JasmyCoin has been abuzz with speculation that it has signed a partnership with the smartphone giant Apple, which has created a huge buzz within the JASMY community.
Highlights
| Parameter | Details |
|---|---|
| Speculation | Rumored partnership with Apple, creating a buzz in the JASMY community |
| Project Description | JasmyCoin (JASMY) aims to allow users to earn money from their browsing data and transfer it to advertising firms |
| Utility Token | Built on Ethereum, similar to BAT token within the Brave ecosystem |
| Self-description | Calls itself “Japan’s Bitcoin,” focusing on democratizing data in an IoT-enabled world |
| Recent Collaboration | Announced a collaboration with Panasonic in March 2024 |
| Technology Release Plan | Plans to release its technology worldwide as open-source, allowing users to create databases and lock up company tokens |
| Token Lockup | Started locking up 100 million tokens on May 20, 2024 |
| Price History | Initially jumped to $4.39 in 2021, down 96% to $0.392 at the time of the article |
| Circulation Supply at ATH | Less than 10% of coins were present at the time of all-time high, possibly distorting figures |
| Apple Partnership Rumor | No official announcement from either company; rumor originated from a subreddit and spread by media outlets |
| False News Source | Distributed through a subdomain on Binance website |
| Recent Price Increase | Recent 100% price increase potentially due to false Apple partnership rumor |
| Current Trading Price | Around $0.039 |
| Market Capitalization | Estimated at $2 billion |
| Circulation Supply | 49.3 billion Jasmy tokens |
| Price Forecast for 2024 | – Bitpapa: $0.0187 – $0.0240 (average $0.0222) |
| – Changelly: $0.0210 – $0.0225 (possible max $0.0274) | |
| – CoinCodex: $0.1359 in July 2024 (228.23% increase) | |
| – Gate.io: $0.0188 – $0.0605 (average $0.0417) | |
| Price Forecast for 2025 | – Bitpapa: $0.0350 – $0.0430 (average $0.0362) |
| – Changelly: $0.0451 – $0.0601 (possible max $0.0682) | |
| – CoinCodex: $0.0990 – $0.1605 (average $0.1359) | |
| Price Forecast for 2030 | – Bitpapa: $0.0494 – $0.0620 (average $0.0508 by 2026) |
| – Changelly: $0.0735 – $0.0873 (possible max $0.1275 by 2028) | |
| – CoinCodex: $0.0990 – $0.1605 (average $0.1359) | |
| Factors Influencing Price | Market sentiment, demand and supply, technological developments, institutional adoption, regulatory environment |
| Expert Warnings | Predictions highlight the speculative nature of the cryptocurrency market |
| Overall Assessment | Price predictions vary widely; investors should conduct thorough research considering multiple influencing factors |
What is JasmyCoin?
JasmyCoin ( JASMY) is the primary token for Jasmy, the project that aims to allow internet users to earn money from their browsing data and then transfer it to advertising firms. JASMY is a utility token built on Ethereum that serves the same function as the well-known BAT token within Brave. Brave ecosystem.
The project is described by calling itself “Japan’s Bitcoin,” focusing on the concept of democratizing data in an IoT-enabled world.
In March 2024, the project announced a collaboration with Panasonic.
The project has an ambitious plan to release its technology worldwide as an open-source solution, allow users to create their own databases for the network, and then lock up the majority of the company’s tokens.
The project did start an initial locking up of 100 million tokens on May 20, 2024.
JASMA briefly jumped at $4.39 within a short time after it started trading in 2021 and has been trending downwards steadily since then. At the time of this article, it’s down 96 percent from its previous record and is valued at $0.392.
It’s important to note that less than 10 percent of coins were present at the time of the all-time record, and this could cause some distortion of the figures. Nevertheless, prices have risen since the trading began in 2021 and have remained constant since then, providing newcomers to the market with an intimidating price record.
Did JasmyCoin cooperate with Apple?
There is no such thing. JasmyCoin is not affiliated with Apple. There isn’t an announcement from either company that suggests any form of collaboration.
The rumor of a partnership been a result of the project’s subreddit, which was then picked up by various media outlets like CryptoNewsLand, in which it was reported that the Premier of Japan has confirmed that iPhones are expected to incorporate JasmyCoin technology by the time spring arrives.
The fake news was distributed through a subdomain on Binance. Binance website, giving credence to the claim.
Although JasmyCoin’s price was certainly boosted through its partnership with Panasonic and token lockup Panasonic collaboration and the token lockups, the most recent price increase of 100 percent could be explained by the possibility of the possibility of an Apple partnership.
Current Market Overview
According to the most recent figures, JasmyCoin is trading at around $0.039 with an estimated market capitalization of $2 billion. It also has a circulation supply of 49.3 billion Jasmy tokens. The token has seen considerable volatility since its beginning. It reached an all-time record at $4.99 on February 20, 2021, before falling to lower levels.
JasmyCoin price forecast for 2024.
JasmyCoin has been up by 101% in the past 30 days. A precise JASMY forecast right now is difficult because of the ambiguity surrounding the now-debunked Apple collaboration.
Many experts believe that the coin is likely to see the price drop because of the pumping of inaccurate market data initially; however, when dealing with smaller-cap currencies, the fact that prices have increased recently is usually suitable for other people to join in, creating more upward momentum.
It’s also important to be aware that the primary significance of the recent price increase, which could be blamed on the Apple announcement, is doubtful.
Any JASMY cryptocurrency price prediction has been able to account for the possibility of negative effects due to the false partnership reports, even though there is no proof to suggest that JasmyCoin is responsible. JasmyCoin project is the source of the rumors.
- Bitpapa: The forecast predicts a minimum in the range of $0.0187 with a max value of $0.0240 with an average of $0.0222 through August 2024.
- Changelly: there are estimates that JASMY will range from $0.0210 or $0.0225 during June 2024 with a possible maximum of $0.0274 in November 2024.
- CoinCodex: The prediction is for a significant increase in the near future, with the price possibly reaching $0.1359 in the month of July 2024, which is a 228.23 percent boost from the current levels.
- Gate.io: The price range is $0.0188 and $0.0605, with an average price of $0.0417 in 2024.
JasmyCoin Price Prediction for 2025
In 2025 by 2025, the JASMY prediction of the price of its token may be very different. JASMY has experienced a dramatic price decline in the last two years, and many have considered the token to be out of the game. It’s also possible that recent rumors of a partnership could damage the image of the project in the future.
JasmyCoin will have to show the ability to perform in any upcoming ventures, including the Panasonic partnership, to be able to prove itself as a viable investment for more discerning market players.
- Bitpapa: The forecast projects a minimum cost of $0.0350 as well as a top-up price of $0.0430 with an average of $0.0362.
- Changelly: There are estimates that JASMY will fluctuate from $0.0451 to $0.0601 and a possible highest of $0.0682.
- CoinCodex: Forecasts an optimum price from $0.0990 to $0.1605 with an average cost of $0.1359.
JasmyCoin Price Prediction for 2030
In 2030, there’s no way to predict what the next direction for the JASMY coin will look like. Investors will focus on the market sentiment that is seen on social media, the adoption of JasmyCoin’s technology, and the delivery of promises such as token lockups and open technology.
The long-term outlook for JasmyCoin is a mixture of caution and optimism:
- Bitpapa: Forecasts a price in the range of $0.0494 with a max price of $0.0620 by 2026. an average price of $0.0508.
- Changelly: There are estimates that JASMY will range from $0.0735 to $0.0873 in 2027. There is an eventual highest of $0.1275 in 2028.
- CoinCodex: predicts a price that ranges between $0.0990 and $0.1605 in 2030 and an average cost of $0.1359.
If JasmyCoin is unable to meet all of the above predictions, it could remain in a negative direction for JASMY. Projects that fail to meet their 100% expectations and remain in the price band over several consecutive years usually will have difficulty regaining confidence from investors, which makes an optimistic price target for JASMY harder to achieve.
However, If JasmyCoin can turn around the situation, it could have potential, as suggested by the promise of a collaboration with Panasonic. The future of the JASMY coin will depend on the extent to which it is used and if the project team can fulfill their pledges.
Factors Influencing JasmyCoin’s Price
A variety of factors can affect the price of JasmyCoin in the near future:
- Market sentiment: The general sentiment on the cryptocurrency market is a key factor. Positive news, increased acceptance of technology, and other advancements in technology can increase prices, whereas adverse news or regulatory hurdles can cause a negative effect.
- Demand and Supply The amount of JasmyCoin is set by 50 billion tokens. Demand fluctuations, caused by factors like the boost in use, partnerships, or market trends, could significantly affect the price.
- Technological developments: Any changes or improvements made to the Jasmy platform and the greater acceptance of IoT and blockchain technology could affect the value of the token.
- Institution-wide adoption: The widespread adoption of HTML0 by institutions could offer an additional enormous increase in the price of JasmyCoin. In contrast, huge sell-offs from large holders (whales) could result in price declines.
- Regulation Environment Changes in the regulatory environment can affect the value of cryptocurrency. Positive developments in the regulatory landscape can increase the confidence of investors, whereas negative regulations could impede development.
Bottom Line
The predictions of the price of JasmyCoin (JASMY) are based on an array of possible outcomes, which highlights the speculative nature of the market for cryptocurrency. Although some sources are optimistic, forecasting substantial growth, others provide more cautious estimates. Investors should take these forecasts in conjunction with a larger plan of research, taking into consideration the many factors which can affect the value of JasmyCoin.As always, it’s important to conduct thorough research and take into account the inherent risks that come with investing in cryptocurrency. The market is extremely unstable, and prices could fluctuate rapidly depending on a variety of variables. So, investors who are considering investing should take their time and make informed choices through a thorough analysis.
