JasmyCoin Price Rises, Rumors of Collaboration with Apple Become a Trigger!

Bittime - JasmyCoin ($JASMY) price rose 56% in a week. This significant price increase was triggered by rumors of collaboration between JasmyCoin and technology giant Apple.

Crypto influencers and several mass media are busy reporting this. But unfortunately, many people exaggerate or even spread misinformation.

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How JasmyCoin and Apple Integration Rumors Started?

This rumor stems from a Reuters report that mentioned Apple's plans to integrate the Japanese "My Number" identity card into the iPhone. This plan was confirmed by Japanese officials. 

Also read: How to Get Free JasmyCoin (JASMY) Via Airdrop

The "My Number" card itself functions as a unified platform for tax and social security information, with the aim of increasing administrative efficiency. This announcement came after a video conference between the Japanese Prime Minister and Apple CEO, Tim Cook.

JasmyCoin technology itself has been integrated with the "My Number" identity card to increase security and transparency through blockchain technology. 

This then sparked speculation that JasmyCoin technology would also be integrated into the iPhone, so rumors of a major partnership between JasmyCoin and Apple spread. This is a classic example of information distortion or the “broken phone” effect.

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Although there was no direct cooperation, one Telegram user described the situation as "the closest indirect cooperation I have ever seen". This might be one of the reasons behind the $JASMY price spike.

Also read: JasmyCoin (JASMY) Breaks Bull Flag Pattern, Ready to Go to New Peak?

About JasmyCoin

According to JasmyCoin's official website and whitepaper, the company positions itself as a blockchain and IoT (Internet of Things) company. They focus on data storage and management. 

JasmyCoin's ambitious vision is to create a "Data Democracy". In this decentralized world, every individual owns and controls their own data. 

Jasmy platform users store their data in “digital lockers” that reside in distributed storage. Thus, users have complete control over the scope and duration of their data usage.

The JasmyCoin project is led by former Sony executives who leverage their extensive network in Asia, especially Japan, to establish collaboration. For example, last March, Jasmy announced a collaboration with Panasonic to launch the Web3 IoT Platform. 

Additionally, Jasmy's CFO recently revealed that they expect their decentralized personal data platform to be operational within the next three to six months. This development is the main focus of JasmyCoin's roadmap this year.

Token JASMY Teracam Delisting in Binance

However, amidst the price surge due to rumors and “indirect” cooperation, it is worth noting that $JASMY is currently within Binance's monitoring zone. This status indicates high volatility and risk. 

Tokens in this category are closely monitored and could potentially be delisted from Binance if they fail to meet the ongoing listing criteria.

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Thus, $JASMY holders may need to exercise caution. Although rumors of a collaboration with Apple are fueling enthusiasm, this token is also at risk of being delisted from Binance.

How to Buy JasmyCoin (JASMY) on Bittime

You can buy and sell JasmyCoin (JASMY) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

JasmyCoin (JASMY) is available on Bittime with the market pair JASMY/IDR. To be able to buy JASMY IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn the complete guide on how to buy JasmyCoin (JASMY) at Bittime. 

Monitor price chart movements of JasmyCoin (JASMY), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Read also:

JasmyCoin Soars 225%, Will the Positive Trend Continue?

JasmyCoin (JASMY) Breaks Bull Flag Pattern, Ready for New Tops?

Jasmy Coin Prediction, Optimistic Analysis of Reaching $0.05 If This Happens in June

JasmyCoin Price Increases Dramatically, Here's the Analysis and Reasons!

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.