{"id":166021,"date":"2023-10-01T06:58:13","date_gmt":"2023-10-01T01:28:13","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=166021"},"modified":"2023-10-01T06:58:13","modified_gmt":"2023-10-01T01:28:13","slug":"under-the-radar-defi-altcoin-surges-by-22-on-friday-amid-the-rollout-of-new-mining-rewards-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/under-the-radar-defi-altcoin-surges-by-22-on-friday-amid-the-rollout-of-new-mining-rewards-crypto-news\/","title":{"rendered":"Under-the-Radar DeFi Altcoin Surges by 22% on Friday Amid the Rollout of New Mining Rewards &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The native altcoin for a decentralized finance (DeFi) ecosystem built on the Tron (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/tron\/\">TRX<\/a>) blockchain surged by over 22% in one day amid the rollout of new mining rewards.<\/p>\n<p>The governance token for the DeFi platform JUST (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/just\/\">JST<\/a>) is trading around $0.0275 at time of writing, up from around $0.0225 one day ago.<\/p>\n<p>The 123rd-ranked crypto asset by market cap outpaced the vast majority of the rest of the crypto marketplace, which largely tracked sideways on Thursday and Friday.<\/p>\n<p>JUST aims to provide \u201call-in-one financial solutions\u201d to its users via the development of Tron-based DeFi protocols, according to the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/just.network\/\">project\u2019s website<\/a>.<\/p>\n<p>JST\u2019s price jump materialized as the project\u2019s lending platform, JustLend DAO, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/support.justlend.org\/hc\/en-us\/articles\/23431463561753\">launched<\/a> new mining rewards.<\/p>\n<p>The project notes that miners who supply liquidity on JustLend DAO will now gain additional mining rewards denominated in Tron\u2019s stablecoin <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/usdd\/\">USDD<\/a>, in addition to the supply interest. USDD aims to maintain a 1:1 peg to the US dollar.<\/p>\n<p>Despite its price increase in recent days, JST still remains more than 85% down from its all-time high of more than $0.193, which it hit in April 2021.<\/p>\n<p>Tron\u2019s (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/tron\">TRX<\/a>) native asset also had a positive day on Friday, jumping by 3.66%. The 11th-ranked crypto asset by market cap is trading at $0.089 at time of writing.<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p><a rel=\"nofollow noopener\" target=\"_blank\" class=\"maxbutton-4 maxbutton maxbutton-check-out-the-latest-headlines-bigger\" href=\"https:\/\/dailyhodl.com\/news\/\"><span class=\"mb-text\">Check Latest News Headlines<\/span><\/a><\/p>\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt\">Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The native altcoin for a decentralized finance (DeFi) ecosystem built on the Tron (TRX) blockchain surged by over 22% in one day amid the rollout of new mining rewards. The governance token for the DeFi platform JUST (JST) is trading around $0.0275 at time of writing, up from around $0.0225 one day ago. The 123rd-ranked [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":166022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-166021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/166021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=166021"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/166021\/revisions"}],"predecessor-version":[{"id":166024,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/166021\/revisions\/166024"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/166022"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=166021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=166021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=166021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}