The Solana-based decentralized exchange (DEX) has launched its Jupuary airdrop, allowing over 2 million wallets to receive JUP tokens worth $500 million. Token swappers will receive the largest allocation of 425 million JUP tokens, followed by stakers with 75 million tokens. The airdrop caused the JUP token to drop by over 8% as recipients began liquidating their rewards. Some users reported issues claiming their tokens, but Jupiter assured that all claims would be processed despite the delays. Jupuary is one of the largest crypto airdrops recently and the JUP token was recently added to Grayscale's potential investment assets list. Crypto airdrops have become more common, with new projects utilizing them to engage communities and attract more users.
Content Editor ( beincrypto.com )
- 2025-01-23
Jupiter’s Jupuary Airdrop Goes Live for Over 2 million Wallets
