![\"The](\"https:\/\/img.capital.com\/imgs\/articles\/662x308x1\/shutterstock_1110634118_3.jpg\" "\\"The")
Jasmy, a Tokyo-based internet-of-things (IoT) company headed by former Sony executives, launched its native token, JasmyCoin (JASMY)<\/a>, on 10 January 2021 at MXC, a crypto exchange in Singapore.\u00a0<\/p>\n The coin reached its all-time high of $4.2928 on 12 February 2022. But by 25 March the token had fallen by 99.04% to $0.04104.<\/p>\n What\u2019s in store for the JasmyCoin token price prediction in 2022, 2023, 2025 and 2030? Here we take a look at the coin\u2019s price analysis and what factors are shaping its outlook.\u00a0<\/p>\n Jasmy is an IoT company that specialises in the selling and buying of data. The company developed the Jasmy Platform, which connects service providers with data users.\u00a0<\/p>\n According to the project\u2019s whitepaper<\/a>, Jasmy\u2019s central goal is to \u201crealise a Data Democracy by building a decentralised, democratic world where data is protected as inherently owned by each individual\u201d.<\/p>\n Through Jasmy\u2019s data locker, users have full ownership over their data. Service providers have the opportunity to promote their business by utilising the user-owned data. This business model, according to the company, is expected to reduce information security costs.\u00a0<\/p>\n Jasmy was established on 5 April 2016 in Tokyo, Japan, by Kazumasa Sato, former CEO of Sony Style.com.\u00a0<\/p>\n The company aims to solve three main challenges in the digital age:\u00a0<\/p>\n Challenges faced by users, who often send their personal data through IoT devices to companies in return for services. Users may feel uncomfortable with providing companies with their personal data amid rising privacy issues. Jasmy makes sure users can manage their personal data themselves in the same way they choose to manage their finances.\u00a0<\/p>\n<\/li>\n Challenges faced by companies that collect personal information from users but do not provide much security. This could lead to information being leaked. Companies are required to spend a lot of money on system updates and compulsory audits, while not having built a clear policy and plan regarding the handling of customer data in compliance with the regulation, which Jasmy offers.\u00a0<\/p>\n<\/li>\n The limit of data management, which is mostly centralised. This forces users to rely on companies\u2019 centrally managed systems. Jasmy provides a decentralised network infrastructure that prioritises security and trust.\u00a0<\/p>\n<\/li>\n<\/ul>\n To achieve decentralisation, Jasmy offers network and storage based on decentralised technology in the form of a blockchain.\u00a0<\/p>\n The platform\u2019s native token, JasmyCoin (JASMY), was built on the Ethereum network and operates as an ERC-20 token. It is used:<\/p>\n By companies in order for them to be able to utilise user-owned data stored in a data locker on the Jasmy platform.<\/p>\n<\/li>\n For investment, which will create higher demand for data utilisation and accelerate data democratisation.\u00a0<\/p>\n<\/li>\n<\/ul>\n In addition, the Jasmy cryptocurrency aims to guarantee the value of the data stored on the platform by making it available in a secure manner.\u00a0\u00a0<\/p>\n There are 50 billions Jasmy tokens, with over 4.7bn tokens in circulation, according to data provided by CoinMarketCap, as of 25 March 2022. According to the platform, the token has a market capitalisation of $195.2m.\u00a0<\/p>\n The token was launched on the Singapore-based crypto exchange MXC. It did not have an initial coin offering (ICO)<\/a>.\u00a0<\/p>\n The Jasmy cryptocurrency benefitted from a number of listings in February 2021, including on CoinGeckoand Gate.io. By 15 February 2021, the Jasmy token hit its all-time high of $4.2928.\u00a0<\/p>\n Its value dropped by 58.69% to $1.7733 on 19 February 2021. It spiked to $2.9638 on 1 March before dropping by 38.23% to $1.8305 five days later. The coin was listed on the Jubi crypto exchange on 3 March 2021.\u00a0\u00a0<\/p>\n On 8 March 2021, JasmyCoin joined GitHub, giving users a platform where they could discuss the Jasmy Project. This was followed by a 18.53% price surge on its 6 March low. Throughout the remaining weeks of March 2021, the Jasmy token\u2019s value fluctuated between the $1 and $2.20 levels, as seen on the chart below.<\/p>\n The token\u2019s price started to decrease on 31 March 2021. On 16 April, it dropped by 45.42% from $1.8813 to $1.0267. It continued to move sideways before skyrocketing to $2.1584 on 5 May 2021 amid a staking campaign organised by Gate.io, which ran for 14 days between late April and early May 2021.\u00a0<\/p>\n On 5 May 2021, the company’s Chief Financial Officer, Hiroshi Harada, tweeted that the Jasmy platform was looking at cross-chain compatibility as Ethereum gas fees started to increase, in particular the Binance Smart Chain and Polygon networks.\u00a0<\/p>\n In May 2021, the Jasmy token was listed on Bittrex and started to support Trust Wallet and MetaMask. However, its value began to decrease amid negative sentiment in the cryptocurrency markets. By the end of the month, the token was $0.9853 \u2013 a 54.35% fall on its 5 May price.\u00a0<\/p>\n The Jasmy cryptocurrency then plummeted to new lows. The coin lost around 98%of its value\u00a0 throughout June 2021.\u00a0<\/p>\n On 14 July 2021, Jasmy managed to regain some of its value amid news that the platform was collaborating with Sagan Tosu<\/a>, a club in Japan\u2019s Football League A. The spike was short-lived.\u00a0<\/p>\n The Jasmy token started to rally once again in October 2021 following Jasmy coin news that the token was listed on nine new platforms<\/a> and its collaboration with X Digital Innovation on 2 November, when the token reached the peak of $0.2776. On 2 December 2021 the Jasmy cryptocurrency reached another peak of $0.1759. Since then, the token has suffered downward price action.<\/p>\nWhat is JasmyCoin?<\/h2>\n
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JasmyCoin saw a bullish launch<\/h2>\n
![\"JasmyCoin](\"https:\/\/img.capital.com\/imgs\/articles\/750xx\/Jasmy-coin_MCT-4505_EN-1.png\" "\\"JasmyCoin")
<\/p>\nThe start of a bearish trend<\/h2>\n
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