Solana's Jupiter Reveals Three Token Candidates For Next Launchpad

Solana-based decentralized exchange (DEX) aggregator Jupiter recently announced the possible launch of three new tokens through its launchpad. The announcement follows the launch of its JUP native token via the LFG launchpad last week.

Timeline of Jupiter-ag, Solana

Solana (SOL) token holders have something to smile about today. SOL is showing strength, rebounding above the $100 level after a five-hour network outage two days ago had investors worried that a deeper pullback would follow.

Matthew Sigel, head of digital assets research at Vaneck, revealed that there is speculation around the cause of the latest Solana outage, which stopped its blockchain by five hours. Sigel explained that the bug that created this service interruption was related to the Berkley Packet Filter (BPF) and that it might have been manually triggered.

A Solana (SOL) trader has achieved what many in the digital currency world can only dream of in an astonishing display of cryptocurrency market acumen. Leveraging a mere 18 SOL (approximately $1,758), the trader managed to rake in a staggering 7,197 SOL, equating to around $703,000, in just five hours, marking a monumental 400 times gain on their initial investment.

A Solana (SOL)-based altcoin rallied by more than 42% this week amid news that Binance is adding spot trading support for the digital asset. Pyth Network (PYTH) is an oracle network that aims to provide real-time financial data to smart contracts and decentralized applications (DApps).

The excitement surrounding the platform's giveaway reverberated throughout the market, especially with its listings on major exchanges like Binance, Bithumb, and OKX. Now, many are curious about where the price of JUP Token might head in the future.

The Jupiter (JUP) airdrop has come to a close, rewarding participants in millions. However, those who couldn't get their hands on the Jupiter airdrop shouldn't be disheartened as there is a slew of major airdrops slated for 2024, with the potential to capitalize on the growing trend of crypto rewards.

JUP, the token backed by the decentralized exchange (DEX) Jupiter, stepped into the limelight with its much-awaited debut post an exciting airdrop. Users celebrated the platform's giveaway, and the excitement echoed across the market, fueled by standout listings on major exchanges such as Binance, Bithumb, and OKX.

The host of the InvestAnswers YouTube channel believes that one crypto project running on the Solana (SOL) network will go on a bullish rampage. The InvestAnswers host tells his 472,000 YouTube subscribers that the decentralized exchange (DEX) aggregator Jupiter (JUP) could surge by “somewhere between a 4x and an 8x to be conservative.

In dissecting the recent price behavior of smart contract platform Solana ($SOL), a popular cryptocurrency strategist known or accurately calling the cryptocurrency market bottom in 2018, has suggested he would gain interest in the cryptocurrency again when it gets to the $low $70s.

OpenSea, a prominent NFT marketplace, is currently developing a platform upgrade known as OpenSea 2.0. According to Devin Finzer, the CEO, this upgrade aims to enhance user experience and better differentiate NFT categories as their use cases continue to evolve.