will go down for sure momentarily but will go back up again worry not jup is a strong coin and the fact that solana just keep gaining popularity means jup as one of its biggest dex will always attract attention.
though of course it's just speculation but i wouldn't worry so much.
I believe it will go down in the short term but could recover in the longer term, maybe in Q2 or Q3 of this year. I had the airdrop, but it’s the smallest one. At least there’s something. That’s always what happens, I think, when tokens go into the market.
Yeah, some people would sell their airdrop, but they need to wait 1 month before they can sell it. When we want unstake our JUP, we need to wait 30 days, i think its good solution to prevent the token got dumped by lot of people immediatelly when they receive the airdrop.
Doesn't matter its small or big, airdrop is free money, we all win 😉
honestly a coin like jup, can just let the market dump a little bit and after few days there will be surge of demand from whales who will hold jup long term though we can't deny this is an airdrop with big size in total. definitely gonna put a dent.