Jupiter (JUP), a cryptocurrency built on the Solana blockchain, is making headlines. Experts predict that its price could reach
$1.97 by April 2024 and possibly even exceed
$2 by 2030. Notwithstanding dips in the broader crypto market, the price of Jupiter Coin has been showing encouragement.
Meow, the co-founder of Jupiter, proposed a 30% cut to JUP supply, sparking a 7% gain. The community has shown increasing interest in
Solana-based Jupiter and its tokenomics, with a token airdrop planned on the
Solana blockchain ramping up the excitement. The launch event alone could bring in an estimated
$700 million. Furthermore, Jupiter has been exploring the meme coin phase with its token on
Solana network. Kingpin companies such as
Coinbase and
Square are launching initiatives to boost the adoption and stabilization of cryptocurrency, indirectly bolstering the optimism around Jupiter.
JUP's price, however, has seen swings with an anticipated price dip amid this bullish news. This fluctuation doesn't eclipse the innovation and expansion Jupiter is pushing, with
Bridge fueled by $58 million funding kicking in. Market influencers are expressing increasing awe over the
BlockDAG, Jupiter Coin, and
AVAX price trends.
Jupiter is also heating up the BNB Chain Ecosystem. Overall, the market sentiment towards
Jupiter remains positive, bolstered by liquidity influx, collective market trends, and its bold projects in the pipeline.
JUP Coin News Analytics from Tue, 02 Jan 2024 08:00:00 GMT to Thu, 05 Sep 2024 15:00:26 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor 9
