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𝗝𝘂𝗻𝗲 𝟭𝟮, 𝟮𝟬𝟮𝟰 👉SafePal has just integrated with #Jupiter Exchange, allowing users to access Jupiter within #SafePal swap and DApp marketplace. 👉Circle's CEO declared that #crypto is currently in its strongest position ever, urging investors to "fade the Fed." 👉Indian Stocks saw a monthly inflow of $4.2 billion in May, the largest in history.
𝗝𝘂𝗻𝗲 𝟭𝟮, 𝟮𝟬𝟮𝟰

👉SafePal has just integrated with #Jupiter Exchange, allowing users to access Jupiter within #SafePal swap and DApp marketplace.

👉Circle's CEO declared that #crypto is currently in its strongest position ever, urging investors to "fade the Fed."

👉Indian Stocks saw a monthly inflow of $4.2 billion in May, the largest in history.
🎉 Exclusive Offer Alert 🌟 🎁 Do You Want Complimentary USDT? 🔖Promo Code: BPAZEPP54H 🚫 Offer Expires: April 1, 2024 👤 Limited to 200 Redeemers Only #Bitcoin #Jupiter #Wealth_Exchange
🎉 Exclusive Offer Alert 🌟

🎁 Do You Want Complimentary USDT?

🔖Promo Code: BPAZEPP54H

🚫 Offer Expires: April 1, 2024

👤 Limited to 200 Redeemers Only

#Bitcoin #Jupiter #Wealth_Exchange
Predictions for Jupiter’s PriceAfter a highly anticipated airdrop, JUP, the token associated with the decentralized exchange Jupiter, finally made its debut, garnering significant attention from users. Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On CryptosHeadlinesToken.com The excitement surrounding the platform’s giveaway reverberated throughout the market, especially with its listings on major exchanges like Binance, Bithumb, and OKX. Now, many are curious about where the price of JUP Token might head in the future. JUP Token Price Analysis Amidst Recent Market Events Amidst significant industry events like the impactful FOMC meeting and Ethereum’s Dencun upgrade unveiling, the spotlight turned to the JUP airdrop. Despite a recent 8.91% price dip, with JUP settling at $0.536, its trading volume saw a notable 41% drop. However, the uptick in market cap to $5.3 million suggests that holders are holding onto their JUP tokens. Maintaining a position above $0.5 emerges as crucial for a potential rally, with the ambitious goal of reaching $1 and beyond. However, a cautious sentiment prevails due to a bearish cloud potentially looming over Jupiter, as indicated by the downtrend in the Moving Average Convergence Divergence (MACD) indicator. Considering these factors, investors may watch for a price rebound from the trendline, signaling an opportune moment to buy during a dip. Speculation revolves around a potential rise to key resistance levels at $0.65, $0.7, and $1. Jupiter Price Predictions Across Different Timeframes Looking ahead to February 2, 2024, various predictions surfaced for Jupiter’s price trajectory. DigitalCoinPrice forecasted $1.32 for the current year, while Coincodex anticipated $0.019338. Moving into 2025, Coincodex maintained the same prediction, whereas DigitalCoinPrice foresaw $1.51. For a more extended forecast in 2030, Coincodex.net projected $0.028636, while DigitalCoinPrice set a bullish target of $4.47 at the beginning of the next decade. Assessing Jupiter (JUP) as an Investment Opportunity Deciding if Jupiter (JUP) is a smart investment can be tricky, given its price volatility since its inception. While the token experienced significant price increases initially, there are signs indicating a potential downward trend in the near future. Monitoring the token’s movement relative to a specific trendline can provide valuable insights for investment decisions. In the event that JUP falls below this trendline, it might be prudent to reconsider investment strategies. Some investors may opt for a tactic known as “shorting” the token, wherein they anticipate a price decrease and aim to repurchase it at a lower price, typically around $0.50 to $0.48. However, recent developments surrounding Jupiter are also contributing to its price movement, attracting attention from investors. These developments could include new features, partnerships, or upgrades within the Jupiter ecosystem, influencing investor sentiment and driving price action. Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice. #Jupiter #JUP #Bitcoin #Altcoin #Cryptocurrency

Predictions for Jupiter’s Price

After a highly anticipated airdrop, JUP, the token associated with the decentralized exchange Jupiter, finally made its debut, garnering significant attention from users.

Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On CryptosHeadlinesToken.com
The excitement surrounding the platform’s giveaway reverberated throughout the market, especially with its listings on major exchanges like Binance, Bithumb, and OKX. Now, many are curious about where the price of JUP Token might head in the future.

JUP Token Price Analysis Amidst Recent Market Events
Amidst significant industry events like the impactful FOMC meeting and Ethereum’s Dencun upgrade unveiling, the spotlight turned to the JUP airdrop. Despite a recent 8.91% price dip, with JUP settling at $0.536, its trading volume saw a notable 41% drop. However, the uptick in market cap to $5.3 million suggests that holders are holding onto their JUP tokens.
Maintaining a position above $0.5 emerges as crucial for a potential rally, with the ambitious goal of reaching $1 and beyond. However, a cautious sentiment prevails due to a bearish cloud potentially looming over Jupiter, as indicated by the downtrend in the Moving Average Convergence Divergence (MACD) indicator.
Considering these factors, investors may watch for a price rebound from the trendline, signaling an opportune moment to buy during a dip. Speculation revolves around a potential rise to key resistance levels at $0.65, $0.7, and $1.
Jupiter Price Predictions Across Different Timeframes
Looking ahead to February 2, 2024, various predictions surfaced for Jupiter’s price trajectory. DigitalCoinPrice forecasted $1.32 for the current year, while Coincodex anticipated $0.019338.
Moving into 2025, Coincodex maintained the same prediction, whereas DigitalCoinPrice foresaw $1.51.

For a more extended forecast in 2030, Coincodex.net projected $0.028636, while DigitalCoinPrice set a bullish target of $4.47 at the beginning of the next decade.
Assessing Jupiter (JUP) as an Investment Opportunity
Deciding if Jupiter (JUP) is a smart investment can be tricky, given its price volatility since its inception. While the token experienced significant price increases initially, there are signs indicating a potential downward trend in the near future. Monitoring the token’s movement relative to a specific trendline can provide valuable insights for investment decisions.
In the event that JUP falls below this trendline, it might be prudent to reconsider investment strategies. Some investors may opt for a tactic known as “shorting” the token, wherein they anticipate a price decrease and aim to repurchase it at a lower price, typically around $0.50 to $0.48.
However, recent developments surrounding Jupiter are also contributing to its price movement, attracting attention from investors. These developments could include new features, partnerships, or upgrades within the Jupiter ecosystem, influencing investor sentiment and driving price action.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Jupiter #JUP #Bitcoin #Altcoin #Cryptocurrency
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Bullish
$JUP #Jupiter🪐 The thing is you don't listen, you don't understand these things but at least listen to someone who knows the game. #Jupiter is goin' to $1.1 or more. 1: Hold the coin for $1.2/3/4. 2: If you don't have it yet then buy it right now. Believe me, You won't regret it.. 𝐈 𝐫𝐞𝐩𝐞𝐚𝐭 𝐛𝐮𝐲 𝐉𝐮𝐩𝐢𝐭𝐞𝐫 𝐧𝐨𝐰
$JUP #Jupiter🪐

The thing is you don't listen, you don't understand these things but at least listen to someone who knows the game. #Jupiter is goin' to $1.1 or more.

1: Hold the coin for $1.2/3/4.
2: If you don't have it yet then buy it right now.
Believe me, You won't regret it..

𝐈 𝐫𝐞𝐩𝐞𝐚𝐭 𝐛𝐮𝐲 𝐉𝐮𝐩𝐢𝐭𝐞𝐫 𝐧𝐨𝐰
Jupiter: Learn everything you need before entering and price prediction. Definitely 2024 has started with the best projection! Several tokens have been listed during this month, all of them have had a successful launch, however the most anticipated by the entire world community is the Jupiter Project Token of the Solana Blockchain! Its medium and long-term potential is unimaginable because it will be the first secondary exchange in the Solana network! Make yourself comfortable and let's start to learn what this beastly ecosystem is about and at the end my impressions about the price prediction. $JUP , the native token of swaps aggregation engine Jupiter, has undergone major selling in the last 24 hours after the Solana airdrop on Wednesday, January 31. At press time, HUP is trading 62.7% down a price of just under $0.60.Jupiter is the best exchange and the most used trading platform in Defi. This oneaims to be a full stack ecosystem play to drive the meta forward - onboarding the world into a parallel open financial system that operates independently of the locked system most of us live in today.Tokenomics: Jupiter’s tokenomics is underpinned by the 50/50 thesis: 10 billion JUP tokens, with half managed by the team and half distributed to the community, ensuring a balance of interests.Cold Wallet Release: The cold wallet release conditions are strict, with co-signers ensuring transparency and adherence to the roadmap, which includes allocations for the team, Mercurial stakeholders, and airdrop.Initial circulating supply: The initial circulating supply of JUP has been revised to 1.35 billion, including allocations for the airdrop, launchpool, loans to CEX market makers, and immediate liquidity pool needs. A buffer of 33 million JUP caters to unforeseen circumstances like compromised wallets.They are starting that decades long journey today by pushing on a few key fronts:A full array of top class trading productsDriving and leveraging liquidity across the ecosystemGrowing the pie via ecosystem initiatives, including Jupiter Educate & LFG Launchpad.Currently, JUP is the governance token for the Jupiter ecosystem, which will be voting on a range of items crucial for the ecosystem, including launchpad projects, strict list disputes and grants. Given that the agenda of the DAO is to drive the decentralized meta forward, we expect a lot of interesting proposals. As the DAO matures, it will overtime take on more and more crucial decisions. More details on the DAO will be shared tomorrow.We believe JUP holds great value as the symbol for DeFi 2.0 746, and we reject the persistent “utility” myth for tokens that utility grows value, and believe that this myth is the greatest distraction and value destroyer ever, despite it persisting in CT narratives. We refuse as such and especially since utility is not part of the genesis narrative. Please do not engage with Jupiter if the utility myth is important to you. Is Jupiter Price Facing Pump and Dump?Soon after the airdrop, the JUP price rallied all the way to a high of $1.27 as per the data on CoinMarketCap. Also, the early bids came around $0.41, meaning, the JUP price tripled in no time taking its market cap to a staggering 1.72 billion at its peak.However, the JUP price has corrected by 60% since then with the trading volumes skyrocketing to $1.2 billion. In a recent announcement by Airdrop Official shared details regarding the Jupiter token and its upcoming airdrop.  Here are the key highlights:The total supply of Jupiter tokens ($JUP) stands at an impressive 10 billion. A substantial number of 955,000 wallets that engaged with Jupiter before November 2nd are deemed eligible for participation in the airdrop.The distribution plan includes a strategic allocation of 40% of the total token supply across four rounds of airdrops. The first round, slated to kick off the distribution, encompasses 10% of the total supply, equivalent to a substantial 1 billion tokens.In conclusion, Jupiter’s ethos and values are embodied in the management of the $JUP token. The strategic token supply, distribution plan, and multisig structure demonstrate a commitment to transparency, accountability, and community trust.However, prospective investors should remain mindful of the constant risk that the excitement surrounding the airdrop may have led to an excessive inflation of the JUP price.This situation could make JUP vulnerable to a short-term downturn. In the event that the Jupiter price retraces towards $0.40, it might present an attractive opportunity for long-term bulls to consider buying the dip.#Jupiter #TrendingTopic #tradingStrategy

Jupiter: Learn everything you need before entering and price prediction.

Definitely 2024 has started with the best projection! Several tokens have been listed during this month, all of them have had a successful launch, however the most anticipated by the entire world community is the Jupiter Project Token of the Solana Blockchain! Its medium and long-term potential is unimaginable because it will be the first secondary exchange in the Solana network! Make yourself comfortable and let's start to learn what this beastly ecosystem is about and at the end my impressions about the price prediction. $JUP , the native token of swaps aggregation engine Jupiter, has undergone major selling in the last 24 hours after the Solana airdrop on Wednesday, January 31. At press time, HUP is trading 62.7% down a price of just under $0.60.Jupiter is the best exchange and the most used trading platform in Defi. This oneaims to be a full stack ecosystem play to drive the meta forward - onboarding the world into a parallel open financial system that operates independently of the locked system most of us live in today.Tokenomics: Jupiter’s tokenomics is underpinned by the 50/50 thesis: 10 billion JUP tokens, with half managed by the team and half distributed to the community, ensuring a balance of interests.Cold Wallet Release: The cold wallet release conditions are strict, with co-signers ensuring transparency and adherence to the roadmap, which includes allocations for the team, Mercurial stakeholders, and airdrop.Initial circulating supply: The initial circulating supply of JUP has been revised to 1.35 billion, including allocations for the airdrop, launchpool, loans to CEX market makers, and immediate liquidity pool needs. A buffer of 33 million JUP caters to unforeseen circumstances like compromised wallets.They are starting that decades long journey today by pushing on a few key fronts:A full array of top class trading productsDriving and leveraging liquidity across the ecosystemGrowing the pie via ecosystem initiatives, including Jupiter Educate & LFG Launchpad.Currently, JUP is the governance token for the Jupiter ecosystem, which will be voting on a range of items crucial for the ecosystem, including launchpad projects, strict list disputes and grants. Given that the agenda of the DAO is to drive the decentralized meta forward, we expect a lot of interesting proposals. As the DAO matures, it will overtime take on more and more crucial decisions. More details on the DAO will be shared tomorrow.We believe JUP holds great value as the symbol for DeFi 2.0 746, and we reject the persistent “utility” myth for tokens that utility grows value, and believe that this myth is the greatest distraction and value destroyer ever, despite it persisting in CT narratives. We refuse as such and especially since utility is not part of the genesis narrative. Please do not engage with Jupiter if the utility myth is important to you. Is Jupiter Price Facing Pump and Dump?Soon after the airdrop, the JUP price rallied all the way to a high of $1.27 as per the data on CoinMarketCap. Also, the early bids came around $0.41, meaning, the JUP price tripled in no time taking its market cap to a staggering 1.72 billion at its peak.However, the JUP price has corrected by 60% since then with the trading volumes skyrocketing to $1.2 billion. In a recent announcement by Airdrop Official shared details regarding the Jupiter token and its upcoming airdrop.  Here are the key highlights:The total supply of Jupiter tokens ($JUP ) stands at an impressive 10 billion. A substantial number of 955,000 wallets that engaged with Jupiter before November 2nd are deemed eligible for participation in the airdrop.The distribution plan includes a strategic allocation of 40% of the total token supply across four rounds of airdrops. The first round, slated to kick off the distribution, encompasses 10% of the total supply, equivalent to a substantial 1 billion tokens.In conclusion, Jupiter’s ethos and values are embodied in the management of the $JUP token. The strategic token supply, distribution plan, and multisig structure demonstrate a commitment to transparency, accountability, and community trust.However, prospective investors should remain mindful of the constant risk that the excitement surrounding the airdrop may have led to an excessive inflation of the JUP price.This situation could make JUP vulnerable to a short-term downturn. In the event that the Jupiter price retraces towards $0.40, it might present an attractive opportunity for long-term bulls to consider buying the dip.#Jupiter #TrendingTopic #tradingStrategy
Solana DEX Jupiter Teams Up with Mercuryo as JUP Price Approaches $0.60Jupiter integrates with Mercuryo to boost Solana gateway as JUP’s price nears $0.60 amidst volatile trading. The Solana decentralized exchange, Jupiter Exchange (JUP), gains attention for its strategic partnerships, notably with Mercuryo, a fiat on-ramp provider. Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On CryptosHeadlinesToken.com This collaboration aims to improve user experience within the Solana ecosystem. As the JUP token hovers around $0.60, the crypto community closely monitors developments and market dynamics. Jupiter Exchange Integrates with Mercuryo: Simplifying Solana Fiat On-Ramp Solana-based Jupiter Exchange (JUP) has unveiled a significant integration with Mercuryo, introducing a fiat on-ramp on its platform. This partnership aims to streamline the onboarding process for new users entering the Solana ecosystem. With this collaboration, users can now execute transactions using credit cards with zero fees for a limited period. Jupiter Exchange stands out as the most comprehensive gateway, incorporating a Bridge comparator, a Wormhole bridge, and now a fiat on-ramp, offering users a multifaceted approach to explore the Solana galaxy. This strategic move underscores Jupiter’s commitment to ensuring user-friendly access to the Solana ecosystem, enhancing the platform’s utility and overall user experience. The integration with Mercuryo represents a pivotal step for Jupiter Exchange, reinforcing its position as a key player in the Solana blockchain network. JUP Token Volatility Amid Listing Frenzy Despite recent listings on major exchanges like Binance, Bybit, LBank, and BitMart, the JUP token has faced significant volatility, nearing the $0.60 level within 24 hours, indicating heightened market turbulence. The frenzy extends to a recent JUP airdrop, where three traders collectively earned substantial profits, receiving 5.5 million JUP tokens worth $3.6 million. This has sparked global interest in the token’s potential and broader implications for the crypto market. Data reveals that airdrop hunters have amassed over $1 million in profits, receiving their airdrop through 27,600 different wallet addresses, with three key addresses holding significant amounts of JUP. The crypto community closely monitors addresses 7poJrJn, 2rSAFYA, and DyyQ55ei, as they continue to hold substantial amounts of JUP, adding an extra layer of intrigue to the evolving narrative around Jupiter Exchange and its native token. Jupiter claims the second spot in leading DEX trading volumes, standing at $621.67 million according to CoinGecko data, closely trailing Uniswap V3 (Ethereum) with a one-day trading volume of $624.10 million. As of writing, the Jupiter price was up 4.25%, trading at $0.6204, while its trading volume over the last 24 hours plummeted by 53.41% to $695.24 million. During this period, the JUP price reached a high of $0.6324 and a low of $0.5705. Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice. #Solana #Jupiter #Bitcoin #Altcoin #Cryptocurrency

Solana DEX Jupiter Teams Up with Mercuryo as JUP Price Approaches $0.60

Jupiter integrates with Mercuryo to boost Solana gateway as JUP’s price nears $0.60 amidst volatile trading. The Solana decentralized exchange, Jupiter Exchange (JUP), gains attention for its strategic partnerships, notably with Mercuryo, a fiat on-ramp provider.

Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On CryptosHeadlinesToken.com
This collaboration aims to improve user experience within the Solana ecosystem. As the JUP token hovers around $0.60, the crypto community closely monitors developments and market dynamics.

Jupiter Exchange Integrates with Mercuryo: Simplifying Solana Fiat On-Ramp
Solana-based Jupiter Exchange (JUP) has unveiled a significant integration with Mercuryo, introducing a fiat on-ramp on its platform. This partnership aims to streamline the onboarding process for new users entering the Solana ecosystem.
With this collaboration, users can now execute transactions using credit cards with zero fees for a limited period. Jupiter Exchange stands out as the most comprehensive gateway, incorporating a Bridge comparator, a Wormhole bridge, and now a fiat on-ramp, offering users a multifaceted approach to explore the Solana galaxy.
This strategic move underscores Jupiter’s commitment to ensuring user-friendly access to the Solana ecosystem, enhancing the platform’s utility and overall user experience. The integration with Mercuryo represents a pivotal step for Jupiter Exchange, reinforcing its position as a key player in the Solana blockchain network.

JUP Token Volatility Amid Listing Frenzy
Despite recent listings on major exchanges like Binance, Bybit, LBank, and BitMart, the JUP token has faced significant volatility, nearing the $0.60 level within 24 hours, indicating heightened market turbulence.

The frenzy extends to a recent JUP airdrop, where three traders collectively earned substantial profits, receiving 5.5 million JUP tokens worth $3.6 million. This has sparked global interest in the token’s potential and broader implications for the crypto market.
Data reveals that airdrop hunters have amassed over $1 million in profits, receiving their airdrop through 27,600 different wallet addresses, with three key addresses holding significant amounts of JUP.
The crypto community closely monitors addresses 7poJrJn, 2rSAFYA, and DyyQ55ei, as they continue to hold substantial amounts of JUP, adding an extra layer of intrigue to the evolving narrative around Jupiter Exchange and its native token.
Jupiter claims the second spot in leading DEX trading volumes, standing at $621.67 million according to CoinGecko data, closely trailing Uniswap V3 (Ethereum) with a one-day trading volume of $624.10 million.
As of writing, the Jupiter price was up 4.25%, trading at $0.6204, while its trading volume over the last 24 hours plummeted by 53.41% to $695.24 million. During this period, the JUP price reached a high of $0.6324 and a low of $0.5705.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Solana #Jupiter #Bitcoin #Altcoin #Cryptocurrency
I originally accidentally received 200 JUP airdrops, very happy,🚀🎉 like and follow for Airdrop (Jup)🚀😉 Later, I saw more than 400 others, more than 1,000, or even more than 17,000 Jups, It's not so happy in an instant, there is no comparison without any harm 😉😂 But behind the income of each airdrop, it is the early interaction of others. Don't just see the results, but ignore the efforts of others, So you should find a future airdrop project, learn more and interact, It is possible to gain something in the future 🚀 So, what projects are you paying attention to recently? 🤔 #JUP #Jupiter
I originally accidentally received 200 JUP airdrops, very happy,🚀🎉

like and follow for Airdrop (Jup)🚀😉

Later, I saw more than 400 others, more than 1,000, or even more than 17,000 Jups,

It's not so happy in an instant, there is no comparison without any harm 😉😂

But behind the income of each airdrop, it is the early interaction of others.

Don't just see the results, but ignore the

efforts of others, So you should find a future airdrop project, learn more and interact, It is possible to gain something in the future 🚀

So, what projects are you paying attention to recently? 🤔

#JUP #Jupiter
Solana (SOL) Surges 335% in Bridge Activity SpikeGalaxy Research has identified an interesting trend within the Solana blockchain. They observed a remarkable surge in daily bridged volume to Solana, which has skyrocketed by 335% over the past week. Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On CryptosHeadlinesToken.com Galaxy Research notes a surge in bridge activity, coinciding with Solana’s significant token airdrop through Jupiter. This airdrop, one of Solana’s largest, distributed one billion tokens, with a majority of the bridged funds originating from Ethereum. Solana’s Jupiter Airdrop and Future Plans On Wednesday, Jupiter, the main DEX aggregator on the network, carried out the most extensive Solana-based airdrop ever seen. They distributed one billion tokens, which equated to 10% of the total supply, to Jupiter users who had joined before November 2, 2023. This massive airdrop served as a significant stress test for the Solana network, as there were concerns about whether it could manage such a substantial volume of transactions. The Jupiter airdrop will continue in three additional phases over the next year, with 40% of the supply earmarked for distribution, and 10% allocated for community contributors and grants. The remaining 50% will be assigned to Jupiter team members, strategic reserves, and liquidity provisions, with varying lockups and vesting schedules. This airdrop marks a significant milestone in Solana’s recent resurgence and serves as an indicator of the network’s advancement. Solana plans to enhance its scheduler with version 1.18, aiming to reduce “scheduling jitter” and discourage network spam during contested states. As of the latest update, the SOL price experienced a 3.04% decrease in the previous 24 hours, settling at $99.15. Monthly Token Unlocks and Future Unlock Events According to The TIE, monthly token unlocks associated with Alameda are scheduled for Feb. 7 and 11. These unlocks, representing about 2% of Solana’s average trading volume, will continue until September 2027 and January 2028, respectively. A significant unlock of 7.5 million SOL is slated for March 1, 2025. Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.   #Jupiter #Bitcoin #Altcoin #Cryptocurrency #CryptoNews

Solana (SOL) Surges 335% in Bridge Activity Spike

Galaxy Research has identified an interesting trend within the Solana blockchain. They observed a remarkable surge in daily bridged volume to Solana, which has skyrocketed by 335% over the past week.

Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On CryptosHeadlinesToken.com
Galaxy Research notes a surge in bridge activity, coinciding with Solana’s significant token airdrop through Jupiter. This airdrop, one of Solana’s largest, distributed one billion tokens, with a majority of the bridged funds originating from Ethereum.

Solana’s Jupiter Airdrop and Future Plans

On Wednesday, Jupiter, the main DEX aggregator on the network, carried out the most extensive Solana-based airdrop ever seen. They distributed one billion tokens, which equated to 10% of the total supply, to Jupiter users who had joined before November 2, 2023. This massive airdrop served as a significant stress test for the Solana network, as there were concerns about whether it could manage such a substantial volume of transactions.
The Jupiter airdrop will continue in three additional phases over the next year, with 40% of the supply earmarked for distribution, and 10% allocated for community contributors and grants. The remaining 50% will be assigned to Jupiter team members, strategic reserves, and liquidity provisions, with varying lockups and vesting schedules.

This airdrop marks a significant milestone in Solana’s recent resurgence and serves as an indicator of the network’s advancement.
Solana plans to enhance its scheduler with version 1.18, aiming to reduce “scheduling jitter” and discourage network spam during contested states. As of the latest update, the SOL price experienced a 3.04% decrease in the previous 24 hours, settling at $99.15.
Monthly Token Unlocks and Future Unlock Events
According to The TIE, monthly token unlocks associated with Alameda are scheduled for Feb. 7 and 11. These unlocks, representing about 2% of Solana’s average trading volume, will continue until September 2027 and January 2028, respectively. A significant unlock of 7.5 million SOL is slated for March 1, 2025.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
 

#Jupiter #Bitcoin #Altcoin #Cryptocurrency #CryptoNews
Jupiter Crypto Price Faces Downward Pressure: Technical Trends Suggest Imminent Decline In the recent trading sessions on the 4-hour chart, the #Jupiter crypto price has displayed notable fluctuations, reflecting a dynamic shift in investor sentiment and market dynamics. The latest closing prices illustrate a volatile journey from $1.1, peaking at $1.1207, before a sharp decline to $1.0447. This swift change has brought both challenges and opportunities to the forefront for traders. The 9 Exponential Moving Average (EMA) and the 20 EMA reveal significant insights into the short-term momentum of JUP. The 9 EMA, after a gradual rise from $1.0684 to $1.0913, dipped to $1.0820, reflecting the recent price drop. Concurrently, the 20 EMA showed a similar pattern, peaking at $1.0843 before slightly retreating to $1.0805. The convergence of these EMAs suggests a potential resistance zone around $1.0792, a level that could serve as a pivotal point for future price action. The Moving Average Convergence Divergence (MACD) indicator further corroborates the mixed signals in the market. While earlier readings indicated a bullish trend with the MACD line crossing above the signal line, the latest values show a narrowing of this gap, suggesting a potential slowdown in upward momentum. The histogram, although still positive, has decreased in height, indicating a decrease in bullish momentum. The Relative Strength Index (RSI), having climbed from 56.14 to a high of 60.14, sharply reversed to 43.28. This descent below the neutral 50 mark reflects increased selling pressure, likely triggered by the recent price drop and profit-taking by traders. Focusing on key technical levels, the immediate resistance is found at $1.0746, with a more significant barrier at $1.0792. Should bullish momentum resume, surpassing these levels could validate a further uptrend. On the downside, support levels at $1.0441 and $1.0223 will be critical. A break below these could intensify selling pressure, making them vital markers for traders considering short positions. $JUP #write2earn🌐💹
Jupiter Crypto Price Faces Downward Pressure: Technical Trends Suggest Imminent Decline

In the recent trading sessions on the 4-hour chart, the #Jupiter crypto price has displayed notable fluctuations, reflecting a dynamic shift in investor sentiment and market dynamics. The latest closing prices illustrate a volatile journey from $1.1, peaking at $1.1207, before a sharp decline to $1.0447. This swift change has brought both challenges and opportunities to the forefront for traders.

The 9 Exponential Moving Average (EMA) and the 20 EMA reveal significant insights into the short-term momentum of JUP. The 9 EMA, after a gradual rise from $1.0684 to $1.0913, dipped to $1.0820, reflecting the recent price drop. Concurrently, the 20 EMA showed a similar pattern, peaking at $1.0843 before slightly retreating to $1.0805. The convergence of these EMAs suggests a potential resistance zone around $1.0792, a level that could serve as a pivotal point for future price action.

The Moving Average Convergence Divergence (MACD) indicator further corroborates the mixed signals in the market. While earlier readings indicated a bullish trend with the MACD line crossing above the signal line, the latest values show a narrowing of this gap, suggesting a potential slowdown in upward momentum. The histogram, although still positive, has decreased in height, indicating a decrease in bullish momentum.

The Relative Strength Index (RSI), having climbed from 56.14 to a high of 60.14, sharply reversed to 43.28. This descent below the neutral 50 mark reflects increased selling pressure, likely triggered by the recent price drop and profit-taking by traders.

Focusing on key technical levels, the immediate resistance is found at $1.0746, with a more significant barrier at $1.0792. Should bullish momentum resume, surpassing these levels could validate a further uptrend. On the downside, support levels at $1.0441 and $1.0223 will be critical. A break below these could intensify selling pressure, making them vital markers for traders considering short positions. $JUP #write2earn🌐💹
🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐 #BORZ is officially live on #Solana 🐺🌕🍻 You can trade it on #Orca & #Jupiter CA - 4iZje2dr71ADXW1bgLtX2CNyeuHeJJppFuNbEdN7n4qs Our Telegram - BORZTalk 🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐 WE ARE GOING UP FAST 🔥🔥🔥🔥🔥🔥🔥 SOON CG-CMC-CEX 💎 $SOL
🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐

#BORZ is officially live on #Solana 🐺🌕🍻

You can trade it on #Orca & #Jupiter
CA - 4iZje2dr71ADXW1bgLtX2CNyeuHeJJppFuNbEdN7n4qs

Our Telegram - BORZTalk

🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐🐺🌕🪐

WE ARE GOING UP FAST 🔥🔥🔥🔥🔥🔥🔥

SOON CG-CMC-CEX 💎

$SOL
Jupiter Price Prediction: A Bullish Trajectory on the Horizon for JUP? In recent trading sessions, the #Jupiter price has showcased notable bullish momentum, as evidenced by a series of closing prices that reflect a consistent uptrend. From a technical standpoint, the latest data from the 4-hour chart presents a compelling case for potential upward movements in the near future, but also warns of areas of caution that traders should be mindful of. Starting with the closing prices, the pair has demonstrated a progressive increase: opening at $1.497, it advanced through a sequence of higher closes, culminating at $1.8108. This pattern of growth is further underscored by the moving averages, with the 9 EMA (Exponential Moving Average) moving from $1.4716 to $1.6485, and the 20 EMA from $1.4201 to $1.5334 over the same period. These indicators not only confirm the bullish sentiment but also highlight a growing momentum as the 9 EMA consistently stays above the 20 EMA, suggesting a strong upward trend. The MACD (Moving Average Convergence Divergence) line has remained above the signal line throughout the observed period as well, with the histogram also indicating increasing bullish momentum. The RSI (Relative Strength Index) values have steadily increased from 62.53 to a peak of 79.83 before slightly declining to 78.54. This indicates that while the market is approaching overbought territory, there's still a strong buying interest, hinting at the possibility of further upward movement. However, traders should be cautious around the support levels of $1.4686 and $1.2767. A pullback to these levels could serve as potential entry points for long positions, provided the bullish trend continues. Conversely, should the price action show signs of weakness or reversal, these levels could also act as exit points to minimize losses. $JUP #JUP #Solana #trendingTopic The full analysis and trade strategy were originally posted on ecoinimist.com.
Jupiter Price Prediction: A Bullish Trajectory on the Horizon for JUP?

In recent trading sessions, the #Jupiter price has showcased notable bullish momentum, as evidenced by a series of closing prices that reflect a consistent uptrend. From a technical standpoint, the latest data from the 4-hour chart presents a compelling case for potential upward movements in the near future, but also warns of areas of caution that traders should be mindful of.

Starting with the closing prices, the pair has demonstrated a progressive increase: opening at $1.497, it advanced through a sequence of higher closes, culminating at $1.8108. This pattern of growth is further underscored by the moving averages, with the 9 EMA (Exponential Moving Average) moving from $1.4716 to $1.6485, and the 20 EMA from $1.4201 to $1.5334 over the same period. These indicators not only confirm the bullish sentiment but also highlight a growing momentum as the 9 EMA consistently stays above the 20 EMA, suggesting a strong upward trend.

The MACD (Moving Average Convergence Divergence) line has remained above the signal line throughout the observed period as well, with the histogram also indicating increasing bullish momentum.

The RSI (Relative Strength Index) values have steadily increased from 62.53 to a peak of 79.83 before slightly declining to 78.54. This indicates that while the market is approaching overbought territory, there's still a strong buying interest, hinting at the possibility of further upward movement.

However, traders should be cautious around the support levels of $1.4686 and $1.2767. A pullback to these levels could serve as potential entry points for long positions, provided the bullish trend continues. Conversely, should the price action show signs of weakness or reversal, these levels could also act as exit points to minimize losses.
$JUP #JUP #Solana #trendingTopic
The full analysis and trade strategy were originally posted on ecoinimist.com.
The 640,000 WEN airdropped have not been sold yet. Will they continue to rise or fall 😂 Jupiter is launching a new JUP airdrop again. WEN is about to be abandoned again. Has your wen been sold? #WEN #Jupiter
The 640,000 WEN airdropped have not been sold yet. Will they continue to rise or fall 😂
Jupiter is launching a new JUP airdrop again.
WEN is about to be abandoned again. Has your wen been sold?
#WEN #Jupiter
JUP Price Soars 20% on CWG Budget VoteJupiter’s own token, JUP, went up by 20%. This increase in JUP’s price happened at the same time as a big rise in the Solana ecosystem and SOL’s price. This sudden increase grabbed the interest of investors. Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On ChikaMoji.lol At the same time, something important happened: the value of SOL, another cryptocurrency, was going up, too. This increase in both JUP and SOL caught the attention of market experts. They said that the reason for JUP’s rise might be because Jupiter announced they were starting a voting process for their Core Working Group budget plan. Jupiter Exchange’s Vision for Decentralized Finance Introduction: Jupiter Exchange, a key player in the Solana ecosystem, recently unveiled a groundbreaking proposal centered around its Core Working Group (CWG), signaling significant shifts in the landscape of Solana’s decentralized exchange (DEX). Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On ChikaMoji.lol Purpose of the Proposal: The proposal aims to fortify Jupiter Exchange’s ecosystem and promote community-driven initiatives. Its overarching goal is to redefine Jupiter’s developmental trajectory, positioning it as a frontrunner in decentralized finance (DeFi) within the Solana ecosystem. Objectives of the CWG: The multidimensional objectives of the CWG include designing and implementing processes, systems, and best practices to foster a vibrant and equitable environment for Jupiter’s stakeholders. Establishing Leadership in Innovation: The Community Working Group (CWG) endeavors to position Jupiter as a beacon of innovation within the decentralized autonomous organization (DAO) landscape. Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On ChikaMoji.lol Transformation into GDSE: A key component of the plan involves transforming the platform into the Global Decentralized Stock Exchange (GDSE). This initiative encompasses various endeavors such as facilitating community engagement in the DAO, curating ecosystem token lists, and spearheading the LFG Launchpad to nurture innovative startups. Also Read:   South Korean Investors Seek Crypto Taxation Delay Harnessing Community Expertise: The CWG aims to usher in a new era of decentralized finance by leveraging the expertise of its members, who have made substantial contributions to the Solana ecosystem and the broader DeFi sector. Sustainable Growth Strategy and Financial Plan by CWG The Community Working Group (CWG) has devised a comprehensive financial strategy aimed at sustaining operations and fostering long-term growth within the Jupiter ecosystem. The plan entails a two-year allocation of 4.5 million JUP tokens, vested over the same period, alongside a twelve-month expense budget totaling $450,000 to cover operational costs. Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On ChikaMoji.lol The allocation seeks to align incentives and promote talent retention within the CWG, ensuring consistency and stability in its efforts to support the Jupiter ecosystem. By establishing a balanced relationship between the CWG, the DAO, and the Jupiter team, this funding approach sets a precedent for community-driven development and decentralized governance within the Solana ecosystem. At the time of writing, the JUP price surged by 21.71% to $1.53, while trade volume skyrocketed by 98.45% to $482.78 million. Over the past 30 days, Jupiter Exchange has experienced a remarkable 160% increase, underscoring the heightened investor interest in the cryptocurrency. Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On ChikaMoji.lol Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice. #Jupiter  #Altcoin  #Cryptocurrency  #CryptoNews  #JUP $JUP

JUP Price Soars 20% on CWG Budget Vote

Jupiter’s own token, JUP, went up by 20%. This increase in JUP’s price happened at the same time as a big rise in the Solana ecosystem and SOL’s price. This sudden increase grabbed the interest of investors.
Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On ChikaMoji.lol

At the same time, something important happened: the value of SOL, another cryptocurrency, was going up, too. This increase in both JUP and SOL caught the attention of market experts. They said that the reason for JUP’s rise might be because Jupiter announced they were starting a voting process for their Core Working Group budget plan.

Jupiter Exchange’s Vision for Decentralized Finance
Introduction: Jupiter Exchange, a key player in the Solana ecosystem, recently unveiled a groundbreaking proposal centered around its Core Working Group (CWG), signaling significant shifts in the landscape of Solana’s decentralized exchange (DEX).

Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On ChikaMoji.lol

Purpose of the Proposal: The proposal aims to fortify Jupiter Exchange’s ecosystem and promote community-driven initiatives. Its overarching goal is to redefine Jupiter’s developmental trajectory, positioning it as a frontrunner in decentralized finance (DeFi) within the Solana ecosystem.
Objectives of the CWG: The multidimensional objectives of the CWG include designing and implementing processes, systems, and best practices to foster a vibrant and equitable environment for Jupiter’s stakeholders.
Establishing Leadership in Innovation: The Community Working Group (CWG) endeavors to position Jupiter as a beacon of innovation within the decentralized autonomous organization (DAO) landscape.

Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On ChikaMoji.lol

Transformation into GDSE: A key component of the plan involves transforming the platform into the Global Decentralized Stock Exchange (GDSE). This initiative encompasses various endeavors such as facilitating community engagement in the DAO, curating ecosystem token lists, and spearheading the LFG Launchpad to nurture innovative startups.
Also Read:   South Korean Investors Seek Crypto Taxation Delay
Harnessing Community Expertise: The CWG aims to usher in a new era of decentralized finance by leveraging the expertise of its members, who have made substantial contributions to the Solana ecosystem and the broader DeFi sector.
Sustainable Growth Strategy and Financial Plan by CWG
The Community Working Group (CWG) has devised a comprehensive financial strategy aimed at sustaining operations and fostering long-term growth within the Jupiter ecosystem.
The plan entails a two-year allocation of 4.5 million JUP tokens, vested over the same period, alongside a twelve-month expense budget totaling $450,000 to cover operational costs.

Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On ChikaMoji.lol

The allocation seeks to align incentives and promote talent retention within the CWG, ensuring consistency and stability in its efforts to support the Jupiter ecosystem.
By establishing a balanced relationship between the CWG, the DAO, and the Jupiter team, this funding approach sets a precedent for community-driven development and decentralized governance within the Solana ecosystem.
At the time of writing, the JUP price surged by 21.71% to $1.53, while trade volume skyrocketed by 98.45% to $482.78 million.
Over the past 30 days, Jupiter Exchange has experienced a remarkable 160% increase, underscoring the heightened investor interest in the cryptocurrency.

Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On ChikaMoji.lol

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Jupiter  #Altcoin  #Cryptocurrency  #CryptoNews  #JUP $JUP
🚀🔥 Exciting Launch Alert! JUP Token from Solana's Premier DEX, Jupiter! 🔥🚀 📆 Today marks the highly anticipated launch of the JUP token, creating waves of excitement within the #Solana community. The pre-market surge in JUP's price has added to the anticipation for this major event, set to unfold on Solana's prominent DEX, Jupiter. 🌐 The dedicated claim site for the lucky recipients of the airdrop is now live, following rigorous platform testing over the past weeks. For enthusiasts looking to participate in the launch, functionalities like Dollar-Cost Averaging (DCA) and Limit orders are readily available. 🕙 Save the date: January 31 at 10 am EST. The launch will commence with an initial circulation of 1.35 billion tokens, a figure that has undergone strategic adjustment. As of now, the #JUP token is listed at an initial price of $0.7 on OTC. 👉 Ready to delve deeper into the crypto realm? Share and follow for more insights! 👈😎 #Jupiter #SolanaEcosystem #TradeNTell #Write2Earn #CryptoNews $SOL $BNB $BTC
🚀🔥 Exciting Launch Alert! JUP Token from Solana's Premier DEX, Jupiter! 🔥🚀

📆 Today marks the highly anticipated launch of the JUP token, creating waves of excitement within the #Solana community. The pre-market surge in JUP's price has added to the anticipation for this major event, set to unfold on Solana's prominent DEX, Jupiter.

🌐 The dedicated claim site for the lucky recipients of the airdrop is now live, following rigorous platform testing over the past weeks. For enthusiasts looking to participate in the launch, functionalities like Dollar-Cost Averaging (DCA) and Limit orders are readily available.

🕙 Save the date: January 31 at 10 am EST. The launch will commence with an initial circulation of 1.35 billion tokens, a figure that has undergone strategic adjustment. As of now, the #JUP token is listed at an initial price of $0.7 on OTC.

👉 Ready to delve deeper into the crypto realm? Share and follow for more insights! 👈😎

#Jupiter #SolanaEcosystem #TradeNTell #Write2Earn #CryptoNews $SOL $BNB $BTC
#BORZ on #Solana has to choose between listing on #Jupiter & #Raydium 🐺🌕 Which one do you think we should go for? ☄️ https://twitter.com/WolfgangBorzoi/status/1741094956553421141
#BORZ on #Solana has to choose between listing on #Jupiter & #Raydium 🐺🌕

Which one do you think we should go for? ☄️

https://twitter.com/WolfgangBorzoi/status/1741094956553421141
I unexpectedly received 200 JUP airdrops, which was very happy. Later, I saw more than 400, more than 1,000, and even more than 17,000 JUPs from others. [Click and Claim Reward](https://www.binance.com/en/my/wallet/account/payment/binancepay/cryptoboxshare?registerChannel=276746166227738624&code=BP8VBDGBTA&_dp=L3dlYnZpZXcvd2Vidmlldz90eXBlPWRlZmF1bHQmbmVlZExvZ2luPWZhbHNlJnVybD1hSFIwY0hNNkx5OTNkM2N1WW1sdVlXNWpaUzVqYjIwdmJYa3ZkMkZzYkdWMEwyRmpZMjkxYm5RdmNHRjViV1Z1ZEM5aWFXNWhibU5sY0dGNUwyTnllWEIwYjJKdmVITm9ZWEpsUDNKbFoybHpkR1Z5UTJoaGJtNWxiRDB5TnpZM05EWXhOall5TWpjM016ZzJNalFtWTI5a1pUMUNVRGhXUWtSSFFsUkI=) I wasn't so happy in an instant. There really is no harm without comparison But behind every airdrop profit is the early interaction and contribution of others. Don't just see the results and ignore the efforts of others, Therefore, you should find future airdrop projects now and learn more about and interact with them. Only then can we gain something in the future So, what projects are you paying attention to recently? $JUP #JUPUSDT #Jupiter #Write2Earn #JUPUSDT
I unexpectedly received 200 JUP airdrops, which was very happy. Later, I saw more than 400, more than 1,000, and even more than 17,000 JUPs from others.

Click and Claim Reward
I wasn't so happy in an instant. There really is no harm without comparison But behind every airdrop profit is the early interaction and contribution of others.

Don't just see the results and ignore the efforts of others,

Therefore, you should find future airdrop projects now and learn more about and interact with them.

Only then can we gain something in the future

So, what projects are you paying attention to recently? $JUP

#JUPUSDT #Jupiter #Write2Earn #JUPUSDT
🚀 Jupiter (JUP), the Solana-based swap aggregator, gears up for a new launch platform and major events in the coming month, with plans for a 1 billion JUP airdrop on the 31st (local time), targeting 1 million receiving wallets. 🌌🪙 #Jupiter #Airdrop #SolanaSurges
🚀 Jupiter (JUP), the Solana-based swap aggregator, gears up for a new launch platform and major events in the coming month, with plans for a 1 billion JUP airdrop on the 31st (local time), targeting 1 million receiving wallets. 🌌🪙 #Jupiter #Airdrop #SolanaSurges
LIVE
--
Bullish
🎁$JUP AIRDROP🎁 Jupiter: Defi 2.0 on Solana Missed the $WEN airdrop? Don't miss the $JUP airdrop!🚀🚀 The second phase of the airdrop is just starting! We can now place orders on $JUP - this will make you eligible for the token airdrop. How? Where? 1. Enter your Solana wallet. 2. Enter the Jupiter platform. 3. Click the banner at the top of the screen (you are sure you are entering a legal website) 4. Place a DCA or Limit order (e.g. with $SOL $USDC ) 5. Wait for the airdrop pool to open. Check out the $JUP project. Now you have the chance to take a part in it from the beginning! #airdrop #solana #Jupiter #WEN #Write2Earn
🎁$JUP AIRDROP🎁

Jupiter: Defi 2.0 on Solana

Missed the $WEN airdrop?
Don't miss the $JUP airdrop!🚀🚀

The second phase of the airdrop is just starting! We can now place orders on $JUP - this will make you eligible for the token airdrop.

How? Where?

1. Enter your Solana wallet.
2. Enter the Jupiter platform.
3. Click the banner at the top of the screen (you are sure you are entering a legal website)
4. Place a DCA or Limit order (e.g. with $SOL $USDC )
5. Wait for the airdrop pool to open.

Check out the $JUP project.
Now you have the chance to take a part in it from the beginning!

#airdrop #solana #Jupiter #WEN #Write2Earn
See original
The team of the new Jupiter token was accused of an exit scam and a price drop of 63% The recently released JUP token of decentralized exchange aggregator Jupiter, built on Solana, unpleasantly surprised the crypto community with a drop of more than 63% after just 24 hours after launch. This is in stark contrast to the typical situation where new tokens see profits of up to 100% on the first day of trading. According to CoinGecko, JUP fell from $1.2707 to $0.5795 in the last 24 hours. In this regard, experts turned their attention to the team, coming to the conclusion that they were responsible for manipulating the JUP token. Well-known critic of crypto projects Adam Cochran is confident that the Jupiter team allocated 50% of the tokens to themselves, using their own platform for this. In addition, he claims that team members withdrew liquidity from the cash pool and gave some to the development team. So they actually cashed out $30 million on the first day without any lock-ups, while retaining 50% of the shares. Cochran expressed concern that such actions tarnish the reputation of a promising project. #Jupiter #JUP #Jupiter(JUP) $JUP
The team of the new Jupiter token was accused of an exit scam and a price drop of 63%

The recently released JUP token of decentralized exchange aggregator Jupiter, built on Solana, unpleasantly surprised the crypto community with a drop of more than 63% after just 24 hours after launch. This is in stark contrast to the typical situation where new tokens see profits of up to 100% on the first day of trading.

According to CoinGecko, JUP fell from $1.2707 to $0.5795 in the last 24 hours.

In this regard, experts turned their attention to the team, coming to the conclusion that they were responsible for manipulating the JUP token. Well-known critic of crypto projects Adam Cochran is confident that the Jupiter team allocated 50% of the tokens to themselves, using their own platform for this.

In addition, he claims that team members withdrew liquidity from the cash pool and gave some to the development team. So they actually cashed out $30 million on the first day without any lock-ups, while retaining 50% of the shares. Cochran expressed concern that such actions tarnish the reputation of a promising project.
#Jupiter #JUP #Jupiter(JUP)
$JUP
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