𝐖𝐢𝐥𝐥 𝐭𝐡𝐢𝐬 𝐛𝐞 𝐭𝐡𝐞 𝐁𝐢𝐠𝐠𝐞𝐬𝐭 𝐀𝐢𝐫𝐝𝐫𝐨𝐩 𝐄𝐯𝐞𝐫? 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐍𝐞𝐰𝐬 𝐟𝐫𝐨𝐦 𝐉𝐮𝐩𝐢𝐭𝐞𝐫!
Jupiter, the decentralized trading aggregator, is set to airdrop its JUP token in late January, as revealed by its pseudonymous founder on Tuesday. This Solana-based protocol has been buzzing with activity since early December, driven by meme coins, the Jito airdrop, and SOL's surging price, creating a vibrant atmosphere in Solana's decentralized finance (DeFi) space. The upcoming airdrop is poised to test the endurance of the altcoin craze.
In a recent post on X, Jupiter's founder, Meow, emphasized that the protocol prioritizes functionality over hype or achieving a perfect price discovery. The airdrop, slated as a "high-stress event," aims to experiment with a significant token distribution while ensuring inclusivity – "ensuring no cats left behind."
A whopping 1 million Solana wallets are eligible for a portion of this unusually substantial airdrop, constituting 40% of JUP's total supply. This generous distribution underscores Jupiter's popularity among traders. The protocol operates by routing token buy and sell orders through various on-chain trading venues, optimizing for the best price.
Get ready for the Jupiter airdrop – it's not just an event; it's an experiment in building a thriving and inclusive crypto community.
