Is JASMY a good investment?
The cryptocurrency world is constantly expanding, and new organizations and projects are emerging. In this volatile atmosphere, traditional finance seeks to be brought closer to the cryptocurrency world; others are looking to make everything decentralized and storage inclusive. One of such decentralized storage platforms is Jasmy. Jasmy aims to use the Internet of Things (IoT) platforms created to store data in a decentralized format.
JASMY is the first legally compliant Japanese crypto coin, which means the coin is the first listed on the Japanese cryptocurrency exchange. Japanese law strictly governs cryptocurrency transactions subject to Financial Services Agency inspections. In effect, one can use cryptocurrencies to pay unspecified persons. There are no restrictions on owning and investing in cryptocurrencies.
A refreshing fact is that Jasmy values the concept of data democracy and aims to create an environment where data can be exchanged securely as valuables via their private personal data lockers (PDL) instead of being freely collected and stored in centralized systems for various purposes, such as monopolized analytics.
This article focuses on the native token of the Jasmy organization, Jasmycoin, and looks at the price forecast shortly. This article will also let you know if Jasmy is a good investment.
What is Jasmy?
Jasmy is an organization developed by Kunitake Ando solely to create Internet of Things (IoT) platforms on the web. Note that the Ethereum blockchain powers Jasmycoin. Jasmycoin is the native token of the Jasmy platform. Unlike other networks that use centralized servers, Jasmy uses decentralized servers to help store and compute data. The decentralized network used for this purpose is IPFS (InterPlanetary File System).
Juan Benet is the InterPlanetary File System (IPFS) inventor, a new protocol to make the web faster, safer, and more open, and Filecoin, a cryptocurrency incentivized storage network. It’s interesting to note the IPFS is the decentralized storage of Web3. Find out more here for technical guidance.
The Jasmy network is built on trust. Jasmy wants to build relationships with their customers and companies that use their services (platforms frequently); they also want to ensure that all personal files are returned to their rightful owners. Jasmy hopes to build on that information gap and position itself in the market as a significant answer to the Fourth Industrial Revolution problem.
One benefit of using the Jasmy platform is that you can easily decide what to do with your previously saved personal letters as an individual. F you want, you can delete it.
Jasmycoin is the official token of the Jasmy organization. Jasmycoin provides profits when it comes to exchanging payments. As such, it has attracted a lot of potential investors worldwide. With Jasmy being one of the best projects out there now, let’s look at the current price.
|Coin||Symbol||Price||Marketcap||Change||Last 24h||Supply||Volume (24h)|
|JASMY||$ 0.013244||$ 62.61 M||16.43%||4.75 B||$ 151.29 M|
Current JasmyCoin Price
On 30th December 2021, the live JasmyCoin price is $0.100959 with a 24-hour trading volume of $652,509,834. JasmyCoin has been up 45.87% in the last 24 hours. he current CoinMarketCap ranking is #237, with a live market cap of $480,050,712. t has a circulating supply of 4,754,930,780 JASMY coins and a max. supply of 50,000,000,000 JASMY coins.
How to buy Jasmy
Starting 9th October, Jasmy (JASMY) is available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store JASMY in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro. Customers can sign up for a Coinbase account here to buy, sell, convert, send, receive, or store e Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store JASMY today. The exact format is also followed by most exchanges supporting Jasmy.
An application of Jasmy is the transfer of tokens as payment between applications for services rendered on the network. Another application of Jasmy is creating an enabling environment where data can be exchanged as valuable goods, and they aim to build an unprecedented era of information.
Individuals and businesses can transfer the tokens using digital devices as proof of value exchange or payment for services. Jasmy can also be applied to our day-to-day activities like automatic driving, dispatch services, and checking out a convenience store.
Sylo-Centrapay, a CennzNet Blockchain payment Platform built & secured by Jasmy, can be used at vending machines.
Jasmy Technical Analysis
The above chart shows that Jasmycoin price is currently experiencing a price drop. However, you are advised not to buy if it crosses the $0.0737 limit. Some might want to sell jasmycoin with the dip, but traders are advised to hold on and target the $0.09 mark as they can sell then. 0.27 – $0.30 remain the profit areas, showing that Jasmy is expected to experience a price rise and hit the $0.30 mark soon.
Note that the above is not a bit of financial advice.
Jasmy price forecast by PricePrediction
The above price prediction table is for the current year (2021) and 2030. aking note of the current Jasmy price of $0.08, we forecast that Jasmy will close out the year with an average price of $0.089 and maintain an upward curve into 2022. Jasmycoin price prediction is forecast to re-enter the $0.1 range and stabilize. They predict an average price of $0.13 for Jasmycoin in 2022.
The future is bright for Jasmy, and although Jasmycoin’s price is currently more than 90% less than its all-time high, we are hopeful that it could reclaim its ATH as early as 2022. The progress should be steady, though, and in 5–10 years, Jasmycoin should be one of the major stakeholders in the crypto market.
The current trend in the internet of things (IoT) industry sees investors interested in investing in the next crypto coin that is likely to explode. Jasmy has listings on many more crypto exchanges than most coins. As such, we should see many investments and a possible rise in 2022 to an average price of $0.13. t can easily be higher than that, but it is mainly due to the investors.
The tendency for Jasmycoin to reach a very open position is high, and even though the price might fluctuate many times next year, we expect Jasmy to close 2023 with an average price of $0.2. e expect the maximum price in 2023 to be $0.22 and the minimum price to be $0.19.
With the ever-increasing prospect of Jasmycoin, many people are eagerly awaiting future changes in the token price. We don’t expect the price to drop further in 2024, but we expect Jasmycoin to average $0.28 with an expected maximum price of $0.33 and an expected minimum price of $0.27.
Investors are keen to look at Jasmy, mainly because of the prospects. s such, massive investments are expected in the coming years. f this comes to fruition, Jasmycoin might trade at an average price of $0.41 in 2025, with the maximum price being $0.47 and the minimum price being $0.39
The Jasmycoin price prediction in 2028 is mainly dependent on innovations made by the developers and investments made into the token. As predicted, we might finally see Jasmycoin stabilize at $1 and have an average price of $1.26 throughout the year 2028. It might be more, though.
It is pretty difficult to predict this far into the future, but if the proposed updates are put in place, you should be smiling come 2030, with Jasmycoin set to be at an average price of $2.66 come 2030. f you invest today, you should be reaping a large reward come 2030. You will have to be patient, though, as the volatile market and the price will be largely unstable.
Jasmy Forecast by DigitalCoinPrice.com
Digital coins forecast that Jasmycoin will have slow but steady growth in the future. They predict that the near future price of Jasmy will not go below $0.3 in the future. They see Jasmy as a profitable investment that is likely to trade at $0.32 in 5 years, and, owing to the popularity and adoption rate, it should be trading at $0.34 in 7 years.
Jasmy Forecast by PricePrediction.net
The Jasmycoin price forecast from Price prediction is favorable and has a higher ceiling when compared to the Digital coin forecast. the prediction is that in 7 years, Jasmy would break the $1 mark to stabilize there. In 9 years, Jasmy would trade at around $3.
Jasmy Price Forecast by WalletInvestor.com
Wallet Investors predict a +703.96% long-term profit in a year. They also forecast that Jasmycoin would be worth $2.9 come 2026. They don’t expect the Jasmy token to hit $1 within the next year, though.
The potential of Jasmycoin cannot be overemphasized. The continuous creation of Internet of Things platforms would put Jasmy in the spotlight, thereby attracting more investors. This makes the peak of Jasmy and Jasmycoin challenging to predict.
While the potential is excellent, it would be worth knowing that the Jasmy token is a very volatile venture, like every crypto coin. You can easily make your money, as well as quickly lose it. As a result, you are advised only to commit what you can afford to lose. Jasmy can be a good investment, and you only have to be patient and ensure you do your research before venturing into the investment.
You’d do well to join the Jasmy train today!
FAQs about Jasmy
Is Jasmy a good investment?
Jasmy has the promise of being a good investment. It boasts about a 700% return in a year. Patience and hope will get you a good return with Jasmy.
Will Jasmy reach $1?
Jasmy had already hit $1, but due to the current dip, it is currently less than $0.1. The forecast is that it will break back into the $1 range in 2028
Will Jasmy reach $5?
Yes, Jasmy will reach $5. t is difficult to predict when though, hopefully soon.
What will Jasmy price be in 2025?
In 2025, we forecast that Jasmy will be trading at an average price of $0.41.
What will Jasmy price be in 2030?
We predict that Jasmycoin will be priced at about $2.66 on average in 2030.