Undergoing an interesting fluctuation in the cryptocurrency market, various meme coins have shown significant growth such as the $PNUT surging by 325% and Dogecoin increasing by 20% overnight. The Jupiter coin (JUP) also witnesses an incredible 29% rally with projections for long-term gains manifesting a considerable spike. Along with Bitcoin rallying to $68,000, popular cryptocurrency exchange, Coinbase shares are up 27%.
Grayscale demonstrates its keen focus on the Solana Ecosystem by taking interest in JUP, PYTH, and HNT. Solana extends its influence in the meme coin market by launching a new trading terminal with Jupiter’s Ape Pro. Altcoins like Jupiter (JUP), CYBRO (CYBRO), and Solana (SOL) are all set to spearhead a grand altcoin rally. Anticipated to gear up portfolios with multiple altcoins, the crypto bull market seems to be heating up.
Jupiter Exchange announces the burning of 30% of its JUP tokens, giving a promising outlook for the coin. Grayscale mentions considering JUP for future investments, indicating positive investor sentiment. Meanwhile, Jupiter coins show impressive trading volumes and a potential major week ahead with the announcement of a supply proposal. Interestingly, JUP's price continues to target the $2 mark despite the dip in the volume of the Jupiter DEX.
Securing its place among the top three coins dominating trending searches, Jupiter coin comes along with Polkadot (DOT), and Lunex Network (LNEX). The Jupiter Project price indicates positive market trends with stellar price growth. Moreover, Jupiter further proposes a 30% token burn, hinting at lucrative prospects for price escalation. Other noteworthy movements include Jump Crypto’s $315M unstaking of ETH heading to exchanges, and Jupiter’s acquisition of SolanaFM and Coinhall to bolster Solana Ecosystem offerings.
JUP Coin News Analytics from Tue, 02 Jan 2024 08:00:00 GMT to Wed, 13 Nov 2024 05:16:59 GMT - Rating 8 - Innovation 9 - Information 7 - Rumor -3