- Bitcoin maintains its bullish position just short of the $100,000 target.
- Instead, altcoins have begun to pump and analysts are eyeing JASMY.
- JASMY price could pull a 174x pump this bull cycle.
Bitcoin (BTC) has been trading between $95,000 and $99,000 following its recent all-time high (ATH) of $99,655. Market sentiment remains firmly in the ‘Extreme Greed’ zone, reflecting strong anticipation for Bitcoin to hit its first six-figure milestone of $100,000 in the days ahead.
While BTC inches closer to this historic achievement, altcoins are experiencing a significant surge in activity. After a prolonged wait during this bull cycle, prominent altcoins such as ADA, XLM, XRP, VET, and VTHO have seen remarkable price increases since Bitcoin reached its latest ATH.
Long-Time Bullish Altcoins Pump, JASMY Next?
Thus, analysts expect these established altcoins to sustain their upward momentum while also monitoring newer altcoins for potential breakout performances. To highlight, one such altcoin catching the yes of seasoned analysts and long-time traders in the crypto market is the altcoin known as the Bitcoin of Japan, JasmyCoin (JASMY).
How Much Will JASMY Pump This Bull Cycle?
As we can see from the post above, this analyst highlights how after over a month of monitoring the highly potent altcoin, JASMY price continues to progress well and seems to be on its way back to the $0.45 target. A target well ahead of JASMY’s current price of $0.02 based on CoinMarketCap data.
Meanwhile, another popular analyst, added to the JASMY bullish sentiment. As we can see from the post above, JASMY price could pull a 174x to hit a much higher target of $4.478 in the coming altseason rally. Indeed, times ahead look exciting and incredibly bullish for JASMY holders, but will this play and when?
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.