JasmyCoin Price Prediction: JASMY plunges 18% as experts say this Solana Meme coin could be the best cryptocurrency to buy right now.

adminFebruary 24, 2024

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The JasmyCoin price has plummeted 18% over the past 24 hours, trading at $0.015039 as of 6:15 AM ET.

Trading volume has also decreased by almost 50%, indicating that investors are turning their attention away from JASMY. Nonetheless, some analysts remain bullish on altcoins.

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JASMY could break its 520-day symmetrical range and potentially generate a 545% return soon, following an expected Elliott Wave impact.
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JasmyCoin price prediction

JasmyCoin price is facing resistance due to the 50% Fibonacci retracement level of $0.015734. This happens after being rejected at the $0.020000 psychological level. This may have something to do with JASMY being massively overbought with the Relative Strength Index (RSI) above 70. This could lead to a decline.

Since JasmyCoin price has broken through the upper Bollinger indicator, there is a high possibility of a decline. This often takes precedence over modifications. If that happens, the altcoin could see a correction towards the 23.6% Fibonacci level at $0.008961. In severe cases, the load shedding exercise could cause the altcoin to fall to the low $0.002726 range.

JasmyCoin

TradingView: JASMY/USDT 3-dau chart

On the other hand, increased buying pressure could push JasmyCoin price upwards beyond the $0.200000 psychological level. In a very optimistic case, profits could be estimated up to the top of the market range at $0.028562. Such a move would represent a 97% increase from current levels.

While JasmyCoin price is trading below the market mid-market, new Solana meme coin star Smog has surged 111% in the past week. And we are currently offering a 10% discount to early project participants. Analysts say it could be a 100-fold increase at launch.

A promising alternative to JasmyCoin

Smog is the latest Solana meme coin and analysts say it will benefit from its dragon theme. This is likely to appeal to Chinese investors as the Year of the Dragon begins. The assumptions are based on a shared dragon theme.

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— Fairview International School, Bridge of Allen (@FairviewBofA) February 23, 2024

Emerging as one of the most talked about meme coins of 2024 after its debut on the Jupiter DEX, Smog promises to be the mother of all airdrops. Smog is doing its best to surpass Solana’s landmark $700 million airdrop by JUP.

For this effort, the project has allocated 35% of its total token supply (1.4 billion tokens) for this purpose. Project participants can accumulate airdrop points by participating in Zealy campaigns.

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— Smog (@SMOGToken) February 8, 2024

This project is a new entrant into the meme coin market running on the Solana blockchain and has already entered the top 20 meme coin rankings by market capitalization.

Some analysts rate Smog as one of the best meme coins with the potential to earn exponential profits, while others say it is one of the best penny cryptocurrency investments. And right now you can buy and stake Smog with a 10% discount. But hurry and grab the deal before it ends.

Visit here to purchase Smog.