<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/dwf-labs-invests-heavily-in-jasmy-token-impacting-market-dynamics/" data-wpel-link="internal">DWF Labs Invests Heavily in JASMY Token, Impacting Market Dynamics</a><br></p>
<p style="text-align: justify">Leading market maker <strong>DWF Labs</strong> recently deposited a substantial portion of its ERC-20 based tokens, including the frequently mentioned JASMY, into one of the world’s leading cryptocurrency exchanges, <a href="https://en.coin-turk.com/big-bitcoin-announcement-from-binance-now-available/" data-wpel-link="internal">Binance</a>. The transfer had a massive impact on the price of JASMY, causing it to soar over 40% within 24 hours, leading to widespread speculation among crypto market enthusiasts worldwide.</p> 
<h2 style="text-align: justify" id="dwf-labs-and-the-jasmy-transaction">DWF Labs and the JASMY Transaction</h2> 
<p style="text-align: justify">On the other hand, derivative data reflected the rise for JASMY and demonstrated the influx of liquidity into the market. The recent surge in the ERC-20 based token is attributed to several factors, closely linked to regulatory easing in Japan.</p> 
<p style="text-align: justify">Jasmy’s recent resurgence has caught the attention of crypto market traders and investors globally, and it seems to be carving out a niche for itself as Japan’s Bitcoin.</p> 
<p style="text-align: justify">According to data provided by Scopescan, DWF Labs transferred 380 million JASMY tokens worth $5.9 million to Binance in the last 24 hours.</p> 
<p style="text-align: justify">Meanwhile, data from Lookonchain revealed that DWF Labs had purchased 700 million JASMY worth $3.15 million from Gate.io in June 2023.</p> 
<p style="text-align: justify">Another notable aspect is that the massive transfer of JASMY to Binance did not have a negative impact on the recent price increase JASMY has been experiencing. During this period, derivative data also supported the mentioned uptrend.</p> 
<p style="text-align: justify">According to data from Coinglass, there was a significant increase of 63.68% in open interest for the token and a surprising surge of 97.27% in volume. This suggests an increase in market optimism for the token.</p> 
<h2 style="text-align: justify" id="what-is-the-current-price-of-jasmy">What is the Current Price of JASMY?</h2> 
<p style="text-align: justify">As of this writing, the JASMY price has experienced a 29% increase in the last 24 hours and is currently trading at $0.017228. The token also saw an incredible rise of 189.05% over the past week, reflecting JASMY’s recent performance.</p> 
<p style="text-align: justify">Additionally, the market value of the token increased by 29%, reaching $852.23 million. The trading volume for the last 24 hours also rose by 33%, amounting to $1.517 billion.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-318341" src="https://coin-turk.com/wp-content/uploads/2024/02/jasmy-coin-turk-com.png" alt="" width="1567" height="857"></p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/dwf-labs-invests-heavily-in-jasmy-token-impacting-market-dynamics/" data-wpel-link="internal">DWF Labs Invests Heavily in JASMY Token, Impacting Market Dynamics</a></h5>

DWF Labs Invests Heavily in JASMY Token, Impacting Market Dynamics

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