Could Bitcoin’s Recent Surge Benefit Altcoins Like JasmyCoin?

adminApril 6, 2024

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The upcoming Bitcoin halving has raised expectations of a potential cryptocurrency bull market, motivating investors to actively seek out promising altcoins like JasmyCoin.

JasmyCoin (JASMY) pioneers the digital currency concept focused on Internet of Things (IoT) solutions. This innovative platform combines IoT technology and blockchain to create a secure space where users have full control over their data.

JASMY aims to transform the way people utilize their personal information by emphasizing data autonomy and empowering users. Reimagine the data exchange environment, prioritizing facilitating secure and direct exchange between IoT devices and distributed systems.

In its core strategy, JASMY leverages edge computing and InterPlanetary File System (IPFS) storage solutions to decentralize data management. This not only ensures user privacy and ownership, but also addresses important modern-day issues such as data security and fraud.

JASMY price prediction

The video above details JasmyCoin (JASMY), a promising cryptocurrency with a market cap approaching $1 billion and trading at $0.019. But before we delve deeper, let’s acknowledge the current market leader: Bitcoin (BTC).

Bitcoin is currently trending positively, up 2% over the last 24 hours, but is facing resistance that could halt or even reverse its rise. These potential obstacles to Bitcoin raise the question: Will JasmyCoin blaze its own path, or will it follow Bitcoin’s lead?

JasmyCoin itself boasts an impressive past performance, having previously surged 350%. It is also widely available on major exchanges and has room to grow in trading volume, with a current market capitalization of $48.3 million.

JASMY price graph

JasmyCoin’s presence on major exchanges such as Binance, Crypto.com, and Coinbase is attracting the attention of traders looking for a promising altcoin with easy access and high liquidity. Technical analysis can be used to evaluate potential price movements, but it is important to remember that JasmyCoin, like most altcoins, is still subject to broader market forces.

As a leading cryptocurrency, Bitcoin often sways market sentiment, influencing the trajectory of altcoins. Upcoming events, such as the Bitcoin halving in about two weeks, add further complexity.

Some expect the price of Bitcoin to surge, potentially causing JasmyCoin to rise as well. However, others remain cautious considering the possibility of post-halving corrections that could affect the price of JasmyCoin.

JASMY Alternative – New Presale Coin Coming Soon

Dogecoin20 (DOGE20), a popular new meme coin, hit more than $10 million in cryptocurrency presales last March, hitting its goal amid the meme coin craze for the first quarter of 2024. With a few tokens remaining before Uniswap’s IEO, the $DOGE20 team chose April 20, 2024 as the token claim date as a nod to Dogecoin enthusiasts around the world.

For those who missed the event #Ticketing, We would like to provide the last opportunity to participate before launch through the ‘Last Purchase Opportunity’ stage. 💡
Why April 20th? It’s more than just a date. It is a celebration of Doge culture and community.
— Dogecoin20 (@DOGE_COIN20) March 26, 2024

Dubbed “Doge Day,” this date is a massive Doge culture and community bash honoring Dogecoin’s hilarious origins and the famous 420 meme. On this day, Dogecoin supporters gather together to crack jokes, share memes, and cheer on their meme coin champions.

Dogecoin20 hopes to capture the Doge spirit and community vibe with the timing of today’s launch. Dogecoin20 (DOGE20) is an ERC-20 token that aims to be an improved version of Dogecoin with better features and a new staking system for passive income.

Unlike Dogecoin, $DOGE20 uses an environmentally friendly proof-of-stake consensus method, addressing concerns about the environmental impact of traditional mining. The staking smart contract distributes tokens across all stakers over two years, providing ongoing passive income opportunities for the community.

According to the $DOGE20 site, the current staking rewards are over 50% APY. Specifically, 15% of the total $DOGE20 supply will be allocated as staking rewards, and 12.5% will be distributed to reward community members in the first year. This setup aims to encourage long-term retention and community engagement.

$DOGE20 aims to solve Dogecoin’s inflation problems with a supply of up to 140 billion tokens. Tokenomics distributes funds as follows: 25% pre-sale, 25% marketing, 25% finance, 15% staking rewards, and 10% DEX liquidity.

To accommodate latecomers, the team announced a ‘Last Opportunity to Buy’ phase, offering limited opportunities to participate before the tokens reach exchanges. Check out our $DOGE20 price prediction to get insight into its future value.

The current price of $DOGE20 is $0.00022, and it can be purchased with ETH, USDT or fiat on the project website before the launch date. For comprehensive instructions on how to purchase $DOGE20, please see our detailed guide.

SMOG – Meme Coin with Rewards