- DWF Labs deposited 50 million JASMY tokens worth $1.57 million to Binance.
- JasmyCoin’s price increased by over 24%, reaching $0.031, with trading volume up 116% to $554.56 million.
- JASMY’s price surge is driven by its integration with Japan’s My Number Card on iPhones and the launch of its AI-focused incubator program, JANCTION.
SpotOnChain, an on-chain analytics platform, spotted DWF Labs recently depositing 50 million JASMY tokens, worth $1.57 million, to Binance. This boosts DWF Labs’ JASMY holdings to 71 million ($2.24 million), with a projected net profit of $9.21 million, reflecting a 298% increase.
JasmyCoin, often dubbed the “Bitcoin of Japan,” pumped gains exceeding 24% in its recent intraday session. This stellar performance has propelled Jasmy to a new year-to-date high and catapulted its price to $0.031 according to CoinMarketCap data.
Similarly, the coin’s trading volume jumped 116% to $554.56 million over the same period. Its market capitalization increased by 25% to $1.5 billion, placing JasmyCoin 66th among the largest cryptocurrencies by market cap.
Jamsy’s moon mission is primarily driven by news of its iPhone integration with Japan’s digital ID system, “My Number Card.” The collaboration, unveiled by the Japanese Prime Minister, signifies a significant milestone for Jasmy’s technology and could potentially trigger a price surge.
Starting next spring, iPhone users will gain access to Japan’s My Number Card, thus incorporating JasmyCoin technology into Apple products. Additionally, this integration has boosted JASMY’s visibility, leading to a price pump as investor confidence grows.
JasmyCoin’s hype has also been amplified by the launch of its AI-focused incubator program, JANCTION, and the announcement of a 100 million JasmyCoin lockup earlier this month.
Meanwhile, cryptocurrency expert Captain Faibik reacted to Jasmy’s positive price trend via an X post, saying, “JASMY Bulls are Back in the Town, Next Bullish Rally incoming..!!”
Faibik further stated that JasmyCoin has entered a bullish phase, suggesting potential price increases. Through his analysis, he explained that JASMY has exited its accumulation zone, indicating a positive trend shortly. JASMY holders have experienced a 30% gain year-to-date, which Faibik believes is an optimistic outlook for the weeks and months ahead.
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