- Altcoins and Bitcoin’s bullish pumps fuel strong global crypto ties.
- Ripple’s established fun in Japan and Korea aims to foster innovation on the XRPL.
- This move sparks speculation over a possible Ripple and JASMY collaboration.
The crypto market seems to have entered the bullish and long-awaited altseason. This period of time and the positive market sentiment caused by pro-crypto US President-elect Trump, has fueled a powerful bullish sentiment that is mirroring the likes of 2020-2021. This pump is further fueled by various bullish market moves on an institutional level across borders.
Ripple’s Established Fund in Japan and Korea
So far the spotlight in the altcoin era we have just entered has yet to shine on the pioneer crypto asset Ethereum (ETH). Instead, the limelight shines over Ripple’s XRP, a highly capable altcoin that regulates with full certainty after its winning battle with the SEC. Seven years after fighting for true recognition, XRP has now begun to set its foundation across the world.
One of the most bullish moves Ripple established is a fund in Japan and Korea to forest innovation on the XRP Ledger (XRPL). This close relation to these far-east nations in particular always involves the popular altcoin in this region, an asset known as the Bitcoin of Japan, JasmyCoin (JASMY).
$JASMY AND $XRP PARTNERSHIP#Ripple has established a fund in
Japan and Korea to foster innovation on the XRP Ledger (XRPL), leading to speculation about a possible collaboration with #JASMY, a notable blockchain project in Japan.This speculation is fueled by Japan’s… pic.twitter.com/jsSEay2ySp
— Crypto Zillion🇺🇸 (@zigasjay) December 2, 2024
JASMY and Ripple Collaboration Speculation
JASMY has been a popular name in the space since after the last bull run. This altcoin has been using crypto and blockchain solutions to bring more transparency in Japan specifically. Since its release, JASMY has rapidly gained popularity and is even been known to be collaborating with Apple technology.
Thus, Ripple’s latest established fund in Japan and Korea has led to major speculation over a bullish collaboration between the two crypto projects. This is further fueled by Japan’s supportive regulatory environment for crypto alongside Ripple’s established relationships in the region, particularly with SBI Japan.
