$JUP Airdrop Coming Token Core Indicators and Expected Price Analysis

Author: Delphi Digital Source: X, @Delphi_Digital Translation: Shan Ouba, Golden Finance

Jupiter Exchange (@JupiterExchange), a well-known Solana decentralized exchange aggregator, launched in January 2024, Beijing time The first airdrop will be held at 10 am on the 31st!

Cryptocurrency analyst @mrink0 has released a comprehensive report on the JUP token to help you quickly understand key information:

Jupiter is the premier DEX aggregator in the Solana ecosystem, equivalent to Solana The quasi-front-end of DeFi, the transaction volume accounts for more than 75% of the total volume of Solana DeFi.

Currently, Jupiter has grown into a giant offering five products (swap, perps, DCA, bridging and limit orders), with its weekly swap volume averaging over 3.5 billion US dollars, starting to surpass Uniswap.

Jupiter has grown into one of the most popular protocols in the entire cryptocurrency space and is about to launch its native token amid strong product market fit and a potential bull run $JUP.

Core Indicators

Speculations about the airdrop allocation value and $JUP price are rampant, let’s Let’s take a look at the key numbers:

• Total supply: 10 billion

• 50% allocated to the team, 50% allocated to the community

• It is planned to conduct 4 rounds of airdrops in January every year

• The team will allocate 20%, with a cliff period of 1 year and a linear release in 2 years

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• 20% strategic reserve

• Initial circulating supply: 1.35 billion units:

• 1 billion allocated for the first airdrop

• 250 million allocated for the startup pool

• CEX market maker loan 50 million

• Any real-time LP demand is 50 million

@mrink0 used to work in a centralized exchange and always Run the worst-case selling pressure model before the currency is listed to ensure sufficient liquidity. Any liquid token trading on a positive cost basis could constitute potential selling pressure.

JUP opening price

JUP is currently traded in several pre-markets such as Aevo. The current price on Aevo is $0.67, with a range of around $0.40-$0.70, with the all-time high of $0.85.

With pre-market trading as a reference, this is the basic information table of JUP:

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Therefore, The market cap and FDV of $JUP will be as follows:

Assuming $JUP trades at as high as $1, its market cap would be $1.35 billion, which would make it a CMC The top 60 tokens on the list. It hints at a full expansion value of $10 billion. By this metric, it would become the 18th most valuable asset among cryptocurrencies.