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Partnership Between Solana DEX Jupiter and Mercuryo as JUP Price Approaches $0.60

Partnership Between Solana DEX Jupiter and Mercuryo as JUP Price Approaches $0.60

Jupiter Exchange Partners with Mercuryo for Enhanced Onboarding Experience

Jupiter Exchange, a decentralized exchange built on Solana, has announced a significant integration with Mercuryo to introduce a fiat on-ramp on its platform. This collaboration aims to streamline the onboarding experience for new users entering the Solana ecosystem. With this integration, users can conduct transactions using credit cards with zero fees for a limited time. Jupiter Exchange is known for its comprehensive gateway, which includes a Bridge comparator, a Wormhole bridge, and now a fiat on-ramp. This multifaceted approach provides users with various options to explore the Solana network.

Volatility and Airdrop Frenzy Surrounding JUP Token

The JUP token has recently experienced notable volatility despite its listing on major exchanges like Binance, Bybit, LBank, and BitMart. Within 24 hours, the token approached the $0.60 mark, indicating increased market turbulence. Additionally, a recent JUP airdrop has sparked global interest in the token’s potential. Three traders collectively received 5.5 million JUP tokens worth $3.6 million through the airdrop. Airdrop hunters have also amassed over $1 million in profits from leveraging the JUP airdrop through various wallet addresses.

The addresses 7poJrJn, 2rSAFYA, and DyyQ55ei hold significant amounts of JUP and are closely monitored by the crypto community. Jupiter Exchange currently ranks second in DEX trading volumes according to CoinGecko data, trailing behind Uniswap V3 (Ethereum). However, the price of JUP has experienced fluctuations, with the current price at $0.6204 and trading volume over the last 24 hours at $695.24 million.

Hot Take: Jupiter Exchange Gains Momentum in the Solana Ecosystem

Jupiter Exchange continues to make waves in the Solana ecosystem with its strategic partnerships and the growing interest surrounding its native token, JUP. The integration with Mercuryo enhances the user experience by providing a fiat on-ramp and attracting new users to explore Solana. Despite the token’s volatility, Jupiter Exchange remains a key player in the Solana blockchain network, ranking high in trading volumes. As the crypto community closely watches Jupiter Exchange and its native token, it will be intriguing to see how the platform evolves and impacts the broader crypto market.

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Partnership Between Solana DEX Jupiter and Mercuryo as JUP Price Approaches $0.60