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JasmyCoin Price Prediction 2024: Can JASMY Build on Momentum?

Last Updated March 6, 2024 9:18 AM
Giuseppe Ciccomascolo
Last Updated March 6, 2024 9:18 AM

Key Takeaways

  • JasmyCoin’s JASMY token has increased recently, in line with the crypto world.
  • 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 all 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 .

JasmyCoin did not immediately 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 March 6, 2024.

JasmyCoin Coin Price Prediction 

Let’s examine some of the JasmyCoin price predictions being made on March 6, 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 $0.0496 $0.058 $0.17
Prediction #2 $0.0356 $0.0519 $0.3195
Prediction #3 $0.0356 $0.0519 $0.32

First, CoinCodex  had a short-term JasmyCoin price prediction that saw the coin reach $0.021382 by March 11 before climbing to $0.025406 by April 5. The site’s technical analysis was bullish, with 27 indicators sending encouraging signals and two making bearish ones.

JasmyCoin Price Prediction for 2024

DigitalCoinPrice  said JasmyCoin would reach $0.0496 this year, while PricePrediction.net  expects it at $0.0356 and Changelly  also said JASMY would close the year at $0.0356. 

JasmyCoin Price Prediction for 2025

Changelly said JasmyCoin would reach $0.0519 while PricePrediction.net also sees it at $0.0519. DigitalCoinPrice said JASMY would trade at $0.058. 

JasmyCoin Price Prediction for 2030

Moving on to a more long-term JasmyCoin price prediction, PricePrediction.net said the coin would be worth $0.3195 in 2030 while Changelly expects it at $0.32. DigitalCoinPrice made a JASMY price prediction of $0.17 at the start of the next decade.

Google Gemini AI Price Prediction for JasmyCoin (as of March 6)

Google’s Gemini AI platform gave the following price prediction for JasmyCoin on March 6. 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 3 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 6 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 5 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.

At that time, there were 43.30 billion JASMY in circulation, out of a total supply of 50 billion. This gave JasmyCoin a market cap of about $1.01 billion, making it the 94th largest crypto by that measurement.

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.

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.

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. JASMY 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 March 6, 2024, there were 43.30 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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