Why JasmyCoin (JASMY) at $0.10 Might Be the Best Crypto Bet You Haven't Made Yet

The JASMY price is among cryptos that are recovering well from recent market downturns. JasmyCoin pumped 28% this week and is now trading well above the $0.10 range

The price of JasmyCoin (JASMY) is among the cryptos that are recovering best from recent market weakness. The coin, which is used for a project that is offering individuals more control over their personal data, pumped 28% this week and is now trading well above the $0.10 range, at around $0.13.

The coin’s recovery comes as several crypto tokens are struggling to maintain recent gains. Bitcoin price, for instance, dropped by 3% to trade at around $70,000 while Ethereum fell to trade at around $6,000.

Several factors might be contributing to the recovery of JasmyCoin price. For instance, the coin has been the subject of several discussions on social media.

Popular YouTuber Matthew Perry, who has 238k subscribers, posted a video about the coin that went viral. In the video, Matt discusses his strategy for approaching the market timing and long-term strategy with JasmyCoin, which he says he bought at $0.004 and saw rise to $0.06.

"Now I’ve been buying this coin since 0.004 and I saw this thing peak out at 0.06. I’m not going to lie I thought oh my god we're going to hit 0.1 but we're going to get there slowly but surely and I'm going to be able to sell at the top. But to be honest with you I don't think we're going to see a peak at 0.1 I think we're going to see much higher highs than that and I'm going to be able to sell at the top but not yet and I'm going to explain why."

He says that he wasn't expecting to see JasmyCoin drop to $0.011 but that it doesn't really bother him. He says that these price drops are giving him better entry prices for his trades and that he is using this opportunity to buy more of the coin.

"I'm still holding my bags. I'm not panicking at all. People are thinking that I'm a gambler but I'm not playing in Vegas here. I'm investing for the long term and I need to be able to take the good with the bad. I'm going to keep buying this dip and I'm not going to sell at a loss."

He says that he is going to keep holding the coin and that he will be able to sell it when it reaches his price target. He also says that he is not worried about the fact that JasmyCoin has not yet seen an altcoin season.

"I think we're still going to see a huge pump in altcoins and I think JasmyCoin could go much higher than that. But even if it doesn't I'm still going to be able to make a profit on this coin."

Discussing the project itself, he highlights how it is offering a data privacy utility token, which is a segment of the market that is seeing increasing interest as more and more people become concerned about how their personal data is being used.

"I think this project has a lot of potential and I'm going to be able to make a good return on my investment."

Highlighting what makes the project stand out, he mentions the executive backing it has secured, which includes former Sony Corporation leadership, such as the ex-CEO, former CFO, and former COO and President.

"I think that speaks volumes about the project and the potential that it has to succeed. People with such high reputations wouldn't want to be involved in something that is shady or risky."

He adds that the experience of the team with a global technology leader like Sony suggests that they understand both business operations and technological innovation, which could be crucial for the success of the project in the long term.

"I'm really impressed with the team behind this project and I think it shows promise. It's no surprise that the project has been able to secure funding from several institutions and venture capitalists."

Sharing his personal investment history with the token, he says that he bought the coin at $0.004 and saw it climb to $0.06, which saw his investment multiply significantly.

"I know a lot of people told me to sell at the top but I didn't. I think this project has a lot more potential and I'm going to be able to sell at a higher price later on."

He says that he is going to keep holding the coin and that he will be able to sell it when it reaches his price target. He also says that he is not worried about the fact that the coin, which is available on major exchanges like Binance, Coinbase, and BTCC, where traders can use leverage options for higher-risk trades, has not yet seen an altcoin season.

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