Solana

JasmyCoin Price Prediction: JASMY Soars 15% And An Insane 235% In A Month, But Can It Outperform This New Solana Meme Coin That’s Challenging Bonk ($BONK) and Myro ($MYRO)

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The JasmyCoin value surged 15% within the final 24 hours to trade at $0.01811 as of 05:06 a.m. EST on buying and selling quantity that rose 77% to $579 million.

This comes because the coin registered a 235% enhance within the final month, following an increase in person curiosity, and its itemizing on Guarda Pockets. 

Will the partnership assist drive the JASMY value even greater?

JasmyCoin Value Bullish, Breaks Above The Bullish Pennant

JASMYUSD Chart Evaluation Supply: Tradingview.com

The JasmyCoin value has been in a consolidation part from the start of this yr, buying and selling throughout the $0.006 vary. Nonetheless, the bulls appear to have gained the battle, pushing the value on an upward trajectory by means of a markup part.

Regardless of this, they confronted resistance at $0.0123, with the value barely retracing to the help stage round $0.010.

The JASMY bulls stay resilient, as they’ve already pushed the value past the higher boundary of the bullish pennant, proper earlier than a slight retrace. JASMY is at the moment buying and selling above each the 50-day and 200-day Easy Shifting Averages (SMAs), indicating that the value will soar even greater.

Moreover, the Relative Power Index (RSI) is transferring up from the 50-midline area to 65, which signifies an growing shopping for strain, because the optimism surrounding the token will increase.

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JASMY MACD

The Shifting Common Convergence Divergence (MACD) can also be bullish, because the transferring common line (blue) is crossing above the sign line (orange), signifying a bullish crossover. This crossover typically acts as an encouragement for the bulls so as to add extra buys, which may drive the value even greater.

Furthermore, the inexperienced bars on the histogram additional help the bullish sentiment as they lengthen on the higher aspect of the zero line, indicating the beginning of a bullish pattern.

JasmyCoin Value Prediction

The JasmyCoin value evaluation has a bullish bias, as the value trades inside a bullish pennant. Moreover, the 50-day SMA is buying and selling above the 200-day SMA, forming a golden cross at $0.00535. The bulls wish to make use of those elements to drive the value up, breaching the higher boundary of the pennant, aiming at $0.0246.

Nonetheless, if the bulls take cost of the value at this stage, they could drive the value by means of a retracement, which can land the value at $0.01265, coinciding according to the decrease boundary of the pennant.

Because the JASMY bulls depend good points from the previous month, others are searching for the subsequent huge meme coin sensation. Some analysts say that could be Solana-based Smog, a challenge that’s promising to unleash the mom of all airdrops.

Smog Poised To Be The Subsequent Huge Solana Meme Coin, 100X Beneficial properties

Smog, a brand new arrival on the Solana blockchain, goals to dominate Solana-based meme cash together with BONK, MYRO, and WIF, because it makes clear from its slogan: “One meme coin to rule all of them.”

The challenge is already gaining traction, garnering over 30,000 holders, and a market capitalization of $38 million.

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The challenge goals to high the $700 million JUP airdrop, with the crew allocating 35% of Smog’s 1.4 billion token provide for the upcoming airdrop, dubbed “the best in historical past.”

To qualify for the airdrop, the simplest method is to purchase and maintain Smog tokens in your pockets. Additionally, you possibly can undertake and full totally different duties managed by Zealy. There are over 10,000 airdrop members who’ve accomplished over 700,000 quests.

Purchase And Stake For 42% Annual Rewards

Smog has a staking protocol, the place you possibly can earn passively by staking your acquired $SMOG tokens for a powerful 42% annual share yield (APY).

In accordance with CryptoGains, a distinguished crypto analyst and YouTuber, Smog has the potential to 100X on launch.

You should buy the SMOG token on its official web site to be eligible for the historic airdrop quickly.

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