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JASMY Price Prediction 2024-2030: Is JasmyCoin a Good Investment?

JASMY aims to use the Internet of Things (IoT) platforms created to store data in a decentralized format. Let’s see through this JASMY Price Prediction if there’s evidence of the JasmyCoin network doing just that. If you want to add JasmyCoin to your portfolio, diligent research is the safest path.

JasmyCoin (JASMY-USD) has quickly gained momentum in 2024, tripling in value and attracting significant interest from investors. Developed by former Sony executives, JasmyCoin offers a unique proposition allowing users to monetize their personal data. This innovative approach has resonated with investors seeking alternatives to traditional cryptocurrencies. While JasmyCoin shows promise, investors should remain cautious of potential market volatility and whale activity.

Japanese law strictly governs cryptocurrency transactions subject to Financial Services Agency inspections. There are no restrictions on owning and investing in cryptocurrencies. Some crypto influencers also criticize the project. According to Jerry Banfield’s review on YouTube, red flags include a poor website and zero mentions of the coin utility on the website. 

Here are some Reddit user concerns:

  • No Public Appearances: The absence of videos, interviews, or public appearances where executives like Sato Kazumasa discuss cryptocurrency is unusual for a supposedly pioneering company.
  • No Verified Social Media: Lack of verification on Twitter or other platforms raises questions about the legitimacy of the company’s public face.
  • Lack of Legal Paperwork: If JasmyCoin claims to be Japan’s first legally operable coin, they should have the legal documents to back this up. The absence of these documents is alarming.
  • Ambiguity in Associations: Being “connected” to reputable companies like BJIT and Sony isn’t sufficient proof of legitimacy. Clear partnerships or endorsements would be more reassuring.
  • No Coverage in Japanese News: The lack of coverage in Japanese media is suspicious for a Japanese company in a cutting-edge field.
  • No Mention of Apps: In the current age, not having a mobile application or even discussing the development of one is odd and could indicate a lack of technical progress.
  • Hosting in the U.S. and Canada: For a Japanese company, hosting its site outside Japan may raise questions about why they’re doing so, although it’s not necessarily a red flag.
  • Outdated Media: Old photos and videos could indicate a lack of current activity, or the company is reusing old assets for a different venture.
  • Use of Anime/Emoji Characters: During AMAs, using a cartoon character to represent a supposed real-life executive is unusual and could indicate that the person may not exist or is unwilling to be publicly associated with the project.

Binance, the world’s largest exchange, moved JASMY Coin to the innovation zone, limiting most of its utility, such as margin trading. The exchange also delisted several JASMY trading pairs, including Jasmy/BNB and Jasmy/ETH. 

Given these factors, extreme caution should be exercised. Anyone interested in JasmyCoin should seek verified, third-party information and consult financial advisors or legal experts before investing.

Read: 7  Must-Have Meme Coins to Buy in 2024

How much is JASMY worth?

JASMY price at press time was $0.003819, with a 24-hour trading volume of $15.187 million. JASMY is down 0.29% in the last 24 hours. The current MarketCap ranking is #116, with a live market cap of $187.76 million. It has a circulating supply of 48,899,999,999 JASMY coins and a maximum supply of 50,000,000,000 JASMY coins.

JASMY price analysis

Latest News

JASMY Price Prediction 2024-2030

JASMY Price Prediction by Cryptopolitan

YearMinimum Price $Average Price $Maximum Price $
20240.0060.0070.008
20250.0100.0100.011
20260.0140.0150.017
20270.0210.0220.025
20280.0290.0300.037
20290.0430.0440.052
20300.0610.0630.075

JASMY Price Prediction 2024

According to our Jasmy token price prediction for 2024, we expect a minimum price of $0.006 and an average price of $0.007. However, if Jasmy’s growth trajectory persists, we predict its value could reach as high as $0.008 at its peak.

JASMY Price Prediction 2025

According to our JasmyCoin price prediction for 2025, the minimum price of JASMY will be $0.010, while the average price will be around $0.010. There is potential for significant growth in the value of JASMY during this period, with the token possibly reaching a maximum price of $0.011 by the end of 2025.

JASMY Price Prediction 2026

According to the price prediction 2026, we expect the minimum price of the coin to be $0.014 and an average predicted value of $0.015. We expect Jasmy’s price to surge to a maximum of $0.017 by 2026.

JASMY Price Prediction 2027

Our JasmyCoin price prediction for 2027 is a minimum value of $0.021. with an average trading price of $0.022. Based on the JASMY price prediction for 2027, the price could reach a maximum of $0.025 during the year.

JASMY Price Prediction 2028

Based on our JasmyCoin price prediction for 2028, the JASMY token is anticipated to experience a bullish trend with a predicted floor price of $0.029 and an average trading value of $0.030. The highest possible price for 2028 is estimated to reach $0.037, reflecting a significant increase in the token’s valuation.

JASMY Price Prediction 2029

Our JasmyCoin price prediction for 2029 suggests that the minimum price level could be $0.043. The JASMY token will experience significant growth, with a maximum potential price value of $0.052 and an average projected value of $0.044.

JASMY Price Prediction 2030

According to our Jasmy Coin price prediction for 2030, the cryptocurrency’s value may drop to a low of $0.061 by year-end. However, we expect the average trading price to be $0.063 and the maximum estimated price to reach as high as $0.075.

JASMY Price History

Data from Coinmarketcap show JasmyCoin launched on February 2021 at $1.3 and reached an all-time high price of $4.99 on February 16th, 2021, a surge of almost 300%. When the crypto markets peaked during the last quarter of 2021, the JASMY token price jumped more than 1000% and reached $0.27 after the Coinbase listing. Since then, the JasmyCoin price has been highly volatile and, to date, lost almost all of its value. It broke below $2 in 2021; by January 2022, it had fallen below $0.1. It hit its lowest price on Dec 29, 2022, at $0.002747.

The controversy emerged after Jasmy’s Japan website distanced itself from the trade of cryptocurrencies, alleging that its name was being misused to promote virtual currencies. Here is a snippet of the caution:

The Jasmy.global site, on the other end, openly promotes the JasmyCoin as Japan’s Bitcoin.

Conclusion

In the world of cryptocurrencies, JasmyCoin has been attracting attention for its purported claim as Japan’s Bitcoin and its focus on enabling user ownership of data through its Personal Data Locker (PDL). The coin’s price predictions suggest a favorable outlook, painting a promising future with short-term and long-term estimates pointing towards an upward trajectory. Such positive forecasts could tempt many to view JasmyCoin as an ideal investment opportunity capable of reaching new heights in value.

However, balancing this optimism with a healthy dose of scrutiny is crucial. Several red flags raise questions about the project’s transparency and legitimacy. So, while the future might look bright for JasmyCoin based on current price predictions, potential investors should exercise caution. Thorough due diligence—including seeking third-party verifications and possibly consulting with financial and legal experts—is highly advisable.

Whether JasmyCoin will fulfill its potential or get trapped by the questions surrounding it remains to be seen. Either way, it serves as a case study of the complexities of cryptocurrency investment, where promise and peril often go hand in hand.

FAQs

Is Jasmy a good investment?

The JasmyCoin price predictions are optimistic in the long–term, the market sentiment is unpredictable.

Will Jasmy hit $1?

Jasmy had already hit $1, but due to the negative market sentiment , it is currently below $0.005, and is unlikely to recover to $1.

How old is JasmyCoin?

JasmyCoin has been around since 2021.

Will Jasmy bounce back?

JasmyCOin will bounce back however it will not reach its previous All Time High.

Who holds the most Jasmy?

The Binance exchange wallet hold the most Jasmy.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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