{"id":10346,"date":"2024-02-01T16:34:01","date_gmt":"2024-02-01T14:34:01","guid":{"rendered":"https:\/\/forklog.com\/en\/jupiters-trading-volume-surges-to-1-4-billion-following-token-launch\/"},"modified":"2024-02-01T16:34:01","modified_gmt":"2024-02-01T14:34:01","slug":"jupiters-trading-volume-surges-to-1-4-billion-following-token-launch","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/jupiters-trading-volume-surges-to-1-4-billion-following-token-launch\/","title":{"rendered":"Jupiter’s Trading Volume Surges to $1.4 Billion Following Token Launch"},"content":{"rendered":"

The daily trading volume of the DEX aggregator on Solana, Jupiter, soared to a record $1.4 billion following the launch of its native token, JUP.<\/p>\n

\"\u041e\u0431\u044a\u0435\u043c
Jupiter’s trading volume. Data: Jupiter Station<\/a>.\u00a0<\/figcaption><\/figure>\n

The total number of transactions reached 1.57 million, with the number of unique wallets hitting 288,260.\u00a0<\/p>\n

The most popular trading pair was USDC\/JUP, with a trading volume of approximately $218 million.\u00a0<\/p>\n

\"\u041e\u0431\u044a\u0435\u043c
Top 10 trading pairs on Jupiter. Data: Jupiter Station.<\/figcaption><\/figure>\n

On January 31, the project conducted a second round of airdrops for community participants. According to Dune<\/a>, at the time of writing, only 45% or 430,555 eligible wallets claimed 634 million JUP.<\/p>\n

\"\u041e\u0431\u044a\u0435\u043c
JUP metrics. Data: Dune.\u00a0<\/figcaption><\/figure>\n

The average token price on decentralized exchanges is $0.61. Major CEXs like Bybit, Binance, Bitfinex, and OKX have also listed the coin.\u00a0<\/p>\n

Analysts at Lookonchain noted that one suspected airdrop hunter received 1.85 million JUP, approximately worth $1.17 million. Some of the coins have already been sold or exchanged on trading platforms.\u00a0<\/p>\n

\n

It seems someone made $1.17M in the $JUP<\/a> #airdrop<\/a>!<\/p>\n

Wallet”7poJrJ” received an airdrop of 1.85M $JUP<\/a>($1.17M) via ~9,246 wallets.<\/p>\n

Then sold 1.4M $JUP<\/a>($898K) at $0.6371 on #DEX<\/a>, and deposited 121K $JUP<\/a>($77K) to #Bybit<\/a> and #MEXC<\/a>.<\/p>\n

The wallet has 319K $JUP<\/a>($196K) left currently. pic.twitter.com\/llz2fWYWJN<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) February 1, 2024<\/a><\/p><\/blockquote>\n