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Is It Too Late to Buy Jasmy Coin? Jasmy Price Surges 52% Amid $4.4 Million AI Coin Raise

Tim Hakki
Last updated: | 2 min read

The price of decentralized data storage coin JasmyCoin ($JASMY) has pumped 52% in the last seven days to trade at $0.03897. The rally was catalyzed by investor speculation that the crypto company had partnered with Apple’s iPhone.

The rumors have since been clarified as false. At the root of the confusion was an assumption that Apple’s recent announcement that it will be integrating Japan’s ID card system into its iPhones was connected to JasmyCoin, a decentralized on-chain personal data storage solution.

Billed as “Japanese Bitcoin” $JASMY gives people greater control and autonomy over their personal data by storing it in something called a Personal Data Locker (PDL). If they choose to, they can share this data with companies willing to pay for it.

This model aims to securitize data storage and minimize leaks while also facilitating data dissemination and use between consenting counterparties.

JasmyCoin’s Recent Price Action

$JASMY’s recent performance means it easily pips all other top dePIN coins by market capitalization, however nearest rival Arweave blew up 20% over the week.

By contrast, crypto market leader Bitcoin ($BTC) grew a more muted 2.9% overnight and 4.4% over the week to trade at $70,919.

$JASMY’s price chart shows a two-part rally that began on May 23 when the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering $JASMY’s native blockchain.

This news helped the token rally above its $0.025 resistance level (indicated by the vertical red line), but the Apple rumors on May 30 then sent the price skyward above $0.04.

Source: TradingView

Jasmy may have found a new resistance level here. A stable relative strength index (RSI) of 48 and falling indicates things could go either way, but Jasmycoin’s price rally appears to be losing steam after the Apple rumors were clarified.

It has grown 2.4% in the last 24 hours and is likely to go back to tracking Bitcoin’s price soon.

As $JASMY Price Rallies, AI Meme Coin WienerAI Hits $3 Million

$JASMY’s bullish price action is a testament to its status as one of several projects unlocking blockchain’s dizzying plethora of uses.

However, personal data storage is not exactly Web3’s buzziest sector. Crypto investors who want to ride more explosive rallies can diversify their holdings with meme coins, or AI coins, both of which could potentially explode in the coming months.

A new generation of coins like ScottytheAI and WienerAI are combining the viral appeal of memes with the utility goldmine of artificial intelligence and attracting millions.

On the surface, WienerAI looks like another dog-themed meme coin, but it’s much more than that.

It’s a next-generation crypto project that utilizes viral marketing strategies in order to bring crypto fans a high-value proposition: the most advanced beginner-friendly AI trading bot in crypto.

The presale is only a month old, and it has already taken a tidy $4.5 million in investments.

Touted as a “Revolutionary AI Trading partner”, WienerAI ($WAI) is a digital companion that gives its owners user-friendly AI-enhanced trading advice, seamless swap functionality and zero fees.

Blockchain security platform Coinsult audited WienerAI’s smart contract.

Around 20% of $WAI’s supply is for staking.

WienerAI’s website offers buyers the ability to stake during the presale, in order to take advantage of the lucrative yield, which is currently 242% APY.

Stay on top of WienerAI news over on X and Telegram.

Join the presale now over on the WienerAI website.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.