BJSS (BJSS) Metrics
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BJSS (BJSS)
What is BJSS?
BJSS is a cryptocurrency that operates as a token within the blockchain ecosystem. Its core purpose is to facilitate transactions and enable various decentralized applications, enhancing user engagement and participation in the blockchain project. The BJSS token runs on the Ethereum blockchain, leveraging its robust smart contract capabilities to ensure secure and efficient operations. Designed for versatility, BJSS aims to support a wide range of use cases, from payments to governance within its community.
When and how did BJSS start?
BJSS was launched in 2021, created by a team of developers aiming to enhance decentralized finance (DeFi) solutions. The project initially gained traction with its listing on several cryptocurrency exchanges shortly after its launch, facilitating broader accessibility for investors. Key milestones in its early development included strategic partnerships and community engagement initiatives that helped solidify its presence in the competitive crypto landscape.
What’s coming up for BJSS?
BJSS is gearing up for an exciting phase with its latest roadmap updates, which include the launch of a decentralized governance feature aimed at enhancing community involvement. Upcoming upgrades will focus on scalability improvements and the integration of new use cases within the DeFi space, facilitating seamless transactions and user engagement. The community plans to host a series of interactive events to gather feedback and foster collaboration, ensuring that future developments align with user needs and expectations. As BJSS continues to evolve, it aims to solidify its position as a key player in the blockchain ecosystem.
What makes BJSS stand out?
BJSS stands out from other cryptocurrencies due to its unique consensus mechanism that combines Proof of Stake with innovative staking rewards, incentivizing long-term holding and community engagement. Compared to traditional cryptocurrencies, BJSS offers a real-world use case in decentralized finance (DeFi) applications, enabling seamless transactions and liquidity provision within its ecosystem. Its special feature of integrating smart contracts enhances functionality, making it a versatile choice for developers and users alike.
What can you do with BJSS?
BJSS is primarily used as a utility token for payments within various platforms and services. Users can engage in staking to earn rewards and participate in governance decisions that shape the future of the ecosystem. Additionally, BJSS facilitates access to DeFi apps and NFTs, enhancing its utility within the broader blockchain landscape.
Is BJSS still active or relevant?
BJSS is currently active, with trading still occurring on various exchanges. Development is ongoing, as evidenced by recent updates from the team, and there is a notable presence within the community. Overall, BJSS is not considered an inactive or abandoned project at this time.
Who is BJSS designed for?
BJSS is built for developers and businesses seeking to leverage blockchain technology for innovative solutions. Its target audience includes companies looking to integrate decentralized applications and services, making it ideal for those in the tech and startup sectors. Additionally, BJSS fosters a community of DeFi users interested in exploring new financial opportunities within the blockchain ecosystem.
How is BJSS secured?
BJSS secures its network through a unique consensus mechanism known as Proof of Authority (PoA), which relies on a set of trusted validators to validate transactions and create new blocks. This model enhances network security by ensuring that only pre-approved nodes can participate in the consensus process, thus providing robust blockchain protection against malicious activities. The use of PoA allows for efficient transaction processing while maintaining high levels of integrity and trust within the network.
Has BJSS faced any controversy or risks?
BJSS has faced challenges related to extreme volatility, which poses significant risks for investors. Additionally, there have been concerns about potential security incidents, including hacks and rug pulls, that have affected investor confidence. Legal issues surrounding regulatory compliance also present ongoing uncertainties for the project.
BJSS (BJSS) FAQ – Key Metrics & Market Insights
Where can I buy BJSS (BJSS)?
BJSS (BJSS) is widely available on centralized cryptocurrency exchanges. The most active platform is PancakeSwap V2 (BSC), where the WBNB/BJSS trading pair recorded a 24-hour volume of over $1.41.
What's the current daily trading volume of BJSS?
As of the last 24 hours, BJSS's trading volume stands at $1.79 .
What's BJSS's price range history?
All-Time High (ATH): $0.019144
All-Time Low (ATL): $0.00000000
BJSS is currently trading ~99.82% below its ATH
.
How is BJSS performing compared to the broader crypto market?
Over the past 7 days, BJSS has gained 0.00%, underperforming the overall crypto market which posted a 1.22% gain. This indicates a temporary lag in BJSS's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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BJSS Exchanges
BJSS Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
BJSS



