Jasmy (JASMY) is a blockchain that aims to create an infrastructure where users can process data much more easily and securely.
The platform provides a suitable environment for the realization of data exchange between devices such as computers, phones, and decentralized protocols.
This article will take a deeper look at the Jasmycoin protocol to understand what it is and how it works.
We will also explore the JASMY token, find out its purpose on the blockchain, and make future price predictions for the asset before determining whether it is a credible cryptocurrency investment.
So, let us get started.
What is Jasmy (JASMY)?
At its core, Jasmycoin is a decentralized network that aims to create a suitable environment where users can process and exchange data between devices such as computers, phones, and other blockchains easily and securely.
Most importantly, data can be converted into personal assets on the Jasmy blockchain, allowing users to manage their data.
How does Jasmy work?
With developments like IoT, metaverse, and Web3 becoming mainstream while gathering and exchanging more user data than ever before, there is a high probability of leakage and misuse of information.
The purpose of Jasmy is to secure the Internet of Things (IoT) by providing a platform where users are given the best possible data security when exchanging information.
The blockchain aids businesses and developers involved in IoT with managing their data, even if they employ a centralized management system.
Jasmy even offers equipment like communication and wearable devices for users that connect to the IoT.
What is the Jamsycoin (JASMY)?
JASMY is an ERC-20 token that powers the Jasmycoin blockchain. The native utility cryptocurrency of Jasmy is widely used for transactions on the distributed network. It is also used to purchase products and services on the Jasmy network and to protect recorded data.
There is a maximum supply of 50 billion JASMY tokens, out of which, 48.41 billion units are in circulation. Jasmycoin has a market capitalization of $971.77 million.
JASMY Price Prediction: 2024, 2025, 2026, 2027, 2028, 2029, 2030
At press time, JASMY was trading at $0.02007 – down 5.8% in the last 24 hours.
Based on its current valuation, JAMSY is forecasted to trade within a price range of $0.020237 on the lower end and $0.094849 on the high end in 2024.
As we go into 2025, the cryptocurrency’s price remains unchanged from the previous year.
In 2026, the lowest price JASMY could trade at is $0.016914, and the highest rate it will change hands at is $0.053381.
In 2027, JASMY is predicted to trade between a price range of $0.018523 and $0.037729.
JAMSY is expected to trade within a range of $0.027252 on the lower end and $0.064020 on the higher end of the price spectrum in 2028.
In 2029, JASMY’s valuation can reach a maximum of $0.126585 while the lowest it can go is $0.050843.
In 2030, the highest price JASMY can target is $0.081363 and the lowest price it can fall to is $0.050180.
Where to buy JASMY tokens?
Here is a list of popular exchanges where you can trade JASMY:
Is Jasmycoin a credible cryptocurrency investment?
Jasmycoin is an emerging blockchain platform that is focused on offering data democracy, data security, and data sovereignty to users.
It works in line with the IoT and metaverse by following developments in the sector much more closely to be aware of their potential impact on data exchange and storage.
The blockchain’s native JASMY token is seeing gradual growth this decade, indicating that it could experience a rise in value if Jasmy is widely adopted.
All things considered, I can say that Jasmy is a credible cryptocurrency project because it provides a valuable solution to the problems related to data leaks.
However, as is the case with any other cryptocurrency, JASMY is also prone to extreme market fluctuations. Therefore, it is highly recommended that you do your research before investing in the ERC-20 token deployed on Ethereum.
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