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What is the issuance price of Jupiter (JUP) coins?
During its 2019 ICO, Jupiter (JUP) coins had an issuance price of $0.02, raising $2.5 million in funding.
Dec 07, 2024 at 10:33 pm

What is the issuance price of Jupiter (JUP) coins?
Issuance Price
The initial issuance price of Jupiter (JUP) coins was $0.02 during its initial coin offering (ICO) in July 2019. The ICO raised a total of $2.5 million.
Token Distribution
- 50% allocated to the public during the ICO
- 30% held by the Jupiter team
- 10% reserved for future development
- 10% allocated to advisors and partners
Token Supply
The total maximum supply of JUP coins is 1 billion. However, only a portion of this supply is currently in circulation. The remaining supply will be released gradually over time according to a pre-defined schedule.
Listing on Exchanges
Following the ICO, JUP coins were listed on several cryptocurrency exchanges, including:
- Binance
- Huobi
- OKEx
- Upbit
- Bittrex
Current Price
The current price of JUP coins is $0.05 as of January 2023. The price has fluctuated significantly since the ICO, with a high of $0.25 in April 2021 and a low of $0.01 in June 2022.
Market Capitalization
With a circulating supply of approximately 350 million coins, the market capitalization of JUP coins is approximately $17.5 million as of January 2023.
Token Value
The value of JUP coins is derived from the following factors:
- The use of the Jupiter platform for decentralized finance (DeFi) applications
- The demand for JUP coins for staking and governance
- The overall market conditions for cryptocurrencies
Conclusion
The issuance price of Jupiter (JUP) coins was $0.02 during its ICO in July 2019. The current price of JUP coins is $0.05 as of January 2023. The value of JUP coins is influenced by a number of factors, including the use of the Jupiter platform for DeFi applications, the demand for JUP coins for staking and governance, and the overall market conditions for cryptocurrencies.
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