Will Jasmy Hit $1? Jasmy coin is rallying as Nvidia plans to set up AI infrastructure in Japan. Meanwhile, despite the JASMY price gains, all eyes are on the WienerAI presale.
Bitcoin, Ethereum, and top altcoins like Solana have been on a yo-yo. Although traders are upbeat, expecting a refreshing recovery in the months ahead, the market has offered mixed signals.
Looking at Bitcoin, the coin is steady above $66,000 but remains bullish despite recent losses. Ethereum also shot higher over the weekend but is unable to break $3,700.
Meanwhile, the new meme coin host, Solana, is firm but trending below the all-important $200.
$JASMY to $0.06 by end of July IF it respects the wedge ⛽ pic.twitter.com/qLNgld6d9C
— 𝒯𝒽𝑒 𝒞𝒶𝓃𝒹𝓁𝑒 𝒲𝒾𝒸𝓀🕯️ (@Fresh_Fontana) June 16, 2024
Of all altcoins, Jasmy (JASMY) is the surprising market leader, bucking the trend and registering impressive gains. However, as JASMY flies, analysts are tracking another project, Wiener AI (WAI), thanks to its viral and successful presale.
Deep-Dive: Why Is JASMY Price Rallying?
Jasmy coin, described as Japan’s Bitcoin, is on an uptrend, adding +4% on the last day but up over +715% in six months from January lows.
(JASMY)
Though cooling off when writing, the token is rallying, surpassing market expectations primarily because of its use case.
As a DePIN platform, the rising demand for such services in Japan is pushing JASMY higher. The network offers data storage and management solutions.
Additionally, there are unconfirmed rumors that the project could partner with Nvidia and Ripple. Although the Nvidia deal could be slim, there is no discounting a pact with Ripple, a blockchain company that has been expanding its footprints in Japan.
So, will Jasmy hit $1? The answer depends strongly on fundamentals.
DISCOVER: The Best Altcoins to Buy in June 2024
WienerAI Presale Goes ViraL: Is This The Next Big Player?
While Jasmy takes over in Japan, investors are flocking to the WienerAI presale.
Describing itself as a “meme coin with a brain,” the platform stands out because it aims to link the viral meme coin culture with the powers of AI.
By enabling AI, for example, Nvidia has risen to be a top technology firm globally.
WienerAI wants to ride on the AI wave and has been successful in doing so.
In the ongoing WienerAI presale, over $5.8 million has been raised.
WAI, the native token, is available at a mega discount of $0.000719.
The platform offers a trading bot that analyzes and suggests real-time trading opportunities based on customized criteria.
The same bot can also seamlessly executive traders across multiple DEXes, such as Uniswap, Raydium, or PancakeSwap, at the best possible prices with minimum slippages and zero fees.
Powered by the Sausage Army, analysts believe WAI can easily 100X once it lists on top exchanges like Binance, outperforming meme coins like WIF and following the success of top AI projects like Nvidia.
EXPLORE: Donald Trump Pushes Plan to End US Income Tax, Introducing New Tariff System
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
