THE JAPANESE BITCOIN - JASMY
In just one week, this leading Japanese cryptocurrency has had a remarkable 180% growth, attracting the interest of investors and analysts to fuel the question -
What is causing Jasmy price to surge?
1) The Japanese government made regulatory changes by facilitating direct investment in digital assets. This has piqued interest in digital economy in Japan.
2) Whale Activity
The recent valuation of Jasmy could be attributed to the withdrawal of 665.655M ($5.36M) tokens of Jasmy from coinbase from two dormant whale accounts since 2021. This has increased the buying pressure in the token.
3) Interest from Influential Figures
Mattew Perry, a respected crypto trader and analyst has shared +ve reviews on his channels. Likewise, @web3swnator has endorsed it on X.
