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The Launch of Jupiter's Cryptocurrency Brings Payday for Solana Ecosystem Users

The Launch of Jupiter’s Cryptocurrency Brings Payday for Solana Ecosystem Users

Jupiter Launches Airdrop to Solana Users: Claim at 4 PM

After months of anticipation, the Jupiter airdrop for contributors to the Solana crypto ecosystem is finally here. The decentralized exchange aggregator, known as Jupiter, will begin accepting claims for its new JUP resource at 4 pm (3 pm UTC). To be eligible for the airdrop, users must have conducted at least one transaction on Jupiter before November 2, 2023. There are a total of 955,000 qualifying wallets. The distribution of JUP tokens will be coordinated through Jupiter’s launchpad.

Prediction of JUP Crypto Prices

Several top-level centralized exchanges, including Binance, Bybit, and Bitget, will support the Jupiter airdrop and begin trading the new currency between 4 pm and 4:30 pm Italian time. The founder of Jupiter has shared that the initial listing price for JUP is expected to be $0.4 per token, with a maximum estimated price of $0.7. However, pre-market trading currently values JUP-USD at $0.67 per unit. It is predicted that JUP could reach $1 within a few days of trading.

The Strong Growth of Jupiter on Solana

Jupiter has experienced significant growth in on-chain activities in recent months. Speculation about the JUP airdrop has boosted platform usage metrics, making it the most widely used decentralized application in DeFi on the Solana blockchain. Jupiter has led approximately 80% of organic volume on the chain and has become users’ preferred choice for decentralized trades. In terms of overall blockchain movement, Jupiter ranks as the second-largest DEX in terms of volumes, surpassing Uniswap on certain occasions.

Hot Take: Jupiter Airdrop and Solana’s Rising Star

The highly anticipated Jupiter airdrop to Solana users has finally arrived, bringing excitement to the crypto community. With over 950,000 eligible wallets, this airdrop is one of the largest in history. Jupiter’s growth as a decentralized exchange aggregator on the Solana blockchain has been remarkable, surpassing industry leaders like Uniswap in terms of usage and volumes. The launch of the JUP token is expected to further boost Jupiter’s popularity. With initial prices estimated between $0.4 and $0.7 per token, many are eagerly waiting to see how JUP will perform in the market. Solana continues to shine as a rising star in the crypto space.

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The Launch of Jupiter's Cryptocurrency Brings Payday for Solana Ecosystem Users