JUP, the native token of the Solana-based entirely decentralized replace aggregator Jupiter, has fallen by 3% within the final 24 hours to a easy tag of $0.90 because the platform prepares to beginning its most modern airdrop notify.
The token has dropped 25% from its local excessive tag of $1.20 because the token jumped over the weekend as decentralized replace—or DEX—buying and selling volumes exploded. Solana DEXs greater than tripled their old weekly marks in step with DefiLlama, boosted by the launch of President Donald Trump’s Solana meme coin.
After pronouncing its airdrop eligibility checker final week, Jupiter signaled early Tuesday that it’s going to beginning claims for its most modern airdrop on Wednesday, January 22 at 10:30am ET.
immediate guidelines:
– that it’s likely you will have 3 months to notify. don’t speed. solana would be congested, gasoline will be dear
– ought to you were marked as a sybil or a bot, that you just might allure your option after Jan twenty seventh
– you wish to originate a Jupuary profile to notify
– you wish to notify every wallet individually
— Jupiter 🪐 (@JupiterExchange) January 21, 2025
Approximately 2 million eligible wallets across three separate buckets of users will be ready to notify a a part of 700 million total JUP tokens, price $630 million at easy prices.
However Jupiter is urging users to rob warning, suggesting that “Solana would be congested” and “gasoline will be dear,” and indicating that eligible wallets will have as much as three months to notify their tokens—so there’s no speed.
In direct to manufacture so, users will be required to originate a Jupiter profile which requires employ of an e-mail address. Users with greater than one eligible wallet will be required to notify every individually.
This most modern Jupuary airdrop became as soon as confirmed via a passed DAO proposal, which carried out the give a enhance to of greater than 87% of voters who agreed to have Jupiter protect two separate airdrops of 700 million JUP tokens apiece in 2025 and 2026.
Jupiter held its first airdrop of JUP in January 2024, granting 1 billion tokens to wallets that had interacted with its products. JUP hit an all-time excessive of $2.00 a week after launch, but has since retraced 55% to its easy tag of $0.90.
Edited by Andrew Hayward
