Cryptocurrency exchange Jupiter will hold airdrop digital assets in January 2025 to reward loyal customers.
Cryptocurrency exchange Jupiter will airdrop digital assets in January 2025 to reward loyal customers.
Jupiter plans to conduct a promotion of 700 million native Jupiter tokens (JUP) , which is currently valued at $581 million. The coins will be distributed as follows:
Jupiter Cryptocurrency Distribution Scheme
The airdrop will be open to owners of 2.32 million crypto wallets. The total number of exchange clients is estimated at 10.65 million, so 22% of users will be awarded cryptocurrency. Traders with a trading volume of over $800 will be eligible for the minimum bonus, while the maximum prize will go to fat cats who have made transactions worth at least $14 million.
The Jupiter cryptocurrency has seen a massive bull run this year, with the coin rising in price more than 27 times since the launch on January 31. However, a bearish trend emerged on December 6, and the digital asset fell by more than 40%. If the downward trend continues, airdrop participants will likely sell JUP, despite the additional reward awaiting hodlers.
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