Jupiter Coin continues to make strides in the cryptocurrency world with promising indicators pointing towards a bullish outlook. The utilization of
BlockDAG technology is garnering high praise, with some positing bright futures for both Avalanche and Jupiter. Significant interest in
Jupiter Coin is demonstrated by its
price prediction forecasted to reach $1.97 by April 08, 2024, and potential to hit $4 by 2030. Co-Founder Meow's proposal to cut
JUP supply has stirred market activity, sparking a 7% gain. Meanwhile,
Solana-based Jupiter DEX has kickstarted a native DAO with an impressive $137M in initial capital, showing signs of further expansion. However, certain setbacks have also been observed. After soaring to an all-time high, Jupiter’s token experienced a subsequent retreat, and Jupiter DEX's volume has seen a considerable plunge. Criticisms were raised regarding Jupiter Exchanges collaboration with allegedly fraudulent meme coin operatives. DEX's token also saw a surprising 70% drop following its listing on major exchanges. Jupiter Exchange recently launched a new referral program to mitigate these issues while fostering growth in user base. There are also previews of their mobile app set to release this year, offering zero-fee trading. In a move to optimize its network, Jupiter intends to upgrade its backend systems to address network congestion issues. The compliance division has also withdrawn its investment in Ripple's XRP ETP. As
Jupiter Coin navigates these challenges with innovative solutions, it persists as a solid candidate for investment.
Jupiter Coin News Analytics from Tue, 02 Jan 2024 08:00:00 GMT to Wed, 21 Aug 2024 13:37:16 GMT -
Rating 7
- Innovation 8
- Information 7
- Rumor -6
