JasmyCoin is knowns for its unique approach to data storage, and some analysts are in no rush to sell. One of the loudest voices in that camp is Lee the Captain, who has made it clear that even after this current cycle, he plans to hold at least 10% of his JASMY holdings.
Lee the Captain, through a video on his YouTube channel, explained why he feels so strongly about the long-term potential of JasmyCoin.
He compared its possible growth path to how major assets like Bitcoin and Cardano have developed over the years. While he admitted that JASMY does not have the same popularity as those giants, he sees it as a solid project with fundamentals worth holding onto.
What you'll learn 👉
Why Lee the Captain Is Holding JASMY Long-Term
Lee said that even if JasmyCoin price were to reach $0.25 and then face a bear market drop of 90%, it would still be trading at $0.025, which is higher than its current JASMY price. To him, that is still an acceptable return, and it reinforces why he wants to keep a portion of his holdings no matter what.
He pointed to examples like Cardano’s ADA, which once traded for just a few cents before climbing to $3 in the 2021 bull run. Even after pulling back, ADA never went back to those ultra-low levels.
Bitcoin’s history tells a similar story. Lee believes that while JASMY is on a smaller scale, the same principle could apply, making it unwise for him to sell all his tokens.
Fundamentals That Strengthen the Case for JasmyCoin
One of the biggest reasons Lee the Captain is bullish on JASMY is its focus on decentralizing data storage. He highlighted research predicting the data storage market could be worth nearly $800 billion by 2030.
JasmyCoin’s team includes people who have worked at major companies like Sony, and the project is legally compliant in Japan, earning it the nickname “the Bitcoin of Japan.”
Lee also pointed out that JASMY has relatively few competitors in its niche. Well-known names like Filecoin, Arweave, Storj, and Siacoin make up most of the competition, which leaves JasmyCoin in a strong position if demand for decentralized storage surges.
JASMY Price Prediction and Market Cap Outlook
In Lee’s hypothetical scenario, if JASMY price hits $0.25, that would represent about a 14x gain from current levels. He estimates this would put JasmyCoin’s market cap at around $12.5 billion.
He does not see this as unrealistic, noting that Dogecoin once exceeded $80 billion in market cap and Shiba Inu reached about $40 billion in 2021.
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Lee is not expecting a 100x jump from here, but he does believe that steady growth combined with strong fundamentals could make JasmyCoin a solid long-term hold.
He described it as a project with a market cap that is “not too massive, but not too small,” which fits his personal investment criteria. For him, the strategy is simple, keep dollar-cost averaging, stay patient, and wait for the market to recognize JASMY’s value.
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