Let's get to know the currency 👇🏼 Please read the warning at the end of the article.
JUST (JST) is a prominent project within the TRON ecosystem. It seeks to provide decentralized finance (DeFi) solutions that support lending, borrowing, and asset management in innovative ways.
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📌 Introduction to the currency:
Launched on May 4, 2020, JUST is the native token of the JUST DeFi platform that works to improve access to blockchain-based financial solutions.
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🎯 Project objectives:
Providing stable and secure financial services via its stablecoin USDJ.
Enable users to participate in project governance by voting using JST.
Promoting decentralized finance within the TRON network.
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📊 Financial data analysis:
Market Cap: $349.14M (around EGP 17.25 billion).
Total supply: 9.9 billion JST.
All-time high: $0.208 (April 5, 2021).
Historical low: $0.0047 (May 9, 2020).
Currency Ranking: Ranked 188th among cryptocurrencies.
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👩💻 Founders and Team:
The project was founded with the support of the TRON Foundation under the leadership of Justin Sun, giving it significant technical and community strength.
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💡 Most prominent uses:
Project Governance: Give users the opportunity to vote on important decisions.
Operating fees: The currency is used to pay service fees within the platform.
Liquidity Support: It is an option to provide liquidity in trading platforms.
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✔️ Advantages of the currency:
Strong support from TRON network.
Integration with Decentralized Finance (DeFi) services.
Active role in governance.
❌ Disadvantages of the currency:
High price volatility.
Over-focus on the TRON network which limits expansion.
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📈 Historical performance and expected future:
Historical Performance: The coin has shown rapid growth since its launch but has been affected by general market volatility.
Future Outlook: With the strong support from TRON and the growing community, the coin may see future growth if it continues to achieve its goals.
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💬 Conclusion:
JUST (JST) is an interesting option for investors interested in decentralized finance. However, traders are advised to conduct careful research and risk analysis before investing.
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Important alert 🚨🚨🚨
This currency works in lending, so for Muslims it is not halal.
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Success in the world of digital currencies 🪙 begins with knowledge and careful follow-up, so don't forget 🩵 to follow, dear trader, and turn on 🔔 notifications to get the latest news 📰 and opportunities at the right time ⏰.
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