JasmyCoin (JASMY) Soars 12% Sequel to Panasonic Partnership

JASMY Coin experiences a remarkable 12% surge in value after announcing a groundbreaking partnership with Panasonic.
By Coingape Staff
Conclusion

Highlights

  • JASMY Coin, listed on Binance, announces partnership with tech giant Panasonic, sparking a surge in its value.
  • The collaboration aims to revolutionize IoT technology, leveraging JASMY's Personal Data Locker and Panasonic's expertise.
  • Market responds positively, with JASMY Coin's price increasing by over 12%, signaling investor confidence in the partnership's potential.

In a recent groundbreaking announcement, JASMY witnessed a remarkable price surge, skyrocketing by 12%. This surge reflects the market’s excitement about the collaboration between JASMY and Panasonic, signaling anticipation for advancements in IoT technology.

The partnership aims to merge decentralized databases with IoT devices, driven by Jasmy’s state-of-the-art Personal Data Locker (PDL) technology and Panasonic’s expertise in IoT. Together, they envision a revolutionary platform that will transform data management and utilization in the IoT ecosystem.

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Features and Benefits of the IoT Platform

The forthcoming IoT platform, born out of the collaborative efforts between JASMY and Panasonic, boasts a plethora of features designed to push the boundaries of blockchain and IoT integration. Agile development methodologies coupled with Web3 technology form the bedrock of the platform, ensuring a dynamic and responsive ecosystem that is primed for innovation.

Central to the platform’s appeal is its inherent openness. By embracing a philosophy of inclusivity, the platform welcomes a diverse range of user applications, fostering a rich ecosystem of collaboration and creativity.

This versatility extends beyond mere functionality, with the platform offering compatibility across a wide spectrum of industries and use cases. From healthcare to logistics, the possibilities are limitless, promising increased efficiency and effectiveness in service delivery and application deployment.

Also Read: FTM Price Jumps 20% Amid Launch of New Scalability Solution Fantom Sonic

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Market Response and Price Surge

Unsurprisingly, news of the JASMY-Panasonic partnership sent shockwaves through the market, resulting in a flurry of activity and a significant surge in JASMY’s price. Investors wasted no time in capitalizing on the excitement, driving the price of JasmyCoin up by an impressive 11.30% in the wake of the announcement.

As of the latest market data, the live price of JasmyCoin stands at $0.0236, with a staggering 24-hour trading volume of $188.5 million. With a market cap of $1.1 billion and a circulating supply of 49.3 billion coins, JASMY has firmly established itself as a force to be reckoned with in the world of cryptocurrency.

This surge in price, coupled with the overwhelming investor sentiment, serves as a testament to the confidence and optimism surrounding the JASMY-Panasonic partnership. As the development of the IoT platform gathers momentum, all eyes are on JASMY, poised to usher in a new era of innovation and collaboration in the ever-evolving landscape of blockchain and IoT technology.

Also Read: Dogecoin Whales Shuffle Over 1 Bln DOGE As Price Nears $0.2, What’s Next?

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Coingape Staff
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