Gate News Bot Message, January 7th, according to CoinMarketCap data, as of press time, JASMY (JasmyCoin) is trading at $0.00944018, up 24.29% in the past 24 hours, with a high of $0.01006285 and a low of $0.00545329. The 24-hour trading volume reached $227 million. The current market capitalization is approximately $467 million, an increase of $91.2 million compared to yesterday.
Jasmy is a Japanese company founded in April 2016, dedicated to providing platforms and solutions for the Internet of Things (IoT) sector. The company is led by CEO Kunwei Ando, former President and COO of Sony Corporation, with a strong team background from Sony. Jasmy has obtained international security certifications such as ISO/IEC 27001:2022 and JIS Q 27001:2023. Its business scope includes the development, maintenance, and operation of IT service platforms utilizing blockchain technology, as well as providing IoT device information solution services, and engaging in the design and development of IoT devices.
Market Drivers Analysis
Recent important news about JASMY:
1️⃣ Price Breaks Key Psychological Resistance Level
During this rally, JASMY reached a high of $0.01006285, approaching the $0.01 mark. Breaking this psychological price point often becomes a significant technical support and resistance turning point, attracting a large influx of buy-in funds and boosting trading activity. The 24-hour trading volume of $227 million indicates a significant increase in market participation.
2️⃣ Market Cap Steadily Expanding Reflects Market Confidence
The market cap increased by $91.2 million to $467 million within 24 hours, with the growth rate matching the price increase, indicating that this is not just a price fluctuation but also a sign of rising overall market recognition. This synchronized growth in market cap suggests increasing investor confidence in JASMY’s long-term value.
3️⃣ Strong Uptrend with High Volatility Risks
The price retraced more than 46% from its peak, falling to $0.00545329, indicating significant short-term volatility. This reflects heightened market attention to JASMY and also warns investors to be cautious of potential profit-taking pressures.
This message is not investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Oil Prices Stabilize, Supporting Risk Asset Rally! Wintermute: Bitcoin Rebounds Above $70,000 Reflecting Cooling Geopolitical Risk Premium
Cryptocurrency market maker Wintermute points out that Bitcoin's return to the $70,000 level is due to easing tensions in the Middle East, which has led to a decline in crude oil prices and reduced geopolitical risks. Market concerns about inflation and supply disruptions have eased, with capital flowing toward risk assets. If oil prices remain stable, it could improve Bitcoin's performance; if they rise again, it could suppress Bitcoin's price.
区块客50m ago
Bitcoin steadies above $71,000 as oil falls below $100 after U.S. drafts 15‑point Iran peace plan
The essay discusses a 15-point peace plan aimed at resolving the U.S.-Israel-Iran conflict, reflecting positive market responses like a stable Bitcoin price. It also highlights fluctuating oil prices and their potential impact on inflation and financial markets, emphasizing uncertainty about the plan's effectiveness.
CoinDesk52m ago
How Cryptocurrency ETFs Impact the Market? Identifying Market Trends through ETF Trends in Weak Market Conditions
By 2026, the crypto ETF market has shifted from a regulatory story to an indicator for observing institutional capital flows and Bitcoin price resilience. As the market matures, active strategies will become the new trend, with ETFs no longer serving merely as tools for capital inflows, but as a means for risk allocation. ETF capital flows have become a real-time barometer of market sentiment, with continuous inflows or outflows reflecting shifts in risk appetite. Understanding ETF functionality lies in confirming market structure rather than predicting price, particularly in weak markets where inflows demonstrate underlying demand.
区块客55m ago
Bitcoin ETF Ends Seven-Day Rally, Bitcoin Price Pressure Resurfaces
Recently, U.S. Bitcoin spot ETFs experienced significant outflows after consecutive seven trading days of net inflows, with net outflows of $163.5 million on the 18th and an additional $51.9 million on the 19th, indicating simultaneous weakening of market capital and prices. Bitcoin prices temporarily broke below $70,000, highlighting that ETF capital flows can no longer support its rebound, while deteriorating macroeconomic conditions have created pressure on risk assets, causing investor preference to noticeably contract. The test of the $70,000 level has become a barometer of short-term market sentiment.
区块客1h ago
Conflicting Ceasefire Signals Between US and Iran! Analysts: Iran's Next Move Will Determine Bitcoin's Direction
The United States is pushing for a ceasefire agreement with Iran, but Iranian media denies there are negotiations. These contradictory messages triggered market volatility, with stocks briefly rising, oil prices falling, and Bitcoin rebounding. Analysts point out that Iran's refusal of peace talks helps maintain its influence, market expectations of easing tensions or continued tensions will directly impact Bitcoin's price, and the future direction of the situation still requires monitoring of subsequent diplomatic developments.
MarketWhisper1h ago
XRP price compression zone approaches critical level, $1.42 becomes the key dividing line between bullish and bearish sentiment
XRP price oscillates around $1.41, entering a convergence zone in the short term. Whale accumulation signals capital positioning, but the macro environment constrains market sentiment. Technically, a break above $1.42 would point toward $1.45 to $1.50; a drop below $1.38 could trigger a pullback to $1.30. The market is watching key levels to determine the subsequent trend.
GateNews1h ago
