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Jupiter (JUP) has had a remarkable month, with its price skyrocketing over 150% in the last 30 days. Amid the crypto market slowdown and some controversies, JUP's performance has maintained momentum.
Here is how some of your favorite assets concluded the week.
This update lets Crypto.com DeFi Wallet users easily and efficiently swap tokens on the Solana blockchain. Jupiter Exchange, a prominent player in the Solana ecosystem, is renowned for its ability to provide users with the best possible swap rates.
The JUP DAO community is preparing for initiatives that highlight its dedication to growth, innovation, and engagement. First and foremost, the JUP DAO will launch the proposal to Fund the Core Working Group (CWG).
With the broader market shaping an up move and the Bitcoin price back above $67,000, the altcoins are hitting the pedal to the metal. Amidst these altcoins, Ether.Fi and Jupiter are high-potential candidates, with market participants anticipating a bull run.
Amidst anticipation surrounding the Federal Open Market Committee (FOMC) meeting and its potential impact on interest rates, cryptocurrency enthusiasts are turning their focus to alternative assets offering promising prospects.
Solana DEX Jupiter said it "will be donating current and ongoing SLERF limit order & DCA fees to the SLERF presale participants."
Bitcoin's growing dominance in the crypto market has dropped to 53% from its peak of 73% in 2021. According to experts, this decline suggests the potential for a new altcoin season.
The cryptocurrency world is no stranger to twists and turns, and the Solana-based meme coin, Slerf, recently encountered a significant setback. However, despite facing adversity, the coin witnessed a remarkable surge of over 65% in its price today.
Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42% and SOL increasing 37% in the same period.
In the past seven days, Jupiter saw a 61% increase in price. Despite experiencing a price dip to $0.0479 in January, its market cap hovers $1.7 billion.
Here is how some of your favorite assets concluded the week.
Solana's decentralised exchanges (DEX) were the leading platforms on Saturday as investors and traders pumped Book of Meme, the new hot cryptocurrency. Data compiled by CoinMarketCap shows that Jupiter's volume jumped to over $3.2 billion in the past 24 hours, its biggest on record.
Soon after the Bitcoin price plunged below $66,000, Solana also faced a similar action and dropped below $165. This move has shaken the entire crypto space for a while, but the immediate rebound in the SOL price and a continuation of a bullish trend have kept up the hopes of a bull market.
Jupiter's token (JUP) has surged by an impressive 183% over the past 30 days, even though it is still below its initial price of $2. The cryptocurrency market took a hit of nearly 8% yesterday, with Bitcoin price falling to $65,000 for the first time in over a week.
The token may be set to hit the prestigious $2 mark in a short while.
Despite the market's notable liquidation, Solana and Jupiter have recorded double-digit growth, becoming the top gainers Friday.
It is a decentralized cryptocurrency exchange based on Solana.it is built from Nxts system based on cryptography and blockchain technology. Jupiter directly connects all DEX markets and AMM pools no matter the provider and will find all direct and multi-hop routes between any two tokens on Solana.
The Solana ecosystem has experienced notable growth, and SOL's price has turned many experts bullish on it. Similarly, the Solana-based tokens are showing impressive performances during this bull run, with many being among the top gainers in different timeframes.
Jupiter, the biggest decentralised exchange (DEX) in Solana, is gaining market share as demand for tokens in the ecosystem rise. As a result, JUP, the network's token, has surged to a record high of $1, which was about 130% above its lowest level this year. Its market cap has soared to over $1.2 billion.
With every new year popping up on our calendar, the cryptocurrency space is going through tons of changes. In this evolving world, Binance has established itself as a trusted and star player.
This pivotal moment empowers JUP holders to shape the platform's future by engaging in this crucial decision-making process. The LFG initiative is more than an election.
Users have already staked $123 million worth of JUP to vote on which Solana project will get to debut a token via Jupiter's LFG launchpad.
The Solana-based trading platform was experiencing issues with its price feed infrastructure.
