{"id":20552,"date":"2025-01-22T16:29:30","date_gmt":"2025-01-22T14:29:30","guid":{"rendered":"https:\/\/forklog.com\/en\/jupiter-token-declines-ahead-of-700-million-jup-airdrop\/"},"modified":"2025-01-22T16:29:30","modified_gmt":"2025-01-22T14:29:30","slug":"jupiter-token-declines-ahead-of-700-million-jup-airdrop","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/jupiter-token-declines-ahead-of-700-million-jup-airdrop\/","title":{"rendered":"Jupiter Token Declines Ahead of 700 Million JUP Airdrop"},"content":{"rendered":"<p>The price of the JUP token, part of the DEX liquidity aggregator within the Solana ecosystem, fell by 4.6% over the past day ahead of the scheduled airdrop of 700 million coins on January 22.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"167\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-21-1024x167.jpg\" alt=\"Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-21\" class=\"wp-image-250172\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-21-1024x167.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-21-300x49.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-21-768x125.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-21.jpg 1145w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>The token distribution, described by the team as &#8220;the largest giveaway in history,&#8221; will commence at 17:30\/18:30 (Kyiv\/MSK).<\/p>\n<p>The airdrop is part of the Jupuary initiative aimed at expanding the project&#8217;s ecosystem. In December, the community <a href=\"https:\/\/www.jupresear.ch\/t\/j4j-3-jupuary-vote-2\/28451\">approved<\/a> the planned activities within this initiative through a governance vote.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">the moment you&#8217;ve been waiting for is nearly here ?<\/p>\n<p>the Jupuary airdrop claim will go live on Wednesday at 3:30pm UTC <\/p>\n<p>at the same time, <a href=\"https:\/\/twitter.com\/kashdhanda?ref_src=twsrc%5Etfw\">@kashdhanda<\/a> &#038; <a href=\"https:\/\/twitter.com\/9yointern?ref_src=twsrc%5Etfw\">@9yointern<\/a> will host a special J.U.P Rally to celebrate and properly welcome everyone to the Jupiverse!<\/p>\n<p>J4J <a href=\"https:\/\/t.co\/wntUmNlobO\">pic.twitter.com\/wntUmNlobO<\/a><\/p>\n<p>\u2014 Jupiter ? (@JupiterExchange) <a href=\"https:\/\/twitter.com\/JupiterExchange\/status\/1881685672878285059?ref_src=twsrc%5Etfw\">January 21, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At current prices, the tokens allocated for distribution are valued at approximately $602 million. The asset is trading near $0.86, about 57% below the peak of $2 recorded roughly a year ago.<\/p>\n<p>According to <a href=\"https:\/\/x.com\/JupiterExchange\/status\/1882042112226852976\">developer estimates<\/a>, more than 2 million approved wallets will participate in the airdrop.<\/p>\n<p>The team also reminded users:<\/p>\n<ul class=\"wp-block-list\">\n<li>users will have three months to claim tokens, for which they need to create a Jupuary profile;<\/li>\n<li>addresses flagged as sybils or bots by the system can appeal until January 27.<\/li>\n<\/ul>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">&#8220;Don\u2019t rush&#8221;<\/p>\n<p>Ignore that, today we break the internet ? <a href=\"https:\/\/t.co\/wcFZ80NaK6\">pic.twitter.com\/wcFZ80NaK6<\/a><\/p>\n<p>\u2014 Jupiter Uplink (@jup_uplink) <a href=\"https:\/\/twitter.com\/jup_uplink\/status\/1881982765996077391?ref_src=twsrc%5Etfw\">January 22, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Back in late December, Jupiter <a href=\"https:\/\/u1f987.com\/en\/news\/jupiter-dex-aggregator-announces-new-airdrop\">announced<\/a> the token distribution, with a network snapshot already taken at the time of the announcement. However, some airdrop parameters were determined later.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of the JUP token, part of the DEX liquidity aggregator within the Solana ecosystem, fell by 4.6% over the past day ahead of the scheduled airdrop of 700 million coins on January 22. Data: CoinGecko. The token distribution, described by the team as &#8220;the largest giveaway in history,&#8221; will commence at 17:30\/18:30 (Kyiv\/MSK). [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1158,787,1159],"class_list":["post-20552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-airdrops","tag-dex","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=20552"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/20551"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=20552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=20552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=20552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}