“The price of the JUP token of the DEX-liquidity aggregator in the Solana ecosystem decreased by 4.6% overnight ahead of the planned January 22nd airdrop of 700 million coins. Source: CoinGecko. The token distribution, which the team called “the largest distribution in history,” starts at 5:30 p.m. The airdrop is part of Jupuary’s initiative to expand the project’s ecosystem. In December, the community supported its planned activities during a governance vote. the moment you’ve been waiting for is […]”, — write: businessua.com.ua
The price of the JUP token of the DEX-liquidity aggregator in the Solana ecosystem decreased by 4.6% overnight ahead of the planned January 22nd airdrop of 700 million coins.
Source: CoinGecko.
The token distribution, which the team called “the largest distribution in history,” starts at 5:30 p.m.
The airdrop is part of Jupuary’s initiative to expand the project’s ecosystem. In December, the community supported its planned activities during a governance vote.
the moment you’ve been waiting for is almost here 🥳
the Jupiter airdrop claim will go live on Wednesday at 3:30pm UTC
at the same time, @kashdhanda & @9yointern will host a special JUP Rally to celebrate and properly welcome everyone to the Jupiverse!
J4J pic.twitter.com/wntUmNlobO
— Jupiter 🪐 (@JupiterExchange) January 21, 2025
At current prices, the value of tokens allocated for distribution is ~$602 million. The asset is trading near $0.86, down about 57% from its high of $2 nearly a year ago.
According to the developers, more than 2 million approved wallets will participate in the airdrop.
The team also reminded:
- users will have three months to claim tokens, for this it is necessary to create a Jupuary profile;
- addresses flagged by the system as sibyls or bots will be able to file an appeal until January 27.
“Don’t rush”
Ignore that, today we break the internet 😏 pic.twitter.com/wcFZ80NaK6
— Jupiter Uplink (@jup_uplink) January 22, 2025
We will remind you that Jupiter announced the distribution of tokens at the end of December, the snapshot of the network was already taken at the time of the announcement. But some parameters of the airdrop were determined later.
The source