🚀 Epic Crypto Alert - 12/5/2024

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Epic Crypto Alert:

Japanese cryptocurrency JASMY is up 30% over the past 24 hours. Let’s dive in and learn more about this trending cryptocurrency.

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🤔 What is JASMY?

JasmyCoin (JASMY) is a Japanese cryptocurrency designed to empower users by giving them control over their personal data. Here's what you need to know:

• Purpose: Combines blockchain and Internet of Things (IoT) technologies to create a secure environment where users can manage and monetize their data.

• Nickname: Often referred to as "Japan's Bitcoin" due to its Japanese origin and ambition to democratize data.

• Compliance: First cryptocurrency registered with the Japanese Financial Services Agency, adhering to strict regulations.

• Partnerships: Collaborates with major Japanese companies like Sony and NTT DATA to enhance its platform.

• Token Details: Launched in 2021 as an ERC-20 token on the Ethereum blockchain, with a total supply of 50 billion tokens.

• Use Cases: Facilitates transactions on the Jasmy platform, rewards users for sharing data, and incentivizes developers to build within its ecosystem.

While JASMY is trending, it's important to note that its current price is a fraction of its 2021 peak of nearly $5. While some recovery is likely during this bull wave, reaching its previous all-time high seems improbable due to the significant dilution the coin has experienced in recent years.

Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.