Jupiter Founder Defends Controversial $700M Airdrop, Claims It Will Benefit Token Holders
- Jupiter founder "Meow" defends recent airdrop that sparked backlash
- 1 billion JUP tokens airdropped, worth over $700 million at peak
- Critics view it as a disguised ICO, question founders' motives
- Meow claims launch liquidity pool will benefit token holders
- Allows sellers to exit in first 7 days if unhappy with token approach