Market Cap: $3.9718T 1.490%
Volume(24h): $219.1343B 8.020%
  • Market Cap: $3.9718T 1.490%
  • Volume(24h): $219.1343B 8.020%
  • Fear & Greed Index:
  • Market Cap: $3.9718T 1.490%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$119117.127594 USD

1.77%

ethereum
ethereum

$3745.854974 USD

0.20%

xrp
xrp

$3.502153 USD

-0.62%

tether
tether

$1.000306 USD

-0.04%

bnb
bnb

$793.123776 USD

3.38%

solana
solana

$202.230661 USD

0.09%

usd-coin
usd-coin

$0.999834 USD

-0.01%

dogecoin
dogecoin

$0.266470 USD

-0.01%

cardano
cardano

$0.885881 USD

-0.85%

tron
tron

$0.316471 USD

1.17%

hyperliquid
hyperliquid

$45.459596 USD

0.62%

stellar
stellar

$0.468582 USD

0.15%

sui
sui

$3.960218 USD

-0.94%

chainlink
chainlink

$19.566441 USD

-0.14%

hedera
hedera

$0.270909 USD

0.45%

Cryptocurrency News Articles

JasmyCoin (JASMY) Rally: Is Japan's Bitcoin About to Surge?

Jul 15, 2025 at 02:00 am

JasmyCoin (JASMY) is experiencing a rally, sparking interest among traders. This article dives into the factors driving the recent price surge and what might be next for JASMY.

JasmyCoin (JASMY) Rally: Is Japan's Bitcoin About to Surge?

JasmyCoin (JASMY), often dubbed “Japan’s Bitcoin,” is turning heads with a recent rally. After a period of relative quiet, JASMY's price is showing signs of life, leaving investors wondering if this is the start of something big.

What's Fueling the JasmyCoin Rally?

Several factors appear to be contributing to JASMY's recent uptick:

  • Overall Crypto Market Rally: The rising tide lifts all boats, and the current crypto market rally, led by Bitcoin, is undoubtedly playing a role.
  • Decreasing Exchange Balances: Data indicates that the supply of JASMY on exchanges has plummeted to levels not seen since April 2022. This suggests investors are holding onto their tokens rather than selling.
  • Whale Accumulation: Large holders (whales) have been actively accumulating JASMY, with the percentage of total supply held by whales with over $5 million reaching its highest point since June.
  • Junction Testnet: The ongoing Janction testnet, a layer-2 network designed to complement Jasmy's Layer-1, is generating excitement. Its focus on AI and DePIN industries, along with Chainlink's expansion to the network, adds to the positive sentiment.

Technical Analysis: What the Charts Say

Technically, JASMY appears to be breaking out of a long consolidation period. The price has moved above an ascending trendline and the 50-day Exponential Moving Average (EMA). A slanted double-bottom pattern has formed, with a neckline around $0.021. If bulls can maintain momentum, a move towards $0.021 seems likely, with potential for further gains towards $0.03369 if that level is breached.

Partnerships and Japan's Regulatory Advantage

JasmyCoin benefits from strategic partnerships with established companies like Panasonic and VAIO. These collaborations enhance credibility, facilitate technological integration, and expand market reach. Furthermore, Japan's proactive and structured regulatory environment for cryptocurrencies provides a supportive foundation for JasmyCoin's growth.

Potential Risks and Considerations

While the current rally is encouraging, it's essential to acknowledge the inherent risks of investing in cryptocurrencies. Market volatility, regulatory uncertainty, and the potential for market manipulation are all factors to consider. Investors should conduct thorough research and manage their risk appropriately.

Looking Ahead: Is This the Start of Something Bigger?

JasmyCoin's recent rally is fueled by a combination of factors, including a broader market uptrend, decreasing exchange balances, whale accumulation, and developments in its ecosystem. While risks remain, the technical outlook is promising, and the project benefits from strong partnerships and a favorable regulatory environment in Japan.

So, is this the real deal? Only time will tell, but one thing's for sure: JasmyCoin is definitely one to watch. Keep an eye on that $0.021 neckline – if JASMY can break through, things could get interesting. Time to buckle up and enjoy the ride!

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jul 23, 2025