Token

Jupiter

Step Finance

<p>The Jupiter price crashed 63% in the last 24 hours to trade for $0.5899 as of 3:30 a.m. EST time.</p>
<p>It comes after days of headlines around the <a href="https://insidebitcoins.com/news/solana-price-prediction-sol-on-a-roll-amid-record-new-sign-ups-and-airdrop-frenzy-around-new-meme-coin-wen-as-experts-say-this-latest-presale-might-100x" target="_blank" rel="noopener noreferrer nofollow">Solana theme</a> and the Wen (WEN) airdrop. The Jupiter airdrop strategy was part of a bigger plan to influence the Jupiter decentralized exchange’s (<a href="https://insidebitcoins.com/buy-cryptocurrency/best-decentralized-exchanges" target="_blank" rel="noopener noreferrer nofollow">DEX</a>) performance and its native crypto, JUP, according to media reports.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🚨 BREAKING: <a href="https://twitter.com/search?q=%24WEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WEN</a> (<a href="https://twitter.com/wenwencoin?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@wenwencoin</a>) set to launch on Jupiter Exchange's LFG launchpad tomorrow, their Tokenomics are now live.</p>
 <p>Airdrop: 70%<br>Liquidity Pool: 20%<br>Treasury: 10% <a href="https://t.co/Y6wdiLf89d" rel="noopener noreferrer nofollow">pic.twitter.com/Y6wdiLf89d</a></p>
 <p>— SolanaFloor | Powered by Step Finance (@SolanaFloor) <a href="https://twitter.com/SolanaFloor/status/1750547185140412917?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 25, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Days later, JUP secured a listing on Bitfinex, marking the fourth centralized exchange to list the altcoin, including <a href="https://insidebitcoins.com/visit/bybit" rel="noopener noreferrer nofollow">Bybit</a>, XT.com and Bilaxy. The token started trading on Bitfinex on January 31. The list of exchanges has since grown, with <a href="https://insidebitcoins.com/binance-review-2" target="_blank" rel="noopener noreferrer nofollow">Binance</a>, Gate.io, Kucoin, <a href="https://insidebitcoins.com/visit/okx" target="_blank" rel="noopener noreferrer nofollow">OKX</a>, and HTX Global also listing Jupiter DEX’s JUP token.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🚨UPDATE: List of Major exchanges that has announced the listing of <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> so far</p>
 <p>1. <a href="https://twitter.com/binance?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@binance</a> <br>2. <a href="https://twitter.com/Bybit_Official?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Bybit_Official</a> <br>3. <a href="https://twitter.com/okx?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@okx</a> <br>4. <a href="https://twitter.com/gate_io?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@gate_io</a> <br>5. <a href="https://twitter.com/kucoincom?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@kucoincom</a> <br>6. <a href="https://twitter.com/bitfinex?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@bitfinex</a> <br>7. <a href="https://twitter.com/HTX_Global?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@HTX_Global</a> <br>8. <a href="https://twitter.com/bitgetglobal?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@bitgetglobal</a> <a href="https://t.co/kMginpDO92" rel="noopener noreferrer nofollow">pic.twitter.com/kMginpDO92</a></p>
 <p>— SolanaFloor | Powered by Step Finance (@SolanaFloor) <a href="https://twitter.com/SolanaFloor/status/1752619698368442717?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 31, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The Jupiter price rallied ahead of the listing but has dwindled post-event, which is typical of the buy the rumor sell the news situation. This is a trading strategy where a trader buys an asset based on speculation about an upcoming news announcement. In this case, listing on Bitfinex and other exchanges. Thereafter, the trader sells the asset after the news is made public.</p>
<p>The adage provides proactive traders an opportunity to buy the asset before everyone wants to buy it. This means they are able to turn a profit by selling it when the demand and the price of the asset increases.</p>
<h2 id="jupiter-price-outlook-as-the-buy-the-rumor-sell-the-news-situation-plays-out">Jupiter Price Outlook As The Buy The Rumor Sell The News Situation Plays Out</h2>
<p>The Jupiter price is consolidating within a descending parallel channel as traders cash in on the gains made ahead of the listing. The position of the Relative Strength Index (RSI) below 50 points to a weak price strength and tilts the odds in favor of the bears. The Moving Average Convergence Divergence (MACD) is also below the zero line in negative territory, reinforcing the bearish outlook.</p>
<p>With this, the Jupiter price could likely extend the fall, potentially losing the $0.5761 support floor. In the dire case, the JUP token could extend the fall to tests the range low at $0.5636.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/02/JUPUSDT_2024-02-01_11-20-10.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-477177 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/JUPUSDT_2024-02-01_11-20-10.png" alt="Jupiter price" width="1264" height="539" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/JUPUSDT_2024-02-01_11-20-10.png 1264w, https://insidebitcoins.com/wp-content/uploads/2024/02/JUPUSDT_2024-02-01_11-20-10-300x128.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/JUPUSDT_2024-02-01_11-20-10-1024x437.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/JUPUSDT_2024-02-01_11-20-10-768x327.png 768w" sizes="(max-width: 1264px) 100vw, 1264px"></a></p>
<p><a href="https://www.tradingview.com/x/H3uDJsbR/" target="_blank" rel="noopener noreferrer nofollow">TradingView: JUP/USDT 30-min chart</a></p>
<p>Conversely, a reentry by the bulls could send the Jupiter price north, overcoming the resistance due to the upper boundary of the descending parallel. An extended climb could send the altcoin to $0.6500, or in a highly bullish case, extend the climb to the range high of $0.7025. Such a move would constitute a 25% climb above current levels.</p>
<p>Meanwhile, attention has turned to <a href="https://insidebitcoins.com/visit/etuktuk" target="_blank" rel="noopener noreferrer nofollow">eTukTuk</a>, a new ICO whose hallmark is a green crypto focusing on electric vehicles. According to analysts, the token could 10X on launch.</p>
<p><iframe title="eTukTuk Powering the Future of Electric Vehicles - New 10x Potential Cryptocurrency?" width="640" height="360" src="https://www.youtube.com/embed/W8gjq8Vum9I?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<h2 id="promising-alternative-to-jupiter">Promising Alternative To Jupiter</h2>
<p>Standing among analysts’ top choices for the&nbsp;<a href="https://www.linkedin.com/pulse/best-crypto-icos-2024-top-picks-big-returns-juliana-clarisse-calsona-zcxqe" target="_blank" rel="noopener noreferrer nofollow">best ICOs to buy in 2024</a>, eTukTuk is a revolutionary cryptocurrency project coming onto the scene to help Tuk Tuk drivers adopt a more energy-efficient mode of transportation.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">1/ eTukTuk Times is back! 📰🌍</p>
 <p>Our weekly round-up of two things we love: <a href="https://twitter.com/hashtag/EVs?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#EVs</a> and a <a href="https://twitter.com/hashtag/sustainable?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#sustainable</a> future 🚀</p>
 <p>Explore breakthrough technologies, global initiatives, and the latest developments shaping the future of sustainable transportation and combating climate change.</p>
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1747688195381485815?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 17, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The project’s hallmark is centered on developing economies. The $TUK token powers its commitment to bringing electric Tuk Tuks and a network of&nbsp; Electric Vehicle Charging Stations (EVSEs) to developing economies in South Asia and Africa, starting with Sri Lanka.</p>
<p>eTukTuk distinguishes itself by presenting a robust use case. Specifically, it has a well-defined concept, meeting users where blockchain tech and sustainability intersect.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Ready to drive change? 🌍</p>
 <p>Accelerate towards a sustainable future with eTukTuk! 🚗💨</p>
 <p>Participate in the <a href="https://twitter.com/search?q=%24TUK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$TUK</a> token sale now and become a part of the green mobility revolution.<a href="https://t.co/XIXcperneW" rel="noopener noreferrer nofollow">https://t.co/XIXcperneW</a></p>
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1740014417763528767?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 27, 2023</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The team is committed to establishing an ecosystem dedicated to combating carbon emissions. This is through the integration of blockchain technology and AI advancements, and the promotion of environmentally friendly transportation options. Ultimately, this is expected to propel the global transition to electric vehicles.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Clean energy solutions are the way to go, now that we've seen constantly worsening AQI (Air Quality Index) all over the world. <a href="https://t.co/DdFxPTeNoi" rel="noopener noreferrer nofollow">https://t.co/DdFxPTeNoi</a></p>
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1738593387031494762?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 23, 2023</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>eTukTuk also has a staking function, with investors getting rewards while drivers enjoy reduced costs. More interestingly, the project has a staking function, with stakers enjoying annual percentage yields (APY) as high as 303%.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/02/TYK.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-477183 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/TYK.png" alt="Tuk stake" width="1317" height="238" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/TYK.png 1317w, https://insidebitcoins.com/wp-content/uploads/2024/02/TYK-300x54.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/TYK-1024x185.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/TYK-768x139.png 768w" sizes="(max-width: 1317px) 100vw, 1317px"></a></p>
<p>The $TUK Token rewards will be distributed to users at a rate of 4.75 $TUK per BSC block. Rewards will be payable over 3 years and are determined by your share of the staking pool and annual returns percentage. Notably, the APY continues to decrease over time meaning that early stakers have an advantage over late bloomers.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Introducing Buy and Stake mechanism, get <a href="https://twitter.com/search?q=%24TUK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$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>Investors looking to buy TUK can do so on the website, with each token selling for $0.02625, a price tag that will only stand for the next twelve days. Join the eTukTuk sustainable transportation revolution with the green $TUK token presale <a href="https://insidebitcoins.com/visit/etuktuk" target="_blank" rel="noopener noreferrer nofollow">here</a>.</p>
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/news/green-ai-revolution-in-web3-heres-how-you-can-seize-the-100x-opportunity-with-etuktuk" rel="noopener noreferrer nofollow">Green AI Revolution in Web3 – Here’s How You Can Seize the 100X Opportunity With eTukTuk</a></li>
 <li><a href="https://insidebitcoins.com/news/etuktuk-tuk-storming-into-2024-with-massive-funding-learn-why-here" rel="noopener noreferrer nofollow">eTukTuk (TUK) Storming Into 2024 With Massive Funding, Learn Why Here</a></li>
 <li><a href="https://insidebitcoins.com/news/etuktuk-strives-to-bring-sustainable-transport-to-developing-nations-with-its-innovative-three-wheeler-ev-and-charging-infrastructure" rel="noopener noreferrer nofollow">eTukTuk Strives to Bring Sustainable Transport to Developing Nations With Its Innovative Three-Wheeler EV and Charging Infrastructure</a></li>
 <li><a href="https://insidebitcoins.com/news/etuktuk-continues-to-impress-as-traders-rush-to-new-electric-vehicle-revolution-in-developing-nations-with-over-310k-raised-already" rel="noopener noreferrer nofollow">eTukTuk Continues to Impress As Traders Rush to New Electric Vehicle Revolution in Developing Nations With Over $310k Raised Already</a></li>
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Jupiter Price Prediction: Solana Token JUP Plummets 63% After Launch, But This Unusual Green Presale Has Rocketed Past $720K

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