Jasmy Coin Price Prediction – 2022, 2025, 2030

Jasmy, as a platform, was launched to use the Internet of Things (IoT) devices and media created to store and process data in a decentralized form. Just like the generic structure of a market, the cryptocurrency market keeps evolving and branching out while welcoming new protocols and teams every day. However, with this continuous evolution and expansion, more processes are created to sustain them, and one of these solutions is Jasmy Coin (JASMY).

However, Jasmy Coin (JASMY) currently trades at $0.0095, JASMY price has moved -1.74% in one day. In June 2022, JASMY lost close to 90% price value, representing a huge decline from its all-time high of $4.99. This is a general situation in the crypto market, where a lot of tokens lost more than half of their all-time high prices. Bitcoin (BTC) lost close to 60% from its 2021 maximum price of $69,000 to $26,350.

Jasmy Platform serves as a data protection protocol that places data democracy at a high value and aims to act as an intermediary for the secure exchange of data and valuables through their private personal data lockers (PDL). This ensures that data is not easily accessed by unauthorized parties and further processed and stored in centralized systems, which aid data analysis and monopolized forecasts.

In this article, we’d explore the nature of Jasmy Coin (JASMY). Will the previous price performance make it a good investment for the next bull run? Will it hit all-time again after this death spiral, and what’s the price forecast for Jasmy in the coming years?

What Is Jasmy Coin (JASMY)?

Jasmy Coin is an Ethereum-based (ERC) coin and native token of the JASMY platform, a Japanese company that Kunitake Ando created to connect more internet (iot) devices thereby Innovating the traditional mode of wealth transfer as the devices are used as a payment for the service. This token serves a huge range of issues and purposes.

According to Jasmy Coin’s whitepaper,

In a digitalized world, individuals do not only act as customers who enjoy the convenience of IoT devices but also as data providers who produce different types of data around their living environment. We believe that the ownership of this data shall belong to the individuals themselves, not to a centralized corporation.

Jasmy Coin ranking in the cryptocurrency chart with other tokens by CoinMarketCap is #384. It has a market cap of $55,249,237 with a 24-hour trading volume of $139,584,869, down 3.28% since then. Jasmy Coin has a circulating supply of 4,754,930,780 JASMY coins and a max. supply of 50,000,000,000 JASMY coins. The coin was launched first in Tokyo, Japan, before major exchanges listed it and therefore regarded as the first official Japanese crypto coin and regulated by the country’s government.

Jasmy Coin (JASMY) is also a utility token that provides the infrastructure and environment for decentralized servers to help people with the process of storing their data in a “data locker” and trading them with companies ready to have it. This decentralized server that offers this service and is used by the platform is called IPFS (InterPlanetary File System), a decentralized storage system. Juan Benet created this storage system, but the network used to build it is International Space File Systems (IPFS), which offers a protocol that increases the internet speed, creates a more open and safer web, and integrates trust into the blockchain. This protocol is also web 3’s storage network that offers the incentives of Filecoin as its subsidiary.

The benefit it offers to an individual is that you’re in charge of your data and its use case, selling it to whomever you choose. Jasmy network’s goal is to serve as a trustworthy platform for customers and businesses that use their platform and ensure that its position in the market can still cater to one of the top priority problems of the internet age.

Where Can I Buy Jasmy Coin (JASMY)?

Jasmy can be traded on major cryptocurrency exchanges like Binance, Coinbase Exchange, Bybit, Bitget, Huobi, gate.io, Kucoin, and many others.

JasmyCoin (JASMY) Fundamental Data Analysis And Partnerships

Since its creation by a team of Sony Executives who are regarded as “professionals of electronics, mechanics, telecommunications, devices, system integrations, and designs” on their website, in Tokyo, Jasmy has been making one partnership or the other to keep up with the influx of new users and expand their digital territory and significance.

The timeline of events that have most affected the movement of Jasmy are:

  • In April 2019, Proof of Concept (PoC), protocol design, and web experiments were started on the network.
  • Jasmy Coin got listed on the Bittrex crypto exchange and started to support Trust Wallet and MetaMask transactions, In May 2021.
  • In September 2021, SlowMist Technology, a security company that prioritizes smart contract audits, signed a collaboration deal with Jasmy. This partnership was to check the security standards of the protocol and its evaluation mechanics.
  • Also, within the same period, Jasmy partnered with Sagan Tosu, one of the top teams in the Japanese Football League, and became its sponsor.
  • In October 2021, JasmyCoin got listed on Coinbase and Coinbase Pro.
  • In the new year 2022, Jasmy announced that they plan to expand globally, mainly into North America and Asia. They intend to foster partnerships with companies based on blockchain and Artificial Intelligence (AI) technology.
  • The company assigned Kentaro Miura to help it expand its base of operations in the U.S. and to “promote networking and alliances with leading companies in advanced technology fields such as Web3 (Web 3.0), AI (artificial intelligence), and IoT, mainly in Silicon Valley” in March 2022.
  • In April 2022, they partnered with Mystiko. Network, a multichain privacy software development company, will aid user authentication and ensure data security and optimization.
  • Binance partnered with Jasmy in the same month to give away a Tesla to a lucky winner.

Jasmy has recently shared many important information and updates that have affected the JASMY token price.

Jasmy Applications

Jasmy applies to on-chain transactions as it provides a platform for individuals and businesses to transfer tokens using digital devices as proof of value exchange or payment for services.

Jasmy is applied to transfer tokens after or during a transaction as payment for services offered on the protocol.

Jasmy can also be applied to our day-to-day activities like automatic driving, dispatch services, and even shopping. For instance, Sylo-Centrapay, a CennzNet Blockchain payment Platform developed, secured, and Integrated by Jasmy, can be used at vending machines.

Jasmy also serves as an infrastructure that enables data exchange between networks and companies, as they aim to build an unprecedented era of information.

All these applications mentioned above indicate that the use case of JASMY both on-chain and in the real world is a strong indication that interest in the token won’t wane but rather increase over time. It’s a good coin to buy for a good investment portfolio. However, this is not financial advice as you’re advised to do your research.

JASMY/USD Price Analysis

JasmyCoin Chart. (Source: CoinMarketCap)

Based on data analysis of JASMY price action since inception, the present price level is $0.01172 and shows that in the past week, the price has been in a downtrend.

Jasmy Coin Price Chart On Monthly Timeframe (Source: Coingecko)

The price has decreased by 4.87% in the past 24 hours, and the token’s market capitalization is also declining.

JasmyCoin (JASMY) Market Capitalization Chart (Source: Coingecko)

JASMY is not keeping up with other crypto coins it started with. The price has declined by 1.02% in the last 7 days. The price action indicated in the chart shows that JASMY is still a very uncertain territory due to the low volatility and the shaky segments. The fundamentals and the history of JASMY have been and are still quite solid, but in the short term, it’s not looking like a profitable asset for a portfolio.

At the beginning of 2022, the token showed no signs of a revival. It declined to $0.011 on 8 March and collapsed to the all-time low of $0.0083 on 12 May amid the meltdown of the global cryptocurrency market. The downturn of the entire crypto market contributes to this price difference, but the current position seems to be a perfect spot to buy JASMY for a short-term trade.

The 90 days price change is around -89.56%, and the price circulated from a minimum average price of $0.08 to a maximum average price of $0.17 in the past 90 days. JasmyCoin is down by -99.76% with the maximum average price of the coin being around $0.047 and the minimum average price being around $0.0012 in the past 4 months.

JASMY Technical Analysis

From all the technical tools that have been applied to the JASMY chart, it either showed a bearish stance or a neutral one. Most daily and weekly exponential moving averages (EMA) and simple moving averages (SMA) gave bearish signals. However, The volume-weighted moving average (VWMA) and the Hull moving average (HMA) gave ‘buy’ signals. The fear and greed index for JasmyCoin indicates extreme fear.

But, the Average Directional Index (ADX), the relative strength index (RSI), and the moving average convergence divergence (MACD) all show that the coin is still in the neutral zone.

JasmyCoin Price Predictions

Several Algorithm-generated price forecast platforms have made their views on the future of JasmyCoin (JASMY). Some of them are;

  • Wallet Investor – From all price predictions about Jasmy from Wallet Investor, it considers it unprofitable for both long and short-term investments as the prices are anticipated to decrease more and more.

The one-year price forecast suggests that the price would diminish further to $0.00157 and by 2026, JASMY would be down another 90%.

Wallet Investor
  • Digitalcoin Price – Unlike the first prediction from WI, the digital coin seems more optimistic about the future of JasmyCoin. They expect the price to recover and climb back steadily as the general crypto market bounces. They expect the coin to tag $1 by 2027.

The price prediction for 2023 is set at a maximum price of $0.0203, a minimum price value of $0.0166, and an average price level of $0.0181.

Digitalcoin Price
  • TradingBeasts – TradingBeasts has a bullish outlook for JasmyCoin, and they believe the coin could be a profitable investment tool in the short term.

The price prediction for JasmyCoin is at a maximum value of $0.0467484 and an average price of $0.0373987 by the end of 2022. A price rise of 326.99% is predicted for JASMY by 2025.

TradingBeasts

As per the forecast price and technical analysis, In 2024 the price of JasmyCoin is predicted to reach at a minimum level of $0.029. The JASMY price can reach a maximum level of $0.032 with the average trading price of $0.029.

Priceprediction.net

JASMY Price Prediction 2022

Half of 2022 has been ridden by negative market factors like the high rate of inflation due to the COVID pandemic and the Russian-Ukrainian war that has tanked the market twice. So we expect the instability till towards year-end when the maximum price value should be $0.019 with an average price of $0.014. There are high chances we’d see another dip yet again.

JasmyCoin Price Prediction 2023

As more and more institutions adopt the use of blockchain in their system, we expect a steady price climb. A maximum price value of $0.023 and a minimum price of 0.014 with an average value of $0.020 is projected for 2023.

JasmyCoin Price Prediction 2024

As market regulations increase in the cryptocurrency market, we think it’ll be a deterrent for more institutions to flow in as they’ll want to design their system. By 2024, the minimum price level is pegged at $0.025, an average price value of $0.028, and a maximum price of $0.032.

JasmyCoin Price Prediction 2025

By 2025, The crypto sector would have been globally recognized and well popularized among people that community investors and network developers would be clamoring for. So, great optimism follows the year 2025. We expect the maximum price value to be $0.047, a minimum value of $0.021 because of the halving that follows a bull run, and an average price value of $0.0267.

JasmyCoin Price Prediction 2026

As the JASMY community grows, more and more incentives will be added, which will bring even more investors into the network. JasmyCoin minimum price level is projected to be $0.058 in 2026. On further analysis, the maximum level of $0.072 with the average price of $0.060 is anticipated.

JasmyCoin Price Prediction 2027

As more people become aware of information collection by big companies, they either want to monetize it or keep it secure. Either way, JASMY offers both solutions making it dual in nature. In 2027, the price of JasmyCoin is forecasted at around a minimum value of $0.087. The JasmyCoin price value can reach a maximum of $0.10 with an average trading value of $0.090.

JasmyCoin (JASMY) Price Prediction 2028

One exceptional feature of JASMY protocol is its hash security and how it organizes its data, which will motivate businesses concerned about blockchain security. The price of JasmyCoin is predicted to reach a minimum value of $0.12 in 2028. The JasmyCoin price could reach a maximum value of $0.15 with the average trading price of $0.13.

JasmyCoin Price Prediction 2029

Much activity was not projected during this period, but more adoption in many ecosystems continues. In 2029 the price of JasmyCoin is expected to reach a minimum price value of $0.18. The JASMY price can reach a maximum price value of $0.21 with an average value of $0.19.

JASMY Price Prediction 2030

Volatility is an essential part of the market, making it difficult to forecast the price value to a certain moment. But we expect more partnerships with other blockchains and vast integrations of JasmyCoin in the transaction networks. So by 2030, would we be getting past $1? We expect a maximum price value of $0.43 and a minimum price of $0.31 with an average price of $0.028.

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Barinem Pene Verified

Barry Pene is a stern blockchain research/copywriter. Barry has been trading cryptos since 2017 and has been invested in issues that would put the blockchain industry on the right pedestal. Barry's research expertise cuts across blockchain as a disruptive technology, DeFis, NFTs, Web3, and reduction of energy consumption levels of cryptocurrency mining.

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