How High Can JasmyCoin (JASMY) Spike When Bitcoin Hits $150K?

When Bitcoin starts to move, the entire crypto market tends to react—especially altcoins like JasmyCoin (JASMY). Right now, the JASMY

When Bitcoin starts to move, the entire crypto market tends to react—especially altcoins like JasmyCoin (JASMY). Right now, the JASMY price is sitting at around $0.014 after a modest 3% increase today. It’s been a few tough months for JasmyCoin, with market confidence shaken by fears of a potential Binance delisting.

In March, JasmyCoin was added to Binance’s Monitoring Zone, sparking concern among holders. A community vote was held where verified users could decide whether JASMY and other tokens like Zcash and FTX Token should stay listed. In the end, JasmyCoin managed to stay on Binance, avoiding removal—but not without taking a hit. The uncertainty pushed prices down and caused volatility to spike.

In fact, JASMY broke below a key 13-month support level in March, sending bearish signals across the board. The price is now hovering around that same support zone again—between $0.014 and $0.016. If it manages to break above that area, it could mark the beginning of a recovery. But if it continues to stall below, the pressure might push it further down, especially if market sentiment stays weak.

To figure out how high JasmyCoin might climb if Bitcoin hits $150,000, it helps to look at how JASMY has reacted during past major Bitcoin rallies.

Take this year’s performance, for example. Bitcoin opened January around $90,000 and has since dropped about 3%, now trading at around $87,000. In that same period, JasmyCoin fell from around $0.032 to $0.014—more than a 50% decline. It’s clear that JASMY tends to react more dramatically than BTC.

Between November and early December 2024, Bitcoin experienced a 45% price increase, while JasmyCoin went through an even more explosive period, rallying by over 240%. This magnitude of movement showcases how quickly the JASMY token can respond to and amplify broader market trends.

Another massive moment occurred earlier in 2024, right after the U.S. approved Bitcoin spot ETFs. BTC skyrocketed from $40,000 to $73,000—a staggering 80% surge. JasmyCoin didn’t just follow; it went parabolic, climbing by about 450% during that same period.

If BTC Hits $150K, What Could Happen to the JasmyCoin Price?

So what happens if Bitcoin hits $150,000? Right now, BTC is trading around $90,000. A move to its previous all-time high of $109,000 would represent a 20% increase. A run to $150,000 would be nearly 60% higher than where we are today.

If JasmyCoin follows a similar pattern to its previous bull runs, we could see massive upside. Just based on historical reactions, a 60% move in BTC could result in a 300% to 500% move in JASMY. That puts a potential price target somewhere between $0.045 and $0.07 if BTC reaches $150,000.

Of course, this assumes the market sentiment turns more favorable, and JASMY can reclaim and hold key support levels.

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