That project (Jasmy) as per it's website, is Japan based, and a project about "Data Democracy". On their website it says they would promote data democracy by (in the future) inventing or producing or developing an IoT device that has functions such as sending and receiving detected and measured data in conjunction with sensors as well as sending and receiving commands for remote control. Their Whitepaper in only in Japanese (not in English).
The project's utility value is something very futuristic (4 or 5 years later it could be implemented, in my opinion, and not something adaptable at any high scale).
It seems to be a is a legit project, however in my opinion, not someting that could give any outstanding returns. I am aware that it is already listed in Binance, Gate dot io, Bybit, etc.
And remember 1 thing, just because a coin or token is trending in coinmarketcap or anywhere, it does not mean that it is actually being bought by people. It just means at that moment or time, a lot of people are searching it on coinmarketcap (or anywhere). Most coins / tokens that are trending in coinmarketcap (or anywhere) are made to trend by their "shilling army", they know the algorithms of coinmarketcap trending coins feature, very well and they know what to do accordingly.
