GROK Predicts JasmyCoin (JASMY) Price in August

JasmyCoin (JASMY), had a volatile month in July. The price started around $0.013, shot up almost 60%, then dropped 28% to finish at $0.0149. At one point, it hit $0.01 and later touched $0.02. Overall, it gained 18% overall in July.

Since February, the JasmyCoin price has mostly stayed between $0.01 and $0.03. It dropped to $0.0082 briefly in April but quickly bounced back.

Meanwhile, Bitcoin hit $123,000 last month and is now down to $114,600. That drop could affect smaller coins like JASMY. To understand what might happen next, AI analyst GROK from xAI shared a prediction.

JASMY Price Chart What’s Moving the JasmyCoin Price?

GROK says JASMY follows the overall crypto market. When Bitcoin and Ethereum go up, JASMY usually rises too. But when Bitcoin falls, altcoins like JASMY often take a hit.

Social media also plays a role. JASMY fans on X are very active, calling the token a future moonshot. Trading volume even hit $200 million in July.

The number of tokens is another factor. JASMY has a max supply of 50 billion tokens. Right now, about 48.42 billion are already in circulation. Only 20% of those are on exchanges, which means fewer tokens are ready to sell.

JasmyCoin also has real-world use. It focuses on data control and IoT. The project already has deals with Panasonic and Transcosmos. GROK says new deals or tech updates could help the JASMY price. But other projects like Filecoin are also competing in this space.

Here’s a simple breakdown:

What Affects JASMY Details Bitcoin price JASMY usually follows Bitcoin’s direction Social media buzz Big hype on X, $200M volume in July Token supply 48.42B out of 50B already in use, only 20% on exchanges Partnerships Deals with big brands like Panasonic and Transcosmos Competition Filecoin and other projects in the same industry

JasmyCoin Price Predictions for August

GROK gave three possible price paths for August.

Bullish PredictionBitcoin goes back above $115,000 and JasmyCoin announces something new. In that case, GROK sees the JASMY price rising to $0.022.

Neutral Prediction:Bitcoin stays between $110,000 and $115,000. GROK says JASMY will likely trade between $0.014 and $0.016.

Bearish Prediction:Bitcoin drops toward $100,000 and JasmyCoin gives no updates. The JASMY price could fall to $0.011.

Read Also: Top Analyst Reveals What Ripple (XRP) Price Will Do in August and September

What to Expect Next

GROK says the JASMY price in August depends a lot on Bitcoin. If Bitcoin recovers, JASMY could move up. If Bitcoin keeps falling, JASMY might go lower.

News from JasmyCoin is also important. New partnerships or product updates could help the price. The community on X is still active, but excitement alone is not enough.

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