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Justin Sun Bets Big On JUST Token Heres Why He Sees 100x Potential

Justin Sun Bets Big On JUST Token  Heres Why He Sees 100x Potential
© Copyright Image: NewsBTC

Tron founder Justin Sun has set the crypto community abuzz with a very ambitious forecast that JUST (JST) token will grow a hundred-fold.

Justin Sun Asserts Complete Fundamental Reversal For JST

Based on Suns latest post on X, the JUST decentralized finance platform based on TRON has made dramatic changes. JST has experienced a total fundamental flip, Sun wrote.

I think it will be the next 100x token, he said. His statement sparked an instant 30% price rise as investors flocked to purchase the token.

The crypto entrepreneur pointed to JustLends growth from launch as a central reason for his positive perspective. JustLend has become a leading lending platform in DeFi and was involved in the creation of the USDD stablecoin.

Sun compared JST to veteran DeFi tokens AAVE and MKR, positing that JST might replicate similar growth trends. He anticipates the platform to make huge profits in future years. Im sure that JSTs chart will be no less stunning than TRXs if you catch my drift, he added.

Token Price Surges Following Announcement

The market responded quickly to Suns comments. JUST price jumped within 24 hours of his prediction, reaching $0.04310 per token.

This price movement coincides with broader positive trends in cryptocurrency markets, with Bitcoin and other alternative coins showing strength in recent trading.

Sun has been active with other price predictions as well. He recently set a $5,000 target for Ethereum and forecasted that Tron (TRX) would reach new all-time highs.

Revenue Plans Look To 2026 For Substantial Growth

Although Justin Sun did not give a precise time when the 100X increase is likely to occur, his remarks indicated 2026 as a primary period. Based on his remarks, more than $100 million is anticipated to be earned in profit by 2026 through the DeFi ecosystem.

One key component of Suns strategy is to use this future revenue to buy and burn JST tokens. This deflationary mechanism would decrease the token supply, maybe causing prices to rise if demand stays constant or rises.

Trump Connection Mentioned Amid Bold Predictions

Reports suggest Sun can attend a dinner party hosted by US President Donald Trump for large holders of TRUMP tokens. According to information at hand, Sun has amassed over 14 million TRUMP tokens, which qualifies him as a large holder.

If Suns bold forecast comes true, JST would be trading at about $4 per token, a huge jump from current prices. Such huge price jumps are not common in cryptocurrency markets even though they are often forecasted.

The 100X projection is one of the more aggressive predictions in recent cryptocurrency headlines, even for an industry with volatility and hype propensity.

Traders are at least reacting positively in the near term, though long-term execution will hinge on whether JustLend and the greater JUST ecosystem can provide the growth Sun projects.

Featured image from IQ.wiki, chart from TradingView

Read more: https://www.newsbtc.com/altcoin/justin-sun-bets-big-on-just-token-heres-why-he-sees-100x-potential/

Text source: NewsBTC

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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