JasmyCoin (JASMY) Price Outlook for 2024-2032
Investor Considerations
When assessing the potential value of JasmyCoin (JASMY) from 2024 to 2032, investors are advised to explore diverse perspectives on price targets and gauge project confidence levels, often referred to as a Consensus Rating. It is crucial to note that the data provided here is derived from user input and not reflective of Binance’s opinion.
Acquiring JASMY on Binance
For those contemplating JASMY investment, Binance offers a user-friendly platform that accepts various currencies, facilitating easy cryptocurrency purchases using USD, EUR, CNY, AUD, INR, and other fiat currencies.
Technical Analysis Insights
Four-Hour Analysis
JasmyCoin displays a bullish trend on the four-hour time frame, with the 50-day moving average showing an upward slope. The 200-day moving average has exhibited a consistent upward trend since 11/27/2023, indicating a robust overall trend. A cautious approach is recommended, considering the bearish indication from the 50-day and 200-day moving averages.
Relative Strength Index (RSI)
The RSI is currently within the 30-70 neutral zone, suggesting a neutral price trend. No bearish or bullish divergence has been observed in the last 14 candles, providing no clear signals for a price reversal.
One-Day Analysis
JasmyCoin maintains a bullish trend on the one-day time frame, with the 50-day moving average sloping upward. The 200-day moving average, however, is trending downward since 11/2/2023, indicating a weaker trend. Investors should consider the potential support from the 50-day moving average below the current price.
Weekly Analysis
On the weekly time frame, JasmyCoin continues its bullish trend, supported by a rising 50-day moving average. The RSI remains within the 30-70 neutral zone, signaling a sustained neutral trend. Investors should be cautious of a bearish divergence in the MACD histogram, suggesting a potential price reversal.
2030 Price Prediction
Based on aggregated input, a projected increase of +5% is anticipated for JasmyCoin by 2030, reaching a value of $0.007499. The consensus rating reflects a very bullish sentiment at present. Investors are urged to conduct thorough research and make informed decisions aligned with their knowledge and capabilities.
| Year | Price |
|---|---|
| 2023 | $ 0.005329 |
| 2024 | $ 0.005596 |
| 2025 | $ 0.005875 |
| 2026 | $ 0.006169 |
| 2030 | $ 0.007499 |
JasmyCoin Prediction Table 2024 – 2032
| Year | Min Price | Average Price | Max Price |
|---|---|---|---|
| 2024 | $0.00750 | $0.00770 | $0.00880 |
| 2025 | $0.0104 | $0.0107 | $0.0128 |
| 2026 | $0.0144 | $0.0148 | $0.0176 |
| 2027 | $0.0203 | $0.0209 | $0.0247 |
| 2028 | $0.0289 | $0.0297 | $0.0352 |
| 2029 | $0.0416 | $0.0428 | $0.0502 |
| 2030 | $0.0617 | $0.0634 | $0.0725 |
| 2031 | $0.0872 | $0.0904 | $0.106 |
| 2032 | $0.128 | $0.133 | $0.154 |
JasmyCoin: A Historical Overview
Current Status
As of the latest available data, JasmyCoin (JASMY) holds a price of $0.01, securing its position at No. 153 within the broader cryptocurrency ecosystem. The circulating supply stands at $247,252,314.45, contributing to a market cap of 49,299,999,876 JASMY.
Short-Term Performance
Over the past 24 hours, JasmyCoin has experienced a marginal increase of $0.000022 in its current value.
Recent Trends
In the preceding 7 days, JASMY has exhibited a commendable upward trend, showcasing a growth rate of 3.62%. This positive trajectory indicates the cryptocurrency’s robust potential, making it an opportune moment for potential investors.
Monthly Growth
In the last month alone, JASMY has seen a substantial surge of 32.87%, translating to a notable average increase of $0.0016 in its current value. This sudden growth underscores the coin’s potential as a solid asset, provided the momentum continues.
Understanding JasmyCoin
Genesis and Development
JasmyCoin emerged as a groundbreaking blockchain project from Japan, inaugurated in October 2021 by a dedicated team led by Kunitake Ando (representative director), Kazumasa Sato (president & CEO), Masanobu Yoshida (vice-president & CTO), and Hiroshi Harada (CFO).
Core Technology
JasmyCoin’s blockchain technology aims to restore and safeguard personal data control by seamlessly integrating traditional Internet of Things (IoT) with blockchain technology. The decentralized blockchain, leveraging the InterPlanetary File System (IPFS), ensures users have total control over their data utilization. The platform introduces a “personal data locker,” fostering a setting where users maintain control over their data, including new data generated by IoT devices.
Token Overview
JASMY, the native token of the Jasmy platform, operates as an Ethereum-based token, distinguishing itself as the first cryptocurrency to achieve legal compliance in Japan, a country with stringent cryptocurrency regulations. Positioned as a payment cryptocurrency, JASMY facilitates data access for companies, enabling them to purchase user data using JASMY tokens. The anticipated growth of the market is expected to enhance the value of the data.
FAQ and Price Predictions
Key Milestones
- Historical Performance: JASMY reached its peak price of $4.99 in February 2021 and touched its minimum of around $0.0066 in September 2022.
- Utility: JASMY serves as an ERC-20 token, functioning as a payment method on the Jasmy network. Users of Jasmy IoT gadgets are rewarded with JASMY tokens for sharing personal data with partner companies.
- Introduction: JASMY made its market debut on BITPoint Japan in October 2021.
Investor Considerations
While considering whether to invest in JasmyCoin, potential investors must weigh the cryptocurrency’s volatility, acknowledging the potential for substantial gains during price spikes but also recognizing associated risks. The ongoing development of a staking platform may enhance token liquidity, impacting JASMY’s future price and market capitalization positively. It’s crucial to recognize that JASMY is a relatively young currency in the crypto market, making it challenging to estimate its real value. Investors are encouraged to conduct thorough research and evaluate their risk tolerance and investment goals before deciding to exchange JasmyCoin. None of the content presented here constitutes investment advice, and it is recommended to seek guidance from a certified financial planner.
Disclaimer: Investing can be quite a wild ride – especially when you don’t know the terrain! To keep things from getting too rocky, take some time beforehand to get familiar with all of the risks involved. Our site is here to up your investor game by providing all available intel about platforms and trends, but we don’t take responsibility nor can we be held accountable as advisors. That being said, it’s still important for you to make educated decisions that match what works best for YOU – just remember: no amount of savvy will guarantee success or protect against loss so invest money you can spare.
