Jasmy Coin Price Prediction: Will JASMY Hit $1?

March 5, 2024

Price Prediction

Sean Korbett

JASMY coin is the native cryptocurrency that powers all of the activities within the Jasmy ecosystem. The initiative intends to build a world in which users own their data while maintaining privacy and security. It is a Japanese project that addresses all data-related issues that may arise with modern technology breakthroughs. In essence, it focuses on preserving user data in a variety of sectors, including blockchain, metaverse, and the Internet of Things (IoT). Discover JASMY coin price prediction in StealthEX’s latest article.

JasmyCoin (JASMY) Overview

JASMY, or Jasmy coin, is an ERC-20 token created and published on the Ethereum platform. The key purpose for establishing the Jasmy project on Ethereum is to take use of its processing power, advanced dApp capabilities, and security. Jasmy coin’s utility in its ecosystem extends beyond a few activities. As the project progresses, JASMY uncovers new use cases and assists users in accessing the platform’s offerings.  According to the official JasmyCoin website, there are two main functions of JASMY: maximizing the value of personal data and shaping the market in the medium and long term through market entry by institutional investors. The Jasmy cryptocurrency was launched in open markets in 2021, with a total supply of 50 billion JASMY coins. 

The Jasmy project provides customers with a safe Internet of Things (IoT) platform that ensures the utmost data security while transferring information. Even with a centralized management system, it helps organizations and project developers manage their IoT data. It even offers consumers with the necessary equipment, such as communication modules and wearable devices.

The Jasmy platform was created in 2016 and launched in 2021 by Japanese entrepreneurs Kunitake Ando, Kazumasa Sato, Masanobu Yoshida, and Hiroshi Harada. All of them held key positions at famous companies such as Sony and KPMG. Additionally, Jasmy coin was initially introduced on the Japanese exchange BITPoint Japan.

JASMY Features

JasmyCoin offers a number of features within the crypto space. These are:

• Privacy. With Jasmy, the likelihood of privacy breaches is significantly low. 
• Use in IoT. The Jasmy network is designed primarily for IoT. For instance, it is accessible to various devices, including automobiles, laptops, mobile phones, and biochip transponders. It comprises different digital and mechanical components, each with a unique identifier and the ability to transmit data to other terminals.
• Unique ecosystem. The project consists of three basic components. First, the Personal Data Locker (PDL). PDL is a secure distributed storage for personal IoT device data. The user has full control over this data, including whom to share it with and to what extent. Secondly, the Secure Knowledge Communicator (SKC). SKC performs user authentication functions and allows users to control their data and make it available for companies to use. And thirdly, the Smart Guardian (SG). SG allows IoT devices to be easily and securely connected to a distributed network and enables interaction between the device and its owner.

Jasmy Coin (JASMY) Price Chart

JASMY price chart, CoinMarketCap, 5 March 2024

JasmyCoin (JASMY) Price History Highlights 

• 2021: JASMY began trading on February 10, 2021 for $1.25. It hit its all-time high of $4.99 on February 16, 2021, but subsequently collapsed to an all-time low of $0.008373 on July 2, 2021, and the coin price dropped significantly by the end of 2021. 
• 2022: In 2022, Jasmy plummeted to an all-time low of $0.002747.
• 2023: JASMY bounced into 2023, gaining 191% to trade at $0.008, as it was announced that the token would be removed from Binance.US. 
• 2024: JasmyCoin finally climbed back above $0.01 in February 2024, after 18 months beneath it. At the moment, it costs $0.02415.

Last month JASMY price chart, CoinMarketCap, 5 March 2024

JASMY Coin Price Prediction

JASMY Crypto Price Prediction 2024

DigitalCoinPrice experts expect the price of JASMY to go up in 2024. According to their estimations, JASMY coin’s price might go as low as $0.0207 (-14%), while its maximum price can reach $0.0507 (+109%).

PricePrediction crypto analysts believe that in 2024 JASMY coin will make good progress: it’s expected to cost $0.0293 (+21%) at its low, while at its maximum JASMY will rise to $0.0356 (+47%).

Telegaon crypto experts think that in 2024 JASMY will fluctuate around its current price levels: its minimum price is going to go as low as $0.021 (-13%), while at its peak it can climb as high as $0.052 (+115%).

Jasmy Coin Price Prediction 2025

According to DigitalCoinPrice, the price of JASMY will continue to rise. Based on the experts’ predictions, in 2025, JASMY might reach $0.0593 (+145%) per coin at its highest point. Its lowest price might drop to $0.0495 (+104%).

Based on the experts’ forecasts at PricePrediction, in 2025, JASMY can go as high as $0.0519 (+114%) as its lowest price might drop to $0.0427 (+76%).

Telegaon analysts think that JASMY coin will continue gradually rising in price: at its lowest point in 2025 it can drop to $0.059 (+114%), while at its highest point it can rise to $0.089 (+268%).

JASMY Price Prediction 2030

DigitalCoinPrice analysts think that by 2030, JASMY coin will rise to a maximum level of $0.17 (+603%), while its minimum price will drop to $0.16 (+562%).

According to PricePrediction, in 2030 JASMY will see a lowest price of $0.2739 (+1,034%), while at its peak it might reach $0.3195 (+1,222%).

According to Telegaon forecasts, in 2030 JASMY is going to either drop to its lowest price at that point, $3.25 (+13,357%), or hit $5.28 (+21,763%) at its peak.

Jasmy Coin Price Prediction 2040

PricePrediction believes that by 2040, JASMY will cost at least $16.37 (+67,684%) at its lowest point and $19.63 (+81,183%) per coin at its highest point.

Telegaon believes that in 2040 JASMY will cost $13.23 (+54,682%) per coin at its peak. It can also drop in price to a minimum of $10.36 (+42,798%).

JASMY Coin Price Prediction: Experts’ Opinions

More than a little enthusiasm has recently been surrounding JasmyCoin (JASMY) in the cryptocurrency world. The market valuation of JASMY is currently at $1.26 billion, and the community is excited for any changes that could take the platform to new heights.

Jasmy’s future is seen as optimistic, at least during the current market rise. For instance, analysts at TeamLambo believe that the target for JASMY is 0.05$ as the best case scenario. Nonetheless, some experts, like Technopedia, are less enthusiastic and believe that even if by 2025 JasmyCoin can go as high as $0.07, by 2030 it will drop to a maximum price level of $0.006.

JASMY USDT Price Technical Analysis   

Tradingview, 5 March 2024

Now that we’ve seen possible price predictions for JASMY, let’s find out a bit more about the factors that can influence its price and position on the market.

Factors Affecting JASMY Coin Price

Many different things affect the price of Jasmy Coin. The market’s demand is one of the primary elements. The price of Jasmy Coin is probably going to go up if there is a lot of demand. Conversely, if there is no demand, the price can go down. Government laws, general market circumstances, news and events pertaining to the cryptocurrency business, and market sentiment are additional factors that may impact the price. It’s critical to remember that the cryptocurrency market is extremely unstable and that these variables can cause values to fluctuate quickly.

When assessing JASMY coin as an investment, keep the following considerations in mind:

• Technical developments
• Market demand
• Market conditions
• Supply and demand
• Competition
• Adoption and use cases
• Regulatory developments

Risks and Opportunities

The current surge in JasmyCoin’s value can be attributed, in part, to Japan’s regulatory revisions. The government of the nation has made significant progress in enabling venture capital companies and other investment entities to make direct investments in digital assets. A major step forward for Japan’s digital economy, these regulatory revisions aim to make direct investments in bitcoin ventures more accessible in the country. It is anticipated that this regulatory relaxation will unleash a surge of domestic capital for Web3 enterprises, thereby decreasing their reliance on foreign funding. 

As a result, it is expected that this action would encourage innovation and growth in Japan’s burgeoning cryptocurrency market, providing an ideal environment for the development of new businesses and technology.

Additionally, increased whale activity in the JASMY market may have contributed to the most recent spike in the value of JasmyCoin. More specifically, two dormant whales have sprung to life again and have taken out a total of 665.655 million JASMY tokens from Coinbase. According to the current valuation, this withdrawal comes to about $5.36 million. This may be the sign of future whale activity and more stir around the cryptocurrency.

The reputation and credibility of the Jasmy Coin project, as well as its adoption and usage, have also turned it into one of the most attractive projects on the crypto market. It’s worth noting that the price of Jasmy Coin, like any other cryptocurrency, is highly volatile and can be subject to rapid fluctuations. Therefore, it’s important for investors to do thorough research and stay updated on the latest news and developments in the industry.

Is Jasmy Coin a Good Investment?

Jasmy’s blockchain technology is employed to safeguard and retrieve personal information. The infrastructure required for data owners to securely and safely store, access, trade, and utilize their data is provided by the Jasmy platform. The Jasmy technology allows data interchange amongst the metaverse apps that are built on the Jasmy network. 

Toyota, a car manufacturer, and Jasmy Coin have teamed to create a platform for tracking visitor information for Japan. Additionally, it has collaborated with travel service provider Witz. According to Jasmy’s whitepaper, Jasmy hopes to be the first to successfully implement driverless car technology in Japan’s business sector with this collaboration. With these developments, JASMY can pave the way for other cryptocurrencies in this field, while also reaching and maintaining a higher price level.

Will Jasmy Coin Hit $1?

Yes, it’s possible if 50-75% of the token supply is destroyed.

Will Jasmy Hit $10?

JasmyCoin has very little chances of reaching such price levels.

Can Jasmy Coin Reach $100?

It is unlikely that this will ever happen.

What Will Jasmy Coin Be Worth in 2025?

According to DigitalCoinPrice, in 2025 JASMY can reach $0.0593.

What Will Jasmy Coin Be Worth in 2030?

According to PricePrediction, JasmyCoin can reach $0.3195 at its peak.

Conclusion

JasmyCoin is an emerging cryptocurrency initiative that aims to provide users with data democracy, security, and sovereignty. JasmyCoin offers a niche service that allows users to control and monetize the data generated by their IoT devices, utilizing blockchain technology and decentralized storage to do so. It takes into account the rapid development of technologies like the Internet of Things and the metaverse, as well as its potential impact on data exchange and storage and enters into new partnerships. By focusing on the convergence of blockchain and IoT, JASMY has the potential to open up a new field of technology.

Where to Buy JASMY Coin?

StealthEX is here to help you buy JASMY if you’re looking for a way to invest in this cryptocurrency. You can buy JASMY privately and without the need to sign up for the service. StealthEX crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy JASMY Crypto via StealthEX

Just go to StealthEX and follow these easy steps: 

• Choose the pair and the amount you want to exchange. For instance, BTC to JASMY coin.
• Press the “Start exchange” button.
• Provide the recipient address to transfer your crypto to.
• Process the transaction.
• Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.