According to Odaily Planet Daily, Jupiter co-founder Meow said that Memecoin is an important exploration for understanding the potential and abuse of user-generated currencies, as is the case with all cryptocurrencies. Jupiter aims to work on two fronts: on the one hand, to encourage and improve the spirit and vitality of the Memecoin economy; on the other hand, to encourage and build the infrastructure needed for the Giant Unified Market (GUM), which is the holy grail of finance and makes cryptocurrencies themselves useful.