Tag: JasmyCoin

  • JasmyCoin rallies 295% as Bitcoin Dogs take the crypto stage by storm

    JasmyCoin rallies 295% as Bitcoin Dogs take the crypto stage by storm

    • Regulatory reforms in Japan boost JasmyCoin’s bullish sentiment.
    • Bitcoin Dogs introduces unique gaming and social experience in the canine crypto world.
    • Bitcoin Dogs’ 0DOG token presale is underway with limited supply.

    JasmyCoin (JASMY) and Bitcoin Dogs have recently made headlines with their remarkable performances.

    JasmyCoin, Japan’s leading cryptocurrency project, has witnessed an impressive surge in value, while Bitcoin Dogs, a new innovative platform on the Bitcoin blockchain, is grabbing attention with its unique features and the ongoing 0DOG token presale.

    Let’s delve into the details of these crypto phenomena and explore whether they present enticing investment opportunities.

    JasmyCoin’s meteoric rise: a tale of bulls and whales

    JasmyCoin’s recent price rally has left the crypto community buzzing. Over the past week, JASMY has experienced a staggering 199% surge, reaching $0.01863, marking a remarkable 265% growth in the last month.

    JasmyCoin price chart

     

    This surge is not just a short-lived hype; it’s a result of strategic moves by influential stakeholders, colloquially known as “whales.”

    These whales, who have been accumulating JASMY since October 2021, have been withdrawing significant amounts of JASMY coins from exchanges with a majority of it seemingly flowing into Binance.

    These moves not only triggered market sentiment but also demonstrated a continued interest in JASMY despite market fluctuations.

    The bullish sentiment surrounding JasmyCoin is further fueled by Japan’s regulatory reforms, notably the approval of venture capital investments in crypto projects. As Japan takes steps to make direct investments in cryptocurrency projects more accessible, JasmyCoin stands to benefit, solidifying its position as the country’s largest crypto project.

    Bitcoin Dogs: innovation in the canine crypto world

    While JasmyCoin dominates the Japanese crypto scene, Bitcoin Dogs is making waves on the global stage with its groundbreaking approach. Billing itself as the “First Ever ICO on the Bitcoin Blockchain,” Bitcoin Dogs is not just a cryptocurrency; it’s a playful universe where dog lovers and crypto enthusiasts converge to trade, collect, and have a good barking time.

    Bitcoin Dogs introduces a unique gaming and social experience in its immersive Dogaverse metaverse where users can feed their virtual dogs, engage in social interactions with ripple effects, and challenge others to PvP Duel Races, enhancing the overall play-to-earn dynamics. There is also the 10k Ordinals NFT Club that caters to both casual admirers and devoted enthusiasts, offering a variety of collectibles to parade, collect, and trade.

    The roadmap for Bitcoin Dogs unveils exciting milestones, from the Grand Opening and BRC-20 claims to the launch of the metaverse and strategic partnerships in the coming quarters. Its native token, 0DOG, is currently in its presale stage, with a limited supply of 900 million tokens.

    At press time, the presale had raised over $3.450 million in just seven days. The 0DOG token is going for $0.0198 in the current presale stage though it is expected to rise to $0.0224 in the next presale stage, which is just a day away. To take part in the presale, visit the Bitcoin Dogs website and purchase your 0DOG tokens.

    Are JasmyCoin and Bitcoin Dogs good investments?

    As the crypto landscape continues to evolve, the question arises – is it a good time to invest in Bitcoin Dogs and JasyCoin?

    Well, JasmyCoin’s surge aligns with both market dynamics and regulatory changes in Japan. The positive sentiment is evident, fueled by increased trading volume and a growing market capitalization. Investors eyeing JasmyCoin may find the current market conditions conducive to potential returns.

    On the other hand, Bitcoin Dogs’ innovative approach, coupled with the growing interest in play-to-earn gaming and NFTs, positions it favourably. However, potential investors should carefully evaluate the project’s whitepaper, understand the risks associated with the ICO, and consider the overall viability of the gaming and social features.



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  • JasmyCoin (JASMY/USD) attempts breakout at 50-day MA

    JasmyCoin (JASMY/USD) attempts breakout at 50-day MA

    • JasmyCoin has recovered by double digits in a week

    • The token has hit a descending trendline 

    • JASMY could correct in line with the longer-term bearish momentum

    JasmyCoin (JASMY/USD) saw rising trading volumes on Friday amid a mixed cryptocurrencies trading. The token, ranked lowly at #543 on CoinMarketCap, has witnessed a 13% surge in the past week. The weekly gains now take bulls to an important level that would determine if investors will see further gains.

    JASMY is the native token of the Internet of Things’ Tokyo-based firm Jasmy Corporation. The company enables the buying and selling of data by connecting service providers and users. From the decentralisation perspective, the Jasmy platform allows users complete control of their personal information. This is enabled by enabling IoT through blockchain technology. In short, Jasmy aims to provide a platform where users can freely, easily, and safely move data. 

    JASMY saw increased interest in 2021 at the height of the crypto boom. It has since crashed and trades at just $0.004. The price compares to a high of $0.35 in November 2021 – a significantly depressed price level. With the renewed gains, how far can this token go?

    JASMY meets resistance at the descending trendline

    JASMY Chart by TradingView

    The technical outlook shows that JASMY has met resistance at the descending trendline and 50-day MA. Since August, JASMY has always been rejected at the descending trendline. Although bulls are attempting a break above the 50-day MA, they are under bear pressure. 

    The MACD indicator shows improving momentum for JASMY. Nonetheless, we see that the token has always corrected anytime the MACD has approached the neutral level since August.

    What next for JASMY?

    The bear momentum is in place for JasmyCoin despite the weekly recoveries. To buy the cryptocurrency, wait for the price to break above the descending trendline or the 50-day MA. 

    The bullish expectation could be invalidated if the past price action of the cryptocurrency repeats itself. Bulls should keep off for now until the cryptocurrencies sentiment improves.

    Where to buy JASMY

    KuCoin

    Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies.

    Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods.

    Users can benefit from a beginner-friendly interface and relatively low fees.


    Buy JASMY with KuCoin today

    Swapzone

    Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.


    Buy JASMY with Swapzone today

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