Jasmy single-day pump exceeds 7%, is a market rebound signal starting to appear?

Question

On July 11, 2025, the Japanese internet of things blockchain project JasmyCoin (JASMY) recorded a strong rise of 7.36% in a single day, with the current price at $0.01315. Accompanying the rise is a surge in 24-hour Trading Volume, increasing by over 105.2%, with a daily trading volume reaching $52.47 million, and a market capitalization exceeding $650 million, ranking 96th in total market capitalization of encryption assets.

##What is JasmyCoin? JasmyCoin is a public chain project token launched by Jasmy Corporation, a Tokyo-based internet of things company, with team members mostly from former Sony executives. Jasmy is committed to building a personal data sovereignty platform based on IoT and Blockchain, aiming to enable users to securely and autonomously control, store, and trade the data they generate.

The Jasmy platform uses IPFS distributed storage technology, combined with edge computing architecture, to provide secure communication tools (SKC) and device verification modules (Smart Guardian). Users must go through an identity authentication process to activate their accounts and data permissions, and on this basis, achieve data management and authorized sharing.

The project token JASMY is the only currency on the platform, which users can use to purchase data services, trade data assets, or participate in platform governance.

##JasmyCoin The three possible factors for this round of rise Although Jasmy has not released any major positive announcements, the recent rise may be driven by the following market factors:

Technical patterns trigger short-term trading momentum According to the chart shared by the encryption analyst Ether Wiz, JASMY is forming an "expanding wedge" pattern on its daily chart. This pattern belongs to a bullish structure favored by technical analysts, which may have triggered short-term capital to enter for speculation.
The activity of funds has significantly increased. The doubling of the 24-hour Trading Volume reflects a rebound in market trading activity, showing a surge after recent consolidation, and is often seen as an early signal of trend reversal.
Community voting sentiment is optimistic According to CoinMarketCap data, up to 87% of users have a bullish outlook on JASMY, the highest level in the past few weeks, indicating that market confidence is gradually recovering.

##Can this round of rise be sustained? Three points need to be observed for trend reversal. Despite the strong rise of JASMY during the day, its price has still accumulated a decline of over 12% in the past month. Whether this round of increase can become the starting point for a trend reversal still depends on the confirmation of the following factors:

Can it break through and stabilize above 0.014 US dollars
Will there be substantial ecological updates or cooperation implemented?
Will the overall market continue to warm up, enhancing the overall Beta effect? In addition, the long-term issues faced by Jasmy include the pace of token release, the progress of ecological scenario implementation, and user growth bottlenecks. Investors still need to assess its long-term sustainability before participating.

##Conclusion The significant rise of JasmyCoin today injects an optimistic signal into the market, but whether it truly constitutes a turning point still requires further technical confirmation and alignment with fundamentals. As an IoT Blockchain project based on the vision of "data as assets", if Jasmy can continue to promote the implementation of its ecosystem, it is expected to secure a place in the data sovereignty arena.

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JASMY-0.23%

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