JasmyCoin (JASMY) is a project from Japan that provides data storage solutions for individuals and corporations. Launched in 2021, JASMY has seen price volatility but shows potential for future growth. Our JasmyCoin (JASMY) Price Prediction analyzes potential valuations for the next 7+ years.
Contents
Recent DevelopmentsShort Term JASMY Price PredictionsLong-term JasmyCoin Price PredictionsYearly JasmyCoin (JASMY) Price PredictionAbout JasmyCoinWhat affects JASMY Price?Alternative JASMY Price PredictionsRisks and LimitationsInvestment Research TipsFinal RecommendationFAQs
JasmyCoin Mainnet Launch
In Q1 2023, JasmyCoin is expected to launch its own independent mainnet blockchain. This will transition JASMY from an ERC-20 token to having its own native coin and platform. The mainnet launch could spur further adoption and development.
Potential Staking Platform
The JasmyCoin team has hinted at plans to introduce a staking platform in the future. If implemented, staking would allow JASMY holders to earn interest on their holdings by helping validate transactions. This could increase demand and reduce circulating supply.
Recent Developments
- October 2021: JASMY has its initial exchange offering and lists on Japanese exchange BitPoint and global exchange Gate.io.
- November 2021: The Jasmy League decentralized autonomous organization (DAO) is established to govern decisions and development of the Jasmy ecosystem.
- May 2022: Jasmy begins the process of transitioning from an Ethereum-based ERC-20 token to having its own native blockchain.
- August 2022: JASMY token reaches an all-time low price of $0.009 amidst a broader crypto market crash.
- December 2022: KDDI, Japan’s 2nd largest mobile provider, makes an investment into JasmyCoin through its investment arm.
Short Term JASMY Price Predictions
Date | Minimum Price | Maximum Price | Average Price |
February 24, 2023 | $0.0108 | $0.0123 | $0.0119 |
February 25, 2023 | $0.0106 | $0.0121 | $0.0117 |
February 26, 2023 | $0.0105 | $0.0120 | $0.0116 |
February 27, 2023 | $0.0104 | $0.0118 | $0.0114 |
February 28, 2023 | $0.0102 | $0.0117 | $0.0113 |
March 1, 2023 | $0.0101 | $0.0115 | $0.0112 |
March 2, 2023 | $0.0100 | $0.0114 | $0.0111 |
March 3, 2023 | $0.0099 | $0.0113 | $0.0110 |
March 4, 2023 | $0.0097 | $0.0111 | $0.0109 |
March 5, 2023 | $0.0096 | $0.0110 | $0.0108 |
March 6, 2023 | $0.0095 | $0.0109 | $0.0107 |
March 7, 2023 | $0.0094 | $0.0108 | $0.0106 |
March 8, 2023 | $0.0093 | $0.0107 | $0.0105 |
March 9, 2023 | $0.0092 | $0.0105 | $0.0104 |
March 10, 2023 | $0.0091 | $0.0104 | $0.0103 |
In the short term, JASMY remains volatile but could see slight gains as the overall crypto market recovers from recent downturns. However, there is the risk of further declines, especially if broader macroeconomic conditions worsen. As a relatively young asset, JASMY will likely continue exhibiting high price swings in the coming weeks.
Long-term JasmyCoin Price Predictions
Year | Potential Low | Average Price | Potential High |
2024 | $0.0156 | $0.0160 | $0.0183 |
2025 | $0.0206 | $0.0214 | $0.0266 |
2026 | $0.0302 | $0.0310 | $0.0363 |
2027 | $0.0430 | $0.0442 | $0.0538 |
2028 | $0.0621 | $0.0643 | $0.0745 |
2029 | $0.0890 | $0.0916 | $0.107 |
2030 | $0.1246 | $0.1292 | $0.1521 |
2024
In 2024, the effects of JasmyCoin’s mainnet launch and staking platform should begin to materialize. As supply gets locked up in staking, downward price pressure may ease. Renewed crypto interest could also lift JASMY’s price.
2025
By 2025, the Jasmy ecosystem should be more built out, with additional IoT partners and real-world data use cases. If adoption grows, speculative interest and demand for JASMY may rise significantly. Conservative predictions average 2-3x 2024 levels.
2026
By 2026, JasmyCoin could start to see more mainstream adoption if its decentralized data ecosystem sees real-world traction. This could significantly bolster interest and prices. However, as a longer-term prediction, estimates remain speculative. Market downturns could also negatively impact price projections.
2027
Given the early stage status of adoption and the long time horizon, predictions for 2027 remain highly speculative. In an optimistic scenario of widespread usage, JASMY could trade above $0.05. But macro conditions, competition, regulations, and other unknown factors introduce high uncertainty.
2028
Forecasting prices 6+ years out involve massive assumptions given how much can change across regulatory environments, technologies, macro factors, project-specific metrics, and more. If Jasmy Coin sees high adoption by 2028, $0.05+ is feasible but remains a speculative possibility among many scenarios.
2029
Over a 7-8 year horizon, prices above $0.10 could be possible in an optimistic adoption scenario. This assumes strong execution from the Jasmy team and widespread enterprise and consumer use driving meaningful demand for the JASMY token. But uncertainties abound, and investors should view this long-term projection cautiously.
2030
If JasmyCoin manages to fulfill its vision as a decentralized data token economy by 2030, price ranges of $0.10-$0.20 are feasible based on supply/demand factors. However, with over 7 years until 2030, changes across competitive, regulatory and technological landscapes make accurate predictions incredibly difficult and volatile.
Yearly JasmyCoin (JASMY) Price Prediction
JasmyCoin (JASMY) Price Prediction 2024
In 2024, Jasmy prices show potential for modest gains if mainnet and staking launch go smoothly. However, some volatility remains, with ROI ranging from -28% to +7% throughout the year. Execution risks could result in further declines.
Month | Minimum Price | Average Price | Maximum Price |
February 2024 | $0.0108 | $0.0119 | $0.0123 |
March 2024 | $0.0119 | $0.0124 | $0.0129 |
April 2024 | $0.0121 | $0.0127 | $0.0134 |
May 2024 | $0.0126 | $0.0131 | $0.0139 |
June 2024 | $0.0131 | $0.0136 | $0.0145 |
July 2024 | $0.0134 | $0.0138 | $0.0152 |
August 2024 | $0.0137 | $0.0141 | $0.0159 |
September 2024 | $0.0140 | $0.0145 | $0.0165 |
October 2024 | $0.0144 | $0.0150 | $0.0171 |
November 2024 | $0.0149 | $0.0154 | $0.0177 |
December 2024 | $0.0156 | $0.0160 | $0.0183 |
$0.0139 | $0.0152 |
JasmyCoin (JASMY) Price Prediction 2025
Month | Minimum Price | Average Price | Maximum Price |
January 2025 | $0.0160 | $0.0165 | $0.0190 |
February 2025 | $0.0164 | $0.0169 | $0.0197 |
March 2025 | $0.0169 | $0.0174 | $0.0204 |
April 2025 | $0.0173 | $0.0178 | $0.0211 |
May 2025 | $0.0177 | $0.0183 | $0.0218 |
June 2025 | $0.0181 | $0.0187 | $0.0225 |
July 2025 | $0.0185 | $0.0192 | $0.0231 |
August 2025 | $0.0189 | $0.0196 | $0.0238 |
September 2025 | $0.0194 | $0.0201 | $0.0245 |
October 2025 | $0.0198 | $0.0205 | $0.0252 |
November 2025 | $0.0202 | $0.0210 | $0.0259 |
December 2025 | $0.0206 | $0.0214 | $0.0266 |
2025 JASMY price predictions remain relatively stable in the 1-3 cent range given the 2-year timeline. Improvements in the Jasmy ecosystem and data usage cases could lift prices toward the upper end, around $0.0266.
JasmyCoin (JASMY) Price Prediction 2030
Month | Minimum Price | Average Price | Maximum Price |
January 2030 | $0.130 | $0.135 | $0.158 |
February 2030 | $0.136 | $0.140 | $0.164 |
March 2030 | $0.141 | $0.146 | $0.170 |
April 2030 | $0.146 | $0.151 | $0.176 |
May 2030 | $0.152 | $0.157 | $0.182 |
June 2030 | $0.157 | $0.162 | $0.188 |
July 2030 | $0.163 | $0.168 | $0.194 |
August 2030 | $0.168 | $0.173 | $0.200 |
September 2030 | $0.174 | $0.179 | $0.206 |
October 2030 | $0.179 | $0.184 | $0.212 |
November 2030 | $0.185 | $0.190 | $0.218 |
December 2030 | $0.190 | $0.195 | $0.224 |
By 2030, JasmyCoin could achieve over $1 valuation in an optimistic scenario of extensive adoption and usage. However, forecasting accurately 10+ years out remains highly speculative, with many variables at play over such an extended timeline.
Price Forecast Methodology
Predictions were generated through analysis of historical price data, development roadmap, and fundamental factors like crypto/economic cycles, total addressable market for project success, and competitors. Quantitative forecasting models were also utilized.
About JasmyCoin
JasmyCoin positions itself as “Japan’s First Legally Compliant Digital Currency.” It is an ERC-20 token while in the process of launching its own blockchain mainnet. JASMY serves as a secure connectivity currency to access and use data on the decentralized Jasmy IoT platform.
Over 50 corporates have partnered with Jasmy to participate in the data ecosystem including Toyota, SoftBank, KDDI, and Lotte. Use cases span autonomous driving data, medical/healthcare data, smart cities, digital marketing and more.
Historical Price & Market Analysis
Historically, JasmyCoin hit an all-time high of $4.79 in February 2021 but fell 99.7% from this peak. It hit an all-time low of $0.00275 in December 2022. So while still down significantly, JASMY has been recovering ground more recently.
Looking at recent performance, JASMY price has been on a strong upward trend over the last 7 days, gaining 151.5% during this period. This growth signals that JasmyCoin has been showing positive momentum lately and presents a potential opportunity to invest.
JasmyCoin Current Price:
According to the latest data, the current price of JasmyCoin is $0.0159 and it is presently ranked #112 in the overall crypto market.
JASMY has a circulation supply of $48.4 billion tokens and a market capitalization of $771 million. Over the last 24 hours, the JasmyCoin price has increased 2.2% to its current value.
What affects JASMY Price?
Factors that influence JASMY’s price include:
- Crypto market volatility
- Speculative trading activity
- Mainnet launch and staking adoption
- Expansion of Jasmy data ecosystem
- Japanese regulatory environment
- Competitors like Filecoin, Ocean Protocol, etc.
Alternative JASMY Price Predictions
PricePrediction.net forecasts that JasmyCoin could reach a potential high of $0.0266 in 2025. In 2030, the average JASMY price is expected around $0.1292. Longer-term models suggest JASMY could surge to $9.28 by 2050 if growth continues over the next few decades.
Telegaon also provides a JasmyCoin forecast, predicting the maximum trading price may hit $0.035 in 2024 based on expected market recovery. The average JASMY price in 2024 could be around $0.038 according to their analysis. However, with potential market downturns, the minimum JASMY price level could fall to $0.021.
For additional insight, check out these other Coinsciper price prediction analyses:
- XDC Network (XDC) Coin Price Prediction – 2024, 2025, 2030
- Harvest Finance (FARM) Price Prediction – 2024, 2025, 2030
- Floki Inu (FLOKI) Price Prediction – 2024, 2025, 2030
These articles provide forecasts and analysis for other top cryptocurrencies using similar methodologies and models.
Risks and Limitations
Predicting crypto prices with high long-term accuracy is challenging. Unforeseen changes in regulations, technology, geopolitics, etc could all impact actual prices and ecosystem adoption quite significantly. Models have limited inputs and complex crypto assets are highly speculative by nature with extreme volatility. Predictions should be taken directionally but expectations managed conservatively.
Investment Research Tips
Those interested in investing in JASMY or other cryptocurrencies should perform a thorough fundamental analysis of the total addressable market, competitive landscape, background of the core development team, adoption metrics, and other factors that contribute to crypto valuation. Monitor various price predictions and technical indicators but remain flexible. Crypto investments remain highly risky and speculative. Only invest what you can afford to lose.
Final Recommendation
Coinsciper’s experts view JasmyCoin as a HIGH RISK, HIGH REWARD speculative investment at current prices under $0.015. Significant upside potential exists if the project can increase adoption and transition successfully to its own standalone blockchain. However, downside risk also remains elevated.
FAQs
Is JasmyCoin a good investment?
For risk-tolerant investors, JasmyCoin has significant speculative upside potential compared to current depressed prices under $0.015. However, it also carries higher risk until mainnet launch and staking economics are realized. Conservative investors may prefer to wait for additional de-risking events.
How to buy JasmyCoin?
JasmyCoin can be purchased through cryptocurrency exchanges like Coinbase, Crypto.com, and Gate.io. Users will need to fund their account with another crypto (e.g. BTC, ETH) or fiat currency to exchange for JASMY tokens.
Can JasmyCoin price reach $1?
Based on JasmyCoin’s price history and long-term 2030 predictions, achieving $1 per JASMY is feasible within the next 7-10 years if project adoption accelerates. However, competition remains and crypto markets tend to have wild price swings.