
Jupiter Coin has seen a substantial increase in its price, driven by a range of factors including expansion efforts, Bitcoin's market tailwinds, platform upgrades, and various acquisitions. There have been investment scams where investors from Jupiter escaped, thanks to timely intervention from the police. Jupiter (JUP) price prediction and analysis indicate a potential rally towards $1, while long-term gains are projected for JUP by 2025. Amid the meme coin craze, Jupiter has taken a majority stake in a meme coin app favored by Trump and integrated SonarWatch into Moonshot after its acquisition.
On the negative side, JUP volume dropped by $1B ahead of the 'JUPuary' airdrop, leading to an expected price dip. There are plans for a 3 billion token burn and a 50% fee buyback plan, which could fuel a major price rally. Financial projections indicate that Jupiter buybacks could total more than $100M annually. There have been issues as Jupiterβs exchange account got hacked on a social media platform and fake meme coins were promoted. JUP made a recovery after hitting a record low, and the price increased by 40% after announcing its token burn and fee buyback plan.
JUP's token value jumped 6% following the announcement of a $3 billion token burn and buyback plan. It seems that Jupiter is gaining traction in the Solana-based DeFi protocols as it prepares for a second $560M airdrop. Jupiter has unveiled bold plans at the Catstanbul 2025 conference - including significant token burns and AI expansion. The launch of Trump meme coin contributed to the doubling of Jupiter's trading volume.
Finally, Jupiter announced an airdrop of 612 million JUP tokens, which could be a lucrative opportunity for cryptocurrency investors.
Jupiter Coin News Analytics from Mon, 29 Jan 2024 13:17:16 GMT to Tue, 27 May 2025 19:59:05 GMT - Rating 5 - Innovation 7 - Information 6 - Rumor 4