JasmyCoin

Coin

<ul class="news-points"> 
 <li>JasmyCoin surges 96% weekly, hitting $0.01188 amid whale moves.</li> 
 <li>Japan’s regulatory reforms boost JasmyCoin’s bullish sentiment.</li> 
 <li>JASMY’s market cap climbed 36%, and trading volume reached $831.37M.</li> 
</ul> 
The main Japanese cryptocurrency project, <a href="https://coinedition.com/jasmycoin-jasmy-price-prediction/" target="_blank" rel="noreferrer noopener">JasmyCoin</a>, has witnessed an unprecedented upsurge in market value. This digital asset has shown a 96% gain over the last week and a <a href="https://coinedition.com/bullish-wave-in-jasmy-market-records-90-day-high-of-0-007552/" target="_blank" rel="noreferrer noopener">123% growth</a> in the previous month. This growth path has attracted investors and analysts, resulting in much speculation about the factors catalyzing this growth trajectory. At press time, JASMY exchanged hands at $0.01188, a 37.86% surge from the intra-day low. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/EJbJpQjM6gc6K0qKE037ILCmgWRH-_FsmlEzwPTNBJksZl2-C913Ddpr5vDF6hsEj3dLfMwBCGuE5FQ0oon7XBPtxc--MZzEoQsOafSfPRYhYMB2IP31Pwn7hy0LykNr9KXyaNvAqGHLBxTnowWNdCE" alt="">
 <figcaption class="wp-element-caption">
 JASMY/USD 24-hour price chart (source: <a href="https://coinstats.app/coins/jasmycoin/" target="_blank" rel="nofollow">CoinStats</a>)
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="h-whale-movement-triggers-market-sentiment">Whale Movement Triggers Market Sentiment</h2> 
One of the key moments in this story is the activity of two influential JasmyCoin stakeholders, who are commonly referred to as “whales,” who have <a href="https://platform.spotonchain.com/en/signal-details/two-whales-woke-up-to-withdraw-jasmy-from-coinbase-30876" target="_blank" rel="noreferrer noopener nofollow">withdrawn</a> a total of 665.6 million JASMY tokens, or an equivalent of almost $5.36 million, from the <a href="https://coinedition.com/coinbase-exchange-review/" target="_blank" rel="noreferrer noopener">Coinbase exchange</a>.&nbsp; 
This significant development has added support to the buying pressure in the market. Besides, these whales have g…
The post <a href="https://coinedition.com/jasmycoin-soars-96-amid-regulatory-changes-in-japan/">JasmyCoin: Short-Lived Hype or Sustainable Growth? Decoding the Price Surge</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

JasmyCoin: Short-Lived Hype or Sustainable Growth? Decoding the Price Surge

Table of Contents

Coin Edition

Other articles published on Feb 21, 2024

SEC and Ripple lock horns amid draft remedy briefs

These 2 Meme Coins Defy Market Correction – Will They Lead the Next Cycle?

50% Chance of Spot Ethereum ETF Approval: Good or Bad for Prices?

eTukTuk presale passes $1.2m as P2E game development begins

Binance faces potential ban in the Philippines

Spot ETFs Transform Bitcoin Trading Landscape: US Exchanges Take Center Stage

Join our free newsletter for daily crypto updates!