Things aren’t looking great for JasmyCoin right now. After a disappointing Binance vote, the cryptocurrency is teetering on the edge of a potential delisting from one of the world’s largest exchanges. But amid the uncertainty, there’s been at least one silver lining – the team finally understands exactly why they’re in this precarious position.
“I really struggled this week. The Binance vote was not a good one, but there is only one good thing that came out of it. It did clear up why Jasmy is in the monitoring zone. Finally,” explained HARA, JasmyCoin’s Chief Financial Officer, in a candid statement that revealed both frustration and determination.
For months, the Jasmy team had been working to address what they thought were the main issues keeping them in Binance’s monitoring zone. First, they suspected a community engagement problem, so HARA ramped up communication efforts on X and Telegram to create more transparency.
When that didn’t seem to resolve the situation, they wondered if their international reach was insufficient. This led to a partnership with AVITA, a Hong Kong-based brand, to strengthen their presence throughout the Asia-Pacific region.
I really struggled this week.
— HARA (@HARA_JasmyCFO) March 28, 2025
The Binance vote was not a good one, but there is only one good thing that came out of it.
It did clear up why Jasmy is in the monitoring zone.
Finally.
Initially I thought it was a community issue; I stepped up my outreach on X and Telegram to…
The team even questioned whether their closed development approach was the issue. “In the environment of Jasmy Inc. we are developing BtoB products for companies, so all information is managed under NDA,” HARA noted. Their solution was creating JANCTION – a crypto-native team building an open-source blockchain to enhance JasmyCoin’s utility and interoperability.
Meanwhile, Jasmy continued forging partnerships with major players like Panasonic, Sony Group, and Transcosmos, even exploring carbon credit initiatives through academic collaborations. Through all this, HARA remained confident about the token’s liquidity: “The liquidity, which I consider the most important, is completely sufficient. I think we all feel the same way.”
After exhausting what seemed like every possible reason for their monitoring status, HARA made a breakthrough this week. “Why an innovation zone? I have been struggling with this for a long time. I found the answer this week. It was the only one I didn’t expect.”
While he doesn’t explicitly reveal the specific issue, his next statement offers an important perspective shift: “Binance is our biggest partner in token liquidity, not a hated enemy.” This suggests a more collaborative approach moving forward, with HARA adding, “The rest is my work. I have already started working on the solution.”
Despite the uncertainty, some community members see potential for a JASMY price recovery. Crypto Peer, a market analyst following JASMY price, points out that the token’s current chart patterns mirror those seen before its last major rally.
“JASMY outlook is pointed towards $1. Consistency leads to success,” Crypto Peer stated, noting a falling wedge pattern forming now that resembles one from July-November 2024. That previous pattern preceded a significant December breakout that sent prices soaring from about $0.012 to over $0.06.
Technical analysis shows strong support around $0.0112-$0.0125, a level that buyers have repeatedly defended. If history repeats itself, we might see an initial rise to around $0.025, a brief cooling-off period, and potentially another surge toward $0.05 or higher.
The consequences of an actual Binance delisting would be serious for JASMY. Being removed from the platform would drastically reduce its liquidity and accessibility, likely triggering a sell-off as investors rush to exit their positions before the delisting takes effect.
Read Also: Beyond Ripple’s SEC Victory: Here Are the Reasons XRP Price Could Soar to $100
Beyond the immediate price impact, such a move could damage confidence in the project’s future, making it harder to secure new partnerships or advance development goals.
The next few weeks will be crucial. With HARA now apparently understanding the core issue and actively working on a solution, JasmyCoin’s team finds itself in a race against time to address Binance’s concerns and secure the token’s future on the exchange.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
The post JasmyCoin at Risk of Binance Delisting: Executive Identifies Key Issue – What’s Next for JASMY? appeared first on CaptainAltcoin.