- Bitcoin maintains its bullish position just short of the $100,000 target.
- Instead, altcoins have begun to pump and analysts are eyeing JASMY.
- JASMY price could pull a 174x pump this bull cycle.
Bitcoin (BTC) has been trading between $95,000 and $99,000 following its recent all-time high (ATH) of $99,655. Market sentiment remains firmly in the ‘Extreme Greed’ zone, reflecting strong anticipation for Bitcoin to hit its first six-figure milestone of $100,000 in the days ahead.
While BTC inches closer to this historic achievement, altcoins are experiencing a significant surge in activity. After a prolonged wait during this bull cycle, prominent altcoins such as ADA, XLM, XRP, VET, and VTHO have seen remarkable price increases since Bitcoin reached its latest ATH.
Long-Time Bullish Altcoins Pump, JASMY Next?
Thus, analysts expect these established altcoins to sustain their upward momentum while also monitoring newer altcoins for potential breakout performances. To highlight, one such altcoin catching the yes of seasoned analysts and long-time traders in the crypto market is the altcoin known as the Bitcoin of Japan, JasmyCoin (JASMY).
How Much Will JASMY Pump This Bull Cycle?
As we can see from the post above, this analyst highlights how after over a month of monitoring the highly potent altcoin, JASMY price continues to progress well and seems to be on its way back to the $0.45 target. A target well ahead of JASMY’s current price of $0.02 based on CoinMarketCap data.
Meanwhile, another popular analyst, added to the JASMY bullish sentiment. As we can see from the post above, JASMY price could pull a 174x to hit a much higher target of $4.478 in the coming altseason rally. Indeed, times ahead look exciting and incredibly bullish for JASMY holders, but will this play and when?
The post 174x JASMY Price Pump Expected as Analyst Shares Deep Insights About the Bitcoin of Japan appeared first on Crypto News Land.