Is JST Undervalued? A Closer Look at the Metrics
At a price hovering near $0.03689, Just (JST) looks significantly undervalued compared to its 2021 highs near $0.20. That's a staggering 99%+ drawdown — but is it an opportunity?
On-chain data shows that Just’s Total Value Locked (TVL) has been stabilizing, and user activity on its stablecoin lending platform is consistent, though not booming. The RSI (Relative Strength Index) for JST is around 45, suggesting it's neither overbought nor oversold.
Technically, JST needs to break above its 50-day moving average around $0.0023 to confirm a trend reversal. Without that, bears could continue to pressure the token.
Fundamental Verdict: For long-term believers in TRON and decentralized finance (DeFi) growth, JST might represent a high-risk, high-reward setup.