JUST (JST), a TRON-based DeFi stablecoin protocol token, has plunged 22.9% to $0.061435 in the past 24 hours, erasing over $177 million in market value as traders rush to exit positions.
The token hit an intraday low of $0.061622 after falling from a 24-hour high of $0.079929, representing a dramatic 22.95% decline that has sent shockwaves through the TRON ecosystem. The selloff accelerated in the past hour, with JST dropping an additional 7.39%.
Market Impact and Volume Surge
JUST’s market capitalization has contracted from approximately $702.6 million to $524.9 million, a 25.3% decrease that has pushed the token to rank #100 among cryptocurrencies. Trading volume has surged to $55.5 million as panic selling grips the market.
The token’s fully diluted valuation now stands at $524.9 million, with 8.54 billion JST tokens in circulation out of a maximum supply of 9.9 billion. This represents approximately 86% of the total supply already in the market.
Technical Breakdown
The current price of $0.061435 marks a severe 68.2% decline from JUST’s all-time high of $0.193254 reached on April 5, 2021. However, the token still trades 1,272% above its all-time low of $0.00476275 set on May 9, 2020.
The 7-day chart shows a 6.4% decline, suggesting the selloff intensified in recent hours rather than building gradually over the week. Despite the current downturn, JST had posted 11.93% gains over the past 30 days before today’s crash.
What This Means for Traders
The sudden collapse raises concerns about liquidity and support levels for JUST token holders. The combination of double-digit percentage losses and elevated trading volume suggests institutional or whale-level liquidations may be driving the price action.
JUST serves as the governance token for the JUST DeFi ecosystem on TRON, which includes USDJ stablecoin and JustLend. Any fundamental issues with the protocol or broader TRON network developments could be contributing factors to the selloff.
Traders should exercise extreme caution as volatility remains elevated. The token has not yet found clear support, and further downside cannot be ruled out until buying pressure returns and volume stabilizes.
Last updated: April 16, 2026, 02:37 UTC
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About the Author: Ananya Melhotra
