Jasmy Price Prediction and Forecast: Will Jasmy hit $1, $100?

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Latest Jasmy Price

Article Coverage – Performance Summary, Latest News, Jasmy Price Outlook Today, Is Jasmy Coin a Good Investment, Latest Jasmy Video, Will Jasmy Hit $1,$10 $100, Jasmy Price Prediction 2023-2030

Performance in the last 12 Months, June 10th

• Last 7 days: -19.4%
• Last 1 month: -50.4%
• Last 6 months: -9.6%
• Last 1 year: -68.4%

Jasmy Coin Latest News

• Karmaverse and Jasmy Voting Power Announce Collaborative Partnership. This partnership will allow Karmaverse to leverage JVP’s expertise in governance and rewards to provide its users with a more rewarding and engaging experience. JVP will also be able to tap into Karmaverse’s large and active community to help grow its own user base.
• Jasmy Grant has announced the winner of its $100K grant, which after a month-long voting process was awarded to Jasmy_JVP. Jasmy_MGT will now help accelerate Jasmy_JVP’s development and operation, and they invite more teams to join them.
• Jasmy’s trading pair on Binance.US is being delisted, however, Jasmy will maintain communication with Binance.US and continue to promote their core plans and development roadmap.

Jasmy Price Prediction for the Next 6 Hours

Jasmy Price for the Next few Hours will be in the range of 0.00296 and 0.00401

Jasmy Coin Price Prediction Today (Technical Analysis, June 10th)

The Jamsy coin price is moving in sync with the overall crypto market which is now below $1.10 T. Jasmy is down over 10% in the last 24 hours and the sellers have been in control of the asset.

The Jasmy coin has broken below $0.0040 once again and the sellers have once again outnumbered the buyers. Jasmy is below its short-term as well as its long-term moving averages. The following technical information can be deduced from the above technical chart:

• The 50-day MA of Jasmy is $0.00437 and the 200-day MA is $0.00483. The Jasmy coin price at the time of writing is $0.00346.
  • The net Jamsy price is below the 50-day and the 200-day Moving Averages. The fact that Jasmy is below both the 50-day and 200-day moving averages, suggests a bearish sentiment or a negative trend.
  • Added to it, the 50-day MA is now below the 200-day MA. The Death Cross formation further confirms the bearish trend.
• The Relative Strength Index reading of Jasmy on the 4-hour timeframe chart is 23.53.
  • The current reading suggests s the asset is oversold.
  • The sellers have outnumbered the buyers.
• ·  The Fear and Greed indicator bars have developed on the Fear axis. It suggests the overall market sentiment is now negative.
• The trade recommendation is a sell.
  • ·  On the MACD chart, the MACD line is now below the signal line with trading volume bars is surging in the bearish axis.
  • This suggests that the negative momentum is increasing and the potential for a downtrend is strengthened.
• The momentum oscillator is now oscillating within the bearish axis.

The overall technical analysis suggests bearish momentum for JASMY. Check out the latest Crowdwisdom360 Indicators which is updated every 12 hours

Jasmy Price Prediction Today

Jasmy Coin Price Prediction: 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. As an organization, Jasmy 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.

Jasmy’s blockchain platform is used to recover and protect individual data. The Jasmy platform provides the infrastructure necessary for data owners to store, access, exchange, and otherwise use their own data securely and safely. The metaverse applications built on the Jasmy network can exchange data between themselves using the Jasmy technology.

Here are other facts about Jasmy Crypto:

• 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 partnerships

Toyota

Jasmy Coin has partnered with Toyota, an automobile company in order to build a platform for recording tourist data for Japan. It has also partnered with Witz, a travel service provider, to fulfill the above purpose. As per Jasmy’s whitepaper, with this partnership, Jasmy aims to be the first one to realize Japan’s commercial plot of driverless vehicles.

Sony

A few days ago, an announcement said that Jasmy could soon partner with the world’s one major entertainment company i.e., Sony.

Will Jasmy hit $1? How is Jasmy Different?

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

Jasmy Competitors

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.

The bulk of Jasmy’s competitors is traditional Enterprise software security firms.

Jasmy Coin is a utility token and is based on the ERC-20 protocol.

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

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Will Jasmy hit $1? Is it Feasible?

There are numerous issues with Jasmy

• It is operating in a highly competitive business with numerous options for consumers and businesses
• As a consequence, the demand for Jasmy Tokens is unlikely to grow significantly every year
• Therefore, Jasmy has been dependent on the Federal Reserve’s excesses

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 Coin Price Prediction: Will Jasmy coin reach $10?

Jasmy coin’s current market price is $0.0037 and hence, it requires to grow by 2,702 times to reach a price level of $10.

Now, JASMY reached its all-time high value of $4.3 in February 2021 where it grew by around 3.3 times in less than one month (i.e., from the lowest value of $1.3).

Therefore, considering its 3.3 times growth in one month, we can say that the Jasmy coin can take around 68 years to reach $10.

First of all, it is not even practical to wait for 95 years for Jasmy coin to reach that value. Secondly, it might take even more time to reach that value because the market conditions (of liquidity and inflation) now are entirely different from that in 2021.

Therefore, we cannot expect JASMY to reach $10.

Jasmy Price Prediction: Can Jasmy Hit $100?

Jasmy coin needs to grow by 17,857 times from its current value to reach a price level of $100.

Now, JASMY reached its all-time high value of $4.3 in February 2021 where it grew by around 3.3 times in less than one month (i.e., from the lowest value of $1.3).

Thus, considering its 3.3 times growth in one month, the Jasmy coin will need a minimum of 5,411 months (more than 450 years).

Hence, it is not at all practical for Jasmy to reach that value in the future because it might take even more time than calculated (depending upon the market conditions of economic factors).

Therefore, Jasmy coin cannot hit $100 in the coming years.

Jasmy Price Prediction 2023, 2025, 2030

• Jasmy Price Prediction 2023 is $0.00900
• Jasmy Price Prediction 2025 is $0.0149
• Jasmy Price Prediction 2030 is $0.0583

Jasmy Roadmap 2023

Jasmy recently released its roadmap for the year 2023, which includes:

• Development of the platform
• Release of English version integrated with AVITA’s function
• Launch of Jasmy Grant
• Development of an AI engine
• Development of Carbon Credit Consortium
• Start of Data Value Exchange

Jasmy Price Prediction: Where can I buy Jasmy?

Jasmy is based upon the Ethereum blockchain, therefore to buy Jasmy coins.

You can buy Jasmy from Cex.io, Kucoin, Coinspot, and Gate.io. Here are the links to directly buy Jasmy:

1. CEX.IO – CEX.IO is a prominent cryptocurrency exchange platform that allows users to buy, sell, and trade multiple cryptocurrencies, allowing them to participate in the digital asset market in a secure and simple manner.
2. Kraken – Kraken is a renowned cryptocurrency exchange that allows you to buy, sell, and trade multiple cryptocurrencies. It provides powerful trading tools, strict security requirements, and a user-friendly interface for cryptocurrency aficionados and traders.
3. KuCoin – KuCoin is a global cryptocurrency exchange where users may buy, sell, and trade various cryptocurrencies. It has an easy-to-use UI, extensive trading tools, and its own native token, KuCoin Shares (KCS), which provides users with additional benefits.
4. ByBit – Bybit is a popular cryptocurrency derivatives exchange that focuses on offering leveraged trading for cryptocurrencies such as Bitcoin, Ethereum, and more. It provides features like perpetual contracts, advanced trading tools, high leverage options.
5. Coinspot – CoinSpot is a popular Australian cryptocurrency exchange where users can buy, sell, and trade a variety of cryptocurrencies. It provides an easy-to-use platform, a diverse choice of digital assets, and additional features for Australian consumers such as wallet services and a referral programme.

For a more detailed review of these sites before purchase please check out this article: Link

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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.