What are all about JasmyCoin as trading volume surges and price pumps?

• JasmyCoin increased by more than 9% on Monday,

• The protocol announced that it will release Metaverse 2.0 this month.

• JASMY met resistance for $ 0.01.

JasmyCoin JASMY / USD is a utility token for the Ethereum blockchain. Coins are native to the Jasmy platform. The blockchain network allows individuals to manage their personal data in a “data locker”. Then they can share it with an entity that is willing to pay for it.

JasmyCoin was talking about a retailer on Monday. Tokens surged nearly 10% in 24 hours. Trading volumes surged by more than 220% over the same period. At the time of writing, JASMY was trading at $ 0.01. Nevertheless, the price when it opened on February 10, 2021 is well below $ 1.25.

JASMY’s profits are related to the announcement made on June 29th. According to the protocol, Metaverse 2.0 was scheduled to be released on July 15th. According to the network, the release contains two important updates. The first is the person’s block ID and the second is the Browse Jasmy Metaverse. Jasmy said Metaverse supports DeFi and NFT. It also includes GameFi, SocialFi, IoT, an innovative ecosystem, and new collaboration models.

JASMY was trapped in $ 0.01 resistance in a 24-hour profit

Source TradingView

Technically, JASMY has encountered resistance at $ 0.01 after a rise in the last 24 hours. Prices are in overbought areas due to the surge in trading volume. However, in line with the bullish movement, moving averages have joined the support. JASMY can be low after meeting resistance. Once the price returns to the moving average, investors are advised to buy in the short term. JasmyCoin needs to clear $ 0.01 in order to move up to the next resistance at $ 0.012.

Overview

Jasmy has announced that it will release Metaverse 2.0 on July 15th. Tokens surged 9% on Monday. Prices can reach resistance and fall.