<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/significant-investment-by-dwf-labs-boosts-jasmy-tokens-market-performance" rel="noopener noreferrer nofollow">Significant Investment by DWF Labs Boosts JASMY Token’s Market Performance</a><br></p>
<p style="text-align: justify">A significant investment decision by DWF Labs, a prominent market maker, resulted in an impressive 40% increase in the value of the <a href="https://en.bitcoinhaber.net/ftx-creditors-anticipate-repayment-as-claim-prices-surge" rel="noopener noreferrer nofollow">cryptocurrency</a> JASMY within a 24-hour period. This action involved a considerable transfer of the ERC-20 based tokens to Binance, one of the top global crypto exchanges, sparking considerable interest and speculation among investors and enthusiasts in the digital asset market.</p>
<h2 id="behind-the-bullish-trend-of-jasmy">Behind the Bullish Trend of JASMY</h2>
<p style="text-align: justify">The momentum gained by JASMY is not only due to the investment activity but also the relaxed regulatory environment in Japan, hinting at a bright future for the token in the Japanese market. The significant inflow of JASMY into Binance coincided with an overall uptick in market liquidity and derivative data reflecting a bullish sentiment. The transfer by DWF Labs involved 380 million JASMY tokens valued at $5.9 million, underscoring the scale of the transaction.</p>
<p style="text-align: justify">Additionally, DWF Labs had previously acquired 700 million JASMY tokens from another exchange, Gate.io, in June 2023, further demonstrating the firm’s commitment to the digital asset. Interestingly, this large-scale movement of tokens to Binance has not dampened the token’s upward price trajectory, indicating strong market support.</p>
<p style="text-align: justify">Market indicators from Coinglass show a 63.68% rise in open interest in JASMY and a 97.27% spike in trading volume, suggesting an optimistic outlook for the token among investors.</p>
<h2 id="jasmy-s-market-valuation-and-recent-surge">JASMY’s Market Valuation and Recent Surge</h2>
<p style="text-align: justify">At the time of reporting, JASMY saw a 29% price hike over the last day, trading at $0.017228. The token’s market value has climbed to $852.23 million, with a 29% increase in market cap and a 33% rise in 24-hour trading volume, reaching $1.517 billion, reflecting its sustained positive momentum in the market.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/significant-investment-by-dwf-labs-boosts-jasmy-tokens-market-performance" rel="noopener noreferrer nofollow">Significant Investment by DWF Labs Boosts JASMY Token’s Market Performance</a></h5>

Significant Investment by DWF Labs Boosts JASMY Token’s Market Performance

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