A company that is changing the way the world mines bitcoin

BitcoinSistemi 2025-01-27 07:52:09

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

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.” Jupiter (JUP) Soars 40% After Founder Announces 50% Fee Rollback 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. Jupiter Expands AI and Memecoin Investments Beyond the buyback plan, Jupiter announced a number of significant ecosystem developments, including: Acquiring a majority stake in Moonshot, a memecoin launchpad that rivals Pump.fun. Introducing Jupnet, an omnichain network currently in beta testing. The release of Jupiter V2, an upgrade to the platform's DEX aggregation services. Launching a $10 million AI fund in collaboration with Eliza Labs. *This is not investment advice. Continue Reading: Solana-Based Project Shows 40 Percent Increase, Positively Differentiating from the Market! Here's Why!

Meist gelesene Nachrichten

Arizona Advances Bill Allowing State To Inves...
2025-01-29
Bitcoin Dominance Reaches All-Time High at 59...
2025-01-29
Fed Decision Keeps Rates Steady: Powell’s Rem...
2025-01-29
DeepSeek AI builds the ideal crypto portfolio...
2025-01-29
Fed Chair Powell’s Inflation Comments Dismiss...
2025-01-29
Coinbase Adds President Trump’s 2024 Campaign...
2025-01-29
Bitcoin Price Surges to $103,997 Amid Powell’...
2025-01-29
CRO, MOVE, HPOS10I, and USUAL are available f...
2025-01-29

Ähnliche Neuigkeiten

Bitcoin Spikes as Fed Skips Rate Cut—No 'Hurry' De...
29 Jan 2025
Solana and XRP rally 60%, but this utility altcoin...
29 Jan 2025
Federal Reserve Chairman Avoids Trump Discussion,...
29 Jan 2025
Crypto PAC-supported candidates win Florida congre...
29 Jan 2025
Immutable’s IMX Eyes 60% Rally with 360% Jump in W...
29 Jan 2025
Fed Chairman Powell Optimistic About Inflation Pro...
29 Jan 2025

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen