Colossal 860% Surge: This Altcoin Outperforms Top 100 Tokens While Aiming For New Heights

Name	Symbol	Market	Market Cap ($)	Algorithm
JasmyCoin	JASMYUSD	Crypto	1,668,553,200	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

JasmyCoin

JASMYUSD

Crypto

1,668,553,200

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.00327	10.46%	0.03452	0.03452	0.03454

Price Change

Price Change %

Current Price

Bid Price

Offer

0.00327

10.46%

0.03452

0.03454

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.03472	0.0312	0.03129	0.03125	0.004520 - 0.059400

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.03472

0.0312

0.03129

0.03125

0.004520 - 0.059400

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	16:48:36	9,050.00	0.03452	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

16:48:36

9,050.00

0.03452

USD

Price x Volume	Volume	Base Symbol	Related Pairs
23,208,903.60	703,199,995.38	JASMY	JASMYEUR	JASMYGBP	JASMYBTC

Price x Volume

Volume

Base Symbol

Related Pairs

23,208,903.60

703,199,995.38

Colossal 860% Surge: This Altcoin Outperforms Top 100 Tokens While Aiming For New Heights

06/12/2024 6:00am

NEWSBTC

While Bitcoin (BTC) and other leading cryptocurrencies have been making headlines with their recent gains, an often-overlooked altcoin, JasmyCoin (JASMY), has delivered an astonishing 861% surge year-to-date, outperforming the top 100 tokens in the market. As of Thursday, JASMY broke out of a seven-month consolidation phase, climbing to $0.054. The Altcoin Outperforming Major Cryptos In addition to its impressive yearly performance, JasmyCoin has seen notable gains over shorter time frames, recording increases of 118%, 162%, and 211% over the past seven, fourteen, and thirty days, respectively. Related Reading: Michael Saylor Predicts Bitcoin Market Cap Of $280 Trillion By 2045—What Will The Price Be? Market experts anticipate that the overall market’s bullish trend could continue at least until the second quarter of 2025, suggesting further growth potential for JASMY, which remains 98% below its all-time high of $4.79, reached during the 2021 bull market. However, with further gains expected in the coming months, potentially reaching a cycle top by October 2025, Ethereum (ETH), the second largest crypto, will play a key role as it often leads the way for further price appreciation like the altcoin in question. But, what exactly is JasmyCoin, and why has it attracted significant investment in recent weeks? JasmyCoin Eyes Key Resistance Levels JasmyCoin is the native token of the Jasmy platform, which aims to democratize data usage by integrating blockchain and Internet of Things (IoT) technologies. The platform provides a decentralized and secure infrastructure that allows individuals to control and monetize their personal data. Users can safely store and manage their data while granting businesses access with their consent. Built on the Ethereum blockchain, this altcoin is an ERC-20 token with a total supply of 50 billion tokens. Its primary uses include data transfer and storage, payment for services, facilitating market entry for institutional investors, offering crypto loans, and optimizing tax strategies. In contrast to Bitcoin’s year-to-date gains of 120%—following its recent all-time high of $104,000—JASMY has significantly outperformed the largest digital asset. Related Reading: XRP Downtrend Is Only Temporary: Analyst Gives Reasons Why Price Is Headed For $3.2 According to CoinGecko data, Bitcoin saw a trading volume increase of 64% compared to Wednesday, while JasmyCoin recorded a nearly 100% surge in trading volume during the same period. As JasmyCoin continues its upward trajectory, technical analysis reveals critical resistance levels at $0.063, $0.067, and $0.070 on its JASMY/USDT daily chart—heights not seen since January 2022. These levels could pose challenges to further price surges for the altcoin. Conversely, key support levels to monitor include $0.040, which is vital for maintaining bullish momentum, and $0.031. Holding these support levels will be crucial for the altcoin as it aims to inch closer to the $0.10 mark. Featured image from DALL-E, chart from TradingView.com

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JASMYUSD JasmyCoin