Jupiter’s JUP Token Launch: Navigating the Revised Circulating Supply and Binance Listing

Binance will list Jupiter ($JUP) and open trading for these spot trading pairs at 2024-01-31 15:30 (UTC).

Jupiter, a decentralized trading aggregator built on the Solana blockchain, is set to launch its native token, JUP, through an airdrop on Wednesday at 10 a.m. EST. The founder, known as Moew, shared in a forum post that the token’s initial maximum circulating supply would be 1.35 billion, revising it down from the previously planned 1.7 billion coins. Considering the JUP-U.S. dollar perpetuals trading at 65 cents on Aevo, the token could enter the market with an approximate market capitalization of $700 million.

Out of the initial circulating supply, 1 billion coins are allocated for airdrops, 50 million each for loans to market makers on centralized exchanges and liquidity pool needs, and 250 million for a launch pool. Airdrops involve the widespread distribution of free tokens to communities, fostering adoption.

Approximately 955,000 wallets that engaged with Jupiter before November 2 are eligible for the JUP airdrop, as reported by Airdrop Official.

You can check the Binance announcement by visiting the following LINK :


Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

Follow Us

Top Selling Multipurpose WP Theme


Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!


Crypto feed news

Our team of crypto enthusiasts and market mavens is on a mission to deliver the latest, juiciest, and most insightful updates from the ever-evolving world of cryptocurrencies.

@CryptoFeedNews 2023 All Right Reserved. Designed and Developed by TheDevThingz

Skip to content