Ethereum

JasmyCoin

Momentum

Arweave

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/jasmycoin-sees-significant-price-increase/" data-wpel-link="internal">JasmyCoin Sees Significant Price Increase</a><br></p>
<p style="text-align: justify">JasmyCoin (<strong>JASMY</strong>), a decentralized data storage coin, rose by 13% in the last 24 hours and 32% over the past week, marking a significant price increase. This surge is largely attributed to the approval of spot Ethereum ETFs. Positive <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">news</a> surrounding Ethereum, the leading altcoin in the crypto world, created a ripple effect benefiting related cryptocurrencies like JasmyCoin.</p> 
<h2 style="text-align: justify" id="jasmycoin-jasmy-gains-upward-momentum">JasmyCoin (JASMY) Gains Upward Momentum</h2> 
<p style="text-align: justify">Often referred to as the “Japanese Bitcoin,” <strong>JasmyCoin</strong> offers an on-chain data storage solution designed to give users more control and autonomy over their personal data. With a feature called Personal Data Locker (PDL), individuals can securely store their data and choose to share it with <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">companies</a> willing to pay for it.</p> 
<p style="text-align: justify">This approach not only aims to protect data privacy but also creates a marketplace where data can be securely exchanged between consenting parties.</p> 
<p style="text-align: justify">In the broader context of the data storage coin market, JasmyCoin’s recent performance stood out. While many top-tier data storage coins experienced significant declines, with Arweave dropping by 17%, JasmyCoin managed to maintain an upward trajectory. Similarly, Ethereum, benefiting from the ETF news, rose by 26% over the past week, marking a significant increase.</p> 
<h2 style="text-align: justify" id="price-movement-over-the-last-3-months">Price Movement Over the Last 3 Months</h2> 
<p style="text-align: justify">JasmyCoin’s price history over the last three months has stabilized between $0.016 and $0.025. Despite dropping to $0.015 earlier this month, the cryptocurrency JASMY generally found support just above this level. Recently, whale activity pushed the price close to $0.03, leading to an overbought condition indicated by a relative strength index (<strong>RSI</strong>) value above 80.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-356223 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/JASMYUSDT_2024-05-27_15-51-40.png" alt="" width="1815" height="798"></p> 
<p style="text-align: justify">Following this surge, a wave of selling brought the RSI value down to 47, placing it back in a healthy range but indicating potential short-term volatility.</p> 
<p style="text-align: justify">JasmyCoin’s rally highlights the potential of <strong>Blockchain</strong> technology in data storage, while other sectors in the <a href="https://en.coin-turk.com/coinbase-the-largest-bitcoin-holder-with-25-billion-reserves/" data-wpel-link="internal">crypto market</a> also draw attention. At the time of writing, the cryptocurrency JASMY is trading at $0.025. There has been a slight decline in price.</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/jasmycoin-sees-significant-price-increase/" data-wpel-link="internal">JasmyCoin Sees Significant Price Increase</a></h5>

JasmyCoin Sees Significant Price Increase

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