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I see a lot of videos on YouTube lately about Jasmy, does anyone know where they hype has come from and if it is worth investing?

I have spent the last 5 months or so buying the dip in coins I already own to reduce my average buy but now thinking of adding a couple to my portfolio while prices are low and wondering if Jasmy is worth it.

See brief description below I have taken from internet.

The Jasmy project: As the first Japanese blockchain project, Jasmy provides a platform that looks to decentralize device and data coordination processes by using unique computing techniques and providing data security. The project offers some interesting data storage solutions for businesses and individuals alike.

For me, the project looks quite sensible. Created and managed by people experienced in the business world, it has a lot of supporters, especially in the local Japanese community. Importantly, Jasmy is fully complies with the legal requirements of Japanese legislation, which strictly regulates transactions with cryptocurrencies and is subject to all kinds of financial audits. It certainly gives investors a sense of security. Basically, everything looks nice, except for the price, which drops regularly and is extremely low relative to ATH (ATH = $4.99, current price = $0.006). Certainly, the presence of the token on the world's leading exchanges allows you to think about profit, taking into account the current price, but I have doubts whether it is a good investment in the long term. DYOR.

I have not heard anything on social media. I'm curious how do these people on youtube sound like? I would stay away if they only talk about the positives like a typical salesman would do. It's already a huge red flag if they're somewhat connected to the project.

Another thing you have to look at is if they had a token sale and accepted investors or buyers from the US. You don't want to be bothered by an SEC inquiry or lawsuit in the future hehe.

I looked at it and haven't been this confused for a while.

White paper is in Japanese only, which seems weird approach for any future adoption. So i am assuming if you invested you must know some where to get more info.

From the English on their web pages i get that their whole idea seems to be all over the place. I don't have a clue what they have build already and how this Jasmy IOT platform is supposed to work.
Are they giving people a way to sell their customer data as behavior and consumption patterns to companies?

Trying to monetize big data via blockchain isn't anything new but i never got the idea why anyone would be interested on that. If you try to sell your own data via blockchain, how much you think it's going to be worth exactly?

And why is the blockchain even needed for this? Is your customer data really such a high op sec that you need decentralized ledger and military level encryption to protect it? Yet everyone gives it for free for most the phone apps and web pages that can sell it forward without you knowing it.

With all of the hype that I've heard about it, it didn't really go well. Well, it might still be under the radar of many but it's all up to you guys if you think that something good might happen on this. Only those believers in this coin will do much research about it but someone like me, I don't spend a lot of time researching it. I've heard good things about it, but despite that, the market of it also experienced a bear market. It's still on good exchanges so, its volume is being supported by those traders that are into those big exchanges. Btw, looking at their website, it doesn't really tell a lot about the project but the people behind it and its company profile.

If you think hype all over with it on any social media platforms then have a try since maybe you can earn with investing on it since as you said many people talk about this project. But don't let yourself fall on promises and sell immediately once bullish scenery occurs already since if you let the devs or other investors sell first then maybe you became a bag holder. This cycle repeats so better be wise on investing than be sorry later on.

if the project continues to develop under any circumstances they will continue to develop but it takes time, i see jasmy project doing real development, so in this case let's say jasmy is worth investing in, this is just my personal opinion.

this is a project that has a very low price even though it is already listed on major exchanges as binance, in my opinion this shows that investors are not seeing this project as a project that will have a high price and for that reason investors are not investing in this project , you need to know what you hope to achieve if you put money into this project, do you believe that this altcoin will one day reach more than 5$? or to 1? if you buy, what profit do you expect to make? 4x, 10x? and how long will you be willing to hold to get such a profit?

when you analyze all this, you will see whether or not you can put money in this altcoin which in my opinion will not have high prices something like 10$ even if years pass

Any more thoughts on this?

I now hold 40,000 Jasmy and wondering if I should stop at 50,000 or 100,000.

Apparently there is going to be a lock up in Q4 this year which is supposed to push the price up.

The current price is $0.0063 - price predictions for next years bull run range from $0.20 - $2.00.

Some of the predictions are over the top but you never know, altcoins have pumped over 200x before.

I will be happy with a 10 or 15x though

In any case the project still is on mid tier level and has a lot of room for improvement. Im not sure how long it will take to fly but when bull season arrived. Surely this could be a multiplier of 10x, 20x and 50x. But you need to take a deep review if the project has several plans for their platform or any form of development been working on to make sure you have been supporting a great team of course.

Been a while since I even thought about Jasmy and noticed today it has pumped 100% this last week.

Anyone holding at all? Current price is $0.01 and hoping it can reach at least $0.25 this bull run.

I'm really happy for you, despite all odds and the skepticism of investing in new projects, because many of them are scams, you still went ahead to believe and invested in this jasmy project, now it has pumped %100, it's really good. Don't be surprised that it's giving you returns on investment now, when Bitcoin is headed to bull run, it'll activate many coins/tokens to also be pumping, because investors will want to diversify their crypto investments to make more profits, therefore prices will be going up. Investing in projects that is not Bitcoin or top altcoins is risky, but I'm happy for you that the one you invested in is yielding you profit now.

You have to take risks a lot of the time to make good money.

I mainly invest in altcoins & my portfolio is +43% currently.

Some of the altcoins I invest in might go to zero, but more will see great returns and outweigh the few that will go to zero.

It has created a good history in intitial stage where it's attract whales and gives 10x profit to early investors. Later this tokens lost its value and continue down fall. I don't see any potential in this coins and I think it is same token like other pump and dump. I have seen many times Jasmy coin in Binance gainer list but after some days its again dump to that price where its pumped. I think there is no real potential in this coins. It is better to invest in other coin or invest very small amount and forget it until any miracle happen and its start pumping like memes coins. Currently Jasmy is trading at 0.01$ which is 36% up in 24 hours but after 2 days you will see that price will again dump to 0.008$. If you are active traders then might be beneficial otherwise I don't think you will get profit just by holding for long term

Since one year ago, it's near to 100% increase. But I am not impressed with its chart. Look at how deep the dip was and I don't think that there will be some recovery that will make it at ATH. With your price target, it's better if you'll decrease it a bit because you'll never know if that will be reached during the altcoins season. The high of it was during the launch time and note that it was also the bull run, so you think if it's going to be able to pass and be on that price.

Lets see what happens - I think it reaching $0.25 this bull run is possible but I will start taking profits @ $0.05.

For me, such a project is not worth the investment. If the project is highly organized and legal, it will not decrease the ATH by more than 90%. Good projects do not do that and quickly rebound, which is not what happened.

A decline like this is not promising, and it is rare for the currency to return to 10% of its old levels, so set the ATH to $0.1, and it may happen in a bull market or it may not happen.

Generally you would not want to get your information from youtubers because most of the time they are paid to advertise coins. Even if the coin has no actual potential, they will still try to sell it and only market the positives. Which is why most coins that are mentioned by youtubers or social media influencers are coins that should be stirred away from.

Even though coins are naturally volatile, Jasmy is inconsistent and has really huge dips. Maybe it’s possible to enter the market during the dips and sell once it goes up again because its price increases a lot from time to time. I guess you could find some profit if you trade for short-term with Jasmy.

We are only 2 months from Bitcoin halving so Bitcoin & altcoins are expected to rise in price soon so will see what the next few months bring.

That's possible but the most important part that you must do is to check about taking profits. No matter how high it can be back for this bull run if you don't have target prices then you're mostly wasting your time. And that's the reason why you should check it out upon doing so. So, if it's close to that target price of yours, sell. And as you observe, you have to wait until the right time comes if it's going to exceed on that part or not.

Time is coming that the world will be full with cryptocurrency that people will be confused which one to invest because every day new project is landing the forum and I am afraid of this cryptocurrency explosion. I just checked the coins Coingecko and this is what I saw $0.01407. Ehn, I will only say those who are investing on multiple projects should be careful because most of those projects are from scammers. And in these days scammers are not just scamming people for a short time again but they would accumulate more victims to the project first and that in sometimes takes years and when they hit the scam button it affects many people.

So be careful. There are Ponzi Scheme cryptocurrency project in the ecosystem now. And make sir you detect them early so you won't fall in their traps. Be guided.

You see, one thing about all these YouTuber/crypto analyst on social media is that, most times they over hype a project. Though some time the project turns out to move according to their predictions but I must advice that no one is an island of knowledge. It's better you stick to your own research and thoughts after all you have been investing in other coins without the advise from anyone. And I want you to also be cautious of scam projects because they can seem to be a promising coin at first but in real sense they are just shitcoin waiting to get the right amount of market cap.

Data storage is a big market in crypto, but there aren't too many projects out there. The only major cryptos that provide data storage services are ICP, FIL and AR. Though the market is big and there aren't too many player but it won't be so easy to make a position in the market for a new project when project like ICP and FIL are already billion-dollar projects. But i think you have done a good findings and the bull season is near so i think its worth investing an small amount because the chance for loss in a bull market is nominal.

If you analyze the market properly you will see that these projects have not yet established a position in the market. New projects can't hold their position for a long time because the number of investments is low to cheat the market. During the bull season everyone is investing in valuable coins that are in the market top 5. Never expect good results from these new projects. I will pick the right currency even if it is a small amount.

Jasmy hit $0.019 few hours ago - this was almost a 4x for me so I taken out half my investment.

Hopefully it can continue to pump but do expect pullback soon.

Been a few months since i even thought about Jasmy but noticed it has been pumping last week or so hitting highest price for 3 years yesterday of $0.032.

I have taken out my investment and now holding 150K Jasmy for free - looking back now i wish I bought more when it was below $0.01 but I see many saying this could hit at least $0.50 so it can still be a great return for me.

Anyone else invested in Jasmy or have any thoughts on how high it can go over the next 6-12 months?

Im still holding my jasmy, have you regret it your decision to sell a half of your jasmy?  :D :D :D

There is a chance for the last wave to happen soon. Im still expecting that jasmy will be back again to the 2,5 cents very soon following the current chart which has been topping. The correction will come. Im thinking to sell some.

What do you think about this? Shall i sell now? The marketcap is already very high at this moment. I can't even be optimistic to believe jasmy to touch 3 billions marketcap. Seems like that we may be able entering a new yearly high as long as it will be listed on UPbit.

DWF labs have been selling their jasmy. Im thinking now to cash out my token. ATH is impossible to happen.

I too just saw Jasmy a few days ago. It already seem to be listed on top exchanges and it was one of the most traded coins so I had a look.
They see to be a real utility coin based in Japan that aims at creating and managing IOT devices. They appear to be legally registered in Japan that may have made people believe it would be a safe thing to invest into. The whitepaper is in japanese and most of their social media posts are in Japanese. They seem to have a focus inside Japan.
As for investment, they have rose huge in last week and there would surely be a correction. It would be wiser to wait for a price decrease as the current price feels overvalued.

I do not regret taking out my investment no, I now have a risk free bag that will either go to zero or turn into thousands of dollars. I am holding until $0.10 at least until I take my first bit of profit.

Our investment is basically made for enormous profits and growth. We can make our investment in appropriate standards and be in massive profits. JASMY is $0.03139 at current price. It's one of the promising projects to look out for but at same time we should take good means to cool down and make thorough research. The market comes with high rate of volatility but we should be careful enough not to get entrapped with the market.

i thought the token was a memecoin as was promoted by one influencer on youtube. i got used to watching influencer promoting memecoins already that every time i see them shill something i now assume its another memecoin.

just today i can see its growth up to 55.11%, what a pump.
seem not too late to join the party. its ATH in the previous bull market was $0.27. so it must be a good token.

     According to my data research, if the maximum is around 50 billion and the circulating supply is around 48 billion, then the market cap is around 1.5 billion dollars. So literally speaking, if I look at it, its track record is pretty good.

     Then it is listed on Bitget, Bybit, and Kucoin, which are included in the top exchanges in the market, so it is not bad to consider. So, what I can say is that if you want to invest here, you can make a profit here in the bull run, but I can't assure if it will cost $1  because the market is so unpredictable.

source: https://www.coingecko.com/en/coins/jasmycoin

This is a new clone, right? This is the first time I have heard of this coin. And apparently, it turns out this is an old coin, it's been around since 2022. And I thought, now it's dead like the others, but in fact it still survives to this day. In fact, in the last 7 days, this coin has experienced quite a good increase. Take a look at this graph. However, with a chart position like this, is it still worth it to enter now? Or will that actually be risky because we don't know what the highest point of Jasmy's price will be? This is the risk when you want to enter altcoins that are not top.

https://talkimg.com/images/2024/05/31/LbZzj.jpeg
Coingecko

While the ATH of this coin is $4.79, it is still down more than -99.9% compared to the current price. I'm also not sure if the price of this coin will return to its previous ATH. So, if it is for a short term or to achieve a certain target, it may still be possible, but if the target is to reach ATH, then it will be quite difficult to do.

Lalabotax - you can get in now but the returns are limited. I was buying 6-9 months ago near the bottom that was the time to get in.

But if you are happy with a 10x return then go for it , if you get a 10x return from current price then that will mean a 50x return for me so it just shows how important it is to get into these altcoins early.

I invested a small amount of capital with JASMY at the time the market valuation was about $200m. I actually knew about it from the first days of launch but always watched for opportunities to invest, and perhaps it was the right time. The point where I realized this coin is undervalued compared to its potential. It is speculated that my expectations for JASMY will be even higher because at the moment we are only at the beginning of the growth cycle. Perhaps it is not because we are making profits that I feel comfortable with, but I still have expectations. JASMY's capitalization will surpass $10b before thinking about making profits. Anyway, everyone will have a strategy to approach their favorite coin and just accept any situation that is possible.

This is the first time in a while that I have heard someone bring this project up. It’s true that it seems to be doing well now and those who were lucky or maybe smart enough to have bought lots of units before can now reap their rewards.
I wouldn’t be too optimistic to be honest. It can probably be just a temporary ath reach and then go down again in a few months.

Jasmy continues to pump reaching a new all time high a few hours ago of $0.037.

I have read the reason for this recent pump is the news they are linked with apple which I hope is true as that would be very bullish for the upcoming bull run peak over the next 6-12 months. For anyone interested, see link below.

Jasmy at a price of $0.25 would give me a 50x return and I think that is now possible this bull run, I see some even say it could reach $1 but I think that’s unlikely.

https://www.tradingview.com/news/newsbtc:bbf87077e094b:0-rumor-of-apple-partnership-sends-crypto-altcoin-soaring-by-20/

This is my first time if hearing about project like this one and I think I need to understand the concept because I can assume the safety and whether it could be suitable for other investors like myself. Crypto market has houses thousands of cryptocurrency projects and we need to keep making good decisions so that we can always make money from the crypto space.
Their are many undervalued projects that if we invested our funds into them, they project could move well with bigger profits.

I also bought Jasmy coins but they only lasted a short time and I didn't hold them for long. I personally see that whatever type we want to buy, whether jasmy or other than jasmy, the profit is the same, as long as we are willing to hold on and be patient for a certain period of time, especially if when we buy it we immediately get a jackpot (pump) the price will be really exciting again.

For the last one year, it really is showing that you've made a good gain with it. And if you're waiting for $0.25 for you to have a 50x gain, it is going to take time before you finally see that. Honestly, its entire chart doesn't show any significance and impression. But with the last one year that it has got, the visibility of its gain is there. And with all rumors and such, most of them are for the gains and clout, so while the rumor is fresh and there, you only need to make a choice whether to hold it and wait for that gain of yours.

And to say that it has reached to $0.037 as its new all time high, no - it is not its new all time high. Because the price of its ATH was $4 during its launched and it hasn't break that price yet. If you're saying that you have this goal for the long run, good luck to you because we don't know what this bull run is going to make. Those that have held it for sure have bought it because it's a "japanese" token and many have thought that it is going to have significant pump. And that's the reason that I don't believe with such anymore because of rumors and hearsays.

Passwordnow - let’s see.

We still have 6-12 months of the bull run to go and during the real parabolic stages altcoins pump a lot faster.

I will continue to hold my Jasmy as it is now a free bag so will just hope it continues to do well for the rest of the year and start taking profits around $0.10.

Yes, we'll see. This bull run is still long and we probably aren't yet on the midst of it so, you're right that this is going to give a long time for your coin, jasmy to move that much. We don't know about when the parabolic move shall occur but we'd definitely going to see it for Bitcoin. And once it happens on it, then the altcoins are going to move alongside with it, no doubt.

Okay, good luck. If that's a free money on your bag then there's nothing to worry about it as you've got a floating money and it's possible to multiply for the upcoming months or even for next year. Your very only problem here is if you think that you need money and all you gotta do is to sell it and cash it out. But as long as you don't need it yet then all you have to do is wait and hope for the best.

It seems like the bitcoin halving has given some space for jasmy to actually increase in price. Now the question would be is will this be maintained in the next few months? We want a constant and stable increase even if it is not by a huge margin. You can always hold it for long term and then sell it once it reaches your target price. The bull run can make lots of altcoins grow so we shall see.

this is not the first that the Japanese have a coin for their people though. i remember Noah coin (https://coinmarketcap.com/currencies/noah/) but it turned out that coin was a scam. So we shall see.

Jasmy however has been around in one crypto cycle so this had survived one wave of bull and bear season which is considerably a big milestone for this project. the main point is that, this hasn't turned out to be a scam.

Honestly when talking about hype, I don't know when the JASMY coin was hyped. is it worth investing? quite decent, as it is ranked 61st CMC and a huge 24th volume. This means that this coin still has many fans and is still actively traded by investors. But I don't know much about this altcoin and I can't recommend anyone for long term investment. If you want a long-term investment, you have to do more detailed research to find out the future prospects of this altcoin.

     Yes, and we still have 2 or 3 months to go before the price of Bitcoin really takes off, so we still have a few months of opportunity to accumulate crypto assets that we want
to accumulate in our wallets.

     Now, here in Jasmy, from what I can see, if you just hold it in the short term, it's okay in my opinion because its previous ATH was at 4.3$ something, so at its current price of 0.03$,
it's okay to consider that it has potential, and the market cap and volume that it has are also fine.

I know someone who has been accumulating jasmy for awhile and has continued to try to get me to but in.  Kind of wished I did, I think it's gone up 10x since they told me.  I think they made some type of partnership with Apple they told me.  Also think ex Sony employees are on the dev team.  Might be worth looking into at this point.

From current price I think Jasmy can still 10x at least this bull run which would give it a price of $0.35.

If you are happy with a 10x then feel free to invest but the time to get in was 6 months ago for the real returns when it was below $0.01.

A lot of people were calling it a scam when it was below $0.01 but those of us who took the risk and saw the potential are now being rewarded.