Latest JasmyCoin (JASMY) News Update

By CMC AI
18 August 2026 11:36AM (UTC+0)

What is the latest news on JASMY?

TLDR

JasmyCoin faces a significant setback as major South Korean exchanges prepare to delist it, casting a shadow over its near-term liquidity and market confidence. Here are the latest news:

  1. Upbit & Bithumb Delist JASMY (14 August 2026) – Major Korean exchanges will remove JASMY trading pairs, citing unresolved disclosure and business concerns.

  2. Delisting Triggers Immediate Price Drop (14 August 2026) – The announcement caused JASMY's price to fall over 5%, highlighting immediate negative market impact.

Deep Dive

1. Upbit & Bithumb Delist JASMY (14 August 2026)

Overview: South Korea's two largest exchanges, Upbit and Bithumb, announced they will delist JasmyCoin (JASMY) alongside Storj (STORJ) and ThunderCore (TT) on 14 September 2026. The decision follows earlier "investment caution" warnings issued in late July 2026, which cited inadequate disclosures and concerns about the project's business substance, sustainability, and progress. Upbit stated these issues remained unresolved after review. Trading for pairs like JASMY/BTC and JASMY/USDT will end, with withdrawals supported until 14 October 2026.
What this means: This is bearish for JASMY because it removes key liquidity and trading access in a major crypto market, potentially signaling a loss of institutional confidence. It also forces holders on these exchanges to move assets, which could increase selling pressure elsewhere.
(CoinMarketCap)

2. Delisting Triggers Immediate Price Drop (14 August 2026)

Overview: Following the delisting announcement, JASMY's price fell 5.25% to approximately $0.00374, underperforming the broader market. Analysis noted that the token had been struggling below its 20-week exponential moving average, a key resistance level, since 2025. The news accelerated the existing downtrend, with the token's market cap now around $176 million.
What this means: This is bearish as it confirms the market's negative reaction to reduced exchange support, reinforcing a weak technical structure. The immediate sell-off suggests traders are pricing in higher liquidity risk and uncertainty.
(Yahoo Finance)

Conclusion

JASMY's trajectory is currently dominated by the loss of its South Korean exchange listings, a development that pressures both price and investor sentiment in the short term. Will the project's underlying technology and other market listings provide enough support to stabilize its value?

What are people saying about JASMY?

TLDR

JasmyCoin's social chatter is a tense standoff between delisting fears and whispers of a technical comeback. Here’s what’s trending:

  1. Major South Korean exchanges are delisting JASMY, sparking a wave of bearish panic and price pressure.

  2. A massive spike in large on-chain transactions hints at possible whale accumulation, offering a bullish counter-narrative.

  3. Technical analysts are split, seeing a potential base formation but warning of a weak trend that needs to break key resistance.

Deep Dive

1. @Blake_Berryhill: Whale Activity Spikes Amid Downturn bullish

"$JASMY... a sharp +950% week-over-week increase in $100K+ whale transactions... signals heightened on-chain activity." – @Blake_Berryhill (12.9K followers · 17 April 2026 04:32 UTC) View original post What this means: This is bullish for JASMY because a surge in large transactions often indicates accumulation by sophisticated investors, which can precede price rallies if sustained.

2. @Call4Tokentalk: Analysts Watch for a Bullish Structure Hold mixed

"$JASMY is holding a strong bullish structure after a sharp impulse move from the 0.0076 base... As long as JASMY holds above the 0.0088–0.0086 support zone, the bias remains bullish." – @Call4Tokentalk (2.3K followers · 7 January 2026 06:58 AM UTC) View original post What this means: This is neutral for JASMY because it highlights a fragile technical setup; holding support could lead to a bounce, but a break lower would confirm continued weakness.

3. @Upbit: Delisting Announcement Sends Shockwaves bearish

"Upbit has announced it will delist Jasmy Coin (JASMY)... citing unresolved concerns about disclosures and business sustainability." – Upbit (via KuCoin) (14 August 2026 02:54 PM UTC) What this means: This is bearish for JASMY because losing major exchange listings drastically reduces liquidity and access for a key market (South Korea), often triggering sell-offs and eroding investor confidence.

Conclusion

The consensus on JASMY is mixed but leaning bearish, torn between alarming exchange delistings and glimmers of on-chain accumulation. The immediate narrative is dominated by regulatory rejection, overshadowing longer-term technical and fundamental hopes. Watch exchange netflows closely; sustained withdrawals from exchanges could signal conviction buying, while continued deposits may confirm distribution.

What is next on JASMY’s roadmap?

TLDR

JasmyCoin's near-term path is defined by a major exchange delisting, while its long-term vision centers on infrastructure development.

  1. Upbit Delisting (14 September 2026) – Trading ends on a major Korean exchange, with withdrawals available for one month.

  2. JasmyChain Infrastructure Development (2026) – Ongoing expansion of its Ethereum L2 for IoT and data monetization applications.

Deep Dive

1. Upbit Delisting (14 September 2026)

Overview: Upbit, South Korea's largest exchange, will end trading support for JASMY on 14 September 2026, alongside STORJ and TT (KuCoin). The decision follows unresolved warnings from late July 2026 regarding concerns about issuer disclosures and business progress. Withdrawals will remain open until 14 October 2026, after which support for airdrops and wallet upgrades ceases.

What this means: This is bearish for JASMY in the short term because it removes a key liquidity venue and is likely to trigger selling pressure from users exiting the platform. The official citation of disclosure and business concerns could also dampen broader investor confidence.

2. JasmyChain Infrastructure Development (2026)

Overview: Jasmy's core strategic initiative is the maturation of JasmyChain, an Ethereum Layer-2 network built on Arbitrum Orbit (LeveX). Since January 2026, JASMY has transitioned to become the native gas token for this network, creating direct on-chain demand. The stack includes tools like the Secure Knowledge Communicator for authentication and the Personal Data Locker for user-controlled data storage.

What this means: This is bullish for JASMY in the long term because it shifts the token's utility from a simple payment medium to a necessary fuel for a specialized data and IoT ecosystem. Success depends on attracting real-world usage and dApps to generate sustainable transaction fees.

Conclusion

JASMY faces immediate headwinds from a significant exchange delisting but is betting its future on utility-driven demand from its proprietary Layer-2 blockchain. Will the growth of JasmyChain's ecosystem ultimately outweigh the near-term liquidity and sentiment shock?

What is the latest update in JASMY’s codebase?

TLDR

JasmyCoin's core infrastructure has evolved significantly through major technical upgrades.

  1. JasmyChain Mainnet Launch (January 2026) – Transitioned JASMY to a native gas token on its own Ethereum Layer-2 network.

  2. Chainlink CCIP Integration (2025) – Enabled secure, cross-chain token transfers between Ethereum and Base.

  3. Janction GPU Network Announcement (2025) – Launched a decentralized compute network using JASMY for node incentives.

Deep Dive

1. JasmyChain Mainnet Launch (January 2026)

Overview: This was a fundamental shift in JASMY's utility. The token transitioned from a simple payment asset to the native gas currency powering Jasmy's own Ethereum Layer-2 blockchain, called JasmyChain. This creates direct, ongoing demand for JASMY as it's burned to pay for transactions.

JasmyChain is built using Arbitrum Orbit's technology stack, which provides Ethereum-level security and compatibility. The network is designed specifically for data privacy and IoT applications, moving beyond generic smart contracts to support real-world use cases like secure identity verification and AI data monetization.

What this means: This is bullish for JASMY because it transforms the token from a speculative asset into a fundamental utility token. Every transaction on the network requires JASMY, creating a built-in consumption mechanism that could reduce sell pressure and tie the token's value directly to network usage.

(LeveX)

Overview: This integration connected the Jasmy ecosystem to other major blockchains in a secure way. By implementing Chainlink's Cross-Chain Interoperability Protocol (CCIP), JASMY tokens can be moved trustlessly between the Ethereum and Base networks.

This solves a major user experience hurdle by reducing the complexity and risk typically associated with bridging assets across chains. It makes the Jasmy ecosystem more accessible and interoperable within the broader Web3 landscape.

What this means: This is bullish for JASMY because it improves liquidity and utility. Users and developers can more easily move value in and out of the Jasmy ecosystem, which encourages adoption and integration with applications on other chains like Base.

(CoinMarketCap)

3. Janction GPU Network Announcement (2025)

Overview: This update expanded Jasmy's infrastructure into decentralized computing. Janction is a network that provides GPU (graphics processing unit) power for tasks like AI model training and complex data processing.

Within this network, JASMY is used to pay for compute resources and to reward node operators who contribute their hardware. This creates another significant utility sink for the token beyond just gas fees on JasmyChain.

What this means: This is bullish for JASMY because it diversifies the token's use cases into the high-growth AI and compute sectors. It positions JASMY as a work token in a new market, potentially attracting a different set of users and investors focused on decentralized physical infrastructure (DePIN).

(CoinMarketCap)

Conclusion

JasmyCoin's development trajectory shows a clear pivot from a conceptual data token to a multi-faceted infrastructure provider, with its codebase now supporting a dedicated L2, cross-chain interoperability, and decentralized compute. Will rising transaction volume on JasmyChain translate into sustained demand for the JASMY token?

CMC AI can make mistakes. Not financial advice.