Jupiter Crypto is making waves in the market with several major updates and announcements. There's interest brewing over Solana's decentralized exchange,
Jupiter, following its suspension of DAO votes until 2026 to focus on
DeFi growth. This move, coupled with its acquisitions of
Moonshot and a majority stake in Trump-favored memecoin app, have kept it in the limelight. Apart from these, Jupiter is also attracting investors with its ambitious
buyback plans, where it intends to buy back JUP tokens with 50% of fees starting the subsequent week. Predictions for
JUP's price suggest potential long-term gains. However, amidst such a bullish sentiment, Jupiter has indicated a price dip might be imminent ahead of its 'Jupuary'
airdrop. Notwithstanding its achievements, Jupiter recently encountered security issues with their exchange account getting hacked on Social Media Platform X. Despite this blip,
Jupiter's token price has increased following announcements of token burn and fee buyback plans, suggesting resiliency in its market value. It continues to draw attention with its
$612M JUP token airdrop and promises substantial growth prospects, factoring in its innovation in the
Solana ecosystem. However, there seems to be some dissatisfaction among investors regarding Jupiter’s DAO plan to allocate $140M to team members. Amidst these strategic plays, questions arise if Jupiter could save SOL holders following the Solana crash.
Jupiter Coin News Analytics from Mon, 09 Sep 2024 07:00:00 GMT to Wed, 25 Jun 2025 13:00:21 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor -6
