JST: 17.29% Supply Burned by JustLendDAO
JST supply cut 17.29% after 1.71B tokens burned for $94.62M via JustLendDAO revenue buybacks.
SourceAnalysis
JustLendDAO removed 17.29% of total JST supply from circulation after four buyback cycles, burning 1,711,249,863 tokens worth $94.62M in cumulative value.
Protocol revenue funded every quarter of transparent on-chain execution under JUST DAO.
Price sits at $0.1 where EMA50 meets the upper Bollinger Band, forming immediate resistance while EMA200 at $0.09 anchors longer-term support; the MACD death cross at -0.0 warns of momentum loss even as RSI holds neutral at 47.87, suggesting a likely test of the lower band before any sustained move higher in JST price prediction models.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor