I bought the spot of $JUP and then opened a 10u contract. Just to clarify, I don't play contracts; I just felt like making a trade for fun.
Contracts themselves are inherently speculative and have a gambling nature, so I don't advocate playing contracts.
By the way, I posted the JUP order in the chat group on the 15th, but now the group is gone 🤔🤔
JUP now has a market cap of 1.3 billion, which might be a bit high; I also think it's a bit high. Last time's proposal vote did not destroy nearly 100 million JUP but distributed it into ASR rewards instead.
I received 230 JUP, but these 230 JUP went directly into staking, so I can only withdraw them after 30 days. Currently, the income from staking JUP is more than earning from buying coins. I feel that at least this year there won't be significant selling pressure from large unlocks, and there won't be concentrated dumping. Feel free to buy; there are still people buying at a low price.
