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Explore the world of AI on BNB Chain! 👀
Share your favorite AI project on BNB Chain for a chance to win a split of $1,000 in $BNB ! 💸
#bnblauncpool #BNB $BNB
Share your favorite AI project on BNB Chain for a chance to win a split of $1,000 in $BNB ! 💸
#bnblauncpool #BNB $BNB
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Jupiter $590 Million Airdrop: Is $JUP Ready to Return?
The upcoming Jupiter Jupuary event will distribute 700 million JUP tokens, worth over $590 million, to 2.3 million wallets. Of that amount, 425 million JUP will be airdropped directly to users while 75 million JUP will be reserved for stakers.
The airdrop rewards active traders and stakers, offering 0.1 JUP for every token staked. However, the price of JUP has dropped from $1.40 to $0.82, raising concerns about how the release of such a large supply could impact the market. Some believe that the influx of supply could push the price lower, while others see the staking incentives and increased trading volume as potential stabilizers.
As the event approaches, many in the community are weighing the risks and rewards. This airdrop could mark a turning point for Jupiter by increasing engagement and reducing the circulating supply.#Jupuary#JupiterAirdrop $JUP
The upcoming Jupiter Jupuary event will distribute 700 million JUP tokens, worth over $590 million, to 2.3 million wallets. Of that amount, 425 million JUP will be airdropped directly to users while 75 million JUP will be reserved for stakers.
The airdrop rewards active traders and stakers, offering 0.1 JUP for every token staked. However, the price of JUP has dropped from $1.40 to $0.82, raising concerns about how the release of such a large supply could impact the market. Some believe that the influx of supply could push the price lower, while others see the staking incentives and increased trading volume as potential stabilizers.
As the event approaches, many in the community are weighing the risks and rewards. This airdrop could mark a turning point for Jupiter by increasing engagement and reducing the circulating supply.#Jupuary#JupiterAirdrop $JUP
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#MyFirstSquarePost I just joined Binance Square. Love sharing and connecting with everyone here!