Solana

Jupiter

DeFi

Million

<h2 id="b-tldr-b">TLDR</h2>
<ul>
 <li style="font-weight: 400;" aria-level="1">Trader earns over $1 million in profits from JUP token airdrop.</li>
 <li style="font-weight: 400;" aria-level="1">5.5 million JUP tokens worth $3.6 million were distributed to 27,600 wallet addresses. The move comes from a broader series of airdrops worth roughly $700 million.&nbsp;</li>
 <li style="font-weight: 400;" aria-level="1">Jupiter gained attention with its Binance listing and partnership with Mercuryo, signaling the next evolution for the Solana ecosystem.&nbsp;</li>
</ul>
Jupiter exchange’s token JUP shook the entire crypto world after an individual trader made a $1 million <a href="https://www.nasdaq.com/articles/a-teenager-made-over-$1m-on-$jup-airdrop:-i-invested-time-resources-into-this" rel="noopener noreferrer nofollow">profit </a>from its airdrops. According to Look on Chain and Solscan’s data, almost 5.5 million JUP were distributed in the airdrop worth $3.6 million to 27,600 wallet addresses.
Traders with the wallet addresses 7poJrJn, 2rSAFYA, and DyyQ55ei, made the most profit of $1 million from the airdrops, which made JUP the center of attention. The JUP community played a great role in making this airdrop successful, and the traders still kept a lot of JUP even after selling some for profit. The community is now focused on helping the Solana network grow.
<h2 id="b-jupiter-exchange-s-impact-on-crypto-market-b">Jupiter Exchange’s Impact on Crypto Market</h2>
Jupiter exchange got a lot of attention when it was listed on Binance. Its founder, who’s known as Meow, talked about their strategic listings and collaboration with Mercuryo. The partnership was focused on introducing a fiat on-ramp to make it easy for the Solana network community.&nbsp;
Jupiter’s partnership with Mercuryo offers a variety of services like wormhole bridge and bridge comparator. The DeFi aggregator is playing a significant role in expanding the ecosystem and improving access to liquidity.&nbsp;
Before the airdrop of Solana-based JUP, Its Ethereum version also saw an increase of 430%, pumping from $0.005 to $0.026 on 31st January and then falling back to $0.007. The Ethereum version was launched in 2017, but it’s now inactive.
Jupiter’s (JUP) successful launch has diverted investor attention to other meaningful projects, including cutting-edge trading platform Algotech (ALGT).&nbsp;
<h2 id="b-algotech-positioned-to-surpass-jupiter-with-wildly-successful-private-seed-round-b">Algotech Positioned to Surpass Jupiter With Wildly Successful Private Seed Round&nbsp;</h2>
Despite Jupiter’s monumental success, investors are continuing to explore other projects with expansive potential. <a href="https://algotech.trade?utm_source=insidebitcoins&amp;utm_medium=pr&amp;utm_campaign=0702" rel="noopener noreferrer nofollow">Algotech (ALGT)</a> has emerged as a major choice by market insiders after the platform concluded it’s private sale.&nbsp;
The project managed to raise $1.1 Million in just two days thanks to it’s community-centric vision. Community members of the project will be entitled to governance rights, profit shares and will have access to advanced trading strategies including hedging, mean reversion, and algorithmic consolidation.&nbsp;
Unlike Jupiter, which has sustained a significant chunk with founders, Algotech (ALGT) promises to reinvest the majority of the project earnings back into the growth of the ecosystem.&nbsp;
As of right now, the presale of the project is available at $0.04. However, that is expected to grow significantly in the coming few months.&nbsp;
For more details:
<a href="https://algotech.trade?utm_source=insidebitcoins&amp;utm_medium=pr&amp;utm_campaign=0702" rel="noopener noreferrer nofollow">Visit Algotech Presale</a>
<a href="https://linktr.ee/algotech.trade" rel="noopener noreferrer nofollow">Join The Algotech Community</a>

Trader Earns $1 Million in Jupiter Airdrop; Algotech Next?

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Inside Bitcoins

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