JOE (JOE)

JOE is currently trading at $0.1710, after a price change of -5.59% in the last 24 hours.

Ranked as cryptocurrency #325 by capitalization today, JOE market cap is valued at $55,703,840. JOE trading volume reached $11,706,244 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on JOE coin price prediction page.

What is JOE?

JOE is the native currency powering Trader Joe. Trader Joe is a decentralized exchange based on Avalanche for decentralized financial offerings like token swapping, yield farming, and staking. The DEX allows users to provide liquidity in yield farms for token rewards. 

Trader Joe is secured by Avalanche’s directed acyclic graph through its affiliation to the network. The project’s roadmap features collateralization of JOE tokens, NFT listing, and leveraged trading. The second important feature of Trader Joe is Banker Joe, a lending platform based on Compound blockchain. Banker Joe enables users to borrow and lend assets from non-custodial wallets. 

There are currently 210,231,375 circulating JOE tokens from a total supply of 199,010,126 and a hard cap of 500,000,000. There was no token pre-sale, private sale, or pre-listing during the launch of JOE tokens. From the supply, 50% is set for liquidity providers, 20% for treasury, 20% for the team, and the remaining 10% for future investors. Users can stake JOE for a chance to participate in governance aspects of the protocol. 

Pseudonymous developers Cryptofish and OxMurloc are the founders of trader Joe.