Jupiter Launches JUP Token with $1 Billion Market Cap on Solana-based DEX Aggregator
Jupiter, a decentralized exchange aggregator based on Solana, has launched its JUP token with a market cap of just under $1 billion. The platform is currently doing more 24-hour volume than Uniswap, the largest DEX on Ethereum. JUP has a maximum circulating supply of 1.35 billion, with team vesting starting in the second "Jupuary." The token distribution plan includes a buffer of 33 million JUP tokens that are not part of the airdrop, and the team is considering distributing more tokens to users every January 31.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Google Cloud Unveils Blockchain RPC Service: What It Means for Adoption
Critical FED Interest Rate Decision Expected in Bitcoin Today! What Time Will It Be Announced? Here Are the Expectations and Things to Know!
While the FED's interest rate decision is awaited in Bitcoin today, it remains unclear whether the FED will reduce interest rates by 25 basis points or 50 basis points.
Last Minute Interest Rate Announcement from BofA and Two Companies – Here is the Decision They Expected Just Ahead
Analysts from BofA and two other firms shared their latest expectations for the Fed's interest rate decision, which is now just minutes away.
The FED’s Decision is Just Minutes Away: Here is the Decision Time and Expectations According to the Latest Data
The FED's eagerly awaited decision is now just minutes away. So, what are the expectations according to the latest data?