Jupiter Announces Jupuary Airdrop: 700M Tokens for CommunityJupiter, the Solana-based DEX, has unveiled its much-anticipated Jupuary airdrop, distributing 700 million JUP tokens to users, stakers, and community participants. This initiative aims to reward loyalty and promote the use of Jupiter’s advanced DeFi ecosystem.
Airdrop Details
- Eligibility: Users of Jupiter products, stakers, and active community members.
- Tiers: Rewards are divided into five tiers based on trading volume and activity, with examples including 50 JUP (~$45) for an annual trading volume of $800+.
- Snapshot: Eligibility was determined in November 2024.
- Claim Process: Rewards can be claimed via @jup_mobile, with bonus allocations for Perps, DCA, Limit Orders, and Voting participants.
Strengthening the Jupiverse
Jupiter’s airdrop reflects its ongoing commitment to incentivizing long-term participation through staking, voting, and product usage. Feedback on the distribution proposal is encouraged to ensure alignment with community expectations.
About Jupiter
Jupiter is a premier swap aggregation engine on Solana, providing liquidity infrastructure and innovative DeFi products like Limit Orders, DCA/TWAP, Bridge Comparator, and Perpetual Trading. The platform recently announced a partnership with Sanctum to launch a SOL-based debit card, bridging DeFi with traditional finance.
Market Performance
- Price: $0.8123 (24-hour change: -2.89%).
- Market Cap: $1.09B.
- Circulating Supply: 1.35B JUP.
Technical Analysis
Currently, LSE:JUP is in a bearish consolidation phase, trading at $0.81 with an RSI of 40, indicating weak momentum. A potential dip to its 1-month low of $0.74 is possible, aligning with the broader market trend as CRYPTOCAP:BTC faces downward pressure at $93k.
