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Team, As previously signaled many times, I felt underweight JUP, and as such I've executed my planned purchase of additional Jupiter (JUP) tokens at precisely $0.71. This price point has proven to be a robust support level throughout the summer, consistently serving as a springboard for upward movement

Key points to consider:

  • Potential upside: In a bullish market scenario, JUP could potentially reach nearly $.2.68, representing significant growth potential.

  • Strong support: The $0.71 level has demonstrated remarkable resilience as a support zone over the past few months. It always bounces clean off 71 cents.

  • Promising roadmap: Jupiter's development is super impressive, with continuous platform improvements.

  • Mobile expansion: The mobile release is a game-changer for user adoption and accessibility.

This purchase aligns with my bullish outlook on Jupiter's future. As always, conduct your own research and manage your risk appropriately.

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Comments

Darth Bitcoin

Opened my first perp since 2021 on JUP. Since my liquidation level is .58 I am going to sit on this one for a bit. High chance of a very good profit.

Lifeonbeta

Where does one buy this SPOT? Tried Coinbase and Gemini, not there.

Nomadicanuck

Anyone looking into Jupiter Mobile? Apparently it can do perps as well…

Kick

Keep up the Trade Alerts 🚀@James

David

Jup.ag is pure joy to use. I'm probably overweight JUP 😝

Paul

I'm bullish on JUP, but a bit concerned with ASR rewards/January airdrop devaluating its value. What's your thoughts on the increasin circulating supply as negative impact on JUP price?

Crypto 00

What about the circulating supply doubling on Jan 25 ?

smitty

Off topic. Sorta. Staked PYTH a while back. Forgot about it. Recently checked and new terms of service state services not available in USA other than unstaking and withdrawal. So that’s a fact Jack? Just withdraw and move on? Thx

Luis FM

Personally I think JUP is going to eat Uniswap's lunch this cycle. When we get to the frenzy stage of the cycle sometime next year, the volume on Jupiter is going to be insane. I'm betting we comfortably get into the $7-$10 range.