Token

2024

Jupiter

<p><span style="font-weight: 400;">The Jupiter price tumbled 8% in the last 24 hours to </span><a href="https://coinmarketcap.com/currencies/jupiter-ag/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">trade at $0.4973</span></a><span style="font-weight: 400;"> as of 05:32 a.m. EST on trading volume that dropped 30% to $347 million.</span></p>
<p><span style="font-weight: 400;">The price decrease comes as Jupiter introduces Sanctum, Sharky, and deBridge as LFG Launchpad candidates. Such a launch emphasizes community-driven decisions and fosters active participation with incentives and decentralized autonomous organization (DAO) dynamics.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Solana's Jupiter DEX aggregator unveils three potential projects for its LFG launchpad, including liquid staking service Sanctum, NFT collateral platform Sharky, and cross-chain provider deBridge. Community input crucial; JUP tokens withdrawn from launch pool. Jupiter plans DAO…</p>
 <p>— BlockVoyager (@BlockVoyagerAIO) <a href="https://twitter.com/BlockVoyagerAIO/status/1755796743331909646?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 9, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">Following its airdrop, the JUP price plunged, and the fall persisted.&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Jupiter?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Jupiter</a> Exchange's native token <a href="https://twitter.com/hashtag/JUP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#JUP</a> is continuously falling after listing on the exchange.</p>
 <p>Now currently the price of <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> is $0.5033 <a href="https://t.co/Ke4pdQRB8Y" rel="noopener noreferrer nofollow">https://t.co/Ke4pdQRB8Y</a> <a href="https://t.co/Wtr5nCu48a" rel="noopener noreferrer nofollow">pic.twitter.com/Wtr5nCu48a</a></p>
 <p>— Akash Majumder (@akashactt) <a href="https://twitter.com/akashactt/status/1755839664659869922?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 9, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">With Jupiter’s upcoming plans for a DAO initiation aimed at enhancing governance and incentives, the question arises: Can its price recover?</span></p>
<h2 id="span-style-font-weight-400-jupiter-price-trading-on-a-channel-down-span"><span style="font-weight: 400;">Jupiter Price Trading On A Channel Down</span></h2>
<figure id="attachment_479344" aria-describedby="caption-attachment-479344" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-479344" src="https://insidebitcoins.com/wp-content/uploads/2024/02/JUPUSDT_2024-02-09_13-32-31.png" alt="Jupiter Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/JUPUSDT_2024-02-09_13-32-31.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/02/JUPUSDT_2024-02-09_13-32-31-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/JUPUSDT_2024-02-09_13-32-31-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/JUPUSDT_2024-02-09_13-32-31-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 <figcaption id="caption-attachment-479344" class="wp-caption-text">
  JUPUSD Chart Analysis Source: Tradingview.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">The Jupiter price has been on a downtrend in the past two days after experiencing a markup phase. The bulls faced resistance at the $0.6 mark, allowing the bears to gain control of the price, driving the price down within a channel-down pattern.</span></p>
<p><span style="font-weight: 400;">JUP price bears have been able to breach the critical support level at $0.52 as they close in on the next support at $0.45. The Jupiter price is trading below both the 50-day and 200-day Simple Moving Averages (SMAs), coinciding with the overall downward trend of the price.</span></p>
<p><span style="font-weight: 400;">However, the Relative Strength Index (RSI) is on a rebound from below the 30-oversold region at 31 and heading north. This may be a sign of a potential rebound, as the bulls use these levels for entry.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-479345" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_1-1.png" alt="JUP MACD AND ADX CHART" width="1265" height="319" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_1-1.png 1265w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_1-1-300x76.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_1-1-1024x258.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_1-1-768x194.png 768w" sizes="(max-width: 1265px) 100vw, 1265px"></p>
<p><span style="font-weight: 400;">Furthermore, the Moving Average Convergence Divergence (MACD) line (blue) supports the current trend as it trades slightly below the signal line (orange). The lines are nearly touching, which in perspective means that the price is preparing for a potential rebound. The histogram also shows the red bars extending slightly on the downside.</span></p>
<p><span style="font-weight: 400;">The Average Directional Index (ADX) is at 45, showing a very strong trend, showing that it is the best time to buy as a bullish reversal is likely.</span></p>
<h2 id="span-style-font-weight-400-jupiter-price-prediction-span"><span style="font-weight: 400;">Jupiter Price Prediction</span></h2>
<p><span style="font-weight: 400;">The Jupiter price is currently on a downtrend but with signs of a breakout on the upper boundary of the channel. Bulls might find solid support around the $0.4903 level, serving as a cushion against downward pressure and potentially propelling prices upward to test the $0.54 mark.</span></p>
<p><span style="font-weight: 400;">However, if the bears continue exerting pressure, the price may retrace further to the crucial support zone at $0.45.</span></p>
<p><span style="font-weight: 400;">As the JUP bulls search for an entry, the eTukTuk presale has crossed $867,000, closing in on its $1 million target as investors eye a potential 10X return.</span></p>
<h2 id="span-style-font-weight-400-etuktuk-presale-has-crossed-867-000-best-eco-friendly-altcoin-to-buy-now-span"><span style="font-weight: 400;">eTukTuk Presale Has Crossed $867,000 – Best Eco-Friendly Altcoin To Buy Now</span></h2>
<p><a href="https://insidebitcoins.com/visit/etuktuk" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">eTukTuk (TUK)</span></a> <span style="font-weight: 400;">eTukTuk is an innovative, AI-powered transport solution set to transform transportation, starting with developing nations and expanding globally. By using blockchain technology, the project is creating the future of charging infrastructure.&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Happy New Year from eTukTuk! 🎉</p>
 <p>As we usher in 2024, let's ride into a year of green journeys, sustainable choices, and impactful collaborations.</p>
 <p>Together, let's drive change and make it a year of sustainable mobility! 🚗💚<a href="https://twitter.com/hashtag/NewYear2024?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#NewYear2024</a> <a href="https://t.co/IfP0xdGi05" rel="noopener noreferrer nofollow">pic.twitter.com/IfP0xdGi05</a></p>
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1741849026826543425?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 1, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">eTukTuk operates on the Binance Smart Chain, utilizing a decentralized sharing economy model to enhance scalability, security, and efficiency.</span></p>
<p><span style="font-weight: 400;">Moreover, eTukTuk offers a cleaner, healthier alternative to traditional internal combustion engine (ICE) Tuk Tuks, positioning itself as a leader in the eco-friendly electric vehicle charging station infrastructure (EVSE) sector.</span></p>
<h2 id="span-style-font-weight-400-buy-and-stake-tuk-get-rewarded-span"><span style="font-weight: 400;">Buy and Stake $TUK, Get Rewarded</span></h2>
<p><span style="font-weight: 400;">You can </span><span style="font-weight: 400;">buy and stake your $TUK tokens</span><span style="font-weight: 400;">, which can earn you an impressive annual percentage yield (APY) of 252%. The more you stake, the higher your rewards.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Introducing Buy and Stake mechanism, get <a href="https://twitter.com/search?q=%24TUK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$TUK</a> tokens and instantly stake them, initiating a dynamic APY.</p>
 <p>Early stakers enjoy higher returns as APY adjusts with participation, encouraging early adoption and a fair, enticing incentive structure for all. 💫 <a href="https://t.co/pMrXEZzB3f" rel="noopener noreferrer nofollow">pic.twitter.com/pMrXEZzB3f</a></p>
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1711761128576159791?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 10, 2023</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">The team is also launching a play-to-earn (P2E) game, </span><i><span style="font-weight: 400;">Crazy Taxi, </span></i><span style="font-weight: 400;">where you will be able to earn $TUK by ferrying passengers to different locations in the busy streets of Sri Lanka.</span></p>
<p><span style="font-weight: 400;">Jacob Bury, a popular YouTube crypto analyst, believes eTukTuk has the potential to 10X on launch.</span></p>
<p><iframe title="New 10X Potential Green AI Crypto?! - eTukTuk Transport Crypto" width="640" height="360" src="https://www.youtube.com/embed/mZAqetFzMh4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">The eTukTuk presale has less </span><span style="font-weight: 400;">than 13 days remaining before prices go up, so act soon if you are interested to buy TUK tokens at the lowest possible price of&nbsp; $0.0265 per token.</span></p>
<p><span style="font-weight: 400;">You can buy $TUK tokens today by visiting </span><a href="https://insidebitcoins.com/visit/etuktuk" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">the official eTukTuk website</span></a><span style="font-weight: 400;">. Swap BNB or USDT for $TUK tokens or buy directly using your bank card.</span></p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
<ul>
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/what-crypto-presale-quick-guide-getting-ground-floor-new-calsona-mwpve" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">🚀🤑 What is a Crypto Presale? A Quick Guide to Getting in on the Ground Floor of New Cryptocurrencies!</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/crypto-presales-worth-pros-cons-you-need-know-calsona-5aeye" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">🚀💰 Are Crypto Presales Worth It? The Pros and Cons You Need to Know! 💸🤔</span></a></li>
 <li aria-level="1"><a href="https://insidebitcoins.com/buy-cryptocurrency/most-trending-cryptocurrency/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">10+ Most Trending Cryptocurrency Projects to Buy In 2024</span></a></li>
</ul>
<div class="inContentProviderSingle inContentColor--insidebitcoins fc-row">
 <div class="inContentProviderSingle--wrapper">
  <div class="container">
   <div class="row mb-lg-3">
    <div class="col-12 col-md-8">
     <p class="inContentProviderSingle--title">New Crypto Mining Platform - Bitcoin Minetrix</p>
    </div>
    <div class="col-12 col-md-4">
     <div class="inContentProviderSingle--rating">
      <div class="rating--holder">
       <p class="rating--text">Rating</p>
       <div class="rating--star-container">
        <div class="rating--star" style="width: 100%;"></div>
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="row">
    <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"><img decoding="async" class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
    <div class="col-12 col-md-8">
     <ul class="inContentProviderSingle--list">
      <li>Audited By Coinsult</li>
      <li>Decentralized, Secure Cloud Mining</li>
      <li>Earn Free Bitcoin Daily</li>
      <li>Native Token On Presale Now - BTCMTX</li>
      <li>Staking Rewards - Over 50% APY</li>
     </ul>
    </div> 
    <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"><img decoding="async" class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
   </div>
   <div class="row">
    <div class="col-12 text-center">
     <div class="inContentProviderSingle--button"><a href="https://insidebitcoins.com/visit/bitcoinminetrix" title="Start Trading" rel="noopener noreferrer nofollow">Learn More</a>
     </div>
     <div class="inContentProviderSingle--disclaimerText">
     </div>
    </div>
   </div>
  </div>
 </div>
</div>

Jupiter Price Prediction: Solana Token JUP Plunges 8% As Traders Turn To This New Green Crypto For 10X Potential

Table of Contents

Inside Bitcoins

Other articles published on Feb 9, 2024

Bitcoin Price Prediction as Bitcoin ETFs Record Third Largest Daily Inflows – $100,000 BTC Possible?

Bitcoin: Navigating the Current Accumulation Phase

Investors set eyes on Injective, SUI, and Borroe Finance

3 Promising Three Memecoins Under $1 to Buy Next Week

Binance Coin (BNB) price prediction amid regulatory handles and emergence of Pullix Exchange

EigenLayer’s Total Value Locked Surges Rapidly

Join our free newsletter for daily crypto updates!