$JUP now my largest SOLAlt Position - $NOS #2 (Patreon)
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Not only has it become my largest SOLAlt but they also have a big conference coming up which will spike the price even further.
Jupiter's Catstanbul 2025 is a big event scheduled for January 25-26, 2025, in Istanbul, Turkey.
Overview of Catstanbul 2025:
first-ever Jupiverse conference
Tickets for the event are free but require a refundable deposit of 99 JUP tokens.
Key Events and Announcements:
One of the most highlighted events at Catstanbul will be the burning of 30% of the total supply of JUP tokens, which amounts to 3 billion tokens. This burn is intended to reduce the circulating supply from 10 billion to 7 billion, aiming to increase token value through scarcity. This will jack price big time!
The conference will serve as a platform for major unveilings related to Jupiter's ecosystem strategy, new initiatives, and partnerships.
Airdrop: Before Catstanbul, there was an airdrop of 700 million JUP tokens to reward community participation, which might influence market dynamics due to the influx of new tokens.