JUST Hits Market Cap of $247.09 Million (JST)

JUST (JST) traded 0.1% higher against the U.S. dollar during the one day period ending at 9:00 AM ET on March 19th. JUST has a market cap of $247.09 million and approximately $29.93 million worth of JUST was traded on exchanges in the last 24 hours. One JUST token can now be purchased for approximately $0.0278 or 0.00000102 BTC on major exchanges. During the last seven days, JUST has traded up 19.6% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded 8.7% lower against the dollar and now trades at $0.40 or 0.00001475 BTC.
  • Aidi Finance (BSC) (AIDI) traded 0% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 1.9% against the dollar and now trades at $0.0677 or 0.00000249 BTC.
  • CareCoin (CARES) traded down 1.9% against the dollar and now trades at $0.0840 or 0.00000309 BTC.
  • OmniaVerse (OMNIA) traded up 38.2% against the dollar and now trades at $0.0012 or 0.00000004 BTC.
  • Kitty Inu (KITTY) traded 1.9% lower against the dollar and now trades at $100.44 or 0.00369292 BTC.
  • FEG Token (FEG) traded 1.9% lower against the dollar and now trades at $0.0008 or 0.00000003 BTC.
  • Hokkaidu Inu (HOKK) traded down 3% against the dollar and now trades at $0.0007 or 0.00000002 BTC.
  • QANplatform (QANX) traded 1.9% lower against the dollar and now trades at $7,299.99 or 0.26841402 BTC.
  • Lego Coin (LEGO) traded down 8.6% against the dollar and now trades at $0.0163 or 0.00000060 BTC.

About JUST

JUST was first traded on May 5th, 2020. JUST’s total supply is 9,900,000,000 tokens and its circulating supply is 8,902,080,000 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, “JUST 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.”

Buying and Selling JUST

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

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