JST Token Burn Reaches 10.96% of Total Supply

KuCoinFlash

Release Time:01/16/2026 04:46:02

JST

$0.041844.44%

Summary

New token listings continue to attract attention as the JST token destruction reaches 10.96% of the total supply. According to TRONSCAN on-chain data, 1,084,891,079 JST tokens have been permanently removed by sending them to the black hole address T9yD14Nj9j7xAB4dbGeiX9h8unkKHxuWwb. This destruction is equivalent to approximately $44.83 million in value. The token launch news indicates that the project is actively employing a deflationary model to increase scarcity and support long-term value.

Odaily Planet News: According to TRONSCAN on-chain data, JST has been transferred to the black hole address T9yD14Nj9j7xAB4dbGeiX9h8unkKHxuWwb for permanent destruction. As of now, the total amount destroyed at this address has reached 1,084,891,079 JST tokens, equivalent to approximately $44.83 million in value, representing 10.96% of the total JST supply. This large-scale destruction not only demonstrates the project team's continued commitment to the deflationary mechanism, but also injects stronger scarcity support into the value foundation of JST, marking a new stage of value growth driven by deflation for the JST ecosystem.

(Note: A black hole address refers to a special on-chain address used to permanently lock tokens for destruction.)

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