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JST leads the market with a 24-hour increase; the deflationary mechanism continues to strengthen its value
ME News update. April 1 (UTC+8), according to data from CoinGecko, the TRON ecosystem token JST has been performing strongly, with an eye-catching 24-hour increase. Market conditions show that JST’s price has firmly broken through the $0.061 level, reaching a high of $0.06341. Against the backdrop of overall volatility in the crypto market, JST continues to exhibit strong resilience and has remained impressive. Backed by JustLend DAO’s ongoing buyback-and-burn mechanism, as of now it has cumulatively burned more than 1.085B tokens, accounting for 10.96% of the total supply, and the deflationary effect is continuously strengthening its value foundation. (Source: Tron Eco)