JasmyCoin (JASMY) price prediction: after a weekly rise of 27%, it continues to soar by 12%! Derivation frenzy meets Spot sell pressure, Bull vs Bear Battle intensifies.JasmyCoin (JASMY) has increased by 12% recently, continuing its upward trend after a strong rebound of 27% last week. This rise is in sync with the broader Meme coin zone, which has seen a weekly increase of 12%. However, on-chain data shows that there has been a net outflow of over $2.3 million in JASMY from spot exchanges in the past 72 hours, indicating a willingness among some holders to take profits, which may suppress the upward momentum. Meanwhile, enthusiasm in the derivatives market is high: open interest (OI) surged by $6.46 million within 24 hours (an increase of 14%), reaching $46.1 million; the funding rate for open interest turned positive at 0.0143, indicating a strong return of leveraged long positions. Market sentiment indicators show that 87% of participants are bullish. If the momentum in the Meme zone is maintained and spot selling pressure alleviates, JASMY is expected to continue its upward trend; however, caution is needed regarding the risk of high-leverage long liquidations due to ongoing spot dumping.
MarketWhisper·2025-08-14 03:04