JST Rises Against the Bear Market Trend, Deflation Mechanism Could Be the Key to Breakthrough



The current market situation is not optimistic. Mainstream cryptocurrencies such as BTC, ETH, XRP, and others are all experiencing adjustments, with declines ranging from 1.6% to 4.3%. However, amidst this sea of red, JST demonstrates resilience by moving against the trend—1.61% increase in 24 hours, a surge of 3.28% over 7 days, and a total increase of 10.80% in the past two weeks.

This is no coincidence. Behind JST's impressive performance is a crucial move by the project team: the official launch of the first token burn plan.

The burn scale is quite significant. This burn involves 566 million JST, accounting for 5.66% of the total circulating supply, coupled with a buyback fund of 17.7 million USDT. This is not just a simple reduction of numbers; it is a revaluation of the token's value under deflation expectations. Against the backdrop of passive supply contraction, the market is re-evaluating the project's long-term potential, which has driven the price performance.

The deflation mechanism is becoming an increasingly important factor in the crypto market. When pure technological innovation struggles to support valuation, orderly supply management and deflation expectations often bring unexpected market recognition to projects.
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FreeMintervip
· 01-09 22:22
Burn 566 million tokens? That number sounds quite large, but it's only 5.66%... Doesn't seem as impressive as it sounds. Wait, combined with the repurchase of 17.7 million USDT? That's a pretty clever move, definitely can boost expectations. The deflation strategy is becoming more and more competitive, every project is playing this game. How many can truly sustain it? Just curious how long this JST wave can last, don't want it to become just a front for harvesting retail investors. In a bear market, daring to operate like this either means having confidence in oneself or being forced into a corner.
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BearMarketSunriservip
· 01-07 18:58
Burned 566 million coins? That number is a bit suspicious, and 5.66% is also 5.66%... Coincidence? I doubt it. Raising the market against the trend by burning coins is not a new trick; let's wait and see how long it can be sustained. The expectation of deflation—whether it's genuine or just another round of cutting the leeks—remains to be seen. An 10.8% increase indeed slapped some faces, but I still need to observe and see if this can hold steady. Burning ≠ value; don't be fooled into paying for others' gains. This logical chain is a bit too smooth, which makes me more cautious. I'm just worried it might be another trap to lure in more buyers; the rise might just be a setup.
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DegenDreamervip
· 01-07 14:55
Burn 566 million tokens? The number looks good, but I don't know how sustainable it is.
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FunGibleTomvip
· 01-07 14:51
Burned 566 million tokens. That was a bold move; now let's see how long it can sustain.
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TokenToastervip
· 01-07 14:51
Burned 566 million tokens? How is this number so coincidental, and the percentage is also 5.66%... Is it real or fake? --- The deflationary expectation has been used so many times, as long as someone takes the bait. --- A rebound in a bear market is normal right now, don’t be fooled, watch the subsequent actions. --- Buyback and burn, this trick is played out... By the way, is there really 17.7 million USDT? --- Actually just want to see how high it can go, a little play? --- The deflation mechanism is hyped every day, if it really worked so well, why did it crash so badly earlier? --- Hmm, is this time different? I keep hearing that, but it sounds the same to me. --- Over 500 million tokens burned... what if there are still that many in circulation? --- Rising against the trend for ten days with a 10% increase, what does that count as in a bear market? Just this? --- I just want to know if it’s really burned or transferred to their own wallet.
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ServantOfSatoshivip
· 01-07 14:43
Burning 566 million tokens? That number sounds good, but I don't know how long it can be held afterward. Other comments: Deflation expectations sound nice, but the key is whether there is actual application support. JST's countertrend move—if you ask me, the market is still looking for a story to hype, just an excuse. A burn rate of 5.66%... to be honest, it's a bit superficial. Can it change the situation? Question mark. Buybacks plus burning—this combo really appeals to the market, but what about the risks?
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ForkInTheRoadvip
· 01-07 14:29
Burning 566 million tokens—who knows how long it will last? It depends on whether there are new developments later on.
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