Will Jasmy hit $10, $100?
|Current Market Cap||$180.5 M||Higher|
|Trading Volume||$26.1 M||Steady|
|Metric||Last 24 Hours||Trend|
|Net Social Media Sentiment||42.0%||Higher|
Jasmy Latest News
Jasmy has revamped its SecurePC dedicated page by streamlining content and redesigning the layout. This aligns with Jasmy’s mission to democratize information. The upgraded product enhances information security and empowers individuals to leverage their own data for work, enabling businesses to efficiently manage teams and boost productivity by gaining insights into their operations at the company and departmental levels.
Jasmy Coin, Buy or Sell, Crowd Poll
Net Buy = Buy%-Sell%
- July 31st: +49.3%
- September 1st: +54.4%
- September 21st: +51.5%
- September 22nd: +51.7%
Will Jasmy hit $10, $100? What is Jasmy?
Jasmy, a blockchain platform specializing in the IoT era, offers decentralized storage networks ensuring robust data security and sharing. This blockchain infrastructure empowers data owners to store, access, and exchange their data confidently. Metaverse applications running on the Jasmy network utilize this technology for seamless data exchanges. In collaboration, Jasmy has formed alliances with giants like Toyota, aiming to pioneer Japan’s autonomous vehicle tourist data solutions. Another potential partnership on the horizon is with Sony, a leading entertainment entity.
With performance metrics showing a Year-to-date increase of +20.7%, a decline of -58.1% over the past year, and a steep fall of -99.7% since its inception, Jasmy seeks to differentiate itself in the blooming metaverse sector. Its focus lies in offering decentralized data storage solutions, a critical requirement in the growing metaverse and blockchain arenas. Jasmy’s process is structured into four steps: metadata storage, ID creation, immersive gaming worlds, and integrating IoT devices and equipment. Competing with platforms like MXC, VeChain, and Helium, Jasmy has also launched the Jasmy Chain on the Ethereum blockchain, aiming to streamline and secure data transactions efficiently.
Jasmy Coin, built on the ERC-20 protocol, is pivotal to the Jasmy ecosystem, serving multiple roles: from purchasing in-game assets, staking, and rewards, to accessing secure data and voting. Despite its unique offerings, market speculations highlight concerns regarding the token’s demand given the abundant alternatives available. For Jasmy to see a resurgence, it would require expanded use cases and a broader base market, making its future in the cryptocurrency world uncertain.
Will Jasmy coin reach $10?
Jasmy coin is required to grow by more than 2,500 times to reach a price level of $10. That translates to a Market cap of nearly $500 B which is close to the market cap of Bitcoin.
Given the Use cases, it is impossible for Jasmy to match Bitcoin’s performance and reach this level.
Recent Performance: 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 those in 2021.
Therefore, we cannot expect JASMY to reach $10. Even an aggressive burn program will not help Jasmy reach this level.
Jasmy Price Prediction: Can Jasmy Hit $100?
Jasmy coin needs to grow by 25000 times to reach a price level of $100. This translates to a market cap of nearly $5 Trillion. This is higher than the market cap of Apple.
Apple reached a 3 Trillion USD Market cap after decades of inventiveness and innovation. Nothing at Jasmy has done so far suggests it will repeat Apple’s feat.
Recent Performance: 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 will not hit $100 in the coming years.
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.