GYEN Coin Price Prediction – 2023, 2025, 2030

GYEN (GYEN) Overview

🪙 Cryptocurrency GYEN
💱 Ticker Symbol GYEN
🏆 Rank 1078
💸 Market Cap $13,395,729
💲 Price $0.006383
🚀 Trading Volume $4,312
📈 Price Change (24h) 0.57%
💰 Current Supply 2,098,780,833
  • Bullish GYEN (GYEN) price predictions range between $0.028722 and $0.054252 by 2030.
  • Market analysts believe GYEN could reach $0.022339 by 2025.
  • Bearish GYEN market price prediction for 2023 is $0.005106.

GYEN (GYEN) Introduction

GYEN was created in response to the volatile nature of cryptocurrency prices. Many cryptocurrencies experience large swings in value, making them difficult to use as a means of exchange or store of value. GYEN intends to provide stability by pegging its value to the Japanese Yen.

To ensure that each GYEN is backed by a real Yen, GMO-Z.com Trust Company claims to hold reserves equal to the total number of GYEN in circulation. This should theoretically give GYEN holders assurance that they can redeem their tokens for Yen at any time. 

However, it’s important to note that these reserves are not publicly auditable, so there is no way to verify whether or not they actually exist. Overall, GYEN appears to be a well-intentioned project with the potential to provide much-needed stability to the cryptocurrency markets. However, without transparency around its reserve holdings, it’s difficult to fully trust the company behind it.

What is GYEN (GYEN)?

GYEN is an Ethereum-based stablecoin that aims to preserve the value of one Japanese Yen. GMO-Z.com Trust Company, the entity that issues GYEN, asserts to have reserves that completely back each GYEN.

GYEN (GYEN) Fundamental Analysis

The GMO-Z.com Trust Company is a Japanese firm that was established in 2020. It specializes in connecting traditional finance with blockchain technology. The company was founded by the GMO Internet company, an infrastructure developer created in 1991 and whose headquarters are located in Tokyo. 

The GMO-Z.com Trust Company has developed GYEN. This currency is designed to allow all types of investors, both institutional and retail, to invest in blockchain technology.

The trust company’s goal is to provide easy access to blockchain for everyone. By using GYEN, the trust company hopes to make it possible for anyone to invest in this emerging technology without going through a complicated process.

Blockchain

The GYEN token is an ERC20 token, which means it is built on the Ethereum network and adheres to the Ethereum token standard. The GYEN token allows users to access the GYEN platform and its features.

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third-party interference. Ethereum is used as a cryptocurrency, which can be traded between users and used to purchase goods and services.

Ethereum can also be used to build Decentralized Autonomous Organizations (DAOs), which are organizations that exist on the Ethereum network and are run by codes instead of by people or companies.

GYEN Future price

GMOZ is one of the only companies to offer a yen-pegged cryptocurrency. This gives it a unique advantage in the market compared to other US dollar stablecoins. GMOZ’s Yen-pegged cryptocurrency is also much more accessible to Japanese investors and traders. GMOZ’s cryptocurrency offers many benefits for Japanese investors. 

  • First, it is pegged to the Yen, so it is less volatile than other cryptocurrencies. 
  • Second, it is more accessible to Japanese investors and traders. 
  • Third, GMOZ has a first-mover advantage in the yen-pegged cryptocurrency market.

GYEN (GYEN) Current Price

GYEN is currently worth $0.006383 USD. GYEN has moved 0.57% in the last 24 hours with a trading volume of $4,312. GYEN is currently ranked 1078 amongst all cryptocurrencies with a market capitalization of $13,395,729 USD.


Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for GYEN (GYEN) to decide wether it is going to have a bullish or bearish year.

GYEN (GYEN) Price Predictions

There’s a strong chance that your investment will pay off handsomely due to the cost of the token based on our GYEN price forecast and price prediction. 

Here’s why: 

  1. GYEN is a project with a very clear roadmap. The team has laid out their plans for the next two years and is currently on track to deliver on their promises.
  2. GYEN has a solid use case. The currency is designed to be used as a payment platform for online gaming platforms. This is a growing industry, and GYEN is well-positioned to take advantage of it. 
  3. GYEN has strong backing from some big names in the cryptocurrency space. Roger Ver, Jihan Wu, and Chandler Guo have all invested in the project, which gives it additional credibility.
Year Minimum Price Average Price Maximum Price
2023 $0.007659 $0.008936 $0.009574
2024 $0.012765 $0.014042 $0.015957
2025 $0.019148 $0.020424 $0.022339
2026 $0.02553 $0.026807 $0.028722
2027 $0.031913 $0.03319 $0.035104
2028 $0.038296 $0.039572 $0.041487
2029 $0.044678 $0.045955 $0.04787
2030 $0.051061 $0.052338 $0.054252
2031 $0.057444 $0.059997 $0.06255

Our price prediction forecasts use real-time GYEN (GYEN) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

GYEN (GYEN) Price Prediction 2023

GYEN, according to some, is one of the most amazing cryptocurrencies to rise this year (GYEN). The GYEN price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.009574.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.008936 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. GYEN is expected to have a minimum value of $0.007659.

GYEN (GYEN) Price Prediction 2024

In 2024, GYEN GYEN price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of GYEN will soon surpass $0.015957. However, we should wait to see if the GYEN’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, GYEN will trade with a minimum trading price of $0.012765 and an average trading price of $0.014042.

GYEN (GYEN) Price Prediction 2025

If the upward trend continues until 2025, it could reach $0.022339 and GYEN may profit. If the market experiences a decline, the goal may not be met. GYEN is expected to trade at an average price of $0.020424 and a low of $0.019148 in 2025.

GYEN (GYEN) Price Prediction 2026

If GYEN successfully boosts market sentiment among cryptocurrency enthusiasts, the GYEN coin price could remain stable for the next five years.

According to our projections, GYEN will be green in 2026. The GYEN is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $0.028722, with a minimum price of $0.02553 and an average price of $0.026807.

GYEN (GYEN) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the GYEN price is expected to cross an average price level of $0.03319 by 2027, with a minimum price of $0.031913 expected before the end of the year. Furthermore, GYEN has a maximum price value of $0.035104.

GYEN (GYEN) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $0.039572. If GYEN manages to break the resistant level in 2028, we could see a maximum price of $0.041487, failing to gather the support GYEN needs by 2028 could result in a low of $0.038296.

GYEN (GYEN) Price Prediction 2029

While GYEN is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $0.044678 and a yearly price close above $0.04787 in 2029.

GYEN (GYEN) Price Prediction 2030

By 2030, GYEN will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.051061 and potentially reach a maximum price value of $0.054252, averaging out at $0.052338.

GYEN (GYEN) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum GYEN price in 2031 is projected to be $0.06255 in the event of a bull run, with an average price level of $0.059997.

Conclusion

In conclusion, based on GYEN value, it appears to be a very promising cryptocurrency. It has a lot of potential and is already being used by many people. The team behind it is very active and seems to be doing a great job. We think that GYEN has a bright future, and we are definitely going to keep an eye on it.

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FAQ

What is the GYEN (GYEN) price today?

Today, GYEN (GYEN) is trading at $0.006383 with a total market capitalization of $13,395,729.

Is GYEN a good investment?

GYEN proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that GYEN is a good choice of investment.

How high can GYEN go?

The average price of GYEN (GYEN) can possibly reach $0.008936 this year. Over the next 5 years, it is projected that GYEN may surpass $0.041487.

How much will GYEN be worth in 5 years?

Based on the rising popularity of cryptocurrency and GYEN, a long term investment in GYEN could see the price rise to $0.041487 within the next 5 years.

How much will GYEN be worth in 10 years?

If you invest in GYEN today, as with any investment, a long term increase is expected. The price of GYEN could possibly rise to $0.081059 within the next 10 years.

What will the GYEN price be in 2024?

GYEN (GYEN) price is expected to reach $0.015957 by 2024.

What will the GYEN price be in 2025?

GYEN (GYEN) price is expected to reach $0.022339 by 2025.

What will the GYEN price be in 2026?

GYEN (GYEN) price is expected to reach $0.028722 by 2026.

What will the GYEN price be in 2027?

GYEN (GYEN) price is expected to reach $0.035104 by 2027.

What will the GYEN price be in 2028?

GYEN (GYEN) price is expected to reach $0.041487 by 2028.

What will the GYEN price be in 2029?

GYEN (GYEN) price is expected to reach $0.04787 by 2029.

What will the GYEN price be in 2030?

GYEN (GYEN) price is expected to reach $0.054252 by 2030.

What will the GYEN price be in 2031?

GYEN (GYEN) price is expected to reach $0.06255 by 2031.

Barinem Pene Verified

Barry Pene is a stern blockchain research/copywriter. Barry has been trading cryptos since 2017 and has been invested in issues that would put the blockchain industry on the right pedestal. Barry's research expertise cuts across blockchain as a disruptive technology, DeFis, NFTs, Web3, and reduction of energy consumption levels of cryptocurrency mining.

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