before purchasing.
Gyen price to gain to around $0.022 in 2021
Digitalcoin expects Gyen’s crypto price to rise to around $0.022 by 2021. This is an impressive gain for the Japanese Yen-backed stable coin, which is based on the Ethereum platform. However, the rise of Gyen’s value has also raised questions about its viability and the future of the cryptocurrency. Here are some things to keep in mind.
First of all, it is important to note that Gyen is not listed on any major exchanges. The reason for this is that stablecoins are not supposed to rise in value. However, Digitalcoin expects Gyen to gain in value to around $0.022 by 2028, and WalletInvestor has a one-year price prediction of around $0.022 by 2021. Moreover, a Coinbase listing may be a boon for Gyen, allowing it to gain in value.
Coinbase is now listing GYEN, and its price has risen sharply following the listing. On Nov. 10, the currency began detaching from the Japanese yen, resulting in a jump of more than 7.5 times the value of the fiat equivalent. Coinbase transfer activity peaked on Nov. 18 and reached $122 million on Nov. 19. The price has remained high since then, but investors should be aware of the risks that go along with crypto trading.
Gyen price to fall to $0.00 in 2022
The Gyen crypto price has been on a meteoric rise, soaring 247% in the last 24 hours, 250% in the last week, and 322% in the past month. Its price has also surged because of Coinbase allowing its pro members to add GYEN to their accounts. But before investing in this cryptocurrency, it’s important to understand the risks and volatility involved.
The GYEN price is currently predicted to cross the $0.00979 level in May 2022. It will then rise to a high of $0.0102. However, it will eventually drop to $0.00996. Until then, its price will continue to climb up. By the end of June 2022, it is predicted to rise to $0.00919. It will then fall to $0.00910, which is $0.0102.
However, there are many factors that could contribute to the future price of GYEN. First, it is not yet listed on any major exchanges. Secondly, it has been relatively unpopular with investors. While it’s still a new cryptocurrency, it has plenty of potential and a solid team backing it. In addition, GYEN is still a risky investment, and price increases could happen in an instant. That’s why it’s important to follow the latest news on GYEN and its roadmap.