HomeAltcoinsSolana DEX Jupiter will introduce its JUP Token with a circulating supply...

Solana DEX Jupiter will introduce its JUP Token with a circulating supply of 1. 35 billion


Jupiter, a decentralized trading platform using Solana, will release its own token, JUP, for free on Wednesday at 10 a. m through an airdrop. Established

The token will have 1. 35 billion coins available to start with, which is less than the previously announced 1. 7 Jupiter’s founder, Moew, said this in a forum post on Tuesday.

In simpler words, the token could start trading with a value of about $700 million, based on the JUP-U. S Dollar perpetuals were being traded for 65 cents on Aevo at the time of the press.

Out of the first batch of 1. 35 billion coins available, 1 billion are for giving away for free, 50 million each are for lending to market makers on centralized exchanges and for use in liquidity pools, and 250 million are for a special launch pool. Airdrop means giving away free tokens to help more people use a crypto project.

Before November, about 955,000 wallets were connected with Jupiter. Two people can get the JUP airdrop, as said by Airdrop Official.


Please enter your comment!
Please enter your name here


A well-known expert thinks the price of Bitcoin will reach $64,000 in 2025.

In a big deal, Bitcoin went past $64,000 on Thursday, which hasn't happened in over two years. Bitcoin is doing really well right now. Its...

EOS shows it is keeping 2 million EOS safe.

In the ever-changing world of decentralized finance (DeFi), protecting digital assets is most important. Recent EOS events demonstrate the importance of strong security. The recovery...

AI is the future for making diets and preventing diseases that are made specifically for each person.

AI is being used to make diet plans that are personalized and can help you lose weight and stop illnesses like Alzheimer's and cancer. ...

Strike CEO Jack Mallers says company will start offering services in Africa.

Today, Jack Mallers, the CEO of Strike, has announced the expansion of Strike's suite of Bitcoin services into several African markets. I just published Announcing Strike...

Most Popular