Post
Topic
Board Speculation (Altcoins)
Re: Lets talk about Jupiter (JUP) price!
by
tokeweed
on 30/01/2025, 08:50:34 UTC

Today, Jupiter price was reached $1.2 then it back to below $1.18 but still, it increased +25% suudenly, what caused the price spiked? Its because JUP just announced they will use 50% from JUP fees to buy back JUP token!
Source : X

Good strat to prop up the token's price.  And if anything, it's good as each token burned makes the remaining ones still around more valuable for the guys holding them.

I got a little bit of the airdrop...  Just tad over 300 bucks for using the protocol to trade memecoins every now and then.  Lucky for me I waited for a better price to sell then when it went over 1 USD, that's when I sold all, bridged to Arbitrum then sent it to Hyperliquid to buy more HYPE.  Grin

I think all my next airdrops will be sold to buy HYPE.