JasmyCoin (JASMY-USD) price predictions are a hot topic among crypto traders on Thursday as they wonder if the token will continue to fall.
The price of JASMY took a beating on Wednesday following an update from the Binance (BNB-USD) exchange. Specifically, the crypto exchange moved JasmyCoin to the “Innovative Zone,” which is home to speculative and unproven cryptos.
News of that shift alarmed investors in JASMY yesterday and saw the token lose value. The news even prompted a response from the development team behind JasmyCoin, which also wasn’t happy with Binance’s decision.
It doesn’t look like the downward movement is over for JASMY, either. The crypto is falling again today. That has some traders seeking asking how far the crypto could fall or if JASMY can make a comeback.
Let’s get into that below with the latest JasmyCoin price predictions.
JasmyCoin Price Predictions
- Starting off our price estimates is DigitalCoinPrice with an average 2023 estimate of $0.00962 for the crypto.
- Next on our list is Gov Capital with a prediction for JASMY to drop to $0 over the next year.
- Finally, WalletInvestor offers a one-year price estimate of $0.000437 per token for JasmyCoin.
How do these JasmyCoin price predictions stack up? Considering that the crypto trades for $0.004835 at the time of this writing, things aren’t looking good in the long run for investors. It’s also worth mentioning that JASMY is down 10% over the prior 24-hour period.
Investors looking for more of the latest market news will want to keep reading!
We have all of the most recent market news traders will want to keep in mind on Thursday! Among that is what has ImmunityBio (NASDAQ:IBRX) stock, Bloom Energy (NYSE:BE) and Tesla (NASDAQ:TSLA) stock moving today. You can check out all of this news at the following links!
More Thursday Stock Market News
- Why Is ImmunityBio (IBRX) Stock Down 54% Today?
- Bloom Energy (BE) Stock Plunges on $500M Offering
- TSLA Price Prediction: My Tesla Price Target for 2025
On Low-Capitalization and Low-Volume Cryptocurrencies: InvestorPlace does not regularly publish commentary about cryptocurrencies that have a market capitalization less than $100 million or trade with volume less than $100,000 each day. That’s because these “penny cryptos” are frequently the playground for scam artists and market manipulators. When we do publish commentary on a low-volume crypto that may be affected by our commentary, we ask that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.
Read More: How to Avoid Popular Cryptocurrency Scams
On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
