Can $JASMY reach $1?
Many comments asked for my JASMY long-term price prediction, and many specifically asked if I think JASMY can reach $1.
My answer is straightforward: Yes, I think it is possible that JASMY reaches $1.
Here's why and when this can happen 👇
Let's start with the limitations:
1️⃣ First off, JASMY won't hit $1 overnight. There won't be a single god candle but a bumpy road with pullbacks and corrections.
2️⃣ Secondly, to reach such heights, we need a fully-fledged bull run similar to 2020-2021.
3️⃣ JASMY needs to evolve and deliver the announced partnerships continuously.
If all of the above happens, I don't see a reason why JASMY shouldn't be able to reach $1.
➡️ JASMY has a circulating supply of ~49B tokens and a max. Token supply of 50B.
➡️ Accordingly, at a price of $1, JASMY's market cap would be ~50B.
➡️ To put that into relation, here are a few market cap numbers from the last bull run:
$ADA : 100B
$DOGE : 98B
$DOT: 50B
Therefore, it is definitely possible (based on the numbers) that JASMY reaches a 50B market cap.
🚀 Summarized: The crypto market is full of surprises. However, based on data and numbers, it is definitely possible that JASMY can reach $1.