Blockchain technology offers robust security features, yet there are concerns about potential vulnerabilities in Web3 applications, particularly regarding data breaches. Jasmy Coin has taken significant strides to address these challenges, ensuring that data remains secure while embracing decentralization. As the native cryptocurrency of the Jasmy platform, it underpins all activities related to data protection within this innovative ecosystem.
This Japanese initiative addresses the complex data-related issues that arise with advancing technologies. Fields such as the metaverse, blockchain, and the Internet of Things are prime areas where Jasmy aims to safeguard user data effectively.
A crucial component of the token’s system is the Secure Knowledge Communicator, a technology specifically designed to tackle the challenges of security, privacy, and data management in the IoT space. It integrates advanced data management techniques with blockchain’s organised and immutable ledger, offering a comprehensive and secure solution for data exchange and storage.
The success of Jasmy’s vision to transform IoT data management and security hinges on its ecosystem’s growth and development. By expanding its ecosystem to incorporate a wide array of IoT devices and services, Jasmy aims not only to enhance the platform’s functionality and user experience but also to establish a more integrated, secure, and user-centric data economy.
What is Jasmy Token?
JASMY is a tokenised platform leveraging blockchain and IoT technologies to democratise data usage, providing a secure and decentralised framework for individuals to control and safeguard their personal data. The platform empowers consumers to manage and store their data securely, granting businesses access only with explicit user consent. JasmyCoin, an ERC-20 token built on the Ethereum network, has a total supply of 50 billion tokens.
The Japanese government, through agencies like the Virtual Currency Exchange and Financial Services Agency, has preliminary recognised Jasmy’s technology and token issuance strategy. This acknowledgement, coupled with the company’s extensive industry connections and pioneering products, positions Jasmy to potentially set industry standards for data supervision and personal information management in Japan’s financial sector.
This would not only strengthen Jasmy’s leadership in the market but also accelerate its market share growth, establishing JasmyCoin as a preferred trading currency.
JasmyCoin Boosts Data Security with Major Partnerships in Japan
Businesses aiming to mitigate information security risks or comply with data security regulations are required to utilise JasmyCoin for related transactions. Additionally, individuals can use JasmyCoin to trade goods and services with merchants, sharing relevant data with trusted companies, thus fostering a positive feedback loop.
Jasmy has also partnered with notable corporate clients in Japan on operational projects, including Witz, a travel solutions provider serving major clients like Toyota and Panasonic; Transcosmos, the country’s largest call centre operator; and the well-known notebook brand VAIO.
JASMY Technical Analysis
As of press time, JasmyCoin is trading at a price tag of $0.02017, showcasing a slight decline of 0.27% over the past 30 days. At the start of the month, JasmyCoin was priced around $0.02045, experiencing minor gains and losses in the days that followed. A significant upward movement was observed around August 22, where the coin reached a peak above $0.024, showcasing a period of bullish sentiment.
However, following this peak, JasmyCoin encountered resistance, leading to a subsequent downward trend that saw the price decline sharply, dipping below $0.019. The market’s response during this period highlighted a mix of profit-taking and cautious sentiment, possibly due to broader market conditions or specific events affecting the cryptocurrency.
As of the latest data, JasmyCoin’s market cap stands at approximately $994 million, marking a 3.23% increase, suggesting that while the price faced some decline, the overall market value of the coin saw growth, potentially driven by circulating supply and trading activity. The volume-to-market cap ratio is at 6.48%, with a 24-hour trading volume of around $63.9 million, indicating a relatively active trading environment for JasmyCoin.
The circulating supply of JasmyCoin is currently reported to be 49.3 billion out of the total 50 billion tokens, representing 98.6% of the total supply in circulation. This near-full circulation may contribute to the current price stabilisation, as most of the token supply is already in the market.
Looking ahead, the price chart suggests that JasmyCoin could face continued resistance at the $0.021 mark, with potential support forming around the $0.019 level. Investors may need to keep a close watch on market developments and trading volumes, as these factors could influence the next major price movement for JasmyCoin.
Overall, JasmyCoin’s performance over the past month reflects the broader dynamics of the digital money economy, where periods of excitement can quickly be followed by corrections. The coming weeks will be crucial in determining whether it can break past its lately opposition or if it will continue to consolidate within its current spectrum.
JasmyCoin Technical Analysis: Navigating Key Support and Resistance Levels
JasmyCoin is currently trading at $0.02010, reflecting a essential 9.12% increase, according to the latest weekly chart. This uptrend follows a period of fusion, with the costs finding crucial assistance at the $0.01591 stage, a region corresponding to the 78.60% Fibonacci retracement level. This level has proven to be a robust support zone, helping to prevent further declines.
The chart indicates that JasmyCoin has been fluctuating between key Fibonacci areas . The coin’s value has encountered resistance near the $0.02650 mark, which aligns with the 50% Fib. This obstacle has been challenging to break, leading to a downward correction towards the 61.80% Fib level around $0.02046, which now acts as a critical assists region.
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Momentum signs show mixed signals. The Relative Strength Index is hovering near the neutral zone, currently at 54.61, suggesting that the sale is not yet overbought or oversold. This could imply that JasmyCoin has room to move in either direction, depending on financial conditions and investor sentiment.
The Moving Average Convergence Divergence illustrator is showing a slight bullish crossover, with the MACD line at 0.00234 and the signal line at 0.00060. However, the histogram displays limited energy, suggesting that the lately costs increase might face challenges sustaining its upward trajectory without additional buying pressure.
The general technical outlook for the currency suggests that it is in a consolidation phase, with the possibility of further gains if it can break through the $0.02650 resistance stage. However, failure to maintain help at the $0.02046 level could see the fee retest the $0.01591 backing zone. Traders should keep an eye on the RSI and MACD indicators for signs of conceivable trend reversals or continuations.
As JasmyCoin navigates these critical support and resistance stages, market participants will be closely monitoring how the price action unfolds in the coming weeks. The interplay between these technical indicators and Fibonacci levels will likely dictate the next vital move for JASMY, making it essential for traders to stay vigilant and adjust their strategies accordingly.
JASMY Price Prediction
Price Prediction | Potential Low($) | Avarage Price ($) | Potential High($) |
2024 | 0.015 | 0.013 | 0.021 |
2025 | 0.025 | 0.035 | 0.056 |
2026 | 0.097 | 0.051 | 0.178 |
2027 | 0.136 | 0.552 | 0.784 |
2028 | 0.264 | 0.697 | 0.925 |
2029 | 1.023 | 1.571 | 1.891 |
2030 | 1.792 | 1.670 | 2.752 |
JASMY Price Prediction 2024
In 2024, JasmyCoin is expected to experience a conservative trading range, with potential lows around $0.015 and highs reaching up to $0.021. The average price is projected to be approximately $0.013. This year might be marked by cautious market sentiment, possibly due to broader economic conditions or specific developments within the cryptocurrency market. The modest price range suggests that 2024 could be a year of consolidation and gradual growth rather than dramatic spikes in value.
JASMY Price Prediction 2025
Moving into 2025, JasmyCoin could see a more optimistic trajectory, with prices ranging from a low of $0.025 to a high of $0.056. The average price is anticipated to be around $0.035. This year may witness the beginnings of a more robust bullish sentiment, potentially driven by increased adoption of JasmyCoin’s underlying technology or positive developments in the blockchain and IoT sectors. Investors might start to gain more confidence, leading to a stronger upward movement in prices.
JASMY Price Prediction 2026
2026 is projected to be a pivotal year for JasmyCoin, with predictions indicating a potential low of $0.097 and a high of $0.178, with an average price of $0.051. The substantial increase in the projected price range suggests that this year could bring significant gains for investors. The growing integration of JasmyCoin in various sectors and its potential role in data management solutions could drive this upward momentum, making 2026 a year to watch for substantial returns.
JASMY Price Prediction 2027
By 2027, JasmyCoin’s price is expected to soar, with lows around $0.136 and highs potentially reaching $0.784. The average price might settle around $0.552. This year could mark the beginning of a full-fledged bull market for JasmyCoin, fuelled by widespread adoption and increasing demand for its use cases. The impressive price predictions suggest that investors who have held their positions may begin to see significant returns on their investments.
JASMY Price Prediction 2028
The bullish pattern is expected to continue in 2028, with prices possibly ranging from $0.264 to $0.925, and an average price of $0.697. JasmyCoin might experience steady growth throughout the year, driven by ongoing advancements in blockchain technology and its applications. The sustained upward trajectory indicates strong market confidence and a growing user base for JasmyCoin’s ecosystem.
JASMY Price Prediction 2029
2029 could be a year of remarkable growth for JasmyCoin, with lows projected at $1.023 and highs conceivably reaching $1.891. The average price is expected to be around $1.571. This year might see JasmyCoin breaking into new price territories, establishing itself as a major player in the cryptocurrency market. The essential costs increases could be attributed to large-scale adoption and integration into various industries, solidifying its position in the market.
JASMY Price Prediction 2030
By 2030, JasmyCoin could achieve unprecedented levels, with price predictions ranging from a low of $1.792 to a high of $2.752. The average price is forecasted to be approximately $1.670. This year might represent a new era for JasmyCoin, where it becomes a staple in the cryptocurrency environments. The important costs growth suggests that JasmyCoin could be recognised as a leader in data management and blockchain technology, offering essential value to both investors and users.
FAQs
This year, the price of the token is expected to reach $0.178.
By the end of this year, there are high possibilities of prices reaching $2.752.
Based on our analytical data, JASMY could not hit this target by 2030 if it continues with the current pace and movement in which it is going. The highest price is to reach in this year is $2.752.
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