The JasmyCoin price went parabolic on Sunday, reaching its highest level since March 6 as the falling wedge worked out and the number of active addresses rose.

Jasmy Coin (JASMY), popularly known as Japan’s Bitcoin, has rebounded after bottoming at $0.0082 earlier this month. It rose to a high of $0.017, up by 103% from its lowest level this month. 

The rebound happened as the crypto market stabilized, with Bitcoin (BTC) trading above $84,000. Other top tokens like Solana (SOL) and Fartcoin (FARTCOIN) have also bounced back in the past few days.

On-chain data shows that the number of JASMY active addresses has jumped in the past few days. According to Santiment, these active addresses rose to 1,307 on Sunday, the highest level since Feb. 1. It has jumped sharply after bottoming at …