Based on Solana, Jupiter is the most popular DEX aggregator by trading volume.
The cryptocurrency market remains active today, with multiple assets recording high trading volumes.
Jupiter initiates a buyback plan, committing 50% of protocol fees to JUP purchases. Will this fuel a lasting rally?
Altcoins made waves as BTC held steady despite continued outflows from spot ETFs.
Cryptocurrency prices had another boring week, as Bitcoin remained in a consolidation phase, while the fear and greed index moved to the fear zone of 35. Most coins attempted to bounce back after crashing hard last week.
Jupiter Exchange, a leading decentralized trading aggregator on Solana, announced plans to allocate 50% of its protocol fees toward repurchasing and locking JUP tokens for three years, starting Feb. 17.
Jupiter DEX will start buybacks on Monday, February 17. The DEX will use 50% of its fees for the buyback, locking the JUP tokens in a special wallet for three years.
JUP buybacks start Feb 17, cutting supply while boosting demand. With price forming a bullish setup, will it break past $1.27?
Jupiter's buyback policy could enhance token value and investor confidence, aligning with broader crypto trends in supply management strategies. The post Jupiter announces JUP buyback policy starting Monday appeared first on Crypto Briefing.
Bitcoin (BTC) recovered from a low of $94,106 on Wednesday to move to its current level of $96,628. BTC retreated below $95,000 after inflation data showed inflation had risen more than economists had predicted, rattling the crypto and traditional markets.
Crypto prices crashed on Wednesday morning as traders waited for the upcoming US inflation data. Bitcoin crashed below the key support at $95,000, while the market cap of all crypto coins fell to $3.15 trillion. This report provides the forecasts for top cryptocurrencies like BNB, Hedera Hashgraph (HBAR), and Jupiter (JUP).
Jupiter DEX verified the on-chain presence of a new meme token claiming to represent the Central African Republic. The token shows signs of being an elaborate scam, where early snipers managed to extract up to $12M from the meme market.
Bitcoin (BTC) dived back into the red as momentum stalled around the $99,000 price level and fell to a low of $95,891 before recovering and moving to its current level. The flagship cryptocurrency is down almost 1% as it oscillates between $95,000 and $99,000, nearly 11% below its all-time high as it struggles to reclaim $100,000.
The Jupiter team reassured users that treasury holdings remained secure in multisig wallets and that only the X account was compromised.
JUP, the native cryptocurrency of Solana-based decentralized exchange (DEX) Jupiter, came crashing down by 8% today amid the breach of its official X account, which was shilling meme coins. The Jupiter price is down 8% today, currently trading at $0.88, with daily trading volumes crashing by 49%.
On Wednesday, Jupiter, a Solana-based decentralized exchange (DEX) aggregator, reportedly had its social media account hacked, leading to the promotion of fraudulent crypto.
Jupiter, a leading Solana-based DEX aggregator, confirmed that its X account was compromised but has since been restored.
Solana-based dex aggregator Jupiter has recovered its X account after it was hijacked by cryptocurrency scammers who promoted a fraudulent meme coin. According to a Feb. 6 X post, reassured users that no funds were ever at risk.
Hackers compromised Jupiter's exchange main X account. Hackers promoted fake memecoin $MEOW on Jupiter's X account.
Solana-based DEX Jupiter's Twitter/X account may have been hacked, according to a warning issued through JupiterDAO's Twitter/X account. JupiterDAO also asked traders to be careful not to click links or copy-paste any of the released CAs.
In a series of hacks, decentralized exchange aggregator Jupiter and a former Malaysian prime minister had their accounts hijacked to promote sham coins.
Solana DEX aggregator Jupiter fell victim to a security breach on Wednesday, with its official X account being compromised to promote fraudulent meme cryptocurrencies. The post Solana DEX Aggregator Jupiter's X Account Hacked, Promotes Fake Meme Coins appeared first on Cryptonews.
Jupiter Exchange, a leading decentralized trading platform, suffered a security breach on its official X (formerly Twitter) account earlier today.
Jupiter Exchange's X account was hacked earlier today, and the hacker promoted scam tokens in various posts. While these posts have been removed, the account's recovery has not yet been confirmed.
In a series of now-deleted posts, Jupiter's X account promoted what appeared to be a scam memecoin with the ticker $MEOW.
Cardano has been a popular cryptocurrency with over $15.6 billion in staked volume and millions of holders. Yet ADA has been a laggard in the crypto industry, with its price being 76% below its all-time high, and its ecosystem lagging that of other layer-1 blockchains.
The crypto markets are gearing up for a news-packed week, with several key events on the horizon. Forward-looking or enlightened investors can capitalize on the volatility around these events for trading opportunities.
As investors look for the next 100x coin, FXGuys ($FXG) has come up as a much better prospect than major market players like Chainlink (LINK) and Jupiter (JUP)!
This new feature lets users scan, paste, or share a photo or text. Jupiter Mobile will instantly identify the token for you.
Jupiter (JUP) price is down 10% in the last 24 hours, cooling off after a strong rally fueled by major developments. In recent weeks, JUP made headlines with key acquisitions, including Moonshot and SonarWatch, and surpassed Raydium in Total Value Locked (TVL).
Altcoins with strong fundamentals and growing ecosystems could see a rebound in February. Jupiter (JUP) has strengthened its position in the Solana ecosystem with key acquisitions, pushing its TVL past Raydium.
The cryptocurrency market has extended its decline, with the total market capitalization dropping by another 1% today.
Solana's price is struggling to hold above the pivotal support at $230, which has offered a strong base in the recent past. Besides, the need for an SOL ETF is intensifying with Cboe re-filing the ETF on behalf of VanEck.
Jupiter's total value locked (TVL) has now surpassed Raydium's, positioning it as the second-largest protocol on the Solana blockchain. This comes after a series of positive developments within the decentralized exchange (DEX) over the past week.
Story Highlights The Jupiter price today is $1.213. The JUP price could hit a high of $2.15 in 2025. With a potential surge, the Jupiter price may hit $8.55 by 2030. Jupiter project is a decentralized exchange (DEX) aggregator on the Solana blockchain.
Solana-based perpetual exchange network Jupiter saw its native token surge over 25% as traders reacted to several major announcements. When writing, Jupiter (JUP) had hit an intraday high of $1.25 after botting out at $0.9449 earlier in the day.
Jupiter, Solana's leading decentralized exchange (DEX) aggregator, will use 50% of its protocol fee revenue to repurchase $JUP tokens.
The popular Solana-based swap aggregator, Jupiter, has gained immense attention from traders as the price has been inflating for over a couple of days. The daily volume has surged from levels below $500M to above a bullion that substantiates the claim.
Crypto Prices Today, January 28: As the U.S. FOMC approaches, cryptocurrency prices continue to showcase a riveting movement. Bitcoin (BTC) price managed to regain the $102K mark intraday, whereas leading altcoins' price movements recovered after a rollercoaster ride.
Despite Jupiter's recent buy-back mechanism approach, JUP's performance remains weak.
While some view it as a positive move for long-term growth, others worry it could lead to monopolistic behavior and harm innovation in the Solana ecosystem.
This is a segment from the Lightspeed newsletter. To read full editions, subscribe.
JUP token has surged amid a bearish market, driven by Jupiter's ambitious plans for a $3.6 billion token burn and a buyback program.
The cryptocurrency market is experiencing a downtrend today, affecting many altcoins. The global cryptocurrency market cap today is $3.37 trillion, down 6% in the past 24 hours.
This strategic acquisition positions Jupiter to tap into the booming world of meme coins. It allows the company to meet the rising demand for platforms focused on these profitable digital assets.
Jupiter DEX announced a $3 billion token burn, 50% fee allocation for buybacks, and Moonshot acquisition, while completing a 700 million token airdrop and reporting strong revenue growth.
Jupiter's native token JUP has emerged as the market's top gainer, climbing 6% in the past 24 hours, despite a broader market downturn during that period. The surge follows an announcement that the Solana-based decentralized exchange will burn some of its JUP tokens and allocate half of its fees to buy back tokens from the market.