2026-01-18 13:30:32

JST has recently performed well, with the price stabilizing around $0.04121, nearly a 2% increase over 24 hours, and the market capitalization has surpassed $363 million. Several key support points behind this rally are worth noting.

From a community perspective, the over 440,000 holders reflect a relatively solid consensus foundation. Trading activity is also heating up, with a daily trading volume reaching $31.4 million, indicating a clear uptick in capital flow. More importantly, JST's token burn mechanism is continuously progressing, with each burn reducing the circulating supply. This increasing scarcity logic often provides price support. As ecosystem applications expand, this trend may be further strengthened.

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AirdropSweaterFan

· 5h ago

The destruction mechanism still seems a bit tricky, but we need to keep an eye on whether the ecosystem applications truly get implemented. Holding coins for 440,000 people, it feels like we need to keep "sucking blood" to support this valuation. It's good if the 0.04 level can hold steady; just don't fall back again. An increase in trading volume is good, but overall it still feels like there's not enough momentum. The idea of increasing scarcity sounds like a story, but the key is whether people are actually using it on the application side.

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ser_ngmi

· 5h ago

Uh, I feel like the destruction mechanism has been overhyped a bit. The real factor supporting the price still depends on whether the ecosystem can grow. The recent surge in JST is okay, but the 440,000 holders don't seem particularly surprising. Let's wait and see if it can stabilize further. Burning reduces circulation, which sounds good, but don't get too optimistic. The key is whether the application side can keep up. Honestly, the 363 million market cap still feels relatively small; in the context of the entire sector, it's not much.

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TokenSleuth

· 5h ago

Hey hey, the destruction mechanism is real, but I'm just worried the ecosystem can't keep up. JST has risen quite a bit this time, but among the 440,000 holders, how many are just cutting leeks? A trading volume of 31.4 million isn't small, but I just don't know if there's funds dumping. Destruction is good and all, but the key is whether the subsequent ecosystem can truly take off. Huh? Waiting for more news again, right?

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ChainComedian

· 5h ago

The destruction mechanism is the key, the true deflationary logic. A 2% increase isn't much; the main thing is whether the subsequent ecosystem can keep up. 44,000 holders sounds like a lot, but it depends on the actual level of participation. A trading volume of 31.4 million might have some fake trades; we need to exclude wash trading. The biggest fear for small tokens like this is that once the hype passes, no one pays attention. Increasing scarcity is good, but the prerequisite is that someone is willing to buy in. Burning is a good thing; the concern is whether fresh blood will come in later. I've heard many times about expanding ecosystem applications, but it still depends on actual implementation. Is the price of 0.04121 stable? It feels like it could rebound at any time. Having many holders doesn't necessarily mean strong consensus; it depends on the concentration of holdings.

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