JasmyCoin

Fusion

Zero

DeGate

The JasmyCoin price slid 5% in the last 24 hours to trade at <a href="https://coinmarketcap.com/currencies/jasmy/" rel="noopener noreferrer nofollow">$0.031</a> as of 4 a.m. EST on trading volume that slumped 18% to $166.9 million.
The project recently announced a new campaign on DeGate, a DEX powered by ZK rollups, for JasmyCoin holders.
According to the decentralized exchange’s post, the campaign revolves around an airdrop where those who hold JASMY in their DeGate balance could earn USDC, with an annual return of up to 1,100%.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Exciting news! 🎉
 A campaign has launched on <a href="https://twitter.com/hashtag/DeGate?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#DeGate</a>, the DEX powered by Zero Knowledge rollup, for <a href="https://twitter.com/hashtag/Jasmy?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Jasmy</a> holders! 🚀
 Dive into the details now👇<a href="https://twitter.com/JanctionMGT?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@JanctionMGT</a> <a href="https://twitter.com/HARA_JasmyCFO?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@HARA_JasmyCFO</a> <a href="https://twitter.com/search?q=%24Jasmy&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Jasmy</a> <a href="https://twitter.com/DeGateDex?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@DeGateDex</a> <a href="https://t.co/SLVaaeSjdC" rel="noopener noreferrer nofollow">https://t.co/SLVaaeSjdC</a>
 — Jasmy-MGT (@JasmyMGT) <a href="https://twitter.com/JasmyMGT/status/1801507923111383323?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 14, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
While exciting news for the project and its token holders, JASMY’s price saw only a brief surge before correcting 13% on a weekly basis.
For now, the token’s price has seemingly found a strong and stable support at $0.030, although it does not seem to have the strength to bounce back up. Even so, a solid market-wide surge could potentially turn the situation around for JASMY.
<h2 id="jasmycoin-price-prediction">JasmyCoin Price Prediction</h2>
JasmyCoin has seen a sharp price drop between June 17 and today, June 20. However, sharp corrections are typically followed by new surges as the price bounces back up, especially during the bullish periods.
While JASMY could see a price increase over the next several hours and possibly even days, multiple technical indicators suggest that its recovery is likely to be quite mild, if it comes at all.
For example, the token’s Bollinger bands have narrowed quite strongly over the last 12 hours, getting closer together than at any other point during the last several days. This is a bearish signal that does not suggest a strong upcoming recovery.
<img decoding="async" class="aligncenter size-full wp-image-538120" src="https://insidebitcoins.com/wp-content/uploads/2024/06/JasmyCoin-Price-Prediction.png" alt="JasmyCoin Price Prediction" width="1794" height="903" srcset="https://insidebitcoins.com/wp-content/uploads/2024/06/JasmyCoin-Price-Prediction.png 1794w, https://insidebitcoins.com/wp-content/uploads/2024/06/JasmyCoin-Price-Prediction-300x151.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/06/JasmyCoin-Price-Prediction-1024x515.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/06/JasmyCoin-Price-Prediction-768x387.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/06/JasmyCoin-Price-Prediction-1536x773.png 1536w" sizes="(max-width: 1794px) 100vw, 1794px">
The token’s Relative Strength Index (RSI) value dropped to the oversold zone about 24 hours ago, and since then, it has returned to the neutral zone and even went up close to the overbought area, while the price saw a very mild recovery, as can be seen on the chart above.
With the RSI so close to the overbought zone and the price barely reacting to this performance, it is reasonable to assume that now rapid surges should be expected in JASMY’s short-term future.
As mentioned, a wider market surge could allow the token to bypass its own limitations and start behaving in a more bullish way, assuming that such a surge will take place. However, the crypto market is seeing very mild fluctuations that are typical for an early summer and is likely to remain relatively dormant over the next few months, which is supported by historical data.
For JASMY, this likely means that the token will remain between a support at $0.030 and a resistance at $0.033, although this could still be changed by potential fundamental factors.
<h2 id="a-promising-alternative-to-jasmycoin">A Promising Alternative to JasmyCoin</h2>
While JasmyCoin seems to have hit a rough patch lately, there are much more promising alternatives for investors looking for good opportunities. One example is <a href="https://insidebitcoins.com/visit/playdoge" rel="noopener noreferrer nofollow">PlayDoge (PLAY),</a> a popular new meme coin with a mobile P2E game that’s raised over $4.8 million in a little more than three weeks.
PlayDoge brings the iconic Doge meme to life as a Tamagotchi-style virtual pet. Older readers will remember that Tamagotchi is a popular toy from the ‘90s, which conquered the world in record time.
The PlayDoge game allows users to get their own 2D digital pet inspired by the Doge meme. They have to regularly feed it, play with it, and train it, and in return their pet would let them complete mini-games and earn PLAY tokens as a reward.
In other words, the project combines gaming, meme coins, and the Play-To-Earn (P2E) model. All three have seen surges in popularity in recent years, and that’s expected to continue over the next decade.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 New High Score ✅
 We've just blasted through $4.5M in the <a href="https://twitter.com/search?q=%24PLAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PLAY</a> <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a>! 🚀
 Get your hands on some <a href="https://twitter.com/search?q=%24PLAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PLAY</a> at this price while you can. 🤩
 The next price increase is coming very soon!⏳🔥
 BUY NOW – Link in Bio!<a href="https://twitter.com/hashtag/PlayDoge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PlayDoge</a> <a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/P2E?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#P2E</a> <a href="https://twitter.com/hashtag/BNB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BNB</a> <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ETH</a> <a href="https://t.co/2Xx72kB8kG" rel="noopener noreferrer nofollow">pic.twitter.com/2Xx72kB8kG</a>
 — PlayDoge (@PlayDogeGame) <a href="https://twitter.com/PlayDogeGame/status/1802645154735513621?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 17, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Many experts are excited about the token’s potential, including YouTube channel Cryptonews, which speculated that this could be a 100X project.
<iframe title="ONLY 1 DAY LEFT ON THIS PRESALE!!! 5m RAISED! 1000X!!" width="640" height="360" src="https://www.youtube.com/embed/L_9qYV96WZg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
The PLAY token currently sells for only $0.00511. If you want to join, buy before a price hike in less than three days.
<a href="https://insidebitcoins.com/visit/playdoge" rel="noopener noreferrer nofollow">Buy PLAY tokens on the official website here</a> with ETH, USDT, BNB, or a credit/debit card.
<h3 id="related-articles">Related Articles:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-playdoge" rel="noopener noreferrer nofollow">How to Buy PlayDoge – $PLAY Presale Review</a></li>
 <li><a href="https://insidebitcoins.com/news/why-playdoge-could-be-the-best-play-to-earn-token-to-invest-in-now-new-10x-crypto-presale" rel="noopener noreferrer nofollow">Why PlayDoge Could Be the Best Play-to-Earn Token to Invest in Now – New 10X Crypto Presale</a></li>
 <li><a href="https://insidebitcoins.com/news/is-the-fusion-of-play-to-earn-and-meme-coin-in-playdoge-the-next-10x-crypto-contender" rel="noopener noreferrer nofollow">Is the Fusion of Play-to-Earn and Meme Coin in PlayDoge the Next 10X Crypto Contender?</a></li>
</ul>

JasmyCoin Price Prediction: JASMY Is Biggest Loser With 5% Slump As This New P2E DOGE ICO Nears $5M – Next 100x Crypto?

Table of Contents

Inside Bitcoins

Other articles published on Jun 20, 2024

WEEX Exchange Unveils Zero-Fee Trading: A Game Changer for Crypto Enthusiasts

Which ETF is Next, Solana or Chainlink?

The Reason for the Decline in the Cryptocurrency Market May Have Been Revealed: CryptoQuant Expla...

Kenya drops Worldcoin probe — ‘No further police action’

LayerZero Foundation Announces Airdrop Event for ZRO Token

Next Crypto to Boom: Best New Cryptocurrencies to Buy Now! Feat. ButtChain Kaspa, Stellar, & Others!

Join our free newsletter for daily crypto updates!