Captain Faibik, a prominent figure in the cryptocurrency community, recently shared insights on the potential bullish movements of two cryptocurrencies. According to Faibik, Fetch.ai (FET) is exhibiting a bullish flag breakout on the 4-hour time frame chart, suggesting a forthcoming 50-60% bullish rally in the short term.
Meanwhile, JasmyCoin (JASMY) is breaking out of a symmetrical triangle pattern on the 4-hour chart, indicating a potential 60-80% bullish rally. This pattern breakout could attract traders looking for short-term gains, driving up the trading volume and price of JASMY in the near future.
Moreover, Fetch.ai and JasmyCoin have demonstrated significant growth over the past 24 hours. Fetch.ai’s price surged by 15.06%, reaching $2.87, with a 24-hour trading volume of $470,331,925, and a market cap of $2,411,170,630. On the other hand, JasmyCoin recorded a 10.71% increase, with its price at $0.023140, a trading volume of $201,954,197, and a market cap of $1,140,812,672.
Amidst these technical analyses, JasmyCoin made waves with a significant announcement. The cryptocurrency revealed a major partnership with Panasonic, a leading Japanese technology conglomerate. The collaboration aims to revolutionize data ownership and utilization through the development of a Web3-based platform that connects individual information with Internet of Things (IoT) devices.
The partnership, announced by JasmyCoin’s management team led by JasmyMGT, reflects a shared vision between the two companies. By combining Jasmy’s secure online storage and data usage systems with Panasonic’s IoT expertise, the collaboration seeks to create an innovative platform with far-reaching implications.
One of the platform’s key features is Jasmy’s ‘Personal Data Locker’, designed to provide secure online storage for personal information along with usage systems. This feature, combined with Panasonic’s technological capabilities, will pave the way for a platform that enhances the efficiency of app and service development while ensuring user data security.
The partnership announcement comes at a time when data privacy and security are paramount concerns. Currently, users have limited control over how their data is used and secured by companies. With JasmyCoin’s new platform, users will have the ability to share data on their own terms, ensuring both security and transparency.
Moreover, the collaboration emphasizes agile development methods with Web3 technology, highlighting the speed and versatility of the platform’s development. This approach will enable the creation of services that work seamlessly with various devices and applications, further enhancing user experience and data security.
As specific details of the collaboration are set to be announced in the future, the partnership between JasmyCoin and Panasonic signifies a major step forward in the realm of decentralized technologies. This strategic alliance not only propels JasmyCoin into the spotlight but also underscores its commitment to innovation and user empowerment in the digital age.
