@ktrip
Day 2 of analyzing my crypto portfolio plays, as I promised:
ā¶ļø Jupiter $JUP
Jupiter is one of the largest decentralized trading platforms and one of the most active governance communities in crypto.
š„ Dominant DEX on Solana
Jupiter is the leading decentralized exchange (DEX) on the Solana blockchain. This gives it a strong first-mover advantage and a significant portion of the Solana trading volume.
š„ Tokenomics Boost
The recent burn of 3 billion JUP tokens and the 50% protocol fee buyback mechanism are major bullish catalysts. These actions reduce supply and increase scarcity, potentially driving up the price of JUP.
š„ Solana Power
There is no much to say here. We all know Solana power and the fact that Trump chose this chain to launch his memecoin, says a lot
ā¶ļø Expanding Ecosystem
Jupiter is actively expanding its ecosystem through strategic partnerships and new product offerings. This growth could attract more users and increase demand for JUP.
Follow for more š°
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