Jupiter Exchange Stuns Crypto World with $3 Billion Token Burn, Boosting JUP by 6%

Jupiter Exchange, a Solana-based platform, has made headlines with a game-changing move—burning 3 billion JUP tokens, effectively slashing the total supply by 30%. This monumental decision, valued at $3 billion, sent shockwaves through the market, causing JUP’s price to jump 6% within 24 hours, reaching $0.97. Trading volume surged by 200%, hitting $1.74 billion as investors scrambled to capitalize on the news.

Big Announcements at Catstanbul 2025

During the highly anticipated Catstanbul 2025 event, Jupiter Exchange founder Meow unveiled an ambitious roadmap aimed at bolstering JUP’s value. The platform plans to systematically eliminate billions of tokens to lower emissions and improve its fully diluted valuation.

As part of this strategy, half of the protocol fee revenue will be used to repurchase JUP tokens, which will then be locked in a reserve aptly named the “long-term litterbox.” This mechanism is designed to instill investor confidence and ensure long-term stability. The remaining revenue will fund growth and operational costs, signaling Jupiter’s commitment to sustainable development.

The market responded enthusiastically, with JUP spiking 37% on the four-hour chart, briefly reaching $1.28, its highest point in 30 days. Over the past month, the token has seen a 20% gain, though it still trades 50% below its all-time high of $2.04, set in January 2024.

Analyzing the Market Opportunity

Technical indicators suggest bullish momentum for JUP. The MACD line points to growing interest, while the Accumulation/Distribution indicator reveals a phase of profit-taking. Analysts see this as a potential buying opportunity, with $0.75 as a key support level.

Renowned crypto analyst Batman weighed in on X, advising, “Rare opportunities like this deserve attention. Use them wisely.”

Also Read: Jupiter Airdrop Triggers $500M Selloff: JUP Price Drops 9%, What’s Next?

Jupiter Exchange’s bold $3 billion burn and strategic vision have positioned JUP as a standout token in a volatile market. Whether this momentum continues remains uncertain, but the move has undoubtedly set a high bar for other projects.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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