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Jasmy coin price surged 11% today as crypto migration sparks Mollars token presale
There has been a sea of green on CryptoBubbles over the last 24 hours. Most of the cryptocurrency market is in a positive space. Surprisingly, though, it’s not just memecoins and the usual alternatives. Instead, JasmyCoin is taking the lead in the market gains category, rising +11% in value since Sunday.
What is JasmyCoin and what is it for?
Now an industry leader, $JASMY is a cryptocurrency that focuses on modern data management needs. According to Security.IO, the coin integrates blockchain technology with the “Internet of Things.”
IoT, or the Internet of Things, in layman’s terms, is a technology that allows “satellite” devices to reconnect to a “cloud” where all data is managed. For example, a car reporting data to a main “cloud” for analysis and feedback is IOT.
Founded in Japan, Jasmy presents itself as a champion of data democratization. The cryptocurrency is supposedly working on developing solutions that allow users to control data sent to companies via IOT, i.e. the cloud.
Sometimes this information is private or used for commercial purposes; Therefore Jasmy Coin could become a solution for users to earn money from companies using IOT cloud data to earn profits.
Jasmy coin price
The $JASMY coin has performed very well over the past year. “Japan’s bitcoin” has grown by more than 445% compared to the same period last year. In the last month alone, Jamsy’s is up 40.5%, with a wide margin in the last week. The approval of the Ethereum Spot ETF pushed the price of the data management coin up 30%.
The coin is currently selling for $0.257. Jasmy coin is up from last year’s value of $0.00474, burning a zero off its price.
Token presale now outpaces most Altcoins
While memecoiners look to such coins to boost their portfolio profits, there is however one altcoin that shines much brighter than Jasmy this weekend.
The Mollars token presale began this weekend, selling nearly 110,000 tokens in less than 48 hours.
The pre-sale total is the largest 2-day sales total this month for Mollars. And beyond this month, there has only been one other 48-hour period where the token sold as much. In February, the $MOLLARS ICO sold nearly 130,000 tokens in less than 40 hours.
Strong sales growth indicates that the Mollars cryptocurrency brand will be “cemented” in the cryptosphere. Traders are already searching for the keyword “Mollars” in similar volumes to industry-leading altcoins and memecoins such as Bonk Inu, Kaspa, and Golden inu. If interest grows further, the new ERC-20 token could become a rival to the top 20 tokens.
More Google searches for “Mollars” than “Jasmy Coin”
Over the last 30 days, the keyword “Mollars” has outperformed “Jasmy coin” overall. Twice, search queries for the new store of value token replaced those for the Japanese data management currency.
Even if it’s only twice, the roaring volume spikes are not to be downplayed. There is a huge difference between $JASMY and $MOLLARS, which makes the newcomer’s popularity statistics valuable.
The Jasmy coin has been on the market for over a year. Its branding value is being called into question by Ethereum-blockchain’s new superstar token, before it is even released on public cryptocurrency exchanges.
Mollars rivals Jasmy Coin in popularity even though it has a market cap of $1.27
The Mollars token is still in the presale phase via the official Mollars.com and Mollars.CC websites. Competing with the search volume of an already established cryptocurrency with a market cap of $1.27 billion is staggering.
Three cryptocurrency exchanges have already announced that they will list the $MOLLARS token after the ICO closes on June 1. LBank, Bitmart and XT will allow their 20 million [estimated] Registered users to trade Mollars. Other exchanges are also expected to announce listings, but closer to the token’s launch date.
Mollars has a total supply of tokens [TTS] of 10 million tokens compared to Jasmy’s 50 billion coins. If popularity is used to indicate Mollar’s sales, that’s a complete sell-out.
Mollars’ ICO was allocated 40% of the TTS: 4 million tokens. Over 3 million tokens have been sold so far, leaving less than 70% of the TTS available for over 20 million traders who will be exposed to Mollars after June 1st.
Mollar Price Prediction
With a current pre-sale price of $0.55 [cents], predictions have been made that Mollars could grow in value by 44X or +4,400% in a relatively short time. And this projection was generated before Mollars reached the 3 million mark.
If the Ethereum blockchain’s launch of this new store-of-value token surpasses 10 million, investors could see even greater profits.
This data, along with the increase in sales, which is a “tell-tale” signal in stock market trading, are likely the key factors causing the explosion of Mollars token presales.