Many more running on $JUP network . It's time to rebuild 💪💪💪 Waiting for something cooking 🔥🔥🔥🚀🚀🔥🔥
📢📢🚨Recent Developments🚨
🚨Token Burn and Buyback Initiative🚨 On January 26, 2025, during the 'Catstanbul 2025' event, Jupiter's founder, known as "Meow," announced the planned burning of 3 billion JUP tokens, valued at $3.6 billion. This move aims to reduce token supply and decrease the platform's fully diluted valuation. Additionally, Jupiter will allocate 50% of its protocol fees to buy back JUP tokens for long-term holding, while the remaining 50% will be reinvested into growth and operational stability. Following this announcement, JUP's price surged by 40%, from $0.90 to $1.27, before stabilizing around $1.059. ❤️🔥❤️🔥❤️🔥
🚨Acquisition of Moonshot🚨 In late January 2025, Jupiter acquired a majority stake in Moonshot, a platform focused on meme coin trading. This acquisition is expected to enhance Jupiter's offerings in the meme coin market and expand its user base. 🔥🔥🔥
🚨Launch of 'Jupnet' and AI Fund🚨 At the same 'Catstanbul 2025' event, Jupiter unveiled plans for 'Jupnet,' a new initiative aimed at improving decentralized trading infrastructure. The platform also announced a $10 million fund dedicated to artificial intelligence projects, signaling its commitment to integrating advanced technologies into its ecosystem. ❤️🔥❤️🔥
