Is It Too Late to Invest in JasmyCoin? Jasmy Price Soars 52% Amid $4.4 Million AI Coin Funding
Tim Hakki
Last updated: June 5, 2024 12:25 EDT | 2 min read
The value of the decentralized data storage coin JasmyCoin ($JASMY) has surged by 52% in the past week, reaching $0.03897. This sudden increase in price was driven by speculation among investors that the crypto company had formed a partnership with Apple’s iPhone.
However, these rumors have been debunked as false. The confusion stemmed from an assumption that Apple’s recent announcement of integrating Japan’s ID card system into its iPhones was somehow linked to JasmyCoin, a decentralized on-chain personal data storage solution.
Dubbed as the “Japanese Bitcoin,” $JASMY empowers individuals to have greater control over their personal data by storing it in a Personal Data Locker (PDL). Users can choose to share this data with companies that are willing to pay for it.
This innovative model aims to enhance data security, reduce leaks, and facilitate the exchange of data between consenting parties.
Recent Price Movement of JasmyCoin
$JASMY’s recent performance has positioned it as the top dePIN coin by market capitalization, surpassing its closest competitor Arweave, which saw a 20% increase over the week.
In contrast, the leading cryptocurrency Bitcoin ($BTC) experienced a more modest growth of 2.9% overnight and 4.4% over the week, trading at $70,919.
The price chart of $JASMY indicates a two-phase rally that began on May 23 when the US SEC approved ETFs for Ethereum ($ETH), the blockchain powering JasmyCoin.
Following this news, the token surpassed its $0.025 resistance level (marked by the vertical red line), and the Apple-related rumors on May 30 propelled the price above $0.04.
It seems that JasmyCoin may have reached a new resistance level. The stable relative strength index (RSI) of 48 suggests uncertainty in the market direction, but the price surge appears to be slowing down after the clarification of the Apple rumors.
With a 2.4% growth in the last 24 hours, JasmyCoin is expected to align with Bitcoin’s price movement soon.
As $JASMY Price Rises, AI Meme Coin WienerAI Reaches $3 Million
The bullish trend of $JASMY reflects its position among projects exploring the diverse applications of blockchain technology. While personal data storage may not be the most hyped sector in Web3, investors seeking more dynamic opportunities can diversify their portfolios with meme coins and AI coins, which have the potential for significant growth.
Coins like ScottytheAI and WienerAI combine the viral nature of memes with the lucrative field of artificial intelligence, attracting millions of investments.
WienerAI, despite its dog-themed meme appearance, offers more than just entertainment. It is a cutting-edge crypto project that leverages viral marketing to introduce a valuable proposition to crypto enthusiasts: the most advanced AI trading bot for beginners.
The presale of WienerAI has already garnered $4.5 million in investments within a month. Positioned as a “Revolutionary AI Trading partner,” WienerAI ($WAI) provides users with user-friendly AI trading advice, seamless swap features, and zero fees.
The smart contract of WienerAI has been audited by blockchain security platform Coinsult, and around 20% of $WAI’s supply is allocated for staking.
Interested buyers can participate in the presale on WienerAI’s website to benefit from a current yield of 242% APY.
For the latest updates on WienerAI, follow their news on X and Telegram. Join the presale on the WienerAI website.
Please note that investing in crypto is high-risk, and this article serves for informational purposes only. It is not investment advice, and there is a possibility of losing all invested capital.