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.

The approval of the first memecoin ETFs is more likely after the departure of former SEC chair Gary Gensler, regulatory experts told Cointelegraph.

Solana-based decentralized exchange (DEX) finally launched its Jupuary airdrop today, with more than 2 million wallets eligible to receive JUP tokens.

Toncoin's normalized risk has entered a low-risk area, signaling a buying zone.

BONK has surged 12% in the past 24 hours, driven by renewed investor interest after REX Shares filed for an ETF application.

Ton Foundation, the organization overseeing development of the TON blockchain ecosystem, has shared two major announcements. The first concerns the reinforcement of its partnership with the Telegram messenger app, making TON the exclusive blockchain for all Telegram mini-apps.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

With Donald Trump assuming office as the US President, the crypto market has experienced heightened volatility. While some altcoins have surged, others have faced significant crashes, and many are gaining attention due to recent developments.

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.

Telegram no longer accepts anything but Toncoin. An exclusive partnership for its crypto services, with only one winner: the TON network.

DOGE, BONK, TRUMP, BTC, ETH, SOL and XRP in the list.

makes its official entry into the world of digital art with the launch of its first collection of NFT art, scheduled for today at 14:00 GMT.

Toncoin (TON) is currently experiencing an unprecedented phase of low volatility, as its 7-day and 30-day Annualized Realized Volatility metrics have both hit historical lows. This extended period of calm in the TON market has caught the attention of traders, as historically, such low volatility phases in cryptocurrency markets often precede sharp price movements.

Jupiter is set to execute a significant airdrop today, distributing approximately 700 million JUP tokens, valued at $616 million.

Toncoin is showing promising signs of recovery, with bullish momentum gradually building as renewed buying interest suggests a shift in market sentiment. After a period of consolidation, the cryptocurrency is gaining traction, fueling optimism for a fresh rally.

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.

Cryptocurrency analysts of Coinidol.com report, the price of Toncoin (TON) fell to a critical support level of $5.00 on January 13. TON remains above the $5.00 support in the range-bound.

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.

It was announced directly by the founder and CEO of the famous messaging app.

Telegram announced an exclusivity agreement making The Open Network (TON) the sole blockchain infrastructure for its ecosystem.

On 21 January, Telegram and the TON Foundation announced an exclusive agreement that commits embedded Web3 applications to exclusively use The Open Network.

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Jupiter will 'Jupuary' airdrop today, distributing 700 million JUP tokens ($616 million) to its community.

Amid the fervor generated by the latest launches of President Donald Trump and First Lady Melania's memecoins, REX Shares and Osprey, have captured attention by submitting filings for ETFs associated with several of the most popular cryptos: TRUMP, Bonk Inu (BONK), and Dogecoin (DOGE).

In a bold move following Trump's inauguration and Gensler's resignation, REXShares and Ospreys Funds have filed for multiple spot crypto ETFs, including pioneering memecoin funds.

A new ETF filing proposed to base a product on TRUMP meme tokens, though mixed with low-volatility assets like US government debt and money market funds.

Bonk (CRYPTO: BONK) is rallying following a first filing for a Bonk ETF. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003417 $2.6 billion +10.5% +25% OFFICIAL TRUMP (CRYPTO: TRUMP) $42.39 $8.5 billion +6% +552.5% Dogecoin (CRYPTO: DOGE) $0.3832 $56.6 billion +6.9% +7.4% Trader Notes: Crypto trader Mayne noted that BONK's price action reflects a strong push into demand, predicting it is "attempting a big reclaim.

Rex Shares has filed for several meme coin ETFs, including TRUMP, BONK, and DOGE. The firm is also attempting to begin offering several more conventional crypto ETFs, such as Bitcoin and Ethereum.

TON will become the only asset used to pay for Telegram features and the ad economy on the chat app.

A Miami-based investment firm with over $5 billion in assets under management, REX Shares, has filed to list a suite of cryptocurrency exchange-traded funds (ETFs) offering exposure to various altcoins, including major memecoins.

Jupiter's JUP token fell as the Solana decentralized exchange prepares to open claims for its latest airdrop for users.

The Open Network Foundation is expanding its partnership with Telegram to boost the adoption of the TON blockchain. In their announcement on Jan.

Bonk, the second-biggest meme coin on Solana, rose after Rex Shares filed for a spot exchange-traded fund. Bonk (BONK) rose by 6.5%, making it one of the best-performing Solana (SOL) meme coins.

TL;DR REX Shares has filed with the SEC to launch cryptocurrency ETFs, including Bitcoin, Ethereum, and the memecoin TRUMP, targeting institutional investors. The ETFs will invest at least 80% in a reference asset, and the TRUMP ETF will use a subsidiary to manage investments. Eric Balchunas from Bloomberg described the inclusion of TRUMP as “surreal.

Just a day after Donald Trump's inauguration, two firms have filed proposals for a wide range of new crypto-based investment products, including some unexpected entries: exchange-traded funds, or ETFs, based on meme coins. Why It Matters: The firms, REXShares and Osprey, have jointly submitted filings with the SEC for a whole suite of crypto ETFs, going far beyond the traditional Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) options.

Osprey Funds and Rex Shares are looking for the SEC's sign off for several proposals for exchange-traded funds based off of TRUMP and DOGE.

Just a day after Gary Gensler's formal exit from the SEC, a slew of meme coin ETFs have been filed.

Jupiter, a leading decentralized finance (DeFi) protocol on Solana, has announced the details of its much-anticipated Jupuary airdrop.

In a recent development, asset manager REX Shares has applied for a flurry of crypto-related exchange-traded funds (ETFs) with the US Securities and Exchange Commission (SEC). The filing included applications for ETFs that will offer XRP, SOL, DOGE, and BONK to institutional investors.

Telegram will prohibit other blockchain integrations as it reveals an exclusivity deal with The Open Network for crypto apps and games.

Telegram will exclusively support Toncoin and the TON network for its apps and services following a new partnership.

TON's historic low volatility hints at a critical turning point - will it lead to a breakout or breakdown?

The Solana-based meme coin BONK has broken a long-coming trendline for a bullish rally. Will this rally give a return of more than 100% this month?

This week in crypto, several events are set to shape the investors' portfolios. From the inauguration of President-elect Donald Trump to Solana ETF deadline and the Jupiter airdrop, the market is bracing for a volatile week.

TON's record-low volatility signals a calm market phase, but historical trends suggest potential for major price swings ahead.

The cryptocurrency market has seen renewed activity in the third week of January 2025, as global market capitalization increased by 2%. This uptick in market momentum has significant interest from large investors, commonly known as crypto whales, who have been accumulating select altcoins.