Key Takeaways
- Jasmy platform is a decentralized data marketplace that employs blockchain and IOT technologies to give users complete control over their data.
- Per various market analysts and technical indicators, the JASMY token will surge over 500% and reach a potential high of $0.19 by 2029.
- The coin is currently trading at $0.0298 recording a slight daily downtrend of 0.55%.
Ranked #72 based on the overall market cap, the Jasmy token is one of the most potential coins in the crypto market. The token is currently on a bearish trend in the market following the series of pullbacks after its immense rally last month. It commenced on the 21st of November when the coin was trading at $0.01981 and ended on the 6th of December, 2024 with it reaching a high of $0.05811, surging over 400%.
However, soon after reaching this high, the coin went downhill due to the immense sling pressure. The JASMY token is currently trading at $0.0298 recording a slight downtrend of 0.55% from the previous day. With a circulating supply of 49.39 billion tokens, the market cap of the Jasmy coin stands at $1.48 billion. In this article, we will look deeper into the Jasmy project, how it will fare in the market, and also where you can easily buy this token.
Jasmy: A Brief Overview
Jasmy platform is a decentralized data marketplace that employs blockchain and IOT technologies to give users complete control over their data. The main goal of the platform is to make data usage more secure and democratic. Jamsy platform has specialized lockers that the users can access to store their data. They can also exchange these data with IOT devices and other platform protocols.
The platform also allows users to make money by allowing them to sell their data to companies that want to use it. $JASMY is the native token that powers the Jasmy platform. The platform uses the InterPlanetary File System to store user data securely. It also employs a hashing algorithm to convert files into an unreadable format, to boost the integrity and security of the network.
Factors Influencing The JASMY Token Growth
Many factors in the crypto market can, directly and indirectly, affect the price of a coin like JASMY. Here, we will look into some of these important factors so you know what to expect for the coin in the future when a particular situation comes into play.
1. Tokenomics
Tokenomics is the key factor that can directly affect the price of a coin in the market. A cryptocurrency with unlimited supply will likely have a diluted market cap while the ones having a limited supply will grow in the market due to increased demand.
2. Technological Advancements
If the Jasmy platform integrates a new and innovative feature into its existing product, it can help significantly boost its value. However, if there are complications with their newly launched upgrades, it could significantly backfire on the project.
3. Community Growth
A strong and active community is one of the key pillars that form the base of a crypto project. If a project fails to build such a community, it could crash and burn in no time.
4. Competition
Competition is one of the key factors that can significantly reduce the market value of a coin. If there arises a coin in the market that is superior and rivals the Jasmy platform’s features, the coin’s value can go down over time.
5. Exchange Listing
If the JASMY token manages to get itself listed on one of the prominent exchanges in the market, it could boost the coin’s value for a limited time frame. However, during this time, the liquidity associated with the coin will likely be low making it difficult to sell and buy.
6. Global Factors
Global factors like inflation and geopolitical tensions can significantly bring down the value of a token in the market. This is mainly because people tend to choose real-world assets over digital ones during these times.
JASMY Price Predictions: 2025-2030
Now that we looked into the Jasmy token, let’s see what sort of future awaits it in the market. For this, we have prepared a detailed price prediction table highlighting the coin’s market value and potential Return On Investment. If you’re interested in the famed token and want to gain insights into its future, refer to the table below.
Year | Min Price | Avg Price | Max Price | Potential ROI |
---|---|---|---|---|
2025 | $0.03099 | $0.081146 | $0.143562 | 382.49% |
2026 | $0.02536 | $0.051319 | $0.082976 | 178.86% |
2027 | $0.0278 | $0.032029 | $0.038788 | 30.33% |
2028 | $0.039718 | $0.056215 | $0.096796 | 225.07% |
2029 | $0.077562 | $0.114441 | $0.19311 | 548.25% |
2030 | $0.076552 | $0.101716 | $0.124122 | 316.70% |
Note: The above-given prices can vary based on the trend changes in the market.
Where & How To Buy The JASMY Token?
If you’re interested in the JASMY token and are wondering how to buy the token, you have come to the right place. Here is a list of top exchanges listing the JASMY token.
- Binance
- Bybit
- Coinbase Exchange
- Uniswap v3
- Upbit
- Bitget
- Kraken
- KuCoin
- MEXC
- Gate.io
As for how you can buy the token from these exchanges, here is a step-by-step guide.
- Step 1: Conduct thorough research and choose an exchange that is suitable for you.
- Step 2: Create an account in that exchange and fund it.
- Step 3: Browse for the JASMY token in that exchange.
- Step 4: Choose a trading pair and enter how many JASMY tokens you like to buy.
- Step 5: Verify the information provided and confirm the transaction.
After the exchange verified your transaction, the tokens will be deposited into your exchange wallet, which you easily transfer to your private wallet at any given time.
Is The JASMY Token A Good Buy Now?
The current market sentiment surrounding the JASMY token is “Neutral”. However, as per various market analysts and technical indicators, the coin is expected to surge over 225% and reach a potential value of $0.099675 by the first half of February. The token has traded the last 12/30 days in green with price volatility of 10.88%.
Also, the token’s Fear & Greed Index has hit a value of 63, symbolizing “Greed” in the market. Based on these forecasts and market data, it is a good time to buy the JASMY token. However, it would be better to conduct thorough research on the market trends before proceeding with the investment to avoid any unnecessary loss on your part.