JASMYIt is among the top 100 cryptocurrencies with a circulating supply of 49.3 billion coins and a market cap of $1.1 billion. Following the revolutionary announcement, there was a significant 12% increase in the price of the cryptocurrency.
The observed expansion demonstrates the market’s enthusiasm for partnerships and anticipation of advances in Internet of Things technologies.
cryptocurrency Building on the company’s cutting-edge Personal Data Lock (PDL) technology and Panasonic’s IoT expertise, the partnership aims to connect decentralized databases with IoT devices.
It has been stated that Web3 technology and agile development methods, which create a dynamic and responsive environment that encourages innovation, form the basis of the platform.
Many features of the upcoming IoT platform resulting from the partnership aim to test the limits of blockchain and IoT integration.
The platform has been ensured to be compatible with a wide range of industries and use cases. There are potential applications and services that can be delivered with increased efficiency and effectiveness in a variety of areas, including healthcare and logistics.
The market was shaken by the partnership announcement for JASMY, resulting in a huge increase in activity and a significant increase in the price of JASMY.
JASMY Market Increase
Investors immediately purchased JasmyCoin to capitalize on the excitement, seeing an impressive 11.30% increase in price after the announcement. According to current market data, the cost of JasmyCoin is set at $0.0231 and its 24-hour trading volume appears to be $215 million.
You can access current market movements here.
