Rising speculation over Japan launching a possible stablecoin for the Japanese Yen (JPYD) draws the attention of the JASMY community. JasmyCoin, known as the Bitcoin of Japan, could gain massive traction if JPYD were to launch.
As we can see from the post above, the post talks about what the impact of a Japanese stablecoin would do. Specifically, this user says that a JPYD and JASMY relationship would reflect that of USDT and Ethereum.
All in all, the JASMY community is in awe at the possibilities that would open if this rumour could in fact come true. The entry of JPYD could dramatically influence JASMY’s position in the global economic arena.
Meanwhile, price analysts are noticing bullish trends in the JASMY charts. It seems like the stablecoin news is seeping into the chart action for JASMY price. So far, the JASMY team has expressed their expectation for JASMY price to hit $17 by 2026.
In response to this, analysts share their thoughts on the matter saying that this bullish expectation is not hard to achieve for JASMY. In fact, one user shares how this goal is a realistic reach for the asset.
Also adding to the bullish sentiment is how many analysts believe that JASMY bottom has been hit and a major price reversal could play out very soon for JASMY price. Another analyst shares JASMY price chart and charts out the next higher lows and higher highs that JASMY will likely hit soon.
Lastly, a very bullish sign for JASMY is the fact that a popular crypto trader known for his accurate crypto market price predictions has bought JASMY. Having shared his buy signal for the asset when altcoins hit the bottom JASMY is gaining more popularity amongst seasoned traders.
#Trump’s push for the U.S. as a #cryptoleader and #Bitcoinreserve sparks #Bitcoinsurge, with the GOP’s…
Eclipse launches, uniting Ethereum and Solana for faster, cheaper transactions with 60+ DApps! Backed by…
#Cardano surpasses #Tron in total market cap, ranking 9 on the top 10 largest #cryptos…
Galaxy Digital explores AI shift at its Helios facility to tackle Bitcoin mining challenges and…
TRON DAO launches TRON-Peg USD Coin, enabling secure cross-chain USDC transfers with real-time transparency and…
#Qubetics' quantum-resistant security, Binance's ecosystem, #Polkadot's interoperability, and #Stellar's cross-border finance shine as top #cryptos…