Jupiter Token Airdrop to Solana Users Sees High Trading Volume, Some Criticism Over Distribution Method
• Jupiter's JUP token sees billions in trading volume and thousands of holders after $700M airdrop to Solana users
• Some criticize airdrop distribution method as an IDO in disguise, but Jupiter founder dismisses claims as false
• Rumors of a "rug pull" also quashed by Jupiter team
• Solana community largely supports JUP token sale process and design, citing transparency and lack of VC holders
• Token sale acts as testing ground for planned LFG launchpad for future Solana token distributions