Small Coin JCT 24-hour increase of 15%, 30-day increase of 31%. Can this trend continue?

JCT performed strongly on January 16, rising 15.12% in 24 hours to $0.0025547, with a market cap increase of $3.86 million to $29.44 million. This is not an isolated daily movement but a continuation of a longer-term upward trend—up 22.39% over the past 7 days and a remarkable 31.38% over the past 30 days. In a market where most altcoins remain relatively calm, such performance by JCT indeed draws market attention.

Factors Driving Short-Term Gains

Noticeable Increase in Market Sentiment

Trading data shows JCT’s 24-hour trading volume reached $7.61 million, with a market cap increase of $3.86 million. These figures indicate rising market participation, supported by real trading volume rather than just price speculation. Compared to many small coins with daily volumes under a million, JCT’s activity stands out.

Macro Policy Support

According to recent news, the U.S. announced support policies for the crypto market on January 15. Such policy expectations boost risk appetite across the crypto space, often leading small-cap tokens to rally. As a project with relatively lower liquidity, JCT is more susceptible to capital-driven movements.

Technical Indicators Showing Mixed Signals

Technical analysis shows JCT’s RSI on 15-minute, 1-hour, and 4-hour charts are 71.9, 74.4, and 83.7 respectively—all indicating overbought conditions. Typically, RSI above 70 suggests short-term overheating. However, the 1-hour MACD histogram is still expanding, implying bullish momentum has not fully exhausted. This creates a “hot but fragile” state.

Risks to Watch Out For

Hidden Risks of Token Unlocks

This is the most critical point. JCT has a total supply of 5 billion tokens, but only 1.149 billion are in circulation, meaning 77% of tokens are yet to be released. Gradual unlocking could exert downward pressure on the price. This is a common risk for many new tokens.

Short-Term Overheat Correction

The 4-hour RSI at 83.7 signals extreme overbought conditions. Historically, such extreme readings often precede short-term corrections or consolidations. Although MACD is still expanding, any negative news in an overbought state could trigger rapid declines.

Future Focus Areas

Based on market news and observations, the following aspects warrant ongoing attention:

• Token Unlock Schedule: Whether the team has announced release timelines
• Ecosystem Development: Practical applications and progress of the Janction project
• Market Rotation: Whether policy support is sustained and continues to boost small-cap tokens
• Technical Corrections: Whether RSI returns to a reasonable range and forms new support levels

Summary

JCT’s 30-day increase of 31.38% is impressive, and short-term enthusiasm is clearly rising. However, this is a “hot but risky” project. On one hand, policy support and market enthusiasm may continue to push prices higher; on the other hand, risks from token unlocks, overbought technical signals, and project early-stage uncertainties should be carefully monitored. For investors, staying attentive without blindly chasing highs is a more rational approach. If participating, focus more on official token release plans and actual project progress rather than solely on short-term technical signals.