JUST Self Reported Market Cap Hits $364.08 Million (JST)

JUST (JST) traded down 7.1% against the dollar during the one day period ending at 9:00 AM E.T. on January 13th. One JUST token can now be bought for $0.0368 or 0.00000040 BTC on popular cryptocurrency exchanges. JUST has a market capitalization of $364.08 million and $52.06 million worth of JUST was traded on exchanges in the last 24 hours. During the last week, JUST has traded 20.9% lower against the dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 3.5% against the dollar and now trades at $91,046.16 or 0.99898143 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.5% lower against the dollar and now trades at $90,279.29 or 0.99056706 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About JUST

JUST was first traded on May 5th, 2020. JUST’s total supply is 9,900,000,000 tokens. JUST’s official website is just.network/#. JUST’s official message board is medium.com/@tronfoundation/the-testnet-of-the-tron-based-stablecoins-lending-platform-successfully-completed-platform-662e0649209f. JUST’s official Twitter account is @defi_just and its Facebook page is accessible here.

According to CryptoCompare, “UST is a decentralized finance (DeFi) ecosystem built for the TRON blockchain. It is an entire suite of products that are mostly centered around a decentralized stablecoin lending platform known as JustStable.The platform launched in August 2020 following an initial exchange offering (IEO) on the Poloniex LaunchBase platform earlier that same year, but the native governance token of the platform (JST) has been circulating since May 2020.It is a two-token ecosystem built around the USDJ and JUST (JST) tokens. USDJ is a multi-collateral stablecoin that has its value pegged to the value of the US dollar (USD), whereas JST has a variety of functions on the platform — paying interest, helping maintain the platform and participating in its governance, helping to set parameters like interest rates (stability fees) and the minimum collateralization ratio.To obtain USDJ on JUST, traders need to deposit collateral in the form of supported collateral tokens — including TRON (TRX), which are exchanged to PTRX tokens and locked as collateral forming a collateralized debt position (CDP). Depending on the amount of collateral deposited, users can then mint and withdraw USDJ, which must later be repaid to retrieve the initial collateral.The platform is designed to provide a fair and borderless hub of DeFi products, that any TRON user can access.TelegramWhitepaper”

Buying and Selling JUST

It is usually not possible to buy alternative cryptocurrencies such as JUST directly using US dollars. Investors seeking to trade JUST should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy JUST using one of the aforementioned exchanges.

JST/USD price chart by TradingView