Joyce became the 10th named storm of the season Thursday morning, forming behind tropical storm Isaac in the Atlantic.
The storm didn't pose any immediate threats to land and continued to weaken into a tropical depression.
"And it looks like Joyce will remain a tropical depression for the next several days," says Dayna Vettese, a meteorologist at The Weather Network.
As of Saturday morning, there was only a ten per cent chance that the storm will strengthen to a tropical cyclone.
There are currently no watches or warnings in place.
The last time a "J" named storm formed this early in the Atlantic season was Tropical Storm Jerry back in August, 1995.
Meanwhile, forecasters continue to track Isaac as it passes through the Dominican Republic and Haiti on its way to the Florida Keys.