With TON having secured a spot above Cardano (ADA) in CoinMarketCap’s list of top 10 largest cryptos based on market cap, the question arises, what other altcoin could flip Cardano (ADA) this crypto bull cycle?
Read CRYPTONEWSLAND onA top contender according to recent token performance is JasmyCoin (JASMY) also known as the Bitcoin of Japan. JASMY has seen an impressive growth in the last month alone mostly inspired by its latest collaboration announcement pertaining to Apple.
In detail, JasmyCoin technology is integrated with Japan’s My Number Card, a digital ID feature. The feature will be integrated onto Apple iPhones starting next Spring which means JASMY technology will soon be present in Apple products.
Indeed, this bullish news fuels an entirely new bullish sentiment in the JASMY and crypto community which was almost immediately reflected on the JASMY price. Within an hour of the announcement JASMY price shot up by 20% and 40% within a day. The asset has now gone up by almost 100% over the last 30 days.
Similar price action has not been seen for ADA over the entirety of the last year. Cardano (ADA) set an ATH at $3.1 last crypto cycle and sentiments for a new ADA ATH prevails but is not as enthusiastic as that of JASMY beating its previous ATH of $4.99.
The Apple partnership set net ATH expectation for JASMY at $5 to $10. The leaders of the project see JASMY price hitting $17 by 2026. While ADA holders and the ADA team are patiently waiting for a price surge as the blockchain continues to build, momentum for the asset seems to have slowed down.
https://x.com/JASMY45725535/status/1798134074038784393
Furthermore, the price of JASMY is currently at $0.03 at a market cap of $1,910,307,690. In comparison, the price of ADA is at $0.46 with a market cap of $16,439,984,214 according to CoinMarketCap analytics. This means JASMY has a very high possibility of flipping ADA this crypto bull cycle fueling bullish sentiment for JASMY price all along.
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Roadtown, British Virgin Islands, 2nd July 2024, Chainwire