Posted 1/31/2024, 11:48:47 PM
Jupiter Soars Past Uniswap with $1.2B Volume After Launching Billion Token Airdrops
- Jupiter's trading volume on Solana exceeded $1.2 billion in last 24 hours, surpassing top DEX Uniswap on Ethereum
- Record daily volume driven by start of massive 1 billion JUP token airdrop claims to nearly 955,000 wallets
- Additional 3 billion JUP tokens allocated for future airdrops to attract more Jupiter users
- JUP price popped over 70% after launch to $0.72 before sinking to current $0.67; already has $914M market cap
- Over 566 million of 1 billion JUP tokens claimed so far by almost 392,000 wallets amid excitement around airdrop