Can Bitcoin's Recent Rise Benefit Altcoins Like JasmyCoin?

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The upcoming bitcoin halving is generating excitement for a potential cryptocurrency bull market, motivating investors to actively pursue promising altcoins like JasmyCoin.

JasmyCoin (JASMY) is pioneering a digital currency concept focused on Internet of Things (IoT) solutions. This innovative platform fuses IoT technology with blockchain to establish a secure space where users completely control their data.

By emphasizing data autonomy and empowering users, JASMY aims to revolutionize the way people interact with their personal information. It prioritizes facilitating direct and secure exchanges between IoT devices and decentralized systems, reshaping the data sharing landscape.

In its core strategy, JASMY decentralizes data management by utilizing edge computing and IPFS (InterPlanetary File System) storage solutions. This not only ensures user privacy and ownership, but also addresses important modern issues such as data security and fraud.

JASMY Price Prediction

The video above delves into JasmyCoin (JASMY), an up-and-coming cryptocurrency trading at $0.019 with a market cap close to $1 billion. However, before delving deeper, acknowledge the current market leader, bitcoin (btc).

bitcoin is currently experiencing a positive trend, up 2% in the last 24 hours, but is facing resistance that could halt or even reverse its gains. This potential hurdle for bitcoin raises the question: Will JasmyCoin forge its own path or follow bitcoin's lead?

JasmyCoin itself boasts impressive past performance, having previously surged by 350%. It is also widely available on major exchanges, with room for its trading volume to grow, currently at $48.3 million compared to its market capitalization.

JasmyCoin's presence on major exchanges such as Binance, crypto.com, and Coinbase makes it easily accessible and liquid, attracting traders looking for promising altcoins. While technical analysis can be used to evaluate potential price movements, it is important to remember that JasmyCoin, like most altcoins, is still influenced by broader market forces.

bitcoin, the leading cryptocurrency, often dictates market sentiment, which affects the trajectories of altcoins. Upcoming events like the bitcoin halving, in about two weeks, add another layer of complexity.

Some anticipate an increase in the price of bitcoin, which could push JasmyCoin up as well. However, others remain cautious, considering the possibility of post-halving corrections that could impact JasmyCoin price.

JASMY Alternative – New Pre-Sale Coin Launching Soon

Hot new meme coin Dogecoin20 (DOGE20) netted over $10 million in its cryptocurrency pre-sale last March, hitting its target during the meme coin craze of Q1 2024. With a few tokens left before its IEO On Uniswap, the $DOGE20 team chose April 20, 2024 as the token claim day, a nod to Dogecoin lovers around the world.

For those who missed the twitter.com/hashtag/Presale?src=hash&ref_src=twsrc%5Etfw”>#Presale, we're offering one last chance to participate before launch with our 'Last Chance to Buy' stage.

Why April 20? It's more than just a quote; is a celebration of Doge culture and community.

—Dogecoin20 (@DOGE_COIN20) twitter.com/DOGE_COIN20/status/1772679069148020742?ref_src=twsrc%5Etfw”>March 26, 2024

Called “Doge Day”, this date is a large Doge community and cultural holiday, paying homage to the funny origins of Dogecoin and the famous 420 meme. On this day, Dogecoin supporters come together, make jokes, share memes and cheer. to the meme coin champion.

By timing its launch with this day, Dogecoin20 hopes to capture the spirit of Doge and the community atmosphere. Dogecoin20 (DOGE20) is an ERC-20 token that aims to be an improved version of Dogecoin, with better features and a new staking system for passive income.

Unlike Dogecoin, $DOGE20 uses an eco-friendly proof-of-stake consensus method, which addresses concerns about the environmental impact of traditional mining. The staking smart contract distributes tokens to all participants for two years, offering ongoing passive income opportunities for the community.

According to the $DOGE20 site, the current staking rewards are over 50% APY. Specifically, 15% of the total $DOGE20 supply goes towards staking rewards, and 12.5% is distributed during the first year to reward community members. This setup aims to encourage community participation and long-term tenure.

$DOGE20 aims to address Dogecoin's inflation issue with a maximum supply of 140 billion tokens. Its tokenomics distributes funds as follows: 25% for presales, 25% for marketing, 25% for treasury, 15% for staking rewards, and 10% for DEX liquidity.

To accommodate newcomers, the team announced a “Last Chance to Buy” stage, which offers a limited chance to join before the token hits exchanges. Check out our $DOGE20 price prediction to learn about its future value.

The current price of $DOGE20 is $0.00022, available for purchase on the project website before launch day with eth, USDT or fiat currency. For complete instructions on how to buy $DOGE20, check out our detailed guide.

Smog (SMOG) – Meme Coin with Rewards