Quote from: shinratensei_ on January 23, 2025, 06:08:47 AM

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.

Quote from: janggernaut on January 22, 2025, 05:59:03 AM

Quote from: crwth on January 21, 2025, 02:16:31 PM

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.

Was down to $0.7xx but recovered and bounce back to above $0.85 now, which is awesome after they airdropped 500million JUP for all people who using Jupiter!

Quote from: justdimin on January 23, 2025, 05:45:43 PM

Quote from: janggernaut on January 21, 2025, 02:11:47 PM

What do you guys think will be happen with JUP price? Will it goes down, stable or even goes up?

I can see why there was a huge drop, because there was a huge spike as well, which just got corrected and that seems it. JUP isn't a bad one, with how SOL is getting more and more known (even trump coin is there) we could see that SOL is getting bigger and JUP will get more attention thanks to that as well. Just a week ago Jupiter was under 80 cents, now it's close to 90 cents, which goes to show you that it has actually gone up a lot during this span of time.

The trouble for it is that we have seen it spike to 1.20 dollars, which means that going from under 80 cents to over 1.20 dollars was a huge spike, and when something goes down from 1.20 dollars to a bit under 90 cents, it looks like a big crash. There isn't really a crash, it's just that we had a huge spike and because of that we are seeing a correction now, nothing more. I am sure that it has a future, and with more tokens at SOL, we are going to see JUP getting even more attention.

Yes especially when they will begin Catstanbul on Jan 25-26, they will likely get more people attention, and they will burn 30% from total JUP supply aka 3billion JUP token on that event

Source : X