The native token of Jupiter Exchange, JUP, recently caused a frenzy in the crypto market as three traders made massive profits through the JUP airdrop. These traders received an airdrop of 5.5 million JUP, worth $3.6 million, through various wallet addresses. The JUP price has been trading positively, attracting the curiosity of traders and investors.
An In-Depth Look
According to on-chain data, three specific addresses have garnered significant profits from the JUP airdrop. These traders still hold substantial amounts of JUP, with one address holding 319K JUP worth $191,344, another holding 884,601 JUP worth $530,606, and the third holding 1.06 million JUP worth $640,853.
Jupiter Exchange’s community is celebrating the success of the airdrop and plans to further improve Jupiter’s ecosystem. The exchange’s founder has also shared plans to pioneer the DeFi realm with initiatives like a J.U.P. working group.
JUP Price Surge
The price of JUP has surged by 2.81% in the past 24 hours and currently sits at $0.6201. However, the token remains highly volatile according to market charts. Despite its recent listing on Binance and strategic efforts by its founder, the token has primarily traded in the red.
Hot Take: Jupiter Exchange’s Airdrop Creates Buzz in Crypto Market
Jupiter Exchange’s recent airdrop of its native token JUP has generated excitement and profits for three lucky traders. With millions of dollars worth of tokens distributed through various wallet addresses, these traders are now holding significant amounts of JUP. The positive movement in the JUP price has attracted attention from traders and investors. Meanwhile, Jupiter Exchange’s community plans to enhance the ecosystem and drive innovation in the Solana ecosystem. As JUP continues to experience volatility in its price, it remains an intriguing asset to watch in the crypto market.
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