Three traders scored big profits thanks to Jupiter Exchangeās native token, JUP, during its airdrop, despite fluctuations in JUPās price.
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Jupiter Exchangeās native token, JUP, caused a stir in the global crypto scene as it helped three traders secure massive profits amid the broader market. These traders, identified as airdrop hunters, raked in over $1 million from the JUP airdrop, receiving 5.5 million JUP valued at $3.6Ā million across 27,600 walletĀ addresses, as revealed by Solscanās data. Despite recent volatility, JUPās price was trading positively at the time, piquing theĀ interest of traders and investors.
JUP Airdrop Triggers Global Interest
On-chain data revealsĀ that addresses 7poJrJnā¦, 2rSAFYAā¦, and DyyQ55eiā¦ were the beneficiaries of the aforementioned profits, sparking widespread interest among crypto enthusiasts worldwide as JUPās price experienced significant fluctuations since its launch.
Furthermore, SolscanāsĀ data indicatesĀ that these hunters still retain substantial amounts of JUP. Address 7poJrJnā¦ holds 319K JUP valued at $191,344, while address 2rSAFYAā¦ holds 884,601 JUP worth $530,606. Additionally, address DyyQ55eiā¦ boasts a staggering 1.06 million JUP, valued at $640,853.
Meanwhile, Jupiter Exchangeās community has celebrated the recentĀ success of the airdrop, expressing intentions to enhance Jupiterās ecosystem and contribute to the growth of the Solana ecosystem.
Simultaneously, the DEXās founder shared insights into Jupiterās upcoming initiatives to pioneer the DeFi realm, including the establishment of a J.U.P. working group and other forthcoming developments.
Amidst these developments, Jupiter has made significant strides, attracting notable attention with itsĀ listing on Binance, a prominent centralized exchange. Additionally, the projectās founder, known as Meow, addressed recent market fluctuations and strategicĀ listings concerning the JUP token.
Jupiter Exchange Price Dynamics
As of the current press time, JupiterĀ Exchangeās price has surgedĀ by 2.81% over the past 24 hours, reaching $0.6201. Despite this increase, the token demonstrates high volatility, as indicated by market charts provided by CoinMarketCap.
However, despite the recent upward movement, the token has primarily traded in the red since its recent listing. This trend has led to further considerations and interpretations regarding the tokenāsĀ performance and marketĀ behavior.
Important:Ā 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.
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