Jupiter Exchange, one of the largest decentralized exchanges on Solana, is launching a massive airdrop of 700 million JUP tokens this January. This airdrop is not only a chance to earn tokens but also an opportunity to get involved in the growing Jupiverse ecosystem. Here are the key details about the JUP airdrop.

Jupiter to Airdrop 700 Million JUP Tokens

In a recent tweet, Jupiter Exchange founder Lochie Jarvis announced the 700 million JUP airdrop, which is set to launch in January. This initiative is all about rewarding active community members and incentivizing people to trade, engage, and contribute to the platform.

JUPUARY Airdrop is COMING! EVERYTHING you need to know! Here's the THREAD breakdown pic.twitter.com/D6xJU58sca

— Lochie (@lochiejarvis201) ​​January 4, 2025

Participants will be able to earn tokens for various actions, including trading volumes, sharing knowledge, and engaging with the community on platforms like Discord, Reddit, and X.

How Will Tokens Be Distributed?

Here is the breakdown of the airdrop distribution:

500 million JUP tokens will be given to users based on their exchange volume and trading experience.

200 million JUP tokens will be awarded as incentives (“carrots”) to active community members, content creators, and people who refer top traders.

This is a big plan to expand the community and make the Jupiverse ecosystem even bigger and more engaging!

Airdrop Eligibility Criteria

To be eligible for the airdrop, users need to have a minimum of $800 in trading volume. In return, they will receive 50 JUP tokens. If you have been active and trading a lot, you are in luck!

But remember, transactions below $5 will not count, and any suspicious activity such as the use of bots will result in exclusion.

However, the airdrop will take place from January 18 to 24, well before the highly anticipated Catstanbul event on January 25. An airdrop verification tool will be available to ensure fairness, so you can easily check your eligibility.

JUP Price Analysis

As of now, the JUP token is priced at $0.95, reflecting a slight increase, with a market cap of $1.29 billion, showing growing confidence in the project.

However, the airdrop is likely to bring even more excitement to the market and could potentially push the price of JUP higher.