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Rank #605 Cryptocurrency

Price GYEN (GYEN)
98.25523532  

Market Cap. : IDR 268,626,157,500 -0.137081%

GYEN Price Live Data

The live GYEN price today is IDR 98.25523532 with a 24-hour trading volume of IDR 1,775,632,148. We update our GYEN to price in real-time. GYEN is -0.137081% in the last 24 hours. The current ranking is #605, with a live market cap of IDR 268,626,157,500. It has a circulating supply of 2,733,960,000 GYEN coins and a max. supply of 0 GYEN coins.

If you would like to know where to buy GYEN , the top cryptocurrency exchanges for trading in GYEN stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart GYEN to IDR


What is GYEN (GYEN)?

"GYEN is a stablecoin running on Ethereum that’s intended to maintain a value of one Japanese Yen. The company behind GYEN, GMO-Z.com Trust Company, claims to hold reserves that fully back each GYEN."

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Buying tips GYEN (GYEN)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case GYEN (GYEN). Technically you can combine several indicators to get the right formula for determining the entry point GYEN. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from GYEN can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from GYEN can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of GYEN. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell GYEN. So when is the right time? the following are brief tips.

  • When the price GYEN is high, the first moment that could be a good time to sell GYEN is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
  • Prices GYEN Rise In the Short Term, Very fast price fluctuations make investors GYEN too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if GYEN experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the GYEN owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
  • Trading volume GYEN high, Price increase & decrease chart GYEN can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling GYEN, of course, besides that there are many other indicators that you can use to trade/invest.