JST: 355M Tokens Burned in Fourth Buyback

JST completed its fourth buyback and burn on July 17, 2026, destroying 355,021,530.97 tokens including 248M from the 2026 Q2 allocation and 106M from USDJ fees, representing 3.5% of total supply through JustLendDAO on-chain execution. Justin Sun highlighted the transparency of the move that reduces circulating supply ahead of further protocol developments. Price sits at $0.1 inside Bollinger Bands with upper resistance at $0.1 while EMA50 holds at $0.1 and EMA200 at $0.09, RSI(14) prints 49.32 in neutral territory and MACD registers a death cross at -0.0, pointing to probable retracement toward the 50-EMA support before any extension higher in JST price prediction models and supply burn strategy outcomes across DeFi lending yields.