Jasmy Coin: A Smart Investment Move?

is jasmy coin good investment

Jasmy Coin (JASMY) is an Ethereum-based token that powers an IoT platform, Jasmy, which aims to decentralize the coordination of IoT devices and data networks. The coin can be used to transfer tokens between devices and as payment for network services. Jasmy Coin has seen massive price swings, with a 24-hour return of over 30% after being added to Coinbase. While some sources predict that the price of Jasmy Coin will continue to increase, others believe that its recent gains may not be sustainable. As of 2024, the current price of Jasmy Coin is around $0.018, and it is ranked #66 in the crypto world.

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JasmyCoin's price prediction for 2024-2033

JasmyCoin (JASMY) is a relatively new token that has been gaining attention in the world of digital currencies. It is the first Japanese blockchain project that provides both corporations and individuals with unique and innovative data storage possibilities.

JASMY is an ERC-20 token running on the Ethereum blockchain. It is used as a payment method on the Jasmy network, and as a utility token of the Jasmy project.

JasmyCoin Price Prediction 2024:

According to one source, the minimum cost of JasmyCoin in 2024 will be $0.0228, with a maximum level of $0.0252, and an average trading price of $0.0238. Another source predicts that JASMY could reach targets between $0.0216 and $0.0529 by the end of 2024, with an average price of $0.0469. A more bullish outlook suggests that JASMY could climb to $0.100, while a bearish scenario predicts a low of $0.02 and a high of $1.24.

JasmyCoin Price Prediction 2025:

Technical analysis suggests a potential increase for JasmyCoin in 2025. The minimum price expected is $0.0517, while the maximum is $0.0619. The average forecast suggests it may reach $0.0579. A more optimistic outlook predicts that JASMY could break through the $0.0493 barrier and hold the market by the end of 2025, with a minimum price of $0.0412 and a maximum of $0.0493.

JasmyCoin Price Prediction 2026:

By 2026, market analysts and experts predict that JASMY will start the year at $0.0566 and trade around $0.0699, which would be extremely high compared to 2025.

JasmyCoin Price Prediction 2027:

There is a possibility that the JasmyCoin 2027 price will double, but it may not reach its expected maximum level of $0.0869. It is predicted to reach an all-time high of $0.0810 or $0.0869, with an average trading price of around $0.0766.

JasmyCoin Price Prediction 2028:

JASMY will likely experience tremendous growth in 2028, with the potential to achieve new highs in price points and market cap. The price is expected to surpass $0.0869, with a minimum price of $0.0738 and an average trading price of $0.1112.

JasmyCoin Price Prediction 2029:

Crypto experts predict that the average JASMY price will be around $0.1664, with a minimum of $0.1620 and a maximum of $0.1860.

JasmyCoin Price Prediction 2030:

By the beginning of 2030, it is predicted that the cost of JasmyCoin will reach $0.14, and the price should reach $0.14 by the end of the year. The average cost is expected to be around $0.2371.

JasmyCoin Price Prediction 2031:

In 2031, JasmyCoin is expected to cross the $0.20 average price level, with a minimum price of $0.19 and a maximum of $0.20.

JasmyCoin Price Prediction 2032:

JasmyCoin's price is estimated to reach a minimum of $0.26 by 2032, with an average trading price of $0.27 and a maximum of $0.28.

JasmyCoin Price Prediction 2033:

In 2033, JasmyCoin is expected to reach a minimum price of $0.21 and a maximum of $0.31, with an average trading price of $0.26.

It is important to remember that cryptocurrency is a highly volatile market, and price predictions are often inaccurate. These predictions should not be considered financial advice, and thorough research should be conducted before investing.

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Jasmy's value proposition

Jasmy is an Ethereum-based token that powers an Internet of Things (IoT) platform, Jasmy. The platform aims to decentralize the coordination of IoT devices and data networks using edge computing and storage on IPFS. Its key feature is the absence of a central data storage strategy. Jasmy also enables token transfers between devices and payments for network services.

The inclusion of Jasmy on Coinbase has significantly impacted its price. On October 9, 2021, the token's listing on Coinbase led to a nearly 57% increase in its value, showcasing the "Coinbase Effect." Jasmy's price continued to surge, rising another 56% on October 12. This surge in price brought heightened volatility as traders sought to establish a new price for the coin.

Despite the recent gains, some analysts remain cautious about Jasmy's long-term growth potential. Wallet Investor, for instance, predicts a decline in Jasmy's value by around 87% in one year. Priceprediction.net shares a similar sentiment, anticipating a 75% drop by the end of 2021. However, Digital Coin Price offers a more optimistic outlook, forecasting an upside of more than 50% from the current levels by the end of 2021.

Looking further ahead, price predictions for Jasmy vary. Some sources predict that the price of Jasmy could reach a maximum of $0.0422 by the end of 2024, while others forecast it to be worth $0.0699 by the end of 2026. By 2030, some analysts predict Jasmy's price to reach a minimum of $0.48 and a maximum of $0.57.

While Jasmy's value proposition of data democracy and secure data exchange is compelling, it faces competition from rival IoT crypto networks, such as IOTA, which has an early mover advantage. Therefore, investors should carefully consider their risk appetite and conduct thorough research before investing in Jasmy or any other cryptocurrency.

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Jasmy's competitors

As a large language model, I am unable to provide financial advice. Please consult a qualified professional for investment guidance.

Jasmy is a Japanese company that combines blockchain and IoT technology to create a decentralised data platform. The platform enables users to store and control their data securely, manage their devices, and provide safe use of their data under clear rules. Merchants can access user data by paying in JasmyCoin.

Some competitors to Jasmy include:

  • Toncoin (TON): Toncoin has also experienced a significant price decline of 23.11% in the past 30 days but is showing potential for growth.
  • Rollblock (RBLK): This platform has already delivered 100% gains to early investors, with a massive 100x surge in price. Rollblock's commitment to user privacy and security, as well as its revenue-sharing scheme, are key drivers behind its success.
  • Solana (SOL): There is limited information on how Solana compares to Jasmy as a direct competitor, but it has been mentioned alongside Jasmy in terms of price surges and signals.

These companies are all part of the cryptocurrency and blockchain industry, which is highly volatile and subject to rapid changes in value. It is important to conduct thorough research and understand the risks before investing in any of these companies or their products.

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Jasmy's performance on Coinbase

JASMY is an Ethereum token that powers Jasmy, an organisation that develops IoT (Internet of Things) platforms. The token can be used to transfer tokens between devices and as payment for network services. The project was founded in 2016 by former Sony executives and is based in Tokyo.

As of 21 August 2024, Jasmy was available to buy and sell on Coinbase, the most secure crypto exchange. Coinbase provides detailed instructions on how to buy Jasmy. At the time, Jasmy was on the decline, with its price having decreased by 1.99% in the last hour, 15.37% in the past 24 hours, and 37.69% in the past week. Its price was $0.0192 per JASMY, with a 24-hour trading volume of $392.18M. Its market cap was $940.56M, and its circulating supply was 49,299,999,677.17 JASMY.

As of 27 August 2024, the live price of JasmyCoin was $0.020280 USD, with a 24-hour trading volume of $61,837,237 USD. Its market cap was $999,810,197 USD, and its circulating supply was 49,299,999,677 JASMY coins.

As of 29 August 2024, JasmyCoin was ranked the 66th currency in the whole crypto world. Its 24-hour trading volume was around 57.52M, and its price was $0.0192. Over the last 30 days, JasmyCoin decreased by -37.37%. Due to this, a slight recovery in the coming month was expected.

Coinbase users can buy and sell Jasmy on its centralised exchange. 94% of Coinbase users were buying Jasmy, meaning they had increased their net position over the past 24 hours through trading.

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Jasmy's price history

JasmyCoin (JASMY) is a cryptocurrency project of the Tokyo-based Internet of Things (IoT) provider Jasmy Corporation. The price of JasmyCoin has fluctuated since its launch in October 2021.

On its launch date, the price of JasmyCoin was at its highest point, reaching BTC 0.00009715. However, since then, the price has declined, and as of February 2024, it is currently trading at around $0.018426 per coin, with a market cap of $908.42 million. This is a decline of over 99% from its all-time high.

The price of JasmyCoin has seen some ups and downs over the past few years. In December 2022, the price reached its lowest point at BTC0.079850, but it has since recovered, and by August 2024, the value of JasmyCoin had increased by 119.67%, reaching $0.0422.

Looking ahead, price predictions for JasmyCoin vary. Some analysts predict that the value of JasmyCoin will continue to increase, with a potential to reach $0.0869 by 2028 and $0.14 by 2030. However, it is important to note that cryptocurrency prices are highly volatile and subject to frequent changes.

As of August 2024, JasmyCoin is considered a bullish investment, and it is currently the 66th largest cryptocurrency in the world by market cap.

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Frequently asked questions

Jasmy Coin (JASMY) is an Ethereum token that powers an organisation aiming to decentralise the coordination of IoT devices and data networks. It also supports the transfer of tokens between devices and can be used as payment for network services.

According to one source, Jasmy Coin is expected to increase in value by 264.15% and reach $0.0699 by the end of 2026. Another source predicts that the price of Jasmy Coin will reach a maximum of $0.82 by 2030. However, it is important to note that cryptocurrency prices are highly volatile and subject to change.

Jasmy Coin has seen significant price swings in the past, including a massive increase after being added to Coinbase. While some sources predict that the price of Jasmy Coin will continue to rise, others have a negative view and predict a decline in value. Therefore, it is important to conduct your own research and consult a financial advisor before making any investment decisions.

Jasmy Coin can be purchased on several top exchanges, including Coinbase, ZT, Gate.io, Bittrex, Uniswap, and MEXC.

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