By Nermeen Nabil Khear 
Key takeaways
- GYEN might reach as high as $0.0102 by 2025.
- Estimates for GYEN’s average value in 2028 range from $0.0254 to $0.0303.
- GYEN’s average trading price in 2031 will be $0.0800, with a maximum price of $0.0947.
GYEN is a fiat-backed stablecoin built on the Ethereum blockchain. The code is open-source on Github. The price of Gyen digital assets is pegged to the Japanese Yen (JPY) value.
GYEN is backed by JPY in a 1:1 ratio. The collateral JPY is held at FDIC-insured bank accounts. Bank reserves are audited monthly. GMO-Z.com, the company behind GYEN and ZUSD, is regulated by the New York State Department of Financial Services. It is the first company to offer a JPY-backed stablecoin.
GYEN is a stablecoin provider that aims to stabilize the money market in crypto with multiple use cases. Most crypto-related companies like Gemini, Circle, and Coinbase offer USD-pegged stablecoins and other issue tokens backed by other fiat currencies. Trouble starts when these exchanges freeze accounts for weeks, potentially locking in large customer losses.
GYEN was primarily designed for trading. It allows investors to trade cryptocurrency and yen pairs without any need for centralized assets. Currently, GYEN can be traded on five exchanges: Liquid, INX, Nexus, Coinbase, and Uniswap.
Will GYEN reach $1? How high can GYEN go in five years? Let’s take a look at GYEN’s technical analysis and price prediction to provide answers to these queries.
Overview
| Cryptocurrency | GYEN |
| Abbreviation | GYEN |
| Current Price | $0.00640 |
| Market Cap | $12,985,906.37 |
| Trading Volume | $10,043.97 |
| Circulating Supply | 2,098,780,833 GYEN |
| All-time High | $0.06075 Nov 17, 2021 |
| All-time Low | 0.004928 Nov 05, 2024 |
| 24-hour High | $0.006269 |
| 24-hour Low | $0.006075 |
Uniswap price prediction: Technical analysis
| Metric | Value |
| Volatility (30-day Variation) | 1.19% |
| 50-Day SMA | 0.00633 |
| 200-Day SMA | 0.00647 |
| Sentiment | Bullish |
| Fear & Greed | 29.35 (fear) |
| Green Days | 10/30 (34%) |
GYEN price analysis: The token’s value appreciates to $0.00640
TL;DR Breakdown
- GYEN price analysis confirms a bullish trend at $0.00640.
- Coin value has increased up to 0.52% from its previous close.
- GYEN price is yet unable to break above the $0.00642 boundary.
On January 19, 2025, the GYEN price analysis indicated a positive market trend. The cryptocurrency’s value currently stands at $0.00640, reflecting a 0.52% increase. A reversal in the current market momentum appears unlikely at this time. This upward movement signifies a bullish market sentiment, as buyers actively maintain control.
GYEN price analysis on a daily time frame
Trading at $0.00640, the cryptocurrency has experienced a slight boost since yesterday. However, the coin value is still above the moving average value. There are low chances of reversal, as an uptrend was observed today, and the volatility is decreasing.
The gap between the Bollinger bands indicates market volatility. As the bands converge, this signals decreasing market volatility. The upper limit of the Bollinger bands indicator, serving as the resistance band, is at $0.00642. whereas the lower limit of the Bollinger bands indicator, acting as support, is around $0.00630.
The Relative Strength Index (RSI) indicator is present within the neutral region. Its value is at 48.73 but moving downward, which indicates a bearish trend. Moreover, the continual decreasing movement of the RSI signals a weaker market sentiment and an overall bearish supremacy. This descent signals rising instability within the trading environment, as the indicator can give a sell signal at any time.
GYEN price analysis on a 4-hour chart
The four-hour price analysis of GYEN confirms an uptrend for the cryptocurrency. A bearish strike was observed at the start of the day as the bears secured a brief comeback. The cryptocurrency value now stands at $0.00640, following the increase in the past few hours. This indicates that the buying activities continue to dominate the selling positions.
The volatility has also increased, suggesting high market unpredictability. Moreover, the upper boundary of the Bollinger bands indicator is at $0.00643, determining a resistance point. Conversely, the lower boundary of the Bollinger bands indicator is at $0.00628 low, signaling the strongest possible support.
The RSI indicator is just above the centerline of the neutral region at 50.87. However, the indicator continues to point downward; this indicates the presence of bearish pressure. The overall market sentiment remains neutral, as other technical indicators are not giving any clear signals.
GYEN technical indicators: Levels and action
Daily Simple Moving Average
| Period | Value ($) | Action |
| SMA 10 | 0.00623 | BUY |
| SMA 20 | 0.00625 | BUY |
| SMA 30 | 0.00624 | BUY |
| SMA 50 | 0.00633 | BUY |
| SMA 100 | 0.00639 | SELL |
| SMA 200 | 0.00647 | SELL |
Daily Exponential Moving Average
| Period | Value ($) | Action |
| EMA 10 | 0.00623 | BUY |
| EMA 20 | 0.00624 | BUY |
| EMA 30 | 0.00626 | BUY |
| EMA 50 | 0.00630 | BUY |
| EMA 100 | 0.00637 | SELL |
| EMA 200 | 0.00643 | SELL |
What to expect from GYEN price analysis next?
GYEN price analysis suggests a cautiously bullish outlook. The coin has risen to $0.00640 today, a 0.52% increase. While price charts indicate bullish momentum, technical indicators remain inconclusive. There’s a growing possibility of a market reversal.
Is GYEN a good investment?
Looking at GYEN in the near term can make it a poor investment. It can, however, be invested for a large return over the long run. The price forecast for GYEN by 2028 suggests a range of $0.0303, making it an excellent opportunity to purchase and benefit enormously.
Why is GYEN up?
The cryptocurrency market is under bullish pressure, and so is GYEN. The token has gained bullish traction and gained around 0.86 percent over the past week. However, it is encouraging that GYEN has performed well and continues to trade above its average. The GYEN price has increased to $0.00640, gaining 0.52% of its value over the past day.
Will GYEN reach $0.02?
GYEN may approach $0.0200 in 2027 based on the market’s maximum forecast of $0.0208 for the year.
Will GYEN reach $0.05?
According to the long-term predictions, GYEN is projected to reach up to $0.0659 by 2030.
Will GYEN reach $1?
Even though GYEN shows a promising long-term future with consistent growth potential, reaching up to $1 by 2031 is impossible.
Does GYEN have a good long-term Future?
GYEN is a stablecoin pegged to the Japanese yen and is often considered stable by buyers, however, GYEN has been a suspect of extreme devaluation and wild swings in its history. GYEN has, at times, lost value, defying the fact that it is pegged to the yen. the token of the famous Uniswap decentralized exchange. Market analysts expect GYEN’s price to reach $0.0947 by the end of 2031, substantially higher than its current price.
Recent news/Opinions on GYEN Network
- GMOZ, the company behind GYEN, said that normal operations have been restored following the Stellar Lumen network update, which started in June. Purchase, redemption, and swap requests will now be processed as usual.
- GMOZ advised its customers to exercise caution when dealing with fictitious tokens that are not the real stablecoin tokens that GMO Trust is offering. These phony tokens can be accessible on execution sites that GMO Trust does not supply. The company said these tokens cannot be exchanged on the network for cash.
GYEN price prediction January 2025
For January 2025, GYEN shows an ability to swing wildly; the anticipated minimum value of GYEN is $0.00630. The price may jump to $0.00644, but the average trading price of $0.00636 is expected throughout the month.
| Month | Potential Low ($) | Average Price ($) | Potential High ($) |
| January 2025 | $0.00630 | $0.00636 | $0.00644 |
GYEN price prediction 2025
For 2025, GYEN’s price trajectory suggests a maximum GYEN price prediction of $0.0102, almost 40% higher than the current GYEN price. The minimum price is expected to align at $0.0083, with the year’s average trading price estimated at around $0.0086.
| Month | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | $0.0083 | $0.0086 | $0.0102 |
GYEN price predictions 2026-2031
| Year | Potential Low | Average Price | Potential High |
| 2026 | $0.0121 | $0.0125 | $0.0142 |
| 2027 | $0.0173 | $0.0179 | $0.0208 |
| 2028 | $0.0254 | $0.0263 | $0.0303 |
| 2029 | $0.0383 | $0.0394 | $0.0441 |
| 2030 | $0.0545 | $0.0561 | $0.0659 |
| 2031 | 0.0771 | 0.0800 | 0.0947 |
GYEN price prediction 2026
For 2026, GYEN’s price is projected to have a minimum value of $0.0121. The price could soar up to $0.0142, with an average of $0.0125.
GYEN price prediction 2027
In 2027, the price of GYEN is anticipated to hit a minimum of $0.0173. The maximum price might reach $0.0208, with an average trading value of $0.0179.
GYEN price prediction 2028
The 2028 forecast for GYEN predicts a minimum price of $0.0254 and a maximum of $0.0303, with an average trading price of $0.0263.
GYEN price forecast 2029
The price of GYEN in 2029 is expected to start at a minimum of $0.0383 and climb to $0.0441 while averaging $0.0394.
GYEN price prediction 2030
The minimum projected price for GYEN in 2030 is $0.0545. Traders can expect a maximum price of $0.0659 and an average of $0.0561.
GYEN price prediction 2031
For 2031, GYEN is projected to have a minimum price of $0.0771. The price could soar up to $0.0947, with an average of $0.0800.
UNI market price prediction: Analysts’ UNI price forecast
| Firm Name | 2025 | 2026 |
| Wallet Investor | $0.00587 | $0.00533 |
| DigitalCoinPrice | $0.00618 | $0.0132 |
Cryptopolitan’s GYEN price prediction
Our price prediction for GYEN shows that it will reach a high of $0.099 near the end of 2025. In 2026, it will trade between an expected range of $0.0121 and $0.0142. In 2031, GYEN will range between $0.0757 and $0.0921, with an average trading price of $0.0812. It is important to consider that the predictions are not investment advice. Professional consultation is suggested, or you can carry out your research.
GYEN historic price sentiment
- GEYN, a cryptocurrency pegged to the Japanese yen, was first offered in March 2021 as a stablecoin.
- The opening price of GYEN was $0.00922, but it soon depreciated to $0.00914 in April before spiking to $0.01028 briefly in May.
- GYEN coin dipped to $0.00851 in July and observed another low of $0.00820 in August 2021.
- The lower price of GYEN coin soon triggered a buying impulse, which jumped to $0.0092 in September.
- The crypto pair consolidated near $0.0092 until September 2021 before breaking lower to $0.0087 in November.
- GYEN observed its all-time high of $0.06075 on November 17, 2021.
- However, the highest price was a sudden spike followed by a sharp dip to $0.0087, after which GYEN consolidated again until March 2022.
- In the same month, GYEN started to contract further in value and continued its downslide till the end of September 2022, reaching $0.0066.
- In November 2022, GYEN started to recover again, but it could only gain a level of $0.0077 till January 2023, when a slow downfall started again.
- In July 2023, GYEN dipped to $0.0069, and it closed the year near the same price level.
- 2024 also proved to be a troublesome year for GYEN, as it dipped to $0.00612 in February.
- The cryptocurrency slightly recovered in February and March, but overall, the downslide continued.
- GYEN traded between $0.0065 and $0.0060 from April to June and reached the $0.00607 level in July.
- On August 10, 2024, GYEN started to observe its new all-time low of $0.00569 before starting a recovery phase.
- The recovery was also short-lived, and GYEN started to oscillate downwards again, reaching its all-time low of 0.004928 on November 05, 2024, before closing the year at $0.00633.
- At the start of January 2025, GYEN is trending near the $0.00640 mark.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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