Here’s Why JasmyCoin (JASMY) Price Has Been Pumping

JASMY has been on a solid run lately. Over the past week, it’s climbed as much as 63.36%, and just today alone, it’s up another 15.27%. Trading volume has jumped 71% too, catching the eye of traders across the market. At writing, JASMY price trades at $0.01621.

With all this price action, prominent analyst Crypto Millie decided to break it all down in a new video for his 21.5K YouTube subscribers, diving into what’s really behind the surge. He touched on everything from technical indicators to market trends, and even Jasmy’s connection to AI and big data.

In the video, Millie stressed the importance of patience, especially when it comes to spotting strong entry points. For him, it’s all about looking at the weekly chart. He pointed to the Stock RSI and his go-to indicator, the Ultimate RSI from Lux Algo. According to Millie, the last time JasmyCoin saw an Ultimate RSI cross, the price took off, jumping nearly 12x. That kind of setup, he says, could happen again if the signals line up.

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His approach isn’t focused on quick trades. Instead, he watches for RSI levels to move above 20 and waits for clear confirmation before jumping in. And it’s not just JasmyCoin price he’s watching. Millie made it clear that Ethereum plays a huge role in where Jasmy goes next, calling ETH “the final boss” that needs to break out first for altcoins like JASMY to run.

Ethereum Correlation and Broader Market Trends

The analyst pointed to Ethereum’s influence on JASMY’s price behavior. According to Millie, if ETH experiences a rally, JasmyCoin could follow with a 50–100% increase. He stressed that a strong weekly RSI confirmation on Ethereum is needed before altcoins like JASMY can sustain major gains.

Beyond individual tokens, macroeconomic trends are playing a role in shaping sentiment. Millie referenced the current global money supply expansion (M2), a temporary tariff pause, and signs of monetary easing. These factors may contribute to a bullish setup across risk-on assets, including altcoins like JASMY.

Big Data Focus and JASMY Value Proposition

Millie explained that his investment thesis centers around the $519 billion big data market projected by 2033. JASMY positioning as a data-focused utility token with roots in IoT and privacy aligns with that sector. Led by former Sony executives, Jasmy aims to provide data sovereignty through tools like Personal Data Lockers and Secure Knowledge Communicators.

He estimates that if JasmyCoin captures even $50 billion of that market, the token could reach $1. He also pointed to the growing demand for large datasets from AI and machine learning systems, which reinforces the utility angle of the project.

JasmyCoin Sentiment, Risks, and Community Strength

While the recent surge in JASMY price has generated optimism, Crypto Millie acknowledged risks including price volatility, strong competition from projects like IOTA and IoTeX, and JASMY listing under Binance’s monitoring zone. He noted that a previous price dip was likely linked to a token unlock event.

Still, he sees strong community engagement around JASMY, comparing its online presence to meme coins despite its utility-driven focus. According to Millie, this type of sentiment often leads to what he calls “hate rallies,” where widely doubted projects bounce sharply. His final message called for positivity and warned bears not to be dismissive of success.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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