Gate News Bot Message, January 7th, according to CoinMarketCap data, as of press time, JASMY (JasmyCoin) is trading at $0.00944018, up 24.29% in the past 24 hours, with a high of $0.01006285 and a low of $0.00545329. The 24-hour trading volume reached $227 million. The current market capitalization is approximately $467 million, an increase of $91.2 million compared to yesterday.
Jasmy is a Japanese company founded in April 2016, dedicated to providing platforms and solutions for the Internet of Things (IoT) sector. The company is led by CEO Kunwei Ando, former President and COO of Sony Corporation, with a strong team background from Sony. Jasmy has obtained international security certifications such as ISO/IEC 27001:2022 and JIS Q 27001:2023. Its business scope includes the development, maintenance, and operation of IT service platforms utilizing blockchain technology, as well as providing IoT device information solution services, and engaging in the design and development of IoT devices.
Market Drivers Analysis
Recent important news about JASMY:
1️⃣ Price Breaks Key Psychological Resistance Level
During this rally, JASMY reached a high of $0.01006285, approaching the $0.01 mark. Breaking this psychological price point often becomes a significant technical support and resistance turning point, attracting a large influx of buy-in funds and boosting trading activity. The 24-hour trading volume of $227 million indicates a significant increase in market participation.
2️⃣ Market Cap Steadily Expanding Reflects Market Confidence
The market cap increased by $91.2 million to $467 million within 24 hours, with the growth rate matching the price increase, indicating that this is not just a price fluctuation but also a sign of rising overall market recognition. This synchronized growth in market cap suggests increasing investor confidence in JASMY’s long-term value.
3️⃣ Strong Uptrend with High Volatility Risks
The price retraced more than 46% from its peak, falling to $0.00545329, indicating significant short-term volatility. This reflects heightened market attention to JASMY and also warns investors to be cautious of potential profit-taking pressures.
This message is not investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
MICA Daily｜The Long-Term Blockade of the Strait of Hormuz: How Will It Affect Bitcoin?
Geopolitical tensions in the Strait of Hormuz could impact Bitcoin and cryptocurrency markets. If transportation is disrupted, rising energy prices and inflation will tighten financial markets, causing investors to reduce risk asset exposure. Bitcoin, being a risk asset, may face short-term downward pressure following such impacts. Open interest and funding rates will become important indicators, signaling market risks.
区块客22m ago
Bitcoin Breaks Through $73,000, Ethereum Surges to $2,200! Tom Lee: Stock Market May Have Hit Bottom This Month, Rising Oil Prices Could Be Bullish
Bitcoin briefly broke through $73,200 this morning, while Ethereum similarly surpassed $2,200. The fear index rose to 23, indicating extreme panic. Tom Lee stated on CNBC that the U.S. stock market may have already formed a bottom, tech stocks are performing well, rising oil prices could be favorable for U.S. stocks, and he believes the current situation will not become a systemic issue.
動區BlockTempo1h ago
TAO (Bittensor) Up 7.25% in 24 Hours
Gate News Update: On March 16, according to Gate's market data, as of the time of publication, TAO (Bittensor) is trading at 276.85 USD, up 7.25% in the past 24 hours, with a high of 291.45 USD and a low of 193.37 USD. The 24-hour trading volume reached 668 million USD. The current market cap is approximately 2.982 billion USD, an increase of 201 million USD compared to yesterday.
## Recent Important Updates on TAO:
1️⃣ **Positive Technical Signals Emerging in the Market**
Technical analysis indicates that TAO's price is forming an Adam-Eve pattern, which typically signals the formation of an uptrend. Analysts have observed that this technical pattern could help push TAO's price above 270 USD, which aligns with current price performance. The
GateNews1h ago
XRP Price Shows Significant Recovery, Is $3 Back On The Menu?
The price of XRP shows a pent-up bullish momentum in the RSI chart.
The token has also entered a decisive phase at the 200 EMA, which could push it above $3.
Ongoing upgrades, particularly ZKP integration, could drive greater institutional adoption of XRPL.
XRP staged a huge rally from $1.40 to
Blockzeit1h ago
USDC Rises Against the Trend: Trading Volume Surpasses USDT for the First Time, Leading Holdings in Five Countries
Mizuho Financial Group research shows that USDC's adjusted trading volume will reach $2.2 trillion in 2026, surpassing USDT's $1.3 trillion for the first time, demonstrating its growth in the stablecoin market. USDC performs better in regulated markets, while USDT maintains dominance in emerging markets, reflecting geographic differentiation in the stablecoin market. This phenomenon is closely related to the different regulatory strategies adopted by both.
MarketWhisper1h ago
