Jupiter repurchases 16.86M JUP tokens worth $9.32M in buyback.
Jupiter (JUP) has recently registered some minor gains rising by 3.50% in the last day. However, earlier market losses mean the altcoin experienced a 1.38% decline in the past seven days.
Jupiter faces a possible decline as the flag pattern signals downward pressure toward $0.41.
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The crypto market dipped back into bearish territory as prominent cryptocurrencies, including Bitcoin (BTC), registered notable declines. BTC reached a high of $86,444 as markets rallied.
JitoSOL is not a security, the protocol claimed in a new research paper.
Made in USA cryptos to watch this week include XRP, Pi Network (PI), Story (IP), Jupiter (JUP), and Aerodrome Finance (AERO). XRP is leading in market cap, while PI is coming off one of the largest token launches in recent history.
Ethena's daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%.
The cryptocurrency market remains on edge as Bitcoin (BTC) struggles within a tight range of $76,000 to $84,472, weighed down by trade tensions and economic uncertainty.
The crypto market had a mixed day as price action varied across cryptocurrencies. Bitcoin (BTC) continues to struggle, briefly dipping below $80,000 before recovering and moving to its current level.
JUP price hovers near a critical level, signaling potential movement. Market participants should watch for confirmation signals.
Here is how some of your favorite assets concluded the week.
Jupiter has created history with its mind blowing hold over the world. The financial system was revolutionized when Jupiter started climbing the ladder.
Jito price remains in a deep bear market after falling by over 40% from its highest level in December last year. Jito (JTO), the biggest liquid staking and restaking network on Solana, was trading at $2.
TL;DR Jito has proposed a tokenomics model that includes token buybacks and fee redistribution to strengthen the ecosystem and increase JTO's value. New mechanisms like “Buyback and Barter” and “Real Yield Gauges” are introduced to optimize incentives for token holders. While not yet official, the proposal has sparked significant debate within the JitoDAO community.
The idea proposes structured decision-making framework that balances "recycling" and "rewards," shifting beyond passive accumulation.
Jito's Andrew Thurman proposes using protocol fees to potentially pay for JTO token buybacks that have been "bartered" with other DAOs.
A contributor to the forum of the Jito Foundation proposed potential mechanisms for revenue redistribution. The proposal caused whale buying and a JTO token rally to $2.62.
Jito (JTO) has faced increasing selling pressure, struggling to break above key resistance levels, and recently experienced a “death cross” on its exponential moving averages (EMAs). This technical formation signals a potential bearish trend, suggesting that JTO might face further downside.
Jito struggled to break key resistance levels while witnessing a death cross on the EMAs.
Despite the broader cryptocurrency market remaining bearish, several assets are witnessing increased capital inflows in the short term.
The crypto market rebounded on Wednesday after President Donald Trump hinted at a tariff relief after Commerce Secretary Howard Lutnick reportedly stated Trump could roll back tariffs on Canada and Mexico, with an announcement likely on March 5.
Jito (JTO), a token developed within the Solana ecosystem, has been gaining attention due to its role in liquid staking and its growing adoption. As the Solana blockchain has faced challenges, Jito's unique features have positioned it as an essential player in the ecosystem.
Bitcoin's (BTC) decline is showing no signs of slowing down, with the price down over 6% in the past 24 hours. The flagship currency briefly dipped under the $80,000 level as bears eye $73,000.
Jupiter raked in $10.88M in daily fees, outperforming Uniswap, PancakeSwap, and Hyperliquid, and trailing only Tether's $18.19M revenue.
Jupiter Exchange is using the fee generated by the protocol to buy back JUP tokens amidst sharp price declines.
Jupiter has officially begun its first JUP token buyback, with on-chain data confirming that 4.88 million JUP worth $3.33 million have already been repurchased. The Feb.
Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.
Upbit announced the addition of JTO to its KRW market, with trading commencing at 14:30 local time, on Fenruary 21.
Earlier today, the cryptocurrency market witnessed a dramatic surge in the price of JTO, the native token of Jito, following the news that Upbit would list JTO for trading on its Korean won market at 14:30 KST.
JTO, the native token of Jito, has spiked 30% since Upbit announced it will be listing the Solana-based coin on Feb. 21 at 14:30 KST.
How did Kelsier, Jupiter, and Meteora allegedly use LIBRA's liquidity to cash out at the top while everyday traders lost billions in the biggest Solana scandal since FTX? A sudden scandal On Feb.
The Solana-based DEX, Jupiter, marks a small intraday recovery while the monthly returns are down at 27%. Despite the intense bearish pressure, an analyst expects this recovery to scale to $1.
If you've been waiting for an easy way to get your paws on this popular token, the wait is over. Now, users can trade $DOG directly on Solana's leading DEX aggregator, giving them better prices, deep liquidity, and fast transactions.
The price of Jupiter Token (JUP) has recovered by 4% today after falling as low as $0.6743 in the past 24 hours, with the exchange token suffering a 12% seven-day drop amid fallout from the LIBRA controversy. The post Jupiter Token Plunges 12% as LIBRA Controversy Rocks the Solana Ecosystem appeared first on Cryptonews.
The launch of the LIBRA token has sparked controversy in the Solana ecosystem, seeing Meteora co-founder Ben Chow resign and Jupiter launch an investigation.
Jupiter (JUP) has recently entered a bearish phase, with a 34.29% price decrease over the past month. This downward momentum has carried over into the past 24 hours, with a notable 11.38% drop.
JUP could plunge further in the coming trading sessions.
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“I ask everyone not to jump to conclusions and be as kind to him as possible as he seeks to clear his name,” said Meow.
Jupiter Exchange, a decentralized exchange, is under scrutiny following the collapse of the LIBRA token, a Solana-based meme coin endorsed by Argentine President Javier Milei.
Meow, founder of Jupiter and co-founder of Meteora, revealed that nobody from Jupiter or Meteora committed any insider trading or financial malpractice. Jupiter also hired Fenwick & West law firm to investigate and report on any issues in the company.
An internal investigation by Jupiter found no evidence of "sniping" by employees around the launch of collapsed meme coin LIBRA, it said.
Several events involving diverse ecosystems are expected to make headlines in crypto this week. From defunct exchange FTX to Jupiter and Hyperliquid, crypto market participants should prepare for a volatile week.
Argentine President Javier Milei faces impeachment calls from political opponents after endorsing the cryptocurrency that turned into a $100 million rug pull.
Argentine President Javier Milei faces impeachment calls from political opponents after endorsing the cryptocurrency that turned into a $100 million rug pull.
According to meeting notes published this past Friday, the discussion focused on how staking could benefit investors and strengthen blockchain security. The SEC is currently reviewing multiple proposals for Solana ETFs as asset managers rush to bring alternative crypto ETFs to market.