Der zukünftige Präsident hat erklärt, dass Kryptowährungen „die Aufmerksamkeit der Behörden verdienen“. Er hat die brasilianische Zentralbank auch dazu aufgerufen, einen Rahmen für digitale Vermögenswerte zu erarbeiten.
Is JasmyCoin a good crypto to buy in November?
JasmyCoin price has done well in the past few days as investors buy the coin’s dip. JASMY was trading at $0.0055 on November 1st, which was about 33% above the lowest level in October. This price was also ~20% below the highest point last week. So, is Jasmy a good buy in November?
What is Jasmy and is it a good buy?
Jasmy is a Japanese blockchain project that is in the data management and fan token industries. It partners with companies like Toyota to help them manage their data well. It is also used in industries like tourism and healthcare.
Jasmy was started by Kazumasa Sato, who was the head of Sony’s Style.com in Japan. His co-founders were Kunitake Ando and Takashi Hagiwara, who worked for Sony. The latter was the deputy head of Sony’s Vaio line of laptop project. In most cases, Jasmy is seen as Japan’s Bitcoin.
Jasmy’s goal is to work with companies and customers in a bid to promote data integrity. It has done that by merging blockchain and the Internet of Things (IoT) using Secure Knowledge Communicator (SKC). Its white paper said:
“… Therefore, it is important to have rules and regulations in place for the protection and use of data on these network devices and their security, as well as related personal data.”
SKC is a personal data locker that makes it possible for people to lock and manage their data in a safe environment. Other services in the ecosystem are Smart Guardian and a Secure Enterprise Service.
Additionally, Jasmy has moved to the fan token industry. It recently helped Sagan Tosu, a leading Japanese soccer team launch its own fan token. Such tokens are used by teams to raise capital and deepen their engagements with their fans.
JasmyCoin price prediction
The four-hour chart shows that the JASMY price has made a strong recovery in the past few days. This rebound happened after the coin found support at $0.0041. It has also moved slightly above the 25-day and 50-day moving averages while the Relative Strength Index (RSI) has moved slightly above the neutral point of 50.
Therefore, JasmyCoin will likely continue rising as it forms a double-top pattern. If this happens, the next key resistance level to watch will be at $0.007, which is about 30% above the current level. The rally will depend on the performance of other cryptocurrencies.
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Indische Zentralbank will Pilotprojekt für digitale Rupie im November lancieren
Die RBI plant, die digitale Rupie für den Einzelhandel in einem Monat in ausgewählten Regionen des Landes herauszubringen.
Shiba Inu price explodes ahead of key updates
Shiba Inu price has been on a bullish trajectory since October 10 and the Shiba Inu community is readying for a further upside rally following plans by the Shiba Inu team to introduce a number of updates.
The Shiba Inu community is looking forward to the highly anticipated Shibarium update, Shiba Eternity Players Guide, and TREATs for Shib Army.
Release of Shiba Eternity Guide
Shiba Inu team in a tweet on November 1 announced that it will release the official Shiba Eternity Player’s Guide on November 2. The tweet read:
“The official & exclusive #ShibaEternity Players Guide will be released November 2nd, on Día de los Muertos. This massive 1000+ page booklet details Shib’s CCG game, original lore and incredible art! Stay tuned #ShibArmy!”
According to Shiba Inu lead developer Shytoshi Kusama, the guide is a 1000+ page booklet detailing Shiba Inu’s CCG game, with hundreds of hilarious cards, cutting-edge artwork, and deep sci-fi lore. In a tweet, Kusama said:
“The #ShibaEternity Player’s Guide came in at ~1100 pages with hundreds of hilarious cards, cutting-edge artwork, and a deep sci-fi lore. In my next blog I’ll explain whats happening behind the scenes and why my focus now turns to #Shibarium and other TREATs for the #ShibArmy.”
Last week, Kusama revealed that Shibarium was coming soon and that he is working on something big for Shiba Inu.
The Shiba Inu team missed the Q3 deadline for the release of the Shiba Eternity Guide.
Wish I could move at the „speed of science“. Sorry for the delay #SHIBARMY #SHIBAETERNITY guide is being completed and all bugs are being addressed. Had to make adjustments to make sure everyone can understand the tutorial. Thanks for your patience.
— Shytoshi Kusama™ (@ShytoshiKusama) October 11, 2022
Dogecoin correlation
While there are factors that are directly propelling the price of SHIB up, a majority also believe that SHIB will follow a Dogecoin-like rally, especially now that the Dogecoin community is highly anticipating some boost from Elon Musk who recently acquired Twitter.
There is a high expectation that Musk will propose DOGE rewards on Twitter.
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Shiba Inu (SHIB) price prediction for November
Shiba Inu price has done well in the past few days. The SHIB coin rose to a high of $0.000015, which was the highest level since August 17. This price was about 65% above the lowest level this year. On Tuesday, the coin was trading at $0.000013.
SHIB outlook for November
Shiba Inu and Dogecoin have come back to life after staying in a consolidation phase for weeks. The main catalyst for the rebound was the conclusion of Elon Musk’s Twitter buyout last week. He paid $44 billion for the struggling and loss-making social media company.
Shiba Inu price rose because of the performance of Dogecoin. In the past two years, Musk has become one of the most active advocates for Dogecoin. In fact, Dogecoin was a sleepy and relatively unknown cryptocurrency before he endorsed it.
Shiba Inu and other meme coins started to become better alternatives to Dogecoin. Therefore, historically, the two have a close correlation.
Buyers seem to believe that Elon Musk will incorporate Dogecoin in Twitter’s ecosystem. He could do this by making it a payment option in Twitter, a platform that has more than 200 million daily active users (DAU). According to media reports, Musk is considering making people pay to be verified.
However, in my view, I believe that all these activities will not have a major impact on Dogecoin and Shiba Inu. For one, it is unclear how many people will prefer using coins as a payment option on Twitter. A good example is that very few people buy Tesla accessories using the coin. As such, this rally is simply based on hype and false assumptions.
Shiba Inu price also rose because of the participation of Binance in Twitter’s acquisition. Binance contributed a substantial sum of money, meaning that the two companies could partner.
Shiba Inu price prediction
The four-hour chart shows that the SHIB price has been in a strong bullish trend in the past few days. It remains above the 25-day and 50-day moving averages while the Relative Strength Index (RSI) moved slightly below the overbought level.
The coin has crossed the key resistance level at $0.000012, which was the highest point on September 24th. It also seems like it is in the process of forming a double-top pattern. Therefore, the coin will likely keep rising as bulls target the double-top level at $0.000015. It will then resume the bearish trend.
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