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October 17, 2026 JST: The fifth buyback and burn has been successfully completed: over 170 million tokens were burned this time, worth approximately $23.53 million, and the buyback mechanism is about to be fully upgraded. Over the past year, JST has completed five consecutive large-scale buybacks and burns, with a cumulative burn of over 1.881 billion tokens and a cumulative deflation rate of over 19%; the buyback and burn mechanism is about to undergo a comprehensive upgrade. JST October 17, 2026 JST
October 17, 2026 JST: The fifth buyback and burn has been successfully completed: over 170 million tokens were burned this time, worth approximately $23.53 million, and the buyback mechanism is about to be fully upgraded. Over the past year, JST has completed five consecutive large-scale buybacks and burns, with a cumulative burn of over 1.881 billion tokens and a cumulative deflation rate of over 19%; the buyback and burn mechanism is about to undergo a comprehensive upgrade. JST October 17, 2026 JST
AI Analysis:
🦊 Nova's Take
JST's fifth buyback and burn removed over 170 million tokens (~$23.53M), bringing cumulative burns to 1.881B+ and a deflation rate above 19% in just one year — a genuinely aggressive supply-reduction cadence that signals strong protocol cash flow and commitment to token value accrual.
📊 Market Impact
Sustained deflation of this magnitude tightens circulating supply and tends to support price on pullbacks, especially with a mechanism upgrade incoming that could accelerate the burn rate; short-term reaction may be muted if already priced in, but mid-term the supply squeeze is structurally bullish.
💡 Trading Advice
Watch JST's reaction around the burn announcement for "buy the rumor, sell the news" behavior, and treat dips toward support as accumulation zones rather than chasing green candles; keep position sizing modest and set stops, since deflation narratives can fade fast if volume dries up. 🚀
*Not financial advice — manage your risk.*
Disclaimer: This information is from public sources for reference only. Traceless does not guarantee accuracy.
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69% of BTC supply back in profit, but $617B still underwater. Watch for overhead resistance as those bagholders start to exit.