Coinbase is expanding into a variety of markets, including stocks and prediction, and will be launching direct trading of Jupiter DEX on its platform. In addition to that, Jupiter's native token, JUP Coin, has been listed as spot trading on their platform. Meanwhile,
Jupiter is developing its exclusive
JUPUSD stablecoin with support from Ethena Labs. This stablecoin, planned to be launched next week, is expected to uphold crypto user safeguards through VRFD. Jupiter is also confronted with a potential price setback with the projected *further token dump*. Jupiter's ongoing projects include a DTF Launchpad for diverse coins and a
Kalshi-powered prediction market for signifying events like the F1 Mexico Grand Prix. Concerning token economics, Jupiter officials announced a strategy to buy back tokens using a portion of their fees, resulting in a noticeable surge in their value. Despite exchange stumbles like the NPM attack, Jupiter persists in evolution, launching the Limit Order V2 for smarter trading on Solana, while partnerships with Uniswap and others expand their reach. However, market uncertainty surrounding Jupiter increases deduction risk, indicated by an 80% crash and panic selling by JUP holders. Desperate to evade a similar fate, Jupiter plans to 'progressively convert' $750 million USDC into their JUPUSD stablecoin to stabilize valuation.
Jupiter Coin News Analytics from Wed, 22 Jan 2025 08:00:00 GMT to Sat, 20 Dec 2025 14:34:02 GMT -
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- Rumor 5
