Jupiter’s 700mn Massive Token Airdrop Aims At Price Rally
By Vishakha Thakur
Jupiter Exchange, one of Solana’s largest decentralized exchanges, has announced a massive 700 mn JUP token airdrop. Lochie Jarvis, the founder of Jupiter, revealed in a recent tweet that the airdrop will run from January 18 to 24 with an aim to reward active community members, increase user engagement and support token value.
So, let’s get the details of this important airdrop and its eligibility criteria.
Well, all the participants can earn JUP tokens by trading on the platform to generate swap volumes, contributing knowledge about Jupiter Exchange and participating in discussions on platforms like Discord, Reddit, and X.
To be eligible for the airdrop, you need to have a minimum of $800 in swap volume. But here’s the catch! All the transactions under $5 won’t count, and any suspicious activity, like bot usage, will lead to exclusion.
On the distribution side, 500 mn JUP tokens will be given to users based on their swap volume and trading expertise. In case you are an active community member, you will be rewarded with 200 mn JUP tokens as an incentive.
Interestingly, the JUP token is currently priced at $0.95, reflecting a rise of over 15% in the past seven days, with a market cap of $1.29 bn. As per a report by DefiLlama, the
Solana-based project has recorded a trading volume of $3.15 bn in the last 24 hours.
Furthermore, the exchange plans to burn 30% of its tokens starting January 25 and this move will boost the price of JUP.
So, mark your calendar for January 18–24 and get ready to claim your share of the JUP tokens in Jupiter’s massive airdrop that is expected to be 2025’s most notable crypto airdrop.
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