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$63,869.00 1.94779
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Ethereum
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$3,413.46 2.01418
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BNB
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$571.50 0.05645
BNB price
Solana
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$156.53 2.7435
Solana price
XRP
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$0.5466020 2.53194
XRP price
Shiba Inu
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$0.0000193 7.16105
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Pepe
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$0.0000120 25.84156
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Bonk
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$0.0000270 11.01102
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Bitcoin
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$63,869.00 1.94779
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Ethereum
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$3,413.46 2.01418
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BNB
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$571.50 0.05645
BNB price
Solana
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$156.53 2.7435
Solana price
XRP
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$0.5466020 2.53194
XRP price
Shiba Inu
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$0.0000193 7.16105
Shiba Inu price
Pepe
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$0.0000120 25.84156
Pepe price
Bonk
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$0.0000270 11.01102
Bonk price
Bitcoin
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$63,869.00 1.94779
Bitcoin price
Ethereum
Ethereum (ETH)
$3,413.46 2.01418
Ethereum price
BNB
BNB (BNB)
$571.50 0.05645
BNB price
Solana
Solana (SOL)
$156.53 2.7435
Solana price
XRP
XRP (XRP)
$0.5466020 2.53194
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000193 7.16105
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000120 25.84156
Pepe price
Bonk
Bonk (BONK)
$0.0000270 11.01102
Bonk price

Jupiter soars, analysts back new crypto to rally

Press Releases
Jupiter soars, analysts back new crypto to rally

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

JUP, the native token of Jupiter, a decentralized exchange on Solana, has generated over $1.3 billion in trading volume on launch day.

The exchange was already well established. However, it announced that it would airdrop JUP to users who had traded over $1,000 on the exchange by Nov. 2, 2023.

Jupiter momentarily flipped Uniswap’s 24-hour trading volume, per Coingecko data.

Currently, Jupiter controls a 25.9% market share of total DEX trading volume.

Jupiter soars, analysts back new crypto to rally - 1

In the lead-up to the token launch, Solana’s TVL rose. At the same time, stablecoin issuance spiked.

Jupiter soars, analysts back new crypto to rally - 2

Leading centralized exchanges were quick to list JUP, some of the most notable being Binance, OKX, and Bybit.

Currently trading at $0.56, JUP initially rose to $2.04, according to CoinMarketCap data.

Jupiter soars, analysts back new crypto to rally - 3

Dune Analytics data shows that over 423K wallets have claimed JUP. Out of this, 69.4% have sold their holdings. 

Jupiter soars, analysts back new crypto to rally - 4

Meme Kombat raises $7.8 million in presale

Meme Kombat blends crypto gambling and meme coins.

The project lets users bet on AI-generated battles between meme coin characters using MK.

Numerous game modes are available, including multiplayer and side betting.

The platform has an augmented battle arena for users can watch the fights up close.

This twist on crypto gambling resonates closely with crypto culture, integrating meme coins and gamified graphics for a more “web3 style” experience.

Jupiter soars, analysts back new crypto to rally - 5

However, Meme Kombat also ensures a market-leading user experience, leveraging traditional odds mechanics for more fair and realistic gameplay.

The project also offers a staking mechanism, currently providing a 119% APY.

But this staking yield will decrease as the staking pool grows, so those looking to maximize their holdings should not wait around.

Over 80% of MK tokens are already stake.

Meme Kombat’s team is public. At the same time, the platform’s smart contracts have been audited by a third party.

So far, the project has raised over $7.8 million, approaching its $10 million hard cap, in the ongoing presale.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.