JasmyCoin Surges 18% in a Week – Next Crypto to Explode?
JasmyCoin ($JASMY) has surged a massive 18% over the past week, trading at $0.032060 with a 24-hour volume of $262 million.
This marks its highest level since January 9, pushing it to #68 on CoinMarketCap with a market cap of $1.58 billion. While it dipped slightly by 3.79% in the last 24 hours, JasmyCoin’s upward trend remains strong.
This rally aligns with gains across mid-cap tokens like SPX6900, Raydium, and Litecoin, fueled by the Federal Reserve’s decision to hold interest rates steady—boosting market optimism.
Factors Fueling JasmyCoin’s Growth
Several key factors have contributed to JasmyCoin’s rapid ascent:
- Rising Open Interest: According to CoinGlass, JasmyCoin’s futures open interest climbed to $53 million, its highest since mid-January. This signals increased investor confidence and speculative activity.
- Decreasing Exchange Reserves: On-chain data shows a decline in $JASMY held on exchanges, dropping to 16.45 billion tokens—a 1% decrease from the previous week. This suggests accumulation by long-term holders. When tokens are moved off exchanges, it often means holders are transferring them to private wallets for long-term storage.
- Positive Technical Breakout: Analysts, including notable traders like Christian Carpy Cox, highlight a confirmed trendline breakout, reinforcing expectations of continued bullish momentum.
JasmyCoin’s underlying value comes from its role within the DePIN project, focusing on data democratization through blockchain. This unique proposition continues to attract both institutional and retail investors.#JASMY (Update)
— Christian Carpy Cox (@christiancarpy) February 1, 2025
Trend Line Upside breakout has been Confirmed & Retest is Complete in 10h Timeframe...
Now Expecting bullish Rally📈
Join our telegram community ⬇️ https://t.co/VhIjQM67ZA pic.twitter.com/OtFpByjw1m
New Market Opportunities with High Potential
JasmyCoin’s 18% weekly gain reflects strong market interest despite broader fluctuations. This momentum is driven by increasing open interest, declining exchange reserves, and notable technical movements. JasmyCoin is not the only project showing potential. Opportunities are abundant in the crypto arena. Getting in early on the right projects is what makes the difference. Investing in presales can help you get ahead of the masses. We’ve selected two high-potential projects for you.
Solaxy ($SOLX): Solana’s First Layer 2 Solution
Solaxy ($SOLX) is making waves as Solana’s first-ever Layer 2 scaling solution, designed to tackle network congestion and significantly reduce transaction fees. Having raised $16.55 million in its presale and with a strong community of over 65,000 X followers, Solaxy is capturing the attention of early investors looking to capitalize on a major development within Solana’s ecosystem.
https://x.com/SOLAXYTOKEN/status/1884687231497216180
Built for efficiency, Solaxy boosts scalability and supports seamless cross-chain interoperability, connecting effortlessly with Ethereum and other major blockchains. This not only lowers costs but also makes it an attractive option for DeFi applications, meme coins, and high-frequency trading platforms. For those seeking passive income, Solaxy offers impressive staking rewards of up to 235% APY. Currently, nearly 4.9 billion $SOLX tokens are staked, highlighting growing investor demand.
The presale is now in its final phase, with $SOLX priced at 0.001622. As the next price increase nears, this could be the last opportunity to secure tokens at the current rate.
MIND of Pepe: AI-Powered Trading with $MIND
MIND of Pepe ($MIND) is transforming crypto trading through advanced AI-driven insights, real-time trend analysis, and predictive algorithms. Unlike conventional trading bots, it is an autonomous AI system that continuously adapts to market sentiment and social media trends. This evolving strategy helps traders stay ahead of the curve and make more informed decisions.
The project has already secured over 4.54 million in funding and is nearing its next milestone of 5.1 million. With tokens priced at 0.0032273, $MIND offers a compelling opportunity for investors seeking exposure to AI-driven trading innovations.I̷n̷f̴i̷n̶i̷t̶e̸. $MIND pic.twitter.com/iuT3sohEyJ
— MIND of Pepe (@MINDofPepe) January 31, 2025
In addition to its smart trading capabilities, $MIND provides attractive staking rewards with an impressive 491% APY. More than 712 million $MIND tokens are staked, reflecting strong investor confidence in the project’s long-term growth potential.
This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or assume responsibility for the content presented, which is not part of BNC’s editorial. Investing in crypto assets involves significant risk, including the potential loss of principal, and readers are strongly encouraged to conduct their own due diligence before engaging with any company or product mentioned. Brave New Coin disclaims any liability for any damages or losses arising from reliance on the content provided in this article.
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