Jasmy Coin's market cap is a key indicator of its value and potential. The market capitalization of Jasmy Coin is around $1 billion, which is a significant milestone for the project.
Jasmy Coin has a total supply of 10 billion coins, but only a fraction of them are in circulation. This limited supply helps maintain the coin's value.
As of the last update, there are approximately 1.5 billion Jasmy Coins in circulation, which is about 15% of the total supply. This relatively low circulation rate suggests that the coin has room to grow.
The low circulation rate also means that investors have a higher chance of getting a good return on their investment as the demand for the coin increases.
What Is Jasmy?
JasmyCoin (JASMY) is a cryptocurrency project of Tokyo-based IoT provider Jasmy Corporation.
Jasmy specializes in buying and selling data, connecting service providers with data users through its platform.
The Jasmy platform was built to restore and protect individual data sovereignty by combining IoT and blockchain technology.
Users have full control over their personal information, and the platform provides a secure environment for data exchange.
Jasmy aims to create an infrastructure where users can easily, safely, and smoothly use data.
Jasmy is a decentralized project that democratizes data using a decentralized model, where data is securely protected and owned by the user.
JASMY is an Ethereum-based token used for buying data from the Jasmy platform and storing it.
Service providers utilize JASMY coins to reward customers who share their personal information.
Jasmy Corporation is established by ex-Sony executives, including Tadashi Morita, Takashi Hagiwara, and Hidehiko Kakinuma.
JASMY did not have an initial coin offering (ICO) event.
Jasmy Coin Details
JasmyCoin is a utility token deployed on the Ethereum blockchain and operates as an ERC-20 token.
The token's main use is to pay for personal data from IoT devices and to protect information on the platform.
JasmyCoin has a maximum supply of 50B coins.
As of May 2022, 4.75B $JASMY coins are in circulation.
48% of the total JASMY supply is allocated to the ecosystem fund.
27% of the total JASMY supply is reserved for investors.
20% of the total JASMY supply is distributed among contributors and the community.
5% of the total JASMY supply is set aside for an incentives program.
Security and Safety
JasmyCoin's smart contract was deployed on Ethereum in December 2019 and was later audited by SlowMist, a blockchain security firm.
This thorough audit process provides an added layer of security for JasmyCoin investors, giving them peace of mind when using the platform. The certificate from the audit is publicly available for anyone to review.
JasmyCoin is also a Japanese cryptocurrency that fully complies with Japanese legislation, which strictly regulates transactions with cryptocurrencies. This means that JasmyCoin is subject to regular financial audits, providing an extra level of accountability.
For storing JASMY tokens, it's recommended to use a hardware wallet, such as Ledger or Trezor, which are considered some of the safest options available. These wallets have undergone rigorous testing and are highly regarded in the crypto community.
Network Security
The JasmyCoin network is secured through a smart contract deployed on Ethereum in December 2019.
This contract was audited by SlowMist, a reputable blockchain security firm, and the certificate is publicly available.
JasmyCoin complies with Japanese legislation, which strictly regulates transactions with cryptocurrencies and subjects them to financial audits.
The company's official registration and adherence to Japanese law provide an added layer of security and protection for investors and users.
In the event of any exposure of investors' or users' savings, Jasmy may be held liable and could face revocation of its license.
Safest Hardware Wallets for Keeping Coins
When it comes to choosing a hardware wallet, safety should be your top priority. Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping your coins secure.
You can get exclusive discounts and promotions on these wallets by visiting the Crypto Deal Directory.
These wallets have been rigorously tested and reviewed to ensure they meet the highest security standards.
For JasmyCoin, Ledger and Trezor are highly recommended for their robust security features and user-friendly interfaces.
You can keep your JasmyCoin safe and sound with these top-notch hardware wallets.
Market and Trading
The JasmyCoin market is quite active, with a trading volume of $62,235,049 in the last 24 hours. This is a significant amount of trading activity, indicating a high level of interest in the coin.
JasmyCoin has a current market capitalization of $1,453,713,838 USD, making it the #67 ranked coin on CoinMarketCap. Its circulating supply is 49,394,999,677 JASMY coins, out of a maximum supply of 50,000,000,000 JASMY coins.
You can find JasmyCoin listed on popular exchanges like Binance, Kucoin, and Kraken, making it easy to buy or sell the coin.
How It Works
JasmyCoin's Personal Data Locker (PDL) allows users to store their personal data and share it with companies willing to pay for it.
The PDL works like a wallet or a safe deposit box for your data, giving users complete control over who accesses it.
Companies and entities can access this personal data only when necessary to provide service to users, instead of keeping records in-house.
The SKC (Secure Knowledge Communicator) facilitates this process with P2P protocols, making it easier for data to be shared securely.
With Jasmy's blockchain technology, tempering with data or stealing it becomes extremely difficult.
The Smart Guardian (SG) allows secure IoT device registration, ensuring that only the data owner can use it.
JASMY, the native currency, is what participants of the Jasmy network pay to one another for various service and data exchange operations.
Businesses that use the user data available on Jasmy also pay JASMY to do so.
Coin Circulation
JasmyCoin has a maximum supply of 50 billion coins.
The circulating supply of JASMY is 4.75 billion coins, as of May 2022. This accounts for a significant portion of the total supply.
The distribution of JASMY coins is as follows: 48% to the ecosystem fund, 27% to investors, 20% to contributors and the community, and 5% to an incentives program.
The current circulating supply of JASMY is 49,394,999,677 coins, as of the last update.
Digital Currency
JasmyCoin (JASMY) is a digital currency that plays a crucial role in the Jasmy network. It's the native currency used by participants for various service and data exchange operations.
The current real-time price of JASMY is $0.0295, with a trading volume of $62,235,049 in the last 24 hours. This represents a significant decrease in value, with a 6.17% drop in the last day and a 26.34% decrease in the last 7 days.
JASMY has a maximum supply of 50,000,000,000 coins, with a circulating supply of 49,394,999,677 coins. The market capitalization of JASMY is $1,455,723,924, ranking it #62 in the market.
JASMY's price has plummeted by 99.41% below its all-time high and is 2,262.62% above its all-time low. The most active exchanges for buying or selling JASMY are Binance, Kucoin, and Kraken.
Here are some key statistics about JASMY's price history:
Lowest Ever
JasmyCoin's lowest price ever was $0.0012, reached on December 11, 2022.
This is a significant milestone for the cryptocurrency, showing how prices can fluctuate over time.
History and Data
JasmyCoin has been around since its launch in December 2019. The first exchange rate of JASMY detected by our platform is $0.2047.
The price of JasmyCoin has fluctuated over the years, with the lowest price recorded in December 2022 being $0.00283. This is a significant drop from its initial price.
JasmyCoin's price has also reached a high of $0.2047 in November 2021, which is the same as its first detected exchange rate. This shows that the price of JasmyCoin has been able to reach its initial value again.
In the first year for which we have data, the JASMY price closed at $0.0851, which is 41.57% up from the open.
The best year for JasmyCoin price was 2024, with an average price of $0.0216. This is a relatively low average price compared to its initial price.
JasmyCoin's market cap is currently ranked #67, with a live market cap of $1,453,713,838 USD. This is a significant amount of money, and it shows that JasmyCoin has a substantial presence in the market.
Here's a summary of JasmyCoin's price history:
Where to Buy and Sell
If you're looking to buy JasmyCoin, you can find it on a variety of crypto exchanges, with over 30 platforms currently listing it.
Some of the most popular exchanges for buying and selling JasmyCoin include Binance, Kraken, and Kucoin, which are the most active and dominating exchanges for JASMY.
You can also find JasmyCoin on Coinbase, Huobi Global, Gate.io, and many other exchanges, with a total of 31 platforms listed as of May 2022.
The most popular trading pairs for JasmyCoin are JASMY/USD, JASMY/USDT, and JASMY/USDT, which can be found on various exchanges including Coinbase, Binance, and Gate.io.
Want to check the current price of JasmyCoin in your preferred fiat currency? You can use CoinMarketCap's exchange rate calculator for a quick and easy conversion.
Frequently Asked Questions
Is Jasmy a bad investment?
While Jasmy's investment performance has been underwhelming so far, its legitimacy and credibility are backed by a strong team and government approval. Further research is recommended to understand the project's potential.
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