700M JUP AIRDROP: PRICE PUMP OR DUMP?
Jupiter Exchange’s 700M JUP airdrop hits wallets before Catstanbul: 50% for holders, 50% locked until 2027.
$3.15B in daily trading volume and a $1.29B market cap keep Solana bulls engaged.
JUP rallied 20% to $0.95 this week, but post-airdrop selling might test resilience.
Snapshot locks $800+ swap wallets in; stables and bots are out.
Burn event post-airdrop could cap supply if holders stay diamond-handed.
Source: CoinGape$JUP