JASMY Coin Price Prediction: Jasmy Went Parabolic, to Buy Now?

JASMY Coin Price Prediction: Jasmy is expected to slip to an average price of $0.00122 by the end 2022., according to Wallet Investor.

• JasmyCoin price surged to its peak level since July 10.
• The coin has spiked over45% from its lowest level of the year.

Jasmy coin price was on a vertical trend on Tuesday as smaller cryptos continue to make a comeback. The coin rose to a high of $0.011, its highest level since July 10 this year. It has risen more than 46% from its lowest level this year, bringing its market cap to more than $55 million.

What Is Jasmy Coin (JAS) And Why Is It Up?

Jasmy is one of the more popular blockchain platforms, built by a team led by a former Sony executive. Often referred to as Japan’s Bitcoin, the platform is designed to help companies and individuals properly handle their data.

It is an Internet of Things (IoT) platform that uses blockchain technology to ensure that users have control over their data. It also ensures that companies can protect user data in an efficient and transparent manner.

Jasmy is dealing with an important industry that affects everyone. In addition, data is being called the new oil. Companies like Google and Meta Platforms are successful because of the data they own in their platforms.

Jasmy is also involved in other industries. For example, they recently launched a fan token offering (FTO) for Sagan Tosu, a leading Japanese soccer club. Fan tokens are a cryptocurrency that helps clubs deepen their engagement with fans.

This month, the price of Jasmy coin rose after the team announced the development of a Cell Culture System using Web3 technology. It is developing the product through a partnership with BioMedica Solutions.

Jasmy price has also increased due to the improved market sentiment. A closer look reveals that the prices of most cryptocurrencies (such as ETH and Bitgert) have risen in the past few days. As a result, the total market cap of all coins has risen to over $1.2 trillion.

Jasmy Coin Price Prediction: Is Jasmy A Good Investment?

The four-hour chart shows that the JASMY price has been in a strong bullish trend for the past few days. During this period, it has struggled to break the important resistance level of $0.0108, which was the highest level on August 8.

Jasmy coin has rallied above its 25-day and 50-day moving averages, while MACD has risen above the neutral level. It is also rising in volume. Therefore, the coin could continue to rise as bulls target the next key resistance level at $0.0120, which was the highest level on July 10. A break above that resistance level would bring more gains in the near term.

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