Jasmy Sees Increasing Costs; $1 by 2025?

The cryptocurrency community has recently taken a keen interest in JasmyCoin (JASMY). Right now, it costs $0.03565.

JasmyCoin (JASMY) has seen increasing interest from the cryptocurrency community lately. It currently trades at $0.03565, notching gains of 2.10% yesterday, 44% over the last week, and 115% over the last month. These strong performances have helped propel its market capitalization to $1.75 billion, ranking it 61st largest on CoinMarketCap.

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Jasmy Sees Increasing Costs; $1 by 2025?

According to daily analysis, there is a high chance that the price of JasmyCoin will continue to increase. However, if the price drops below $0.024414, we can expect a correction. Many are wondering if JasmyCoin will reach $1 by the end of 2024, after the recent surge and new yearly highs. Considering the EMA, SMA, and MACD indicators are showing a buy signal, it is likely that $JASMY will reach $1 during this bull market.

A few things are contributing to the recent surge. The AI-focused project JANCTION AI is starting to gain traction. Another encouraging announcement is that 100 million JasmyCoins will be locked away, which could increase demand for the coin.

There are also rumors swirling about a partnership between Jasmy and Apple, where JasmyCoin will be used to integrate Japan’s “My Number” ID functions into Apple products.

On the technical side of things, the analysis for JasmyCoin, which is also known as the Bitcoin Of Japan, is showing a lot of bullish price action. Both the SMA and EMA are indicating a buy. The Relative Strength Index, or RSI, is currently at 77.3, which shows that the coin is overbought and may see a short bearish trend. The Moving Average Convergence Divergence indicator, or MACD, is showing a bullish trend and also showing buying pressure. Key resistance levels are at $0.02344, $0.02576, and $0.02952, while key support levels are at $0.00986, $0.01361, and $0.01593. A breakout from these could lead to price increases.

Top Tweeted Cryptocurrencies: JasmyCoin Is Top-Tweeted Again

The most tweeted altcoin on X this past weekend was once again $JASMY. As we’ve covered before, the main reason for the current interest is the proposed partnership with Apple. If the rumors are confirmed, it would add a lot of value to the JasmyCoin ecosystem. But there are also risks and challenges. The bullish sentiment could change if there are any shifts in regulations, as the cryptocurrency market is highly volatile. Prices could also decrease if the planned Apple partnership fails to materialize.

These days, the top-tweeted altcoins are $JASMY, $VRA, $BRN, $RIO, $ROSE, $PROPS, $CSIX, $UPO, $NAKA, and $DIONE. Among the top performers, $JASMY is generating a lot of buzz and interest in the cryptocurrency world.