The altcoin season index soared to 58 on Monday — its highest level in months — signaling a strong shift in momentum away from Bitcoin toward alternative cryptocurrencies. At the same time, the Crypto Fear & Greed Index $BTC $ETH $XRP moved into greed territory at 68, suggesting rising investor confidence and growing risk appetite.
One coin in particular is catching serious attention from whales and retail investors alike: JasmyCoin (JASMY) — often referred to as “Japan’s Bitcoin.”
🔍 Why JasmyCoin (JASMY) Deserves a Spot in Your Portfolio
📈 Whale Accumulation Is Accelerating
On-chain data shows a remarkable trend: whales now hold 6.93 million JASMY tokens, a 40% increase compared to just one month ago. This accumulation hints at growing confidence in JasmyCoin’s long-term potential among major holders.
🏦 Supply on Exchanges Is Shrinking
The supply of JASMY on exchanges has dropped by 6.4% in the past 30 days. This trend often precedes bullish price action, as coins move into long-term storage rather than trading accounts — reducing immediate selling pressure.
📊 Technical Breakout in Progress
JasmyCoin has recently surged above both its 50-day and 200-day moving averages, a clear sign of growing bullish momentum. Even more compelling, it’s now testing the key resistance at $0.021, its highest point since May 12.
If it breaks above this level, the next target could be the 50% Fibonacci retracement level at $0.033 — a potential 56% upside from current prices.
💡 What Makes JasmyCoin Unique?
Jasmy is a decentralized data protocol from Japan that gives users full control over their personal data — a concept growing in relevance as data privacy becomes a global concern. With strong ties to Japanese tech companies and a vision aligned with Web3 ideals, Jasmy is well-positioned to benefit from both technological and regulatory tailwinds in Asia.
📌 Final Thoughts: Is JasmyCoin the Next Big Play?
With altcoin season heating up and Bitcoin trading sideways, JasmyCoin stands out as one of the most technically and fundamentally attractive altcoins today. Whale activity, declining exchange supply, and a near breakout all point toward strong upward potential in the coming weeks.
📈 Ready to ride the altcoin wave?
👉 Add JasmyCoin (JASMY) to your watchlist — or consider a small position before the breakout accelerates.
🟢 Available on Binance now.
