Homework task 7 by professor @besticofinder how to invest in cryptocurrencies

in SteemitCryptoAcademy3 years ago

Hi there, thanks to professor @besticofinder for providing useful information on how we can easily make market technical analysis of cryptocurrencies and make decisive investment decisions in the crypto market.

As part of the homework task, I will be comparing the two token they are rank below 100-400 on coinmarketcap ** JUST token and Stratis ( STRAX ) token.

JUST token concept

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The idea behind the JUST ecosystem is to provide users on the Tron network a more scalable and flexible Defi ecosystem it has made decentralization on the Tron network more accessible for use.
On their whitepaper, Just networks are claimed to be the next generation Defi system launched on the tron network.
It's provided all one financial solution for tron users where they can make seamless transactions using decentralized protocols without any third-party interface.

Mission

With the juststable coin, holders can be able to make decisions on the tron network.
With these users can be able to participate in the governance of the network.
With the JUST network, decentralized protocols users can have all in one access to tron ecosystem financial tools.

product

The JUST network provides different decentralized protocol tools for its users.

Juststable

it allows users to lend #USDJ stable coin on the JUST network protocol. It's a decentralized financial system.

JustLend

this protocol also allows users to lend tokens/coins on the decentralized network.

JustSwap

Allows users to make various swaps of tokens/coins on the just network protocol.

JustLink

Allows users to store data using smart contract blockchain solution.

JustCrypto

Brings value to the Tron ecosystem by premiering other assets.

Team

The Just team has support from high-profile recognized companies, in the world like IBM, Alibaba, and other world-class internet companies like Google, Facebook, and yahoo.
Its Financial analysis comes from top bank investment companies.

Market overview

Price

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Form coinmarketcap the price of the JUST token has been appreciating and achieving new market high value which shows there is much improvement on the use-value of the token.

The JUST price today is USD 0.088885 it has a 24-hour trading volume of USD 218,333,113. it has increased 0.21% in the last 24 hours. The current ranking is #182, with a live market cap of USD 200,908,670. It has a circulating supply of 2,260,326,706 JST coins and a max. supply of 9,900,000,000 JST coins

conclusion
The JUST network provides its users with a unique decentralized protocol financial ecosystem that can be accessed in one networking protocol it has backing and support from major world-class investors which makes it a very good investment asset for investors.
Currently, there has been much increase in trading volume, and market price change of the token JUST is found to be listed in multiple exchange platforms which gives it a high probability of being recognized in the market.

Stratis ( STRAX ) token concept

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It's a blockchain network that provides a sidechain, full nodes running, smart contracts for enterprises and companies. they also include their services blockchain consultation and provide cryptocurrency wallet for companies.
The company runs its blockchain full master nodes and provides staking algorithms to run the network.

Product

From the company's provided product we can easily figure out the company mission which is to provide startup companies the opportunity to run their side-chain protocols by providing maximum security for these new startup companies and create blockchain awareness for companies.

Team

Chris Trew. is the founder of Stratis company LTD. it's has backing and support from well-recognized companies which includes Microsoft, International data corporate, and more.

market overview

It has a current price of $1.56 with a 24 hr trading volume of $17,080,299 USD. has a market cap ranking #180 with a live market cap of USD 202,099,688. It has a circulating supply of 129,521,528 STRAX coins

In conclusion, when comparing the two coins in the market cap it can be seen they are quite competitive as both have a high market cap with a high 24 hr trading volume.
Comparing the product both companies are offering to their users is also worth considering they are both valuable services.
I will say the JUST has good backing and support more than the Stratis company with this I can recommend new users to buy JUST token as there is more chance of attaining more market value shortly.

Thanks for stopping by.

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