Just (JST), the governance token of the Just DAO within the TRON ecosystem, is leading the weekly crypto price increase (among the top 100 market caps). This will take place after the completion of the third phase of the token buyback and write program on April 17, 2026.
From April 18th to 24th, JST price went from $0.064 to $0.082, representing an increase of 28.1%..
The incineration program removed more than 1.356 billion JST from circulation, representing 13.7% of the initial supply. At the current price, The total amount of tokens burned is equivalent to approximately $111 million.
The model was run in three stages, Just reports. In October 2025, Phase 1 removed 559.89 million JST. In January 2026, a further $525 million was recovered in the second phase. Finally, Phase 3 was completed in April 2026, with 271.34 million tokens burned.
As the number of tokens in circulation decreases, scarcity increases. As demand holds or increases, this imbalance tends to put upward pressure on prices.
The program is primarily funded by ecosystem revenues from JustLend and runs on-chain. This is important because buybacks do not depend on additional issuance of tokens or artificial incentives, but on the income generated by the activity of the protocol itself.
JST is the governance token of Just DAO, a decentralized finance (DeFi) protocol built on the Tron network. Within this ecosystem, JustLend operates a lending and deposit platform where users can donate assets to generate income or borrow.
Finally, it is worth noting that The name Just DAO is a tribute of sorts to Justin Sun, the creator of the Tron network and one of the most influential figures in the digital asset ecosystem.described by CriptoNoticias.
(Tag translation) Altcoin
