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Jupiter Exchange to Hold Cryptocurrency Airdrop in January 2025

Jupiter Exchange to Hold Cryptocurrency Airdrop in January 2025

HappyCoinNewsHappyCoinNews2024/12/30 01:44
By:HappyCoinNews

cryptocurrency exchange Jupiter will hold airdrop digital assets in January 2025 to reward loyal customers.

Jupiter will highlight to conduct a promotion of 700 million native Jupiter tokens (JUP) worth $581 million at the current rate. The coins will be distributed as follows:

  • 425 million JUP will be transferred to users of the virtual currency exchange service.
  • 75 million JUP will be received by stakers.
  • 200 million JUP will be sent to people who will keep the donated coins (“carrots”) and benefit the crypto community (“good cats”).
Jupiter Exchange to Hold Cryptocurrency Airdrop in January 2025 image 0

Jupiter Cryptocurrency Distribution Scheme

В airdrop Owners of 2,32 million crypto wallets will be able to take part. The total number of exchange clients is estimated at 10,65 million, so 22% of users will be awarded cryptocurrency. Traders with a trading volume of over $800 are eligible for the minimum bonus, while the maximum prize will go to fat cats who have made transactions worth at least $14 million.

The Jupiter cryptocurrency market has seen a massive bull run this year, with the coin has risen in price more than 27 times since the release on January 31. However, a bearish trend emerged on December 6, and the digital asset fell by more than 40%. If the downward trend continues, airdrop participants will likely sell JUP, despite the additional reward awaiting hodlers.

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