JASMY Price Prediction: Analyst Reveals Binance and Top Crypto Firms Targets for JasmyCoin This Bull Run
Matthew Perry, in his new video on YouTube, addressed how high JasmyCoin (JASMY) price can rise this bull run. JasmyCoin was trading at around 2.2 cents with a market cap of 1.1 billion and a trading volume of $61.6 million at the time of the video.
98-99% of JasmyCoin’s total supply is already in circulation, which Matthew attributes to a significant dilution that happened in early 2021. The absence of further dilution is seen as a positive factor for the coin’s future.
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Price History and Movement
Matthew initially invested in JASMY when it was worth 40% of a penny and experienced a significant increase up to 4 cents, marking a 10x return.
Earlier predictions were suggesting JASMY would only reach 3 cents, but it surpassed this by climbing to 4.5 cents.
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Show more +Top Crypto Firms’s JASMY Price Predictions
Changelly provides a conservative estimate, predicting that by December 2024, Jasmy’s price will range between 2.5 and 2.8 cents. This implies minimal growth from the current level.
BitScreener offers a more aggressive long-term prediction, suggesting that by 2030, Jasmy could reach between $3.74 and $114, though these numbers seem speculative.
Binance gives a very conservative outlook, expecting Jasmy to hover around 2.1 to 2.8 cents up until 2030.
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Matthew’s JasmyCoin Price Prediction
The crypto analyst believes that JASMY price has the potential to reach between 10 to 20 cents within this year, particularly if an altcoin season occurs and Ethereum-related tokens rise.
He expects JASMY to surpass 4.5 cents, potentially hitting 7.5 cents before facing some resistance. A rise to 10-20 cents is anticipated, depending on market conditions and potential partnerships.
The prediction is highly dependent on the overall market and the occurrence of an altcoin season. If there is significant bullish momentum or new partnerships, Jasmy could reach these higher price levels sooner.
Matthew is skeptical of expert predictions that seem inconsistent or overly conservative, particularly those that do not account for the full market dynamics or potential supply factors.
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