JUST (JST) Trading 2.9% Higher Over Last 7 Days

JUST (JST) traded up 0.6% against the dollar during the 24-hour period ending at 7:00 AM Eastern on August 16th. In the last week, JUST has traded 2.9% higher against the dollar. JUST has a total market capitalization of $1.06 billion and approximately $30.79 million worth of JUST was traded on exchanges in the last 24 hours. One JUST token can currently be purchased for approximately $0.11 or 0.00000170 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• UZDT (UZDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00001588 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0% lower against the dollar and now trades at $62,911.73 or 0.99951313 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

JUST Token Profile

JUST launched on May 5th, 2020. JUST’s total supply is 8,188,743,036 tokens and its circulating supply is 9,900,000,000 tokens. The official website for JUST is just.network/#. JUST’s official Twitter account is @defi_just and its Facebook page is accessible here. The official message board for JUST 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”

Buying and Selling JUST

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

JST/USD price chart by TradingView