With technological development, the concept of IoT (Internet of Things) spreads around the world. New projects appear that offer decentralized ways of storing and managing users' data. One of them is the Japanese blockchain platform Jasmy League, which offers complete control over personal information. Read our Jasmy token price prediction to see how profitable the asset can be in the future.
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JasmyCoin Price Prediction: Is the JasmyCoin Cryptocurrency a Good Investment?
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Table of Contents
JasmyCoin Fundamental Analysis
Project name
JasmyCoin
Stock Symbol
JASMY
Current Price
0.00356015217487138
Current Supply
50000000000
Official Website
Jasmy League is a Japanese blockchain project that offers services providers in different industries to deploy their products to users on the Jasmy Platform. The project aims to decentralize the process of coordination of the devices that create IoT (Internet of Things). For this goal Jasmy stores the data on a decentralized storage network IPFS and also utilizes edge computing.
The network was launched on October 26, 2021, by the team of Japanese crypto enthusiasts Kunitake Ando, Kazumasa Sato, Masanobu Yoshida, and Hiroshi Harada.
Jasmy also strives to provide control of their data for each individual, and for this, the system integrates the Internet of Things with Blockchain technology. To provide data security during the development of IoT, Jasmy offers encryption depending on the hardware level of the machine and serves as the second layer of security protection.
The main priority of Jasmy is giving the users permanent control over their own data but at the same time after the users' approval, the companies can also use these data in multiple ways. Thus Jasmy aspires to create a democratic decision-making environment. The mentioned data also can be used by the projects, companies, and individuals to drive innovations.
Each user of the Jasmy platform owns a personal digital locker in the distributed storage where the personal files are stored within the P2P network. The platform also offers the SKC (Secure Knowledge Communicator) so the companies can create a personal locker that can be controlled and managed only by the user.
Thanks to the Smart Guardian feature anyone can easily and securely register a new IoT device on the network and have complete control over it.
Jasmy crypto is an Ethereum token that powers the ecosystem. The asset can be traded through exchanges, but it is also used as proof of a value exchange or a payment for the platform’s services. Jasmy crypto is also rewarded to the users who share their data with the platform in the form of Jasmy coins incentives. The company also works on implementing the staking option in the nearby future.
JasmyCoin Live Price Chart
As the crypto market went down, many investors started to express their concerns about the network’s growth and the actions of the Federal Reserve. It caused Jasmy's token price to shrink after the bullish run last spring.
On May 5, 2021, the coin’s price reached $2.1. Even though still being below the ATH level, it was the highest JASMY could reach since February. After this milestone, the token went for a price correction and was bouncing between $1.9 and $1.5 for the next 3 weeks.
In June the crypto market fell down and JASMY followed the overall tendency: its price decreased almost 30 times. At the beginning of the summer, the asset was traded for around $0.015. In July the price went up to $0.08 but came back to the level of $0.02 where it stayed for the next 3 months. Even the market recovery at the beginning of August didn’t cause the Jasmy crypto token to go up.
Only at the beginning of October did the token start to recover its price, and by the middle of the month it was already traded for $0.067. By the end of October JASMY’s value had reached $0.11 and continued to climb up. On November 2 the asset was traded for $0.27. After the price correction, it lost some of its value and stabilized around $0.22 till December, when it shrank to $0.07 and continued to go down steadily. At the end of February-beginning of March 2022, the token was traded for around $0.016-$0.018.
During the last week, Jasmy Coin increased its price by over 160% and for some analysts, it’s a sign of the upcoming price recovery. The others are more skeptical explaining it by the overall crypto trend that is starting to flip from bearish to bullish again. It is possible that after the further Jasmy price chart decline it might establish a more stable uptrend. Overall the Jasmy Coin's price prediction is positive and it is considered a good long-term (over 1 year) investment.
JasmyCoin Technical Analysis
Despite the fact that 100% accurate technical analysis for JasmyCoin cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated JASMY buy-and-sell rating for selected timeframe. The summary for JASMY/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
JasmyCoin Price Prediction
Below we have collected the most reliable price projections for JasmyCoin (JASMY) from popular forecast platforms.
JasmyCoin Price Prediction for 2023
As of the beginning of 2023, JasmyCoin price predictions remain predominantly positive, with some analytics promising the price at about $0.006266, while WalletInvestor even cites the possibility of the price reaching $0.1061 by the end of the year.
Potential ROI:
1013%
Buy
JasmyCoin Price Prediction for 2024
In their JasmyCoin price predictions for 2024, PricePrediction.net forecasts the coin’s price to go down to $0.002207 by December. Forecasting JasmyCoin future, TradingBeast expects further decrease of its price, too, saying the JasmyCoin price will reach ~$0.002068 by that time. On the contrary, WalletInvestor keeps predicting JasmyCoin price growth, quoting prices around ~$0.137 in 2024.
Potential ROI:
1223%
Buy
JasmyCoin Price Prediction for 2025
JasmyCoin price predictions for 2025 are still predominantly negative, with some analysts promising prices in the $0.000534–$0.003164 range (PricePrediction.net, TradingBeast), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.187 in December 2025.
Potential ROI:
1685%
Buy
JasmyCoin Price Prediction for 2026
PricePrediction.net has only pessimism in store for the 2026 JasmyCoin price prediction, valuing JasmyCoin at $0.002029 by the end of 2026. TradingBeast agrees with a negative forecast and predicts, in turn, $0.002025 for the same period. On the other hand, WalletInvestor’s team is more optimistic — their JasmyCoin price prediction for December of this year is just $0.252.
Potential ROI:
2297%
Buy
JasmyCoin Price Prediction for 2030
Speaking of long-term JasmyCoin price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that JasmyCoin price will grow further and eventually reach $0.006942 by the end of the decade. WalletInvestor’s price prediction for JasmyCoin echoes with the projection of an uptrend to $0.16128. Despite this, TradingBeast’s vision remains not so positive, promising a downfall to $0.000992.
Potential ROI:
1484%
Buy
Summary
As it can be clear from the analysis cited above, JasmyCoin (JASMY) projections are rather contradictory. There is no universal consensus either about positive or negative future JASMY price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the JasmyCoin projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
