[JASMY rises to 51st in market capitalization and continues bullish rebound amid severe altcoin collapse]
As the crypto market has experienced sudden drops across numerous altcoins over the past 24 hours, one altcoin has remained strong. JasmyCoin (JASMY) has not only remained bullish, it has also climbed to 51st place in CoinMarketCap’s market capitalization rankings.
Today, the price charts of a large number of altcoins are dominated by unfortunate red downward marks. What some are calling a sudden altcoin crash has left many altcoin holders frustrated with market conditions. However, JASMY remains strong and stable in the green zone.
Specifically, the crypto market witnessed a sudden drop in the prices of many altcoins, including ETH, XRP, DOGE, SHIB, ADA, LINK, DOT, NEAR, and others. Only a few altcoins remained strong and did not fall like JASMY and TON.
More significantly, while TON and JASMY also fell, the losses were small compared to other altcoins. Specifically, usually during altcoin declines, JASMY falls in line with other altcoins, but this is not the case this time.
It’s worth mentioning that this drop puts JASMY just one step away from being among the top 50 cryptocurrencies in the world. The JASMY community is very excited about the rapid growth of their beloved token.
While the entire crypto market is in the red zone, JASMY remains in the green zone and continues to climb the rankings. Some members of the community took the time to appreciate JASMY’s long-term future.
One member said it was healthy for the market to fall, but even healthier for JASMY to remain stable. He highlighted JASMY’s high trading volume over the past two weeks and recalled the challenging times the community has faced since 2021.
Overall, the JASMY team and community are very bullish on JASMY’s price performance this quarter, with many price forecasts predicting that JASMY will exceed $10 during this cycle. In particular, the team expects the JASMY price to reach $17 in 2026.
