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Quintessence

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Quintessence

Re: E-E post# 4576

Wednesday, 11/17/2021 11:57:39 AM

Wednesday, November 17, 2021 11:57:39 AM

Post# of 5807
Good question. GYEN on CoinGecko is more in line with Coinbase. Maybe Coinmarketcap isn't taking the CB quote data into account yet??

https://www.coingecko.com/en/coins/gyen

The weird thing is that GYEN is supposed to be a stable coin, tied to the Japanese Yen. So in theory it's price in USD should correlate to fiat YEN/USD rate, which is currently .0087 The price movement doesn't make sense to me. I hate to say it, but I think it may drop after the CB listing exuberance subsides.

https://www.nasdaq.com/articles/gyen-price-predictions%3A-where-will-a-coinbase-listing-take-the-gyen-crypto


JMHO. DYODD. "An investment in knowledge pays the best interest." - Benjamin Franklin

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