Jasmy (JASMY) is a coin you may not have heard much about, but it is quite a controversial hard player. First of all, it focuses on the Internet of Things (IoT) data market and has come up with the concept of a 'personal data vault', allowing users to control their own data and decide which data can be sold and which is private, with JASMY coins being used for transactions. At first glance, this idea is quite interesting, especially for those who value privacy.
Looking at market performance, JASMY has increased by over 160% this year, which is enough to catch anyone's attention. However, its current price is around $0.017, which is still far from its historical high of $4.79. This coin is highly volatile, and recently surged due to some new regulations in Japan, indicating that the Japanese market has a significant influence on it.
On the technical side, its trend is somewhat neutral to weak, with MACD and RSI indicators suggesting a bearish outlook in the short term. However, interestingly, its market remains relatively active with high trading volume. Therefore, this coin is a 'double-edged sword': while there is potential for significant profit, a downturn is also a possibility if luck does not favor you.