The author discusses hypothetical scenarios in which Jasmine could reach different price points, and how much it would take to become a Jasmine millionaire at each level. Jasmine is currently sitting at around half a cent with a market cap of around $292 million. If Jasmine were to reach the price of 20 cents, it could have a market cap of $9.5 billion, and one would need to own 5 million Jasmine to become a millionaire. The author believes that Jasmine has the potential to generate significant wealth, and remains bullish on its future.
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Introduction
In today’s video, we’ll talk about how much Jasmine one needs to become a millionaire, and quick disclaimer, these are all hypothetical scenarios, and there is no guarantee that any of it will happen. Also, before we get started, let’s mention that the current price of Jasmine is around half a cent, the current market cap is around 292 million dollars, and the circulating supply is sitting around 95.
Scenario 1: Jasmine at 20 cents
If Jasmine reaches the price of 20 cents, it would have a market cap of 9.5 billion dollars, approximately a 32x from here. At that point, you would need to own 5 million Jasmine in order to become a Jasmine millionaire. 5 million Jasmine, as of right now, is worth 31 thousand dollars. While this might be a significant amount for many people, it’s essential to consider that no other side business or side hustle can turn 31 thousand dollars into a million dollars. That right there shows the potential that Jasmine has in generating more wealth.
Scenario 2: Jasmine at 50 cents
Jasmine, at the price of 50 cents, would have a market cap of around 23 billion dollars. To become a millionaire in this scenario, one would need to own 2 million Jasmine, which is worth around 12 thousand four hundred dollars as of right now. We believe that Jasmine will reach 50 cents during the next Bull Run, considering Jasmine’s excellent fundamentals and use case.
Scenario 3: Jasmine at $1
Jasmine, at the price of one dollar, would have a market cap of over 47 billion dollars. To become a millionaire in this scenario, one would need to own one million Jasmine, which as of right now, is worth six thousand two hundred dollars. Considering that Dogecoin, a meme coin, had a market cap of over 88 billion dollars at its peak, we believe that Jasmine, with its exceptional fundamentals and use case, can definitely reach the price of a dollar.
Scenario 4: Jasmine at $2
Jasmine, at the price of two dollars, would have a 94.8 billion dollar market cap. To become a Jasmine millionaire in this scenario, one would need to own 500,000 Jasmine. If you own 500,000 Jasmine and the price of Jasmine reaches two dollars, you would potentially become a millionaire.
Scenario 5: Jasmine at $3
If Jasmine reaches the price of three dollars, it would have a market cap of over 140 billion dollars, and in this scenario, you would need to have owned around 333,000 Jasmine to become a millionaire. While this might seem more of a long-term goal, we believe that Jasmine will reach this price in the future, considering its excellent use case.
Conclusion
In conclusion, we are extremely bullish on Jasmine, and during the next Bull Run, we believe Jasmine will reach new heights. While the potential to become a millionaire with Jasmine might seem farfetched, it’s essential to consider the potential that Jasmine has to generate wealth. We hope you found this video helpful, and as always, this is not financial advice, and you should always do your research before investing.
