GYEN BINANCE RUG PUUL AND NOW COINBASE DOES THE SAME. So Gyen is a stablecoin that is backed by the Japanese Yen and is supposed to have a constant trading price of $0.0086 usd and should stay right around that price at all times because it is a stablecoin and that is the main function of a stablecoin to stay at the exact same price as the Japanese Yen at all times. Well several months ago Binance listed Gyen on its platform and the same exact thing happened and the price started very far from the stablecoin price pegged to the Yen. So Binance delisted Gyen and now Coinbase has done the same exact thing and the same thing happened. People started buying it and the price went parabolic instead of staying at the stable price of the Yen. So DANGER Be Careful!
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