Origins of Jasmy:
Jasmy, a Japanese blockchain platform with its native token JASMY, has experienced a rollercoaster ride since its launch in late 2021. Initially dubbed "Japan's Bitcoin" due to its prestigious founding team, it reached an all-time high of nearly $5, only to plummet over 99% in value. Can Jasmy rise from the ashes and reclaim past glory, or is this a one-way trip down?

Jasmy boasts a pedigree unlike many cryptocurrencies. Founded by veterans of Sony, KPMG, and Mitsubishi UFJ, the project aims to empower individuals with control over their personal data. At its core, Jasmy provides a secure platform where users can store, manage, and monetize their data. Imagine controlling the data generated by your everyday activities – fitness trackers, online purchases, even social media interactions. Jasmy allows users to decide who can access this data and potentially profit from its use.
This unique use case has attracted some institutional support. Major Japanese corporations like Rakuten and Dentsu have partnered with Jasmy, demonstrating potential real-world application. Additionally, the project has secured funding from Japanese venture capitalists, hinting at a belief in its long-term viability.

However, significant hurdles remain. The concept of data ownership and monetization is complex and still evolving. Regulatory frameworks are unclear, and user adoption has been slow. Furthermore, the cryptocurrency market itself is notoriously volatile, with even established projects susceptible to price swings.
Jasmy's future hinges on several key factors. Demonstrating the practical value of its data ownership model will be crucial, with clear and secure applications for businesses and consumers alike. Regulatory clarity and wider adoption are also essential. Additionally, Jasmy must navigate the ever-changing landscape of the cryptocurrency market.
While predicting Jasmy's future price is impossible, its origins, ambitious use case, and institutional backing offer a glimmer of hope. Whether Jasmy becomes a phoenix rising from the ashes or fades into obscurity remains to be seen, but its journey will be one to watch.
#jasmy. #JasmyCoin: #JASMYBTC

Tech titan and gaming legend Sony enters crypto market space.

Sony prepares to launch its regulated crypto exchange in Japan.

Japanese-native tokens like JASMY will likely gain more recognition after launch.

Japan takes the lead for explosive crypto activity in this crypto bull cycle. Local tech titan take the spotlight from Japan today as it announces its intent to launch a regulated crypto exchange in Japan. 

Sony just announced the acquisition of Amber Japan through a subsidiary and is now set to launch its very own cryptocurrency exchange called S.BLOX. It will also create its own public blockchain network in partnership with Startale Labs. 

Sony, a globally recognized company known for its electronic devices, PlayStation, and Spiderman movies is taking a deep dive into the web3 realm. This is an incredibly bullish move for the cryptocurrency realm. 

Not to mention that Japan is a financial powerhouse and will likely bring more capital flowing into the crypto world. The founders of Gemini once said that this cycle’s bull rull will be triggered by the east. So far, Japans’ active participation in the crypto and blockchain spheres only adds weight to his prediction. 

Sony is already known for its activity in the gaming industry and have earlier expressed interest in using NFTs in their PlayStation exclusives. Thus, this Amber Japan acquisition is a very organic move for Sony. 

Going forward, local Japan-based crypto and blockchain projects will certainly gain more recognition across the world. Taking the spotlight here would be JasmyCoin (JASMY). Known as the Bitcoin of Japan, JASMY is steadily gaining more holders worldwide. 

The project has already partnered with Apple through Japan’s My Number Card initiative and is already showing hints of other major partnerships. According to some sources, a Tesla and EU partnership is already in the works, perhaps a JASMY and Sony partnership could be next. 

A JASMY analyst believes that JasmyCoin (JASMY) has already printed its bottom for this bull cycle. Adding to the bullish sentiment is the fact that the JASMY team expects the JASMY price to hit $17 by 2026. Will Sony’ exchange be the trigger for this bullish JASMY price prediction?

Read Also

Sony Group Acquires Amber Japan: Enters Crypto Exchange Market

Sony’s NFT Framework: Gamechanger or Game Over?

Sony Network Communications and Startale Labs Join Forces to Pioneer Web3 Blockchain

JASMY and Apple in Partnership as Japan’s My Number Card Function Enters iPhones Next Spring, Can JASMY Price Hit $10?

Ripple and JASMY Partnership Speculation Sparks Bullish Sentiment for New XRP and JASMY ATHs

The post JASMY’s $17 Bullish Spike Could Trigger Once Sony’s Crypto Exchange Launches in Japan appeared first on Crypto News Land.

Altcoins FLOKI and VET take the spotlight as altcoins begin surging in the crypto market.

WTK is up by 60% and similar bullish sentiment is seeping into other altcoin expectations.

Both FLOKI and VET are printing bullish patterns for parabolic pumps in coming months.

Rising speculation over Japan launching a possible stablecoin for the Japanese Yen (JPYD) draws the attention of the JASMY community. JasmyCoin, known as the Bitcoin of Japan, could gain massive traction if JPYD were to launch. 

A Japanese stablecoin. It would be huge.What USDT and ethereum are for each other,JPYD and $JASMY would do the same#JASMY TO THE MOON. Bound for top-10 CMC rankings. pic.twitter.com/YGN9wrcihg

— Team LAMBO (@TehLamboX) June 20, 2024

As we can see from the post above, the post talks about what the impact of a Japanese stablecoin would do. Specifically, this user says that a JPYD and JASMY relationship would reflect that of USDT and Ethereum. 

All in all, the JASMY community is in awe at the possibilities that would open if this rumour could in fact come true. The entry of JPYD could dramatically influence JASMY’s position in the global economic arena. 

Meanwhile, price analysts are noticing bullish trends in the JASMY charts. It seems like the stablecoin news is seeping into the chart action for JASMY price. So far, the JASMY team has expressed their expectation for JASMY price to hit $17 by 2026. 

While the majority mostly discusses the $JASMY price target I highly recommend to research Jasmy, what is it all about and how big it really is. That will explain why price targets of $1 and even $17 in 2026 seem realistic to reach!#Jasmy @JasmyMGT https://t.co/18Xb1eh1Yc

— mrpatrickschmitt (@mr_pschmitt) June 20, 2024

In response to this, analysts share their thoughts on the matter saying that this bullish expectation is not hard to achieve for JASMY. In fact, one user shares how this goal is a realistic reach for the asset. 

Also adding to the bullish sentiment is how many analysts believe that JASMY bottom has been hit and a major price reversal could play out very soon for JASMY price. Another analyst shares JASMY price chart and charts out the next higher lows and higher highs that JASMY will likely hit soon.

Lastly, a very bullish sign for JASMY is the fact that a popular crypto trader known for his accurate crypto market price predictions has bought JASMY. Having shared his buy signal for the asset when altcoins hit the bottom JASMY is gaining more popularity amongst seasoned traders.

Read Also

Will JASMY Surpass the $1 Mark in 2024? Insights into JasmyCoin’s Future Growth

JasmyCoin (JASMY) Skyrockets: Apple Partnership Speculation Sparks $1 Price Target

JASMY Will Hit $17 According to JasmyCoin CFO and CEO, an Expectation for when JASMY Hits 107 Million Users

Bullish JASMY Sentiment Accelerates JasmyCoin’s Price Trajectory to Hit $1-$5 Soon, Will JASMY Surpass $10?

Varying JASMY Predictions Keep JasmyCoin Traders on Their Toes, Analysts Say Slow Momentum Pump Incoming

The post JASMY Community Unite Over Possible Launch of JPYD Japanese Stablecoin, JasmyCoin Charges Bullish appeared first on Crypto News Land.