[ccpw id="5"]

front pageToday's NewsJasmy Coin Price Prediction JASMY plummets 5% to become the biggest loser of the new P2E DOGE ICO approaching $5 million Is it the next 100x cryptocurrency?

Jasmy Coin Price Prediction JASMY plummets 5% to become the biggest loser of the new P2E DOGE ICO approaching $5 million Is it the next 100x cryptocurrency?

-

JasmyCoin price has dropped 5% in the past 24 hours, trading at $0.031 per coin, and trading volume has dropped 18% to $166.9 million as of 4 a.m. EST.
The project recently announced a new campaign for JasmyCoin holders on DeGate, a DEX powered by ZK rollups.
According to the decentralized exchange’s post, the event revolves around an airdrop where holders who hold JASMY in their DeGate balance can earn USDC with an annual return of up to 11,00%.
Exciting news!
An event has started on DeGate, a DEX powered by zero-knowledge Rollup, for Jasmy holders!
Learn more now
@JanctionMGT
@HARA_JasmyCFO
$Jasmy
@DeGateDex
https://t.co/SLVaaeSjdC
— Jasmy-MGT (@JasmyMGT)
June 14, 2024
Despite the exciting news for the project and its token holders, the price of JASMY has retraced 13% within a week after a brief surge.
Currently, the token’s price seems to have found strong and stable support at $0.030, although there doesn’t seem to be strength to bounce back. Even so, a strong rally across the market could turn the tide for JASMY.
JasmyCoin Price Prediction
JasmyCoin has seen a sharp drop in the few days between June 17 and today. However, as is often the case, a sharp correction in price often leads to a new rise during a rebound.
While JASMY could see a price rally in the coming hours and even days, multiple technical indicators suggest that its recovery is likely to be rather modest, if at all.
For example, the coin’s Bollinger Bands have narrowed significantly over the past 12 hours, coming closer together than at any point in the past few days. This is a bearish signal and does not indicate a strong recovery is imminent.


The coin’s Relative Strength Index (RSI) value dropped to the oversold zone about 24 hours ago and has since returned to the neutral zone and even approached the overbought zone, while the price recovery has been very mild, as shown in the above chart.
With the RSI so close to overbought territory and price barely reacting to this performance, it is reasonable to assume that JASMY should not expect a rapid rise in the short-term future.
As mentioned above, a broader market rally could allow the coin to break free of its own limitations and start behaving in a more bullish manner, assuming such a rally occurs. However, the crypto market is in very weak volatility at the beginning of the summer and may remain relatively inactive over the next few months, which is supported by historical data.
For JASMY, this means that the token will likely remain between the $0.030 support and $0.033 resistance levels, although this could still be affected by underlying fundamental factors.
Promising Alternatives to JasmyCoin
While JasmyCoin appears to have struggled recently, there are more promising alternatives for investors looking for good opportunities. One example is the popular new meme coin PlayDoge (PLAY), which has a mobile P2E game and raised $4.8 million in just three weeks.
PlayDoge brings the iconic Doge meme to life as a virtual pet in the style of Tamagotchi. Older readers will remember that Tamagotchi was a popular toy from the 1990s that conquered the world in record time.
The PlayDoge game allows users to have their own 2D digital pet, inspired by the Doge meme. They must feed, play with and train it regularly, and in return, their pet will allow them to complete mini-games and earn PLAY tokens as rewards.
In other words, the project combines gaming, memecoins, and the Play-To-Earn (P2E) model. All three have been gaining traction over the past few years, and this trend is expected to continue in the coming decades.
New Highest Score✅
We just hit $4.5 million in $PLAY#Presale!
Grab some $PLAY now at this price.
The next price increase is coming soon! ⏳
Buy Now - Link in Profile!
#PlayDoge
#MemeCoin
#P2E
#BNB
#ETH
pic.twitter.com/2Xx72kB8kG
— PlayDoge (@PlayDogeGame)
June 17, 2024
Many experts are excited about the coin’s potential, including YouTube channel Cryptonews, which speculates that it could be a 100x project.
PLAY tokens are currently available for only $0.00511. If you want to participate, you should buy them in less than three days.
Purchase PLAY tokens on the official website using ETH, USDT, BNB, or a credit/debit card.
Related articles:
How to Buy PlayDoge- $PLAY Pre-Sale Review
Why PlayDoge Might Be the Best Play-to-Earn Token Right Now - New 10x Crypto Presale
Is PlayDoge’s Play-to-Earn and Memecoin Fusion a Contender for the Next 10x Cryptocurrency?
PlayDoge (PLAY) - The latest launch on the BNB chain
Rating


2D Virtual Doge Pet
Herding Fusion Meme Coin
Staking and In-Game Token Rewards
SolidProof Audit - playdoge.io


Join Pre-sale
Join our Telegram channel to get the latest news coverage

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Information Recommendation

How to buy Frog with a Hat - the next high potential meme coin?

As the memecoin craze continues to evolve, a new competitor has emerged whose mascot is a frog wearing a beret: Frog Wif Hat Token (FWIF). The project dives into the evolving memecoin space and aims to attract cryptocurrency enthusiasts and meme lovers...

2月22日今日加密货币最大赢家-币安币、Akash网络、Casper、AIOZ网络

今日的加密货币市场上涨最多的项目展示了丰富的创新和潜力。BNB以其不断扩大的生态系统和惊人的5.90%涨幅令人炫目。Akash Network以其具有颠覆性的云解决方案和过去一年惊人的659%涨幅吸引...

UK tax office seeks tools to track cryptocurrency tax evaders

英国的税务机构—“女王陛下的税务和海关总署”(HMRC)已向寻求帮助遏制加密货币相关逃税的承包商敞开大门。 上周,税务机构的网络犯罪团队发布了一份价值10万英镑(约合13.1万美元)的公开合同,要求提...

Ethereum and Bitcoin Price Prediction: Top Analyst Says Unique Configuration Will Drive ETH and BTC to New All-Time Highs, But Can This Surging Bitcoin Derivative Outstrip This?

The prices of Bitcoin and Ethereum have risen over the past 24 hours, with Bitcoin up 0.54% to $43,159 and Ethereum up 1.05% to $2,324 as of 05:42 AM EST...

Follow us

0FansLike
3,888FollowersFollow
0SubscribersSubscribe

Latest News

en_GBEnglish