𝗝𝗦𝗧: 𝗪𝗵𝘆 𝗦𝘂𝗽𝗽𝗹𝘆 𝗕𝗲𝗹𝗼𝗻𝗴𝘀 𝗡𝗲𝘅𝘁 𝘁𝗼 𝗣𝗿𝗶𝗰𝗲 𝗼𝗻 𝗧𝗥𝗢𝗡

Price grabs the headlines.

But market capitalization is never built on price alone.

Circulating supply is the other half of the equation, which is why the JST Buyback & Burn mechanism from @JUST DAO deserves a spot on every tracker.

𝗛𝗼𝘄 𝘁𝗵𝗲 𝗕𝘂𝗿𝗻 𝗪𝗼𝗿𝗸𝘀

Under the approved program, eligible revenue goes toward repurchasing JST.

Those repurchased tokens are then permanently burned.

The result: a smaller circulating supply.

𝗦𝘂𝗽𝗽𝗹𝘆 𝗜𝘀 𝗡𝗼𝘁 𝘁𝗵𝗲 𝗪𝗵𝗼𝗹𝗲 𝗦𝘁𝗼𝗿𝘆

Lower supply does not automatically mean a proportional jump in price.

Valuation still answers to:

→ Demand
→ Liquidity
→ Trading activity
→ Broader market conditions

𝗧𝗵𝗲 𝗠𝗲𝘁𝗿𝗶𝗰𝘀 𝗧𝗵𝗮𝘁 𝗠𝗮𝘁𝘁𝗲𝗿

A fuller JST picture comes from comparing:

→ Price and trading volume
→ Circulating supply
→ Quarterly buyback spending
→ Tokens actually burned
→ Protocol net revenue

Read together, they say far more than a price chart ever could.

𝗧𝗵𝗲 𝗕𝗶𝗴𝗴𝗲𝗿 𝗣𝗶𝗰𝘁𝘂𝗿𝗲

Revenue funds the buyback.
Burns reduce the supply.
Demand decides the value.

The $1B market-cap milestone is a chance to study how JST supply, demand and ecosystem activity have grown side by side.

Watch the price.
Track the supply.

@DeFi_JUST @Justin Sun孙宇晨 #TronEcoStars