An exceptional launch for Jupiter’s token:
- Jupiter’s JUP token has just been listed on the secondary market
- Several million dollars in volumes were generated on the market right from the start of the listing.
- JUP is currently trading around XX dollars.
A successful launch for Jupiter’s JUP
Jupiter’s native token, JUP, has just been listed on the market and is already generating impressive volumes. Just minutes after its listing, the token has already shown remarkable performance with a price of XX and a trading volume exceeding XX million dollars.
The token has been listed on more than 50 centralized exchanges (CEX) such as Binance, Bybit, Bitfinex, OKX, and many more.
Furthermore, it is worth noting that prior to the official launch, JUP was already being traded as a perpetual derivative in the “pre-market” on Aevo, with a price of approximately 0.70 dollars, resulting in a fully diluted market capitalization of 6.6 billion dollars.
Excitement generated through the airdrop
The excitement surrounding the launch of JUP is largely due to the airdrop conducted by the protocol. Indeed, Jupiter initiated a retrospective airdrop to reward users who traded at least 1,000 dollars, targeting 955,000 wallet addresses.
With 1.35 billion tokens in circulation, representing 13.5% of the total supply of 10 billion, Jupiter underscores its ambition to become the leading decentralized exchange aggregator on Solana.
Jupiter’s pseudonymous founder, Meow, has also announced the launch of a native liquidity pool with an initial token price set at 0.40 dollars, aligned with the pool’s price curve.
