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JasmyCoin Price Prediction 2024: JASMY Volume Surges, What Next?

Last Updated May 28, 2024 9:17 AM
Giuseppe Ciccomascolo
Last Updated May 28, 2024 9:17 AM

Key Takeaways

  • JasmyCoin’s JASMY token has increased recently, in line with the crypto market.
  • JASMY volume surged too in recent days.
  • However, the coin’s price is still far from its all-time high.
  • One price prediction says it may reach $0.058 next year.

The price of JasmyCoin’s JASMY token has increased significantly in recent months, aided by growing interest in the cryptocurrency market. The Fear and Greed index jumped to 75, prompting many investors to pour cash into digital coins, and it’s hard to see an altcoin that hasn’t recovered recently.

Therefore, Jasmy jumped due to the continued demand for digital assets. Furthermore, it is one of the most popular smallcap cryptocurrencies on the market. It also trended on popular platforms like StockTwits  and Reddit .

Now, traders turned their attention to JASMY again as the cryptocurrency market has recently seen a surge of interest in JasmyCoin (JASMY), often referred to as ‘Japan’s Bitcoin.’

Over the past two days, JasmyCoin’s trading volume has skyrocketed by 800%, accompanied by notable price increases: 24% in the past day, 37% over the past week, and 52% over the past month. At the same time, its market capitalization has risen by 25%.

JasmyCoin did not respond to a request for comment.

But what is JasmyCoin (JASMY)? How does JasmyCoin work? Let’s see what we can find out, and also take a look at some of the JasmyCoin Price Predictions that were being made as of May 28, 2024.

JasmyCoin Coin Price Prediction 

Let’s examine some of the JasmyCoin price predictions being made on May 28, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.

2024 2025 2030
Prediction #1 $0.0583 $0.0682 $0.20
Prediction #2 $0.0402 $0.0601 $0.3954
Prediction #3 $0.0287 $0.0451 $0.28

First, CoinCodex  had a short-term JasmyCoin price prediction that saw the coin reach $0.034638 by June 2 before climbing further to $0.087551 by June 27. The site’s technical analysis was bullish, with 27 indicators sending encouraging signals and three making bearish ones.

JasmyCoin Price Prediction for 2024

DigitalCoinPrice  said JasmyCoin would reach $0.0583 this year, while PricePrediction.net  expects it at $0.0402 and Changelly  said JASMY would close the year at $0.0287. 

JasmyCoin Price Prediction for 2025

Changelly said JasmyCoin would reach $0.0451 while PricePrediction.net also sees it at $0.0601. DigitalCoinPrice said JASMY would trade at $0.0682. 

JasmyCoin Price Prediction for 2030

Moving on to a more long-term JasmyCoin price prediction, PricePrediction.net said the coin would be worth $0.3954 in 2030 while Changelly expects it at $0.28. DigitalCoinPrice made a JASMY price prediction of $0.20 at the start of the next decade.

Google Gemini AI Price Prediction for JasmyCoin (as of May 28)

Google’s Gemini AI platform gave the following price prediction for JasmyCoin on May 28. Please remember that the exact price prediction of an asset or cryptocurrency in the future is nearly impossible to achieve. Additionally, artificial intelligent price predictions are predicated on past performances and are in no way entirely accurate.

Short Term (Next three months)

  • Expected price: $0.023115
  • Factors to Consider:
    • The future price of JasmyCoin, and any other cryptocurrency, is highly uncertain and influenced by various factors, many of which are unpredictable.
    • It’s important to remember that cryptocurrency is a highly volatile and speculative market, and investing in it involves significant risk.

Medium Term (Next six months)

  • Expected price: $0.0391
  • Factors to Consider:
    • Market sentiment: Investor confidence and overall market trends can significantly affect cryptocurrency prices.
    • Regulations: Government regulations and policies can impact the adoption and use of cryptocurrencies, influencing their prices.
    • News and events: Major news events or developments within the cryptocurrency industry or related sectors can cause significant price fluctuations.
    • Technological advancements: Advancements in blockchain technology or the emergence of new competitors can impact the value of existing cryptocurrencies.

Long Term (Next five years)

  • Expected price: $0.070
  • Factors to Consider:
    • Market sentiment: Overall market conditions for cryptocurrencies can significantly impact individual coin prices.
    • Adoption and partnerships: Increased adoption and partnerships with established companies could boost JasmyCoin’s value.
    • Technological advancements: The success of Jasmy’s data security and sharing platform will significantly influence its token value.
    • Regulations: Regulatory changes from governments could impact the entire cryptocurrency market.

JASMY Price History

Let’s now take a look at some of the highlights and lowlights of the JasmyCoin price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a JASMY price prediction. 

When JASMY first came onto the open market on December 12, 2021, it was worth $1.3024. It soon increased, reaching its highest level since then at $4.2929 after four days, before moving down.

JasmyCoin price history
JasmyCoin price in 2023 and 2024 | Credit: CoinMarketCap

It kept on decreasing after its all-time high and moved sideways in 2022 and 2023, ending the latter at $0.006555. It moved up a bit in the first two months of 2024, reaching $0.02041 on March 6, 2024. The coin kept increasing a bit in the following two months, hitting $0.0267 on May 28, 2024, thanks to volume and interest surge in it.

At that time, there were 49.30 billion JASMY in circulation, out of a total supply of 50 billion. This gave JasmyCoin a market cap of about $1.32 billion, making it the 71st largest crypto by that measurement.

JasmyCoin Historical Price Data

Period JasmyCoin Price
May 28, 2024 $0.0267
May 21, 2024 $0.0206
April 28, 2024 $0.01843
February 28, 2024 $0.01509
May 28, 2023 $0.004753
Launch price (February 12, 2021) $1.3024
All-time high (February 16, 2021) $4.2929
All-time low (October 6, 2023) $0.003293

JasmyCoin Price Analysis

JasmyCoin Price Analysis
JASMY could reach $0.05 | Credit: Nikola Lazic/TradingView

JASMY fell to an all-time low of $0.003 at the end of December 2022. After retesting this level once more on October 19, 2023, a new uptrend started. In February 2024, it finally broke above its horizontal resistance of $0.01, with the price reaching $0.027 on March 4. 

After a sideways move, the price went back up, signaling further uptrend continuation, on May 15. This is likely its fifth wave from the five-wave impulse that started in October last year, and more upside potential remains. 

The price is back at its prior high area, but if this is its next rise, it could reach $0.05. After it does, we could see the first larger correction, as JASMY is clearly in a bull phase.

Is JasmyCoin a Good Investment?

It is hard to say. The coin has dropped since its all-time high in 2021. On the horizon, there’s no clear bullish or bearish sign. The recent surge in volume isn’t a clear bullish sign for the crypto.

As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in JASMY.

Will JasmyCoin go up or down?

No one can really tell right now. While the JasmyCoin crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up. 

Should I invest in JasmyCoin?

Before you decide whether or not to invest in JasmyCoin, you will have to do your own research, not only on JASMY, but on other, related, coins and tokens such as Ethereum (ETH) and Solana (SOL). Either way, you will also need to make sure that you never invest more money than you can afford to lose.

Who are the Founders of JasmyCoin?

Kunitake Ando, Masanobu Yoshid, and Masanobu Yoshida are the founders of JASMY.

Who Owns the Most JasmyCoin (JASMY) Tokens?

On May 28, 2024, one wallet held 8.97% of JASMY’ supply.

Richest JASMY Wallet Addresses

As of May 28, 2024, the five wallets with the most Ronin tokens were

  • 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet held 4,486,812,192 JASMY, or 8.97% of the supply.
  • 0xf8ef081d1e889dfce9e20d84a97a02414158445a. This wallet held 2,875,000,100 JASMY, or 5.75% of the supply.
  • 0x5a52e96bacdabb82fd05763e25335261b270efcb. This wallet held 2,385,726,524 JASMY, or 4.77% of the supply.
  • 0xa0e713a15c6a462c4a1d5a1d20d51d104673afd3. This wallet held 1,437,522,384 JASMY, or 2.88% of the supply.
  • 0x5238579ba835db9f3920f439632b602e236fd37a. This wallet held 1,405,762,813 JASMY, or 2.81% of the supply.

Fact Box

Supply and distribution Figures
Total supply 50,000,000,000
Circulating supply (as of May 28, 2024) 49,299,999,677 (98.6% of total supply)
Holder distribution Top 10 holders owned 36% of supply, as of May 28, 2024

From the Whitepaper

In its technical documentation, or whitepaper , JasmyCoin says it is “an IoT platform company on a mission to provide the infrastructure which allows anybody to use data safely and securely. We are currently developing and providing the “Jasmy Platform” to achieve this.”

“The Jasmy Platform aims to regain data sovereignty for each individual so that everyone can use their data safely and securely. To achieve this, we have combined Blockchain and IoT technology to provide the optimal platform solution for customers around the world, and across industries.”

JasmyCoin (JASMY) Explained

JasmyCoin is an ERC-20 token and a utility token of the Jasmy project. Addressing the data security concerns that arise in the Internet of Things (IoT), Jasmy aims to offer a platform to enable security and privacy of users’ data.

How JASMY Works

JASMY is an ERC-20 based token running on the Ethereum blockchain. JASMY functions as the service token of the JasmyCoin network. Its tokens are used for transactions on the Jasmy network. JASMY is used to purchase products and services on the Jasmy network and to protect recorded data.

JASMY Attention Tracker

JasmyCoin Google search volume
JasmyCoin Google search volume. | Credit: Google

Here is a chart for the JasmyCoin Google search volume for the past 90 days. This represents how many times the term “JasmyCoin JASMY” has been Googled over the previous 90 days.

FAQs 

How many JasmyCoin are there?

As of May 28, 2024, there were 49.30 billion JASMY in circulation, out of a total supply of 50 billion.

Will STRK reach $1?

It seems not possible in the short term, as no price prediction sees the coin reaching that level soon.

It’s relevant to note that the coin already topped that threshold, hitting its all-time high of $4.2929 in 2021, four days after its launch.

What is JasmyCoin?

JasmyCoin is an ERC-20 token and a utility token of the Jasmy project. Addressing the data security concerns that arise in the Internet of Things (IoT), Jasmy aims to offer a platform to enable security and privacy of users’ data.

Disclaimer 

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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