🚨🚨 New Listing JUP price prediction! 🔥🔥 We are writing the price expectation for $JUP, the token of the Jupiter Exchange ecosystem, which is expected to be listed on Binance and some exchanges;
▪️ Ticker -> $JUP
▪️ Total Supply -> 10B $JUP
▪️ Initial Supply -> 1.35B $JUP
▪️ Claim-Listing Date -> 31.01.2024 (Today)
Tokenomics and its distributions are as shown in the image. Based on this, the main focus may seem like 50% Team and 50% Community, but there are also its own breakdowns within the Team section.
▪️Only 20% of the 50% allocated for the team will be used for the team and will not be distributed before 24 months.
▪️ 20% of JUP tokens will be collected in a strategic reserve. This reserve will be used for future team members, future strategic investors, and past Mercurial stakeholders, the team leader wrote.
▪️ These tokens, corresponding to a total of 4 billion, will be kept in the 4/7 Team Cold Multisig wallet and these tokens will remain locked for at least one year. He states in his article that the community must be notified at least six months in advance before any liquidity event occurs.
▪️ On the community side, 4 billion $JUP tokens will be distributed through four separate airdrops that will take place on January 31 every year.
▪️ 1 billion tokens will be distributed in the first airdrop, and the remaining 3 billion tokens will be held in a community cold wallet managed by 4/7 multisig.
▪️ With this data, the total amount of $JUP at the time of TGE will be 1.35B units. (Previously it was 1.7B, it has been reduced)
▪️ Airdrop: 1B $JUP
▪️ Launchpool: 250M $JUP
▪️ CEX-MM Loans: 50M $JUP
▪️ LP: 50M $JUP
If we need to make an average price estimate based on this information, it could be as follows;
🔴Bad Case -> $0.52 - $0.66 M.Cap 700-900M
⚪️Average Scenario -> 0.67 - 0.89$ M.Cap 901-1.2B
🟢Optimistic Scenario -> 0.90 - 1.04$ M.Cap 1.2B-1.4B
