Traders are beginning to take notice of JasmyCoin (JASMY), as recent upgrades and speculation create a foundation for potential price increases.
Major Upgrades and Utility Expansion
Jasmy's tech stack has evolved. The project already includes Personal Data Lockers and a Secure Knowledge Communicator, using IPFS for decentralized storage. New developments like the JANCTION platform combine staking and decentralized exchange, expanding the real-world use cases for JASMY token.
Reduced Selling Pressure from Staking
Jasmy has introduced staking, allowing users to lock up tokens to earn rewards. This could lower the amount of JASMY available on the open market, particularly significant as nearly 99% of the total supply is in circulation.
Partnerships and Real-World Use Cases
Jasmy has already partnered with companies like Panasonic and VAIO. Rumors are circulating about new partnerships with local Japanese governments and sports associations, which could lead to real applications of the JASMY token in smart city projects or identity management.
Considering the strategic upgrades, increasing interest in staking, and active partnerships, JasmyCoin could be on the verge of significant price growth.
