What to know:
- Jupiter, a Solana-based exchange, is showering its loyal users with a whopping 700 million JUP tokens! 💸
- It’s their “largest airdrop ever,” they claim. 🙄 Let’s hope the JUP token isn’t as slippery as a bar of soap! 📉
- This “generosity” is part of their “Jupuary” event, which sounds like a month-long marketing gimmick to us. 🤪 And guess what? Another airdrop is planned for next January! 🤯
They’re calling this “the largest airdrop in history.” We’re not sure about that, but it’s certainly the largest pile of JUP tokens ever thrown at a community. 😈 The “Jupuary” event sounds more like a desperate attempt to keep their token afloat. ⚓️ They even had to amend the proposal to include a token audit and burn schedule after people raised concerns about the sustainability of this whole thing. 🤦♀️
JUP is currently trading at $0.87, which means the airdrop is worth a cool $612 million. 🤑 But don’t get too excited, folks! The token is already down 2% in the past 24 hours. 📉 We’re wondering if this “gift” will turn out to be a poisoned chalice. ☠️
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2025-01-22 12:50