Altcoin Skyrockets 20% Amid Apple Partnership Speculation 🚀🍏
After a recent announcement from Japan's Prime Minister's Office, JasmyCoin (JASMY), often dubbed the "Bitcoin of Japan," has sparked a wave of excitement. During a video call with Prime Minister Kishida and Apple CEO Tim Cook yesterday, it was confirmed that Japan's My Number Card functionality will be supported on iPhones by next spring.
Crypto Investors Eye Apple Collaboration📈
This news has driven JASMY's market value up by 20% within 24 hours, propelling it to the 67th largest cryptocurrency by market capitalization. The altcoin's 24-hour trading volume surged by 400%, reaching $570 million.
Despite months of speculation, there is no formal link between JasmyCoin and the Japanese government's My Number Card initiative. Investors are speculating based on Japan's digital strategy, which champions Web3 technologies like blockchain and IoT, areas where JasmyCoin plays a significant role.
Founded in 2016 by former Sony executive Kazumasa Sato, JasmyCoin aims to secure IoT data transfers and storage. The coin could be integral to Japan's strategy focusing on the Metaverse and NFTs, integrating cutting-edge technology into everyday life. JasmyCoin's mission is to democratize data management and storage, allowing individuals to own their personal data securely.
An erroneous article from Binance Square suggested a direct link between JASMY and the iPhone's My Number Card feature, further fueling speculation. However, no credible sources support this claim.
In recent speeches, the Japanese Prime Minister has highlighted the importance of digital transformation and Web3 innovations for economic growth. Although JasmyCoin indirectly benefits from Japan's favorable stance on blockchain technology, no direct collaborations with government programs like the My Number Card have been confirmed.
JASMY's recent market activity underscores the volatile nature of cryptocurrency markets, where rumors and expectations can significantly impact prices.$JASMY
