The TRON Foundation’s JUST project JST coin saw an investment return of over 3,600% within 5 months of launch, according to data from the TRON Foundation’s website. CoinMarketCap.

The decentralized token JST was the first coin to be sold on Poloniex’s LaunchBase IPO, which launched in early April and announced that it will begin offering Tron’s JUST coin.

Justin Sun, founder of Tron and CEO of BitTorrent, announced in April the launch of Project JUST, previously called “Djed.”

JST coin was first likened to MakerDAO.

Since the JUST project is a lending platform that uses the currency JST, according to “Justin Sun,” JUST was invented to serve as a fair DeFi protocol that offers stable lending and governance mechanisms to its users.

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On the platform, users can share TRX coins via “JUST’s CDP” portal to generate USDJ, which is a stablecoin pegged to the dollar at a 1:1 ratio.

JST coin performance:

In the short time since launching the JUST project on Poloniex’ LaunchBase platform, the coin has performed stellarly.

The launch of JUST on Poloniex marked the beginning of the next gossip, as the JST coin sale was completed in just one round.

Upon completion of the first JST coin sale, all 396,000,000 JST coins were purchased by the participants.

The global sale of the currency began on May 5, 2020, at 14:00 and was completed on the same day at 14:04 UTC, indicating that the sale took place within 4 minutes.

The value of the JST coin increased by 30% after announcing its inclusion on the cryptocurrency exchange Binance.

Overall, JST has performed well in the DeFi space, with an ROI of 3610.25%.

1 JST was worth $0.00202 at launch, keeping the coin in the $0.007 range from then until July 21 when the coin started to appreciate further

At the time of writing this article, 1 JST equals $0.0747.

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Today, the coin reached an all-time high of $0.092028, due to the announcement of its listing on Binance.

JUST has a circulating supply of 1.4 billion JST, an aggregate supply set at 9.9 billion JST, and a total market capitalization of $107,443,298.

The JUST Project and its various partnerships:

The TRON Foundation is trying to connect JUST with its other projects.

Justin Sun announced that JUST has signed a strategic collaboration with BitTorrent, and that BiTorrent aims to build the best decentralized finance applications on JUST.

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JUST, Steem Network and Steemit have also announced a strategic partnership, indicating that the decentralized finance system aims to build a strong network that accommodates almost everything in the Tron ecosystem.

In the same vein, WINk and JUST have signed an agreement, and WIN will be automatically added as one of JUST’s tokens.

As the price of JST continues to increase, various exchanges are joining Binance to list the JST cryptocurrency for trading on their platforms such as Huobi, Gate.io and CoinEX.

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