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JasmyCoin

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<p>Jasmy price continued its recent recovery this week, making it one of the best-performing tokens in the crypto industry.</p>
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  <span>Summary</span>
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   <li>Jasmy price surged by double-digits this week.</li>
   <li>The supply of Jasmy tokens in exchanges has dived.</li>
   <li>However, it has formed a double-top pattern, pointing to a reversal.</li>
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<p>JasmyCoin (<a href="https://crypto.news/price/jasmycoin/" rel="noopener noreferrer nofollow">JASMY</a>), often dubbed Japan’s Bitcoin, rose by 11% on Friday. It was trading at $0.00917, up by nearly 70% from its lowest level in December.&nbsp;</p>
<p>Data compiled by CMC indicate that the volume increased by 15% over the last 24 hours to over $156 million. The soaring volume in the spot market also coincided with the performance in the derivatives market.&nbsp;</p>
<p>CoinGlass data shows that Jasmy’s futures open interest has been in a strong uptrend. It jumped to a high of $41.4 million, its highest level since Sep. 14 last year. It has soared sharply from the December low of less than $10 million.</p>
<p>There are signs that whales and retail traders have continued to accumulate JasmyCoin. Data compiled by Nansen shows that the top 100 holders have increased their positions by 92% in the last 90 days to over 41.59 billion.</p>
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<p>This trend has coincided with the ongoing exchange outflows. <a href="https://www.coinglass.com/currencies/JASMY" target="_blank" rel="noopener noreferrer nofollow">CoinGlass</a> data show that the supply of Jasmy on exchanges has declined from over 11.6 billion in January last year to a record low of 7.99 million.&nbsp;</p>
<p>The accumulation will likely continue after the Jasmy token was listed by Aster, a leading perpetual futures platform. Additionally, the developers have indicated major developments this year, including the launch of the Jasmy layer-2 mainnet and the expansion of the Base App platform.</p>
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   <p>Last year, thank you for all the incredible support. <br>In 2026, we’re aiming higher—launching Jasmy L2 mainnet, expanding the Base App, and accelerating PDL user growth.<br><br>Together with JANCTION ( <a href="https://twitter.com/JANCTION_Global?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@JANCTION_Global</a> , <a href="https://twitter.com/JanctionMGT_JP?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@JanctionMGT_JP</a> ), we’ll keep scaling the Jasmy ecosystem—more… <a rel="noopener noreferrer nofollow" href="https://t.co/tJ0wHbjBQv">pic.twitter.com/tJ0wHbjBQv</a></p>— Jasmy Global Official Account (@Jasmy_Global) <a href="https://twitter.com/Jasmy_Global/status/2008500905428271568?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">January 6, 2026</a>
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<h2 class="wp-block-heading" id="jasmy-price-forms-double-top-pattern">Jasmy price forms double-top pattern&nbsp;</h2>
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  JasmyCoin price chart | Source: <a href="https://crypto.news/price/jasmycoin/" rel="noopener noreferrer nofollow">crypto.news</a>
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<p>The daily chart shows that technicals contributed to the Jasmy price rebound. It formed a double-bottom pattern at $0.0056 and a neckline at $0.0066.&nbsp;</p>
<p>The coin also formed a falling wedge pattern, characterized by two descending, converging trendlines. It has now moved above the 50-day and 100-day moving averages, which is a positive sign.</p>
<p>However, the token has formed a double-top pattern at $0.010 and a neckline at $0.0081. Therefore, there is a risk that the coin will have a strong bearish breakout in the near term. If this happens, the initial target will be the neckline at $0.00815.&nbsp;</p>
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Jasmy price soars: Here’s why it may crash soon

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