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What Happened to Jasmy Coin: Price Drop, Recovery, and Challenges

squirrelz by squirrelz
18/08/2025
in Coin
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JasmyCoin (JASMY) is a cryptocurrency project associated with Jasmy Corporation, a Japanese company focusing on the Internet of Things (IoT) and data sovereignty. The project aims to empower individuals with control over their personal data, allowing them to securely share it and potentially monetize it through a decentralized platform.

Here’s a breakdown of what’s been happening with Jasmy Coin:

  • Price history: JASMY launched in 2021 and experienced a significant price boom followed by a sharp crash, falling from an all-time high of $4.79 in February 2021 to a low of $0.0028 in December 2022. This downturn was attributed to a combination of factors, including broader crypto market volatility and concerns surrounding the large total supply of tokens, which were gradually released into circulation causing increased selling pressure.
  • Recent performance: After a prolonged period of low activity, JASMY experienced a notable rally in the first half of 2024, attracting renewed attention from traders and investors . This surge has pushed the token’s market capitalization over $666 million by mid-2025. However, the crypto market is known for its volatility, and analysts have issued warnings about potential price corrections, [according to AMBCrypto].
  • Project fundamentals: Jasmy’s core vision of empowering individuals with data sovereignty in the IoT era remains relevant. The project utilizes a decentralized approach with technologies like the Security Knowledge Communicator (SKC) and Smart Guardian (SG) to facilitate secure data sharing and management. Jasmy has formed partnerships with established companies such as Panasonic, VAIO, and Transcosmos, demonstrating real-world traction.
  • Challenges and controversies: Despite its ambitions, Jasmy has faced several challenges and controversies. These include concerns about the lack of real-world progress, reliance on marketing buzzwords, signs of code plagiarism, and concentrated token holdings. Binance even moved JasmyCoin to its “no-progress projects” list in May 2023. Additionally, some early investors were disappointed by the rapid decline in price following the token’s initial launch.
  • Looking ahead: While the future remains uncertain, Jasmy’s developers are working to rebuild trust and refine their product-market fit. The team is focused on securing more real-world use cases, particularly in Japan, where the coin holds some significance. Binance users, for instance, are [forecasting] the JASMY price to reach $0.024009 in the next five years.
  • Current status (as of August 12, 2025): JASMY is currently trading at $0.0181 with a 24-hour trading volume of $122.686 million. It has a market capitalization of $893.927 million and a circulating supply of 49 billion JASMY coins.

Important Note: The cryptocurrency market is highly speculative and volatile. It’s essential to conduct thorough research and consider your own risk tolerance before making any investment decisions.

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squirrelz

squirrelz

Seasoned cryptocurrency analyst and expert with 10 years of extensive experience in blockchain technology, digital assets, trading strategies, and market analysis for informed investment decisions

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Comments 8

  1. Richard Johnson says:
    3 months ago

    What is the future of the jasmy coin?

    Reply
    • Dr. Edward Brown Sr. says:
      3 months ago

      Good point! JasmyCoin (JASMY) Price Prediction Until 2030
      According to your price prediction input for JasmyCoin, the value of JASMY may increase by +5% and reach $0.023634 by 2030.

      Reply
  2. Robert Q. Peterson says:
    3 months ago

    How many jasmy coins are left?

    Reply
    • Dr. Betty Lopez says:
      3 months ago

      JASMY is -1.70% in the last 24 hours, with a circulating supply of 48.42B JASMY coins and a maximum supply of 50.00B JASMY coins. JASMY ranks 138 by market cap. It has a 24H high of $0.01687072 recorded on Aug 9, 2025, and its 24H low so far is $0.01595946, recorded on Aug 9, 2025.

      Reply
  3. Kenneth N. King says:
    3 months ago

    Can a jasmy coin reach $10?

    Reply
    • Patricia King Sr. says:
      3 months ago

      Market Potential: If Jasmy continues to grow and adoption expands, the demand might spur positive price movements, bringing the coveted $10 figure within reach.

      Reply
  4. David King MD says:
    3 months ago

    Is it good to invest in jasmy coins?

    Reply
    • Dr. Jason P. Young says:
      3 months ago

      Thanks for asking. Jasmy is a solid coin. The 4th quarter lockup will bring some positive movement. Most tokens and coins are purely speculative with no real world use. Jasmy however does. 2024 you will understand and feel a little foolish.

      Reply

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