Altcoin
JasmyCoin reaches new heights with a monthly gain of 131.5%.
JasmyCoin has seen a notable increase in value, growing by 677% over the past year amid market fluctuations. This increase reflects a significant increase in investor interest, potentially driven by rumors of a partnership with Apple.
Furthermore, JasmyCoin’s value has increased impressively, with weekly gains of 65.7% and 131.5% in the past month. This bullish trend underlines the market’s solid confidence in the future of cryptocurrency.
JASMY/USD 1-Year Price Chart (Source: CoinMarketCap)
Additionally, the Ethereum ecosystem showed an increase in trading activity, with a 347.88% increase in 24-hour trading volume. As a result, JasmyCoin rose to the 60th position among over 10,000 active cryptocurrencies on CoinMarketCap.
DWF Labs’ recent deposit of 50 million JASMY tokens on Binance further highlights the growing financial interest in this asset. This transaction increased DWF Labs’ total holdings to 71 million JASMY tokens, with a net profit projection of $9.21 million, marking a gain of 298%.
Integration with Apple
Speculation about Apple’s intention to integrate the My Number Japanese ID card feature into iPhones has sparked discussions about JasmyCoin’s potential role in this process.
This all stems from the 2023 press release from the Japanese company Cyber Trust, which develops a “Trust Identity Confirmation Services” that will use the Jasmy blockchain. However, this is not the Japanese government’s My Number initiative.
If true, this development would have significantly improved JASMY’s usefulness and acceptance, taking advantage of Apple’s large user base and the Japanese government’s efforts to streamline administrative functions.
As JasmyCoin continues to show strong performance, it could indeed lead to an integration into major technology frameworks, the market is eagerly watching.
Investors need to check before entering a trade, remember that DYOR is the key.
Read also: DWF Labs Denies Report of $300 Million Wash Trading on Binance