JUPITER BURNS 🔥 30% TOKEN SUPPLY, THE ENTIRE SOLANA ECOSYSTEM REVIVES 🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯
JupiterDAO has successfully passed a proposal to reduce the supply of JUP tokens by 30%. This decision will see the total supply of JUP tokens decrease from 10 billion to 7 billion.
The proposal was put to a vote on the governance page and received the necessary support to be implemented. This news has definitely boosted the investor's confidence amidst the bloodbath that has been going on for the entire week.
At the time of writing the most popular tokens on the Solana Ecosystem have reversed well enough from the day's bottom.
This huge chunk of token burn will definitely boost the prices in the near future, as the market will start reversing Jupiter may go on a monstrous run and the entire Sol ecosystem will explode. 💥
This Bull run 🐂 will belong to the Solana Ecosystem and I won't be surprised if Solana surpasses ETH to become the second largest coin in terms of market cap.
*This is not investment advice. Please do your own research before investing.
