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šŸ””JUP UPDATE šŸ”” Why is this happening? Why JUP dropped?šŸ“‰šŸ”„ The main reason is that collectors who won free JUP from airdrops were selling after launch all they have at any price. Then investors with no experience who bought JUP high after launch started selling when they felt like its going all way down and no FAST Profit, plus they saw fake news. They suffered from manipulation phase... Very soon in some days, you will see how bullish market will get back I predict #Write2Earn #TrendingTopic #Jupiter(JUP) #JUPUSDT $JUP

šŸ””JUP UPDATE šŸ””

Why is this happening? Why JUP dropped?šŸ“‰šŸ”„

The main reason is that collectors who won free JUP from airdrops were selling after launch all they have at any price.

Then investors with no experience who bought JUP high after launch started selling when they felt like its going all way down and no FAST Profit, plus they saw fake news.

They suffered from manipulation phase...

Very soon in some days, you will see how bullish market will get back I predict

#Write2Earn #TrendingTopic #Jupiter(JUP) #JUPUSDT

$JUP

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Trader turns 1 ETH to $59k in hours with new ERC-404 token An unknown trader turned 1 Ethereum (ETH) into almost $60,000 in hours. According to Lookonchain analysts, an unknown trader earned $59,000 from 1 ETH in 11 hours thanks to the ERC-404 MINER token. ā€œHis secret to making money is buying and selling the ERC-404 token MINER using high gas!ā€ The trader first withdrew 1 ETH from the Binance cryptocurrency exchange and spent 0.065 ETH ($163) to buy MINER at a meager price using 0.802 ETH ($2010) of gas, later selling 722 MINER for 19.11 ETH using 0.5 ETH ($1244) of gas. As a result, in 11 hours, the trader ended up with 350 MINER tokens worth about $15,000 at the time of the transaction. In total, the trader earned $59,000. The rapid growth of ERC-404 standard tokens is not the first to enrich traders. Last week, an unknown trader earned over $166,000 in two days by spending 0.258 ETH ($613) to buy the DeFrogs token. For 100 DEFROGS, the trader paid 0.08 ETH ($190). The transaction fee was 0.178 ETH ($423). After a couple of days, during which the tokenā€™s price grew rapidly, the trader sold 60 DEFROGS for 27.8 ETH ($67,000). However, the ERC-404 token market itself is recording a significant decline. The sectorā€™s market capitalization has fallen 30% in the past 24 hours, following a meteoric rise last week. The ERC404 standard combines the ERC-20 and ERC-721 standards, creating tokens that can be fungible and unique. For example, when purchasing a token of this new standard (PANDORA), the user receives a token and a unique non-fungible token (NFT). This adds additional value to the token since the NFT may be rare or of exceptional value. #Ethereum... #BullishMarket #Write2Earn $ETH
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