Jasmy Price Prediction 2023, 2025, and 2030: Is Jasmy Coin a Good investment?

Jasmy Price Prediction 2023, 2025, and 2030: Is Jasmy Coin a Good investment?

Jasmy Price Prediction: The maximum aggregate price prediction for 2022 is $0.006.

Jasmy Price Prediction 2023: Jasmy price prediction for 2023 is $0.010 provided the price of Jasmy rises 50% from now.

Is Jasmy a Good Investment? No, Jasmy is not a good investment considering the current market condition. Jasmy has lost over 90% of its market cap this year. Read on for more information.


Latest Jasmy Price

Jasmy Coin is a utility token and is based on the ERC-20 protocol. Here are some facts about Jasmy Crypto:

  • Jasmy is a blockchain platform focused on providing data security and sharing services in the IoT era.
  • Jasmy as an organization develops decentralized IoT platforms using a decentralized storage network.
  • Jasmy platform is used to create and maintain the infrastructure necessary for storing, accessing, and exchanging data by the data owners. To achieve this, Jasmy follows four steps, the steps are:
    • Metadata storage
    • Creating an ID
    • Immersive games worlds
    • IoT devices and equipment
  • Jasmy has been developed as a data security token. In other words, the Jasmy platform allows users to secure their data in the data locker. It is designed for both individuals and corporates. If an individual or a corporate wants to access the data, they must pay in Jasmy coins to access it.
  • Key Steps
    • In the first step, with the help of the Internet of Things, users can safely store code, text, information, pictures, videos, motion, and audio for metaverse uses. Once this is done, Jasmy provides an immutable, unique and decentralized identity solution. It helps the blockchain to establish a digital identity.
    • In the next step, the Jasmy protocol enables the creation and storage of characters, equipment, skins, and other metaverse game assets in the form of Non-Fungible Tokens (NFT). Jasmy blockchain also provides a platform for using  IoT technologies, sensor modules, augmented reality (AR), and VR devices.
  • The users are even allowed to exchange the Jasmy coins with goods equivalent to the value of the Jasmy coin on Jasmy’s co-operators.

Jasmy Performance in 2022

  • Last 1 Month: -21.2%
  • Last 3 Months: -56.4%
  • YTD: -95.1%

Is Jasmy Coin a Good Investment?

Jasmy is a blockchain platform focused on providing data security and sharing services in the IoT era. As an organization, Jasmy develops decentralized IoT platforms using a decentralized storage network. Here are the uses of Jasmy Coin:

  • Jasmy Coin, the ERC-20 coin plays an important role in powering the platform. It is the native token of the Jasmy ecosystem and therefore it is used as governance as well as a gaming token on Jasmy games.
  • Jasmy coin is used for buying in-game assets in Jasmy games.
  • Jasmy is also used for Staking and as well as rewards on the Jasmy platform.
  • Since Jasmy is concerned with data security, Jasmy coin is used to access data available in Jasmy’s data lockers.
  • Jasmy coin is also used for voting on the Jasmy platform.

Therefore, is Jasmy coin a good investment?

  • While it certainly provides some value and security, the demand for Jasmy Tokens is unlikely to be large as consumers and businesses have other options. Therefore, Jasmy is completely dependent on excess liquidity to grow, in sum, a highly speculative cryptocurrency
  • This is demonstrated in the performance this year. Unlike most Altcoins, Jasmy began to fall much earlier in February and has lost 95% of its value. It has fallen a further 24% over the last couple of weeks owing to the FTX scandal.
  • It is possible that Jasmy will recover sometime in the future but that is only if the use cases expand and there is a sufficient base market for such a cryptocurrency

In sum, Jasmy coin is not a good investment


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Will Jasmy hit $1?

Jasmy will have to rise 256x to reach $1. That translates to a market cap of $4.7 Billion. Mathematically and in theory this is feasible. Many tokens have managed to achieve this target However, there has to be serious progress in Jasmy Coin Use cases to justify these levels. At the moment, we can say that Jasmy is unlikely to reach these levels.

Jasmy Price Prediction 2023-2030

Jasmy Price Prediction 2022

For 2022 end, Jasmy is predicted to be $0.006.

Jasmy Price Prediction 2023

Jasmy Price Prediction 2023 is $0.010 provided the price of Jasmy rises 50% from now.

Jasmy Coin Price Prediction 2025

The year 2025 may not be as fruitful as 2021 was for Jasmy. Jasmy’s price is predicted to remain below $0.028 even by the end of 2025. However, this price prediction is based on the current momentum. If the current outlook of the crypto market improves, Jasmy’s price may reach higher than the predicted price. However, as of now, Jasmy Price Prediction 2025 is $0.027

Jasmy Price Prediction 2030

It is highly difficult to predict the future of Cryptocurrency as the market has been very vulnerable lately. However, few of the platforms have predicted the price of Jasmy to remain below $0.50 even in 2030. It must be noted that the prediction has been made in accordance with the current market condition. Therefore, once the market condition improves the future price prediction for Jasmy will also improve.

The year 2030 may turn out to be slightly fruitful for Jasmy compared to the current market condition. Jasmy is predicted to be $0.136 in the year 2030.

Jasmy Price Prediction Today

Overall OutlookNeutral
1. Market's WisdomNeutral
1a. Market DataPartially Negative
1b. Technical RecommendationBuy
2. Crowd's WisdomPartially Negative
2a. Social Media BuzzLower
2b. Social Media SentimentNeutral

Frequently Asked Questions about Jasmy Coin

Is Jasmy Coin Dead?

Jasmy has a market cap of $19 million and a daily trading volume in the range of $33 M to $200 M in November 2022. Therefore it is certainly not dead. However, in March 2022, daily trading volumes were in the range of $71M to $2.3B and Jasmy closed the month at a market cap of $167 M. Comparing the two numbers, it is clear that the token has fallen quite significantly over this period. As we explained earlier, Jasmy is a great blockchain but the utility for its coins is not high at the moment. The Token is unlikely to die quickly but unless liquidity returns to the market, the price is not likely to pump anytime soon either.

Is Jasmy Coin Safe?

Given the recent experiences with Luna and FTX, it is difficult to make any claim of safety with a high degree of confidence. Jasmy was founded. We have already analyzed why Jasmy is not a great investment. Let us explore the pedigree of the organization and its founders. Jasmy was founded by former executives of Sony Corporation in Japan in 2016. According to Zoominfo, Jasmy has 98 employees with a revenue of $9 million. However, no employees were listed on LinkedIn. Our sense from the data available is that Jasmy has a viable Technology business that is not dependent on the success of the Token.

Will Jasmy go up?

Yes, Jasmy will go up. While it may see temporary rises over the next 6 months, Jasmy will make steady progress after US Inflation drops below 6%. US Inflation is currently at 7.7%.

Jasmy Coin News

The top 5 holders of Jasmy hold around 42% of the total supply of the Jasmy coins.

RankAddressQuantityPercentageValue
1Binance 811,716,639,73523.4333%$46,246,658.57
2Mexc.com 32,939,252,671.65.8785%$11,601,501.61
3Jasmy: Deployer2,400,000,000.64.8000%$9,473,021.54
4 0xf8ef081d1e889dfce9e20d84a97a02414158445a2,060,000,1004.1200%$8,131,010.55
5 0x0149f69817d200173fce18d1e17fdb6d89d804821,450,963,840.52.9019%$5,727,088.21

How is Jasmy Different and Who are Its Competitors?

Jasmy is designed for IoT, the Internet of Things. Now, what is the Internet of Things? IoT or the Internet of Things is the connection between devices through the internet enabling the sharing and receiving of data between these devices. The devices could be computers, cars, phones, etc.

As a blockchain, Jasmy is concerned with metaverse data security and exchange. With the world of metaverse expanding, one significant problem within the metaverse and blockchain worlds is the lack of an effective, decentralized data storage system.

Jasmy comes into play in this field and thereby differentiated itself from the rest of the blockchains. With metaverse applications built on the network can establish direct bridges for data exchange between themselves. Jasmy offers a safe, user-oriented environment in which data can be stored, saved, or exchanged.

To achieve this, Jasmy follows four steps, the steps are:

Metadata storage
Creating an ID
Immersive games worlds
IoT devices and equipment

The competitors of Jasmy are:

MXC: MXC is used to publish, sell, and trade data on an NFT marketplace. It uses a crowdsourced IoT Network.

VeChain: Vechain is usually used in supply chain management. It is also used to publish, sell, and trade data on an NFT marketplace.

Helium: Helium is used to manage low-volume data to the internet at a low cost.

Jasmy Price Prediction: Where can I buy Jasmy?

Jasmy is based upon the Ethereum blockchain, therefore to buy Jasmy coins, the following steps are required to be followed:

Step 1: For Investing in CRO first you need to find an exchange offering CRO Coin for Trade

Step 2: Creating an account with the Exchange

Step 3: Verify your Identity

Step 4: Fund the Wallet

Step 5: Make Purchase

The following exchanges offer Jasmy coins for trade. The exchanges are Binance, Coinbase, KuCoin, Cypto.com, etc.

Read: XRP Price Prediction and Forecast

Jasmy Coin Reddit Thread

BitMart will list @JasmyMGT @jasmy_league $JASMY on our digital assets platform on Nov 18, 2022. The following trading pair will be available: $JASMY/USDT

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

Subhash

Subhash

Subhash, Founder of Crowdwisdom360 is an MBA and a Trained Financial Advisor with an extensive background in Forecasting in Financial Services and Politics. He has appeared many times on National TV and has written for a variety of magazines on Wealth Management and Election Strategy.

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