Jasmy Coin Price Prediction as JASMY Soars 12% – Are Whales Buying?

Last updated: May 16, 2024 1:28 pm EDT | 3 minutes reading

JASMY jumped 12% today, with the price of Jasmy coin climbing to US$0.02051 and outperforming the market as a whole, which rose 5% in 24 hours.

This price also means that JASMY has gained 14% in one week, 24% in two weeks, and 17% in the past month, with the utility token outperforming other comparable coins in these periods.

And with Jasmy as a platform continuing to grow steadily and welcoming new partnerships and launches, the price of JASMY could continue to rise consistently in the coming weeks.

Jasmy Coin Price Prediction as JASMY Soars 12% – Are Whales Buying?

JASMY has had a strong few days, with its indicators now showing plenty of momentum that could continue through the end of the week.

In particular, its 30-day average (orange) surpassed 200 days yesterday (blue) and is advancing, a sign of breakout.

Source: TradingView

The JASMY Relative Strength Index (purple) also looks promising, having recovered from lower levels last weekend and reaching 80 yesterday.

Although it has dropped a bit since then, it remains above 60 and could remain high in the coming days as the coin’s price rises a little higher.

It is also highly encouraging that JASMY’s trading volume has increased to $100 million, which may be low in view of larger tokens, but is actually JASMY’s highest level in a month.

JASMY is expected to see continued gains in the short term, while its long-term picture also looks very optimistic.

This is because it is the native token of Jasmy, a layer-one blockchain platform that has been gaining traction in recent months.

Most famous, announced a partnership in March with the large electronics manufacturer Panasonic, with which it will develop an Internet of Things platform.

And with partnerships with other recognized names such as Nippon Travel AgencySuch developments will likely help Jasmy grow in stature and importance in the cryptocurrency sector.

JASMY is therefore poised to benefit from the recent growth of its platform, while also benefiting from the continued recovery and growth of the broader cryptocurrency market.

It’s possible the market could see another bull run in the coming months, especially if the Federal Reserve announces rate cuts.

Based on this, Jasmy Coin price could reach $0.03 in the coming weeks and $0.1 by the end of the year.

Diversification with High Potential Meme Tokens

Traders should be aware that JASMY is not the only promising small-cap alternative on the market, with a variety of latest meme tokens also seems ready to emerge.

While meme coins can be very unpredictable, a new example with solid fundamentals is Dogeverse (DOGEVERSE).

DOGEVERSE is a multi-chain meme coin that has raised over $15 million in its token offering, which is in its final phase before token listings.

Source: Dogeverse

What’s special about Dogeverse is that it is the first Doge-themed multi-chain cryptocurrency.

This way, it will operate not only on Ethereum, but also on Polygon, BNB Chain, Solana, Avalanche and Base.

This gives it very strong potential, in that it could enter multiple ecosystems and gain use in many more applications and trading platforms than it would have otherwise.

As a token, it will have a maximum cap of 120 million, which is in contrast to tokens like Dogecoin, which are infinitely inflationary.

And when combined with a generous betting system, DOGEVERSE can become deflationary very quickly.

New investors can get involved in your pre-sale via the official Dogeverse websitewhere 1 DOGEVERSE is being sold for the final presale price of $0.00031.

Once the sale ends, buyers will receive their tokens via the Dogeverse airdrop, at which point they can sell their coins (or keep them) and potentially make a large profit.

Buy DOGEVERSE today

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You can lose all your capital.

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