Bitcoin failed to reach
$70K, leading to a dip in market sentiment. However, a few altcoins, including Jupiter Coin, are expected to perform well. The trading terminal, Jupiter's Ape Pro, introduces a platform for meme coin trading on
Solana. The
price predictions for Jupiter for the years 2025 and 2030 are optimistic, projecting significant long-term gains. An analogy between
ZDEX, a promising new decentralized exchange (DEX) and Jupiter suggests that ZDEX could dwarf Jupiter with its projected 500-fold increase in value due to its proprietary ecosystem.
Considering key indicators, Jupiter's price may show a bullish reversal, consolidating above
$0.70. Meanwhile, the
deBridge platform has successfuly concluded the
DBR token sale on Jupiter's LFG with a noteworthy $2.87 million. Jupiter coin also looks at an imminent significant supply cut. A
30% supply reduction proposal is now active for voting. Amidst all these developments, the Jupiter coin price has soared by
20% ahead of a major week and supply proposal.
Jupiter anticipates a further expansion of its services with the
acquisition of SolanaFM and Coinhall. The launch of
Jupiter Mobile coincides with the acquisitions, expanding its reach and innovative services. Critically, the crypto coin is gearing up to
burn 30% of its
$JUP tokens. Despite a surge in popularity,
Jupiter Exchange has faced criticism over its meme coin collaboration with an alleged scammer.
On another front, Jupiter also plans to wrap up its
Jupuary airdrops, pending community approval. The Jupiter community has decided to extend the ASR program for another year. Despite the ongoing developments, Solana-based Jupiter has seen almost half its transactions fail in the past month. However, some experts believe that Jupiter, along with other Solana altcoins, could see sizable price surges by October 2024.
Jupiter Coin News Analytics from Tue, 02 Jan 2024 08:00:00 GMT to Wed, 23 Oct 2024 12:49:16 GMT -
Rating 3
- Innovation 6
- Information 5
- Rumor -1
