cryptocurrency exchange Jupiter will hold airdrop digital assets in January 2025 to reward loyal customers.
Jupiter will highlight to conduct a promotion of 700 million native Jupiter tokens (JUP) worth $581 million at the current rate. The coins will be distributed as follows:
- 425 million JUP will be transferred to users of the virtual currency exchange service.
- 75 million JUP will be received by stakers.
- 200 million JUP will be sent to people who will keep the donated coins (“carrots”) and benefit the crypto community (“good cats”).
В airdrop Owners of 2,32 million crypto wallets will be able to take part. The total number of exchange clients is estimated at 10,65 million, so 22% of users will be awarded cryptocurrency. Traders with a trading volume of over $800 are eligible for the minimum bonus, while the maximum prize will go to fat cats who have made transactions worth at least $14 million.
The Jupiter cryptocurrency market has seen a massive bull run this year, with the coin has risen in price more than 27 times since the release on January 31. However, a bearish trend emerged on December 6, and the digital asset fell by more than 40%. If the downward trend continues, airdrop participants will likely sell JUP, despite the additional reward awaiting hodlers.