JUST (JST) Hits Self Reported Market Capitalization of $751.50 Million

JUST (JST) traded up 2.5% against the US dollar during the one day period ending at 10:00 AM E.T. on June 13th. JUST has a market capitalization of $751.50 million and approximately $37.97 million worth of JUST was traded on exchanges in the last 24 hours. One JUST token can currently be purchased for about $0.0759 or 0.00000118 BTC on major cryptocurrency exchanges. Over the last week, JUST has traded down 7.6% against the US dollar.

Here is how other cryptocurrencies have performed over 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 down 2.2% 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1% higher against the dollar and now trades at $64,044.45 or 0.99941261 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.4% higher against the dollar and now trades at $63,606.75 or 0.99868432 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

JUST Profile

JUST launched on May 5th, 2020. JUST’s total supply is 8,543,764,567 tokens and its circulating supply is 9,900,000,000 tokens. JUST’s official Twitter account is @defi_just and its Facebook page is accessible here. The official website for JUST 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.

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”

JUST Token Trading

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

JST/USD price chart by TradingView