In a bold prediction, renowned market analyst Javon Marks has projected a possible 10X surge for JasmyCoin (JASMY) cryptocurrency, setting a target price of $0.2785. Known for his precise technical insights, Marks highlights that the JASMY token has already climbed a decisive 654% since breaking out of a prolonged descending wedge—a bullish reversal pattern—indicating a significant shift from a bearish phase to a robust upward trend.
With strong support levels in place, the setup points to a possible 870% increase from current price levels, reinforcing the likelihood of hitting the ambitious $0.2785 target.
“With this setup’s target at $0.2785, a near 10X in an over 870% run to meet it can be on the way,” Marks stated, emphasizing the sustained strength of the trend.
While the trend remains decisively bullish, caution reminds investors to monitor consolidation phases and key supports for risk management. Should the cryptocurrency reach its target, it could solidify its position as one of 2025’s top-performing altcoins.
JasmyCoin Network Growth Validates Bullish Outlook
Recent on-chain data further supports Javon Marks’ bullish JasmyCoin (JASMY) prediction. According to detailed IntoTheBlock metrics, the network has demonstrated consistent growth, which underpins the ongoing bullish narrative.
As of January 2025, the total number of JASMY cryptocurrency addresses stands at a 30-day average of 83.34K, with a 30-day high of 85.03K and a low of 82.07K. This steady growth in total addresses highlights increasing user adoption and participation in the token’s ecosystem.
Additionally, addresses with a balance continue to rise, reflecting increased holdings among investors. Daily activity metrics reveal even more compelling data:
- New Addresses: Increased by 71.68% over the past 7 days, signaling growing interest from new investors.
- Active Addresses: Up by 61.19%, showing heightened engagement from existing users.
- Zero-Balance Addresses: Gained 36.12%, indicating a reactivation of previously dormant wallets.
- Current Price: JASMY trades at $0.031377, showing strong recovery and alignment with the growing on-chain activity.
These metrics point to a robust foundation for Marks’ prediction of a 10X surge in the token’s price, targeting $0.2785.
JASMY Current Price Action
According to the latest data from CoinMarketCap, the JASMY token currently trades at $0.02562, reflecting a 12.05% drop over the past 24 hours. Alongside this price decline, JasmyCoin’s market capitalization has decreased to $1.28 million, while its 24-hour trading volume has fallen by 18% to $163.44 million, signaling reduced market activity.
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