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Racer ✪

@racer

Jupiter poured nearly $58M into buying its own token at around fifty cents, and today that same token trades below twenty. That’s not capital return — it’s value incineration. For every dollar spent, well over half vanished. What makes it worse is that the underlying business isn’t weak. Jupiter is generating hundreds of millions in revenue, moving a trillion in volume, and scaling lending faster than almost anyone in the space. Yet the token keeps sliding, down more than sixty percent since early fall. When leadership openly says the token model doesn’t work, that’s not FUD — it’s a warning. If the people closest to the system say value capture is broken, you should listen.
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