Binance announces new developments in Jasmy coin
Today, we have an important development from Jasmy, an altcoin listed on Binance exchange. Before we delve into Jasmy, let’s take a look at the specific developments.
New developments in Jasmy, an altcoin listed on Binance
A user named Team LAMBO announced new developments in Jasmy coin on the X platform. According to the announcement, the concept of “Japanese stablecoin” is involved. If this idea comes true, it will trigger a major change in the cryptocurrency field. In addition, Jasmy has submitted patent applications and trademark requests for JPYD, showing its determination in this direction.
To explain the potential value of this development, some people have compared Jasmy to Ethereum and Tether (USDT), leaders in the cryptocurrency world. From this comparison, we can see the importance of JPYD stablecoin to Jasmy.
What is interesting here is that this development is of great significance to Jasmy. The LAMBO team believes that such developments have the potential to push Jasmy to new heights. With the increase in price, Jasmy is expected to rank among the top 10 cryptocurrencies by market capitalization. However, it is still unknown whether Jasmy will issue the stablecoin JPYD.
Investors need to be cautious about Jasmy
When talking about Jasmy, I would like to remind investors to pay attention to several aspects that need to be treated with caution. First of all, the total supply of Jasmy is as high as 50 billion, and the current circulation in the market has reached 492,999,996,770. The current market value of Jasmy is about 1.524 billion US dollars.
In addition, investors need to pay special attention to the fact that Jasmy is currently included in Binance's watch list. This situation is undoubtedly a potential negative factor for Jasmy. It is important to keep in mind that cryptocurrencies on Binance's watch list are at risk of being delisted at any time. Therefore, when investing in Jasmy, investors should be extremely cautious and ensure that decisions are made based on a full understanding of the risks.
