Please note that this article doesn’t present investment advice. To make an informed decision whether you should invest in JasmyCoin or not, you should conduct your own research.
Cryptocurrencies and blockchain technology proved to be instrumental in protecting the users’ data and tokenization of the Internet of Things (IoT). One of the notable projects busy in this sphere is a Japanese project JasmyCoin. It hit the market in the early 2020s but as of October 2024, the coin is already among the top 100 cryptocurrencies by market cap and can be traded on various major crypto exchanges.
This article reviews the JasmyCoin project and provides JasmyCoin (JASMY) price prediction for 2024, 2025, 2030, and other years up to 2050.
JasmyCoin (JASMY) is the native cryptocurrency launched by Jasmy Corporation, a Japanese company busy in the Internet of Things sphere. The devices connected to the IoT network collect data and identifiers. JasmyCoin provides users with tools to control this data, including the opportunity to transmit or sell it to business companies. In general, the mission of Jasmy company is connecting data users and service providers.
The company takes care about making this connection fast, secure, and stable. Jasmy relies on trustless decentralized protocols possible through the use of blockchain technology. More than that, blockchain-based infrastructure is handy for data tokenization and Jasmy uses this opportunity. JASMY token is an ERC20 token secured by the resources of the Ethereum ecosystem.
The company was founded in 2016 in Tokyo. The core team at that time included ex senior managers of Sony Kunitake Ando, Kazumasa Sato, Hiroshi Harada, and Masanobu Yoshida. The JASMY token was launched in 2021. First it was made available on the Japanese exchange BITPoint and then adopted by other huge exchanges including the likes of Binance, Coinbase, Kraken, OKX, and others, making JASMY easily available for trading around the globe.
As of October 29, 2024, the JASMY price is $0.018. The JASMY market cap exceeds $930 million. By this metric JasmyCoin is among the 100 biggest cryptocurrencies.
The table below provides JasmyCoin (JASMY) price prediction for 2024, 2025, 2027, 2030, 2035, 2040, and 2050. The prediction is based on the combination of the tech and fundamental analysis.
Year | Price Prediction | ROI of your investment (if you buy the coin now) |
2024 | $0.024 | 33.33% |
2025 | $0.035 | 94.44% |
2027 | $0.072 | 300% |
2030 | $0.25 | 1,288.89% |
2035 | $1.98 | 10,900% |
2040 | $15.3 | 84,900% |
2050 | $800 | 4,444,344.44% |
2024
In 2024 JASMY generally repeated all the major trends of the Bitcoin price except for March when Bitcoin hit its all-time high while JasmyCoin enjoyed only a moderate raise. As of October 29, the JASMY price is on the rise (just like the BTC price nearing its March peak). The price will increase more. By the end of 2024, JASMY is expected to reach $0.024.
2025
Although JASMY is already available on many leading exchanges, the project continues to widen its market base. The increasing availability on the markets will help the token price to continue to rise even if the overall crypto market stays low. By the end of 2025 JASMY may reach $0.035.
2027
While expanding their business beyond Japan, Jasmy will find more recognition, make more partnerships, and increase the user base. Each of these actions will contribute to improvement of the token’s market performance. So if the team keeps on doing their work well, JasmyCoin price will exceed the 7 cents mark by 2028.
2030
2028 will be the year of the next Bitcoin halving. This event usually triggers the huge crypto rally. In 2028–2029 the prices for most cryptocurrencies will grow exponentially. By the end of 2029 the prices will go through a correction. Nevertheless, even after a decline the prices for decent projects like JASMY will stay above the pre-2028 level. By the end of 2030 the JASMY price will be around $0.25.
2035
There is little to no data for fundamental analysis for the 2030s. However, if we assume that the cryptocurrencies continue to evolve and get more mainstream while Jasmy keeps on developing, we may outline the JASMY future price based on tech analysis. By the end of 2035, JASMY may reach nearly $2.
2040
In 2040 the JASMY price may cross the $15 mark and reach around $15.3.
2050
If the crypto market in general and JasmyCoin in particular keep on developing in the 2040s the way they do today, the JASMY price will reach around $800 in 2050.
The table below displays the main milestones the JasmyCoin (JASMY) had in the past years. The right column contains commentaries on the reasons for the price shift. This table will probably help you to understand the main triggers of the JASMY price changes and see how stable this token is.
Date | Price | Why the price dropped/rose to this level (what influenced the price change) |
Feb 4, 2021 | $0.6149 | On the first day on the market, JASMY was traded at around 60 cents |
Feb 16, 2021 | $4.79 | JASMY peaked soon. On February 16 the token reached its historical maximum at $4.79. There were two main reasons for the skyrocketing price. First, the overall crypto market was on the rise those days. Second, on February 16 JASMY was listed on one of the biggest crypto exchanges Gate.io |
Nov 3, 2021 | $0.274 | After the April crypto market peak, correction followed. It was caused by the Tesla withdrawal of the decision to accept payments in BTC, security breaches on crypto platforms, and other problems. By the summer the JASMY price dropped to one cent. However, in the fall the market started to grow again. JASMY got listed on Binance, Coinbase, Bitfinex, and KuCoin. On November the market was booming, and JASMY peaked at $0.274 |
Jun 13, 2022 | $0.0095 | After the November 2021 peak, most cryptocurrencies began to lose value. The prices were declining for the entire 2022 year. Even the listings on such important exchanges as HTX and Kraken didn’t help JasmyCoin that much. On June 13 JASMY dropped below 1 cent |
Dec 29, 2022 | $0.0027 | The price has been declining until the very end of 2022. On December 29 the JasmyCoin price reached its all-time low at $0.0027 |
Jun 8, 2024 | $0.04 | 2023 saw little movement in the JASMY price. By February of 2024, the price began to grow again. In March, after the approval of crypto ETFs, Bitcoin reached its ATH. JASMY saw only a moderate growth, reaching 4 cents in June |
Oct 30, 2024 | $0.0188 | As of October 30, 2024, the JASMY price is nearly 2 cents. The price was volatile as of the fall of 2024 |
It seems that the main driver of the JASMY price is big market trends which in turn usually owe to the Bitcoin price movements. 2022 and 2023 were pretty hard for the JASMY supporters but there was considerable price growth in the first half of 2024. After a short-term decline the price is having occasional spikes in the fall of 2024 while the dev team continues to work on the project.
Is JASMY a good investment?
We cannot give investment advice. Do your own research if you are choosing a cryptocurrency to invest in.
What will be the JASMY price in 10 years?
In 10 years from now (in 2034) JASMY may reach $1.27.
Should you buy JASMY now?
As of October 30, the JasmyCoin price is lower than it was in 2021. Some might consider it to be a buying opportunity. Before you decide to invest, make your own research, using market indicators.
JasmyCoin is a cryptocurrency with a strong use case. The coin is a part of an IoT infrastructure created by experienced professionals. The JASMY price is far from the heights of 2021, however, the project keeps on growing. In 10 years, the JasmyCoin price may reach around $1.27.
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