Bitcoin

Jupiter

Three traders scored big profits thanks to Jupiter Exchange’s native token, JUP, during its airdrop, despite fluctuations in JUP’s price.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/01/Add-a-heading-3.png?fit&#61;900%2C300&amp;ssl&#61;1" />Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On <a href="https://cryptosheadlinestoken.com/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a>Jupiter Exchange’s native token, JUP, caused a stir in the global crypto scene as it helped three traders secure massive profits amid the broader market. These traders, identified as airdrop hunters, raked in over $1 million from the JUP airdrop, receiving 5.5 million JUP valued at $3.6 <a href="https://cryptosheadlines.com/shibarium-hits-1-million-wallets-in-a-month-shib-price-rally-ahead/" rel="noopener noreferrer nofollow">million across 27,600 wallet</a> addresses, as revealed by Solscan’s data. Despite recent volatility, JUP’s price was trading positively at the time, piquing the <a href="https://cryptosheadlines.com/binance-investors-interested-in-ai-project-3-reasons-to-watch-inqubeta/" rel="noopener noreferrer nofollow">interest of traders and investors</a>.<h3 id="jup-airdrop-triggers-global-interest">JUP Airdrop Triggers Global Interest</h3><a href="https://cryptosheadlines.com/ethereum-holders-increasingly-transferring-coins-to-centralized-exchanges-on-chain-data-reveals/" rel="noopener noreferrer nofollow">On-chain data reveals</a> that addresses 7poJrJn…, 2rSAFYA…, and DyyQ55ei… were the beneficiaries of the aforementioned profits, sparking widespread interest among crypto enthusiasts worldwide as JUP’s price experienced significant fluctuations since its launch.Furthermore, Solscan’s <a href="https://cryptosheadlines.com/glassnode-data-indicates-strength-in-bitcoin-price-amid-key-events/" rel="noopener noreferrer nofollow">data indicates</a> that these hunters still retain substantial amounts of JUP. Address 7poJrJn… holds 319K JUP valued at $191,344, while address 2rSAFYA… holds 884,601 JUP worth $530,606. Additionally, address DyyQ55ei… boasts a staggering 1.06 million JUP, valued at $640,853.Meanwhile, Jupiter Exchange’s community has celebrated the recent <a href="https://cryptosheadlines.com/meme-airdrop-success-amid-high-profile-listing/" rel="noopener noreferrer nofollow">success of the airdrop</a>, expressing intentions to enhance Jupiter’s ecosystem and contribute to the growth of the Solana ecosystem.Simultaneously, the DEX’s founder shared insights into Jupiter’s upcoming initiatives to pioneer the DeFi realm, including the establishment of a J.U.P. working group and other forthcoming developments.Amidst these developments, Jupiter has made significant strides, attracting notable attention with its <a href="https://cryptosheadlines.com/binance-listing-announcement-sends-floki-rockets-up-55-in-one-hour/" rel="noopener noreferrer nofollow">listing on Binance</a>, a prominent centralized exchange. Additionally, the project’s founder, known as Meow, addressed recent market fluctuations and strategic <a href="https://cryptosheadlines.com/binance-delays-solana-based-jupiter-token-listing-jup-price-plummets-50/" rel="noopener noreferrer nofollow">listings concerning the JUP token</a>.<a href="https://cryptosheadlines.com/vechain-surpasses-200m-transactions-with-walmart/" rel="noopener noreferrer nofollow">Also Read: VeChain Surpasses 200M Transactions with Walmart</a><h3 id="jupiter-exchange-price-dynamics">Jupiter Exchange Price Dynamics</h3>As of the current press time, Jupiter <a href="https://cryptosheadlines.com/xdc-price-surges-28-following-exchange-expansion-into-japan/" rel="noopener noreferrer nofollow">Exchange’s price has surged</a> by 2.81% over the past 24 hours, reaching $0.6201. Despite this increase, the token demonstrates high volatility, as indicated by market charts provided by CoinMarketCap.However, despite the recent upward movement, the token has primarily traded in the red since its recent listing. This trend has led to further considerations and interpretations regarding the token’s <a href="https://cryptosheadlines.com/galaxy-digital-reports-134-million-profit-in-first-quarter-amid-strong-crypto-market-performance/" rel="noopener noreferrer nofollow">performance and market</a> behavior.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Jupiter Airdrop Yields Traders Over $1 Million Profit: What’s Next for JUP?

Table of Contents

CryptosHeadlines.com

Other articles published on Feb 2, 2024

Meta’s Reality Labs Reports Historic Quarterly Loss Despite Revenue Growth

Thai crypto exchange Zipmex given 15 days to suspend trading

U.S. Government Charges Trio Responsible for FTX’s Missing $400 Million, Cite FTX SIM Swap Attack

Conflux Unveils Jay Chou’s ‘Fantasy Music Metaverse’

Bitcoin: Transfer of $1.5 billion for a negligible fee, dazzling or alarming?

Binance froze $4.2M of XRP from hack on Ripple co-founder’s wallet

Join our free newsletter for daily crypto updates!