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Jupiter made a significant acquisition, and a number of major announcements, at its 'Catstanbul 2025' event in Turkey.
Jupiter, a leading decentralized exchange (DEX) on Solana, has acquired a majority stake in Moonshot, a platform designed to streamline meme coin trading.
Jupiter, the leading perpetual exchange network on Solana, is seeking more growth opportunities. In an X post, Jupiter's (JUP) pseudonymous founder, known as “Meow,” said the decentralized exchange had acquired a majority stake in Moonshot for an undisclosed sum.
Jupiter exchange, a Solana's on-chain DEX, acquired a majority stake in Moonshot. The application is instrumental as the exchange continues to distribute JUP tokens.
Solana DEX Jupiter's native coin JUP price jumped nearly 8% on Saturday, primarily riding the back of remarkable community developments. Notably, the DEX platform has marked monumental strides, acquiring a majority stake in the crypto trading platform Moonshot, among other advancements.
Jupiter's strategic acquisitions could significantly enhance its influence in the Solana ecosystem, potentially reshaping decentralized finance dynamics. The post Jupiter takes majority stake in Moonshot and integrates SonarWatch appeared first on Crypto Briefing.
Jupiter, Solana's third-largest DeFi protocol, acquires a stake in Moonshot, though the deal's specifics remain undisclosed.
Jupiter acquires Moonshot to expand its presence in the memecoin trading sector.
Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex
Decentralized exchange (DEX) Jupiter officially announced its much-awaited airdrop on Wednesday. The trading platform airdropped 700 million JUP coins, worth approximately $500 million, to over 2 million wallets. As of January 24, 61% of qualified participants, 578,657 wallets, had claimed their assets. Meanwhile, trader attention switched to the exchange's native token amid the ecosystem developments.
Jupiter's $500M AirDrop sees 61% claimed, but JUP price drops 11% amid sell-offs and liquidations.
TL;DR Jupiter distributed 700 million JUP tokens worth $500 million to over 2 million wallets, generating high volatility in the market. JUP's price dropped 11.22% in the last 24 hours, accompanied by a 166% surge in trading volume, reaching $609 million. Technical analysis indicates a clear bearish trend, with predictions of a drop to $0.
On Wednesday, Solana-based decentralized exchange (DEX) Jupiter launched its highly anticipated Jupuary airdrop, distributing 700 million JUP tokens worth approximately $500 million across more than 2 million wallets.
Solana-based decentralized exchange (DEX) finally launched its Jupuary airdrop today, with more than 2 million wallets eligible to receive JUP tokens.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Jupiter token dips amid technical difficulties during airdrop, with 700 million JUP distributed to 2 million wallets. The post Jupiter token price dips following airdrop launch appeared first on Crypto Briefing.
Jupiter is set to execute a significant airdrop today, distributing approximately 700 million JUP tokens, valued at $616 million.
TL;DR Jupiter is distributing nearly 700 million JUP tokens, valued at approximately $616 million, in its “Jupuary” airdrop today. The airdrop targets active users and dedicated community members, with specific allocations based on their activity levels.
On Wednesday, January 24, 2025, the Jupiter ecosystem will distribute 612 million JUP tokens for free to its users through a crypto airdrop.
Jupiter, a Solana-based decentralized exchange aggregator, is distributing nearly 700 million JUP tokens, valued at $616 million, in its much-anticipated “Jupuary” airdrop. Following the news, Jupiter's token, JUP, is currently trading at $0.88, reflecting a 33% increase since its launch in January 2024. With a circulating supply of 1.
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Jupiter will 'Jupuary' airdrop today, distributing 700 million JUP tokens ($616 million) to its community.
Jupiter's JUP token fell as the Solana decentralized exchange prepares to open claims for its latest airdrop for users.
Jupiter, a leading decentralized finance (DeFi) protocol on Solana, has announced the details of its much-anticipated Jupuary airdrop.
