Gate News Bot Message, January 09. According to CoinMarketCap data, at the time of press, JASMY (JasmyCoin) is trading at $0.01, up 12.43% in the past 24 hours, reaching a high of $0.01 and a low of $0.01. Its current market capitalization is approximately $470 million, an increase of $52 million compared to yesterday.
Jasmy Incorporated was established in April 2016 and is headquartered in Tokyo, Japan. It is a company focused on Internet of Things (IoT) platforms and solutions. The company is led by CEO Kunitake Ando, a former executive at Sony, and includes several senior management personnel such as the former president of Sony Digital Network Applications.
Jasmy has obtained international information security certifications ISO/IEC 27001:2022 / JIS Q 27001:2023 and Privacy Mark certification. The company specializes in blockchain technology development, maintenance and operation of IT service platforms, and IoT device information solution services, committed to providing secure and reliable technical infrastructure for the IoT field.
Market Drivers Analysis
Recent key market performance of JASMY:
1️⃣ Japanese Ecosystem Project Gains Market Focus
As a blockchain project with a Japanese background, JASMY has benefited from increased investor attention to Japanese-related assets in the recent crypto market. There is widespread interest in tokens driven by Japanese subculture memes, which has led to capital inflows into the entire Japanese ecosystem sector. JASMY, as a project with actual business foundations within this ecosystem, has become a key target for attracting long-term investors.
2️⃣ Continuous Strong Rise Boosts Market Participation
From a 24-hour increase of 24.29% on January 07 to the current 12.43%, JASMY demonstrates sustained upward momentum. During this period, the 24-hour trading volume once reached a high of $227 million, reflecting ongoing active market participation. The steady expansion of market cap (up $52 million in 24 hours) indicates that this rally is accompanied by a simultaneous increase in investor recognition, rather than just a technical rebound.
3️⃣ Breakthrough of Psychological Price Level Provides Technical Support
Recently, JASMY successfully touched and maintained near the $0.01 mark, a key psychological resistance level. Breaking through this level often becomes an important technical support point. The current price stability suggests that this psychological level has evolved into a new support base, continuously attracting buy-in from momentum traders and supporting the price to operate at a higher level.
It should be noted that although the upward trend driven by positive market sentiment reflects investor optimism, the high volatility characteristic of the crypto market still exists. Investors should be aware of potential profit-taking pressures and short-term correction risks.
This message is not investment advice. Please be cautious of market volatility when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
PEPE Holds Tight Range as Bearish Pressure Limits Upside
Key Insights:
PEPE trades within a narrow consolidation range as sellers maintain control, while repeated resistance rejections prevent any sustained bullish momentum in the market.
Fibonacci resistance zones continue to cap upside potential, with multiple barriers aligning alongside
CryptoNewsLand17m ago
Shiba Inu Defies Bearish Setup as Short Squeeze Lifts Price
Key Insights
Shiba Inu price surged despite bearish death cross signals as short liquidations intensified, driving a rapid upward move during low liquidity conditions.
A dragonfly doji and tightening Bollinger Bands supported bullish momentum, reinforcing a reversal pattern after sustained d
CryptoNewsLand21m ago
Solana Recovery Gains Pace While Derivatives Data Shows Split Sentiment
Key Insights
Solana records four consecutive days of gains as funding rates rise, signaling stronger retail interest while overall market conviction remains divided across participants.
Declining futures Open interest alongside rising funding rates highlights reduced trader exposure,
CryptoNewsLand1h ago
Solana Eyes $90 as Volume Surge Fuels Short-Term Rally
Key Insights:
The Solana price rebounded from recent lows near $80 as trading volume surged sharply, signaling renewed participation and stronger short-term market momentum.
A golden cross on lower time frames reinforced bullish sentiment, with technical indicators suggesting continued
CryptoNewsLand1h ago
ETH 15-minute drop of 0.69%: Price pressure from declining burn volume and short-term capital arbitrage
2026-04-09 18:00 to 2026-04-09 18:15 (UTC), ETH closed down 0.69% within a 0.88% intraday trading range, with the price fluctuating between 2203.91 and 2223.58 USDT. Trading volume in this range rose slightly, market attention stayed high, but short-term volatility increased, prompting investor caution.
The main drivers behind this unusual move are that ETH on-chain Gas fees have fallen to historical lows, causing the EIP-1559 burn amount to decline. As a result, the net-supply contraction effect weakened, and the supply-demand structure faced adjustment pressure in the short term. Meanwhile,
GateNews1h ago
BTC drops 0.62% over 15 minutes: exchange net inflows intensify and short-term arbitrage converges to trigger volatility
From 18:00 to 18:15 on April 9, 2026 (UTC), the BTC price return recorded -0.62%, closing in the range of 71857.8 to 72375.1 USDT, with a trading range of 0.72%. Market attention was notably elevated, volatility intensified, and capital moved quickly within a short period. Overall market sentiment has become more cautious, and investors’ willingness to trade in the short term has increased.
The main driving force behind this abnormal move is an increase in net inflows to BTC exchanges during the anomaly window; the 10-minute net flow reached 755.92 BTC, indicating that some investors chose to transfer funds to exchanges to seek arbitrage opportunities in the midst of the volatility issue
GateNews1h ago
