JASMY Soars 20% After Apple Collaboration: Can It Hit $1 by End of the Year 2024?

 

In a remarkable turn of events, the price of JASMY has skyrocketed by over 20% in the past 24 hours and more than 60% over the last two weeks. This bullish momentum follows the announcement of a significant collaboration with Apple, leveraging Japan’s My Number Card integration with iPhones set for next Spring.

The Bullish Spike in JASMY Price

JasmyCoin (JASMY) experienced a notable surge in its price chart, largely attributed to the partnership news. Japan’s My Number Card, a crucial identification tool, will be integrated into iPhones, bringing JASMY’s technology into the Apple ecosystem. This collaboration has sparked a massive breakthrough, propelling JASMY past key resistance levels.

Community and Market Reactions

The crypto community has reacted positively to the news, with many drawing parallels to the early days of other successful cryptocurrencies. For instance, there are reminiscences of Cardano (ADA) when it was priced at $0.03 before its significant rise to $3.10. Enthusiasts are optimistic that JASMY could follow a similar trajectory.

The recent price movement saw JASMY breaking a bullish flag pattern on the daily chart, a key indicator of continued upward momentum. The price has surged from $0.026 to $0.031, a substantial increase driven by the Apple partnership announcement.

Market Metrics and Predictions

Currently, JASMY is up by over 21% in the last 24 hours, boasting a market cap of $1,542,906,357 and a 24-hour trading volume of $508,065,487. The trading volume alone has surged by 270%, underscoring the bullish sentiment surrounding the coin.

According to CoinMarketCap analytics, the price of JASMY is expected to continue its upward trend. The lack of negative divergence in the charts suggests a strong bullish pattern, and analysts predict that JASMY could soon break past the $0.04 mark.

Potential for Future Growth

Before the Apple partnership announcement, some traders predicted JASMY could reach $5, given its previous all-time high of $4.99. With the new collaboration and the dynamic shifts in the crypto market, expectations are being reevaluated. Some even speculate that JASMY could soar to $10 or higher, especially given the coin’s nearly 60% increase in the past two weeks alone.

Conclusion

JASMY’s recent performance highlights the potential for significant growth in the coming months. The partnership with Apple and the integration of Japan’s My Number Card into iPhones provide a strong foundation for further price increases. With unwavering support from its active community and bullish market metrics, JASMY is well-positioned for continued success.

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