Meow

Jupiter

Percent

Solana-based decentralized exchange (DEX) aggregator Jupiter (JUP) is up 40% following a major announcement from pseudonymous founder Meow at the platform’s launch event “Catstanbul 2025.”
<h2 id="jupiter-jup-soars-40-after-founder-announces-50-fee-rollback">Jupiter (JUP) Soars 40% After Founder Announces 50% Fee Rollback</h2>
In his keynote, Meow declared his ambition to make JUP the “most GOATed” token and reaffirmed a previously announced plan to burn 3 billion JUP tokens, currently worth $3.6 billion.
The symbolic token burn was initiated by burning a large metal cat statue, reinforcing the platform’s goal of reducing emissions, increasing certainty, and lowering fully diluted valuation (FDV).
Alongside the burn, Meow announced that 50% of all protocol fee revenues will now be used to buy back JUP tokens, which will be held in a “long-term bin” reserve. The remaining 50% of fees will be allocated for “growth, future strategy, and operational stability.”
“I firmly believe that the value of a token is not dependent on buybacks,” Meow said, contradicting the common narrative in crypto investing. “The value of a token is dependent on the community… every coin is a memecoin.”
This announcement triggered an immediate market reaction, sending the price of JUP from $0.90 to $1.27 before pulling back slightly.
<h2 id="jupiter-expands-ai-and-memecoin-investments">Jupiter Expands AI and Memecoin Investments</h2>
Beyond the buyback plan, Jupiter announced a number of significant ecosystem developments, including:
<ul>
 <li>Acquiring a majority stake in Moonshot, a memecoin launchpad that rivals Pump.fun.</li>
 <li>Introducing Jupnet, an omnichain network currently in beta testing.</li>
 <li>The release of Jupiter V2, an upgrade to the platform's DEX aggregation services.</li>
 <li>Launching a $10 million AI fund in collaboration with Eliza Labs.</li>
</ul>
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/solana-based-project-shows-40-percent-increase-positively-differentiating-from-the-market-heres-why/" rel="noopener noreferrer nofollow">Solana-Based Project Shows 40 Percent Increase, Positively Differentiating from the Market! Here's Why!</a>

Solana-Based Project Shows 40 Percent Increase, Positively Differentiating from the Market! Here's Why!

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