How a meme coin can make you fly! This is what is happening to the Jupiter decentralized exchange of the Solana network.
Jupiter has launched the WEN coin to test its Launchpad system through an airdrop to users who have used its platform during the last few months. You could also be eligible for the airdrop if you met other conditions.
A few days ago I made a post about this if you would like to read it Cashing my airdrop on Jupiter "Solana"
Wen has been a complete success and at this moment the airdrop would be valued at about $100 which is a good tip for those of us who have claimed it but who is really making it fly is Jupiter who today was placed in some moments such as the exchange dex number 1 surpassing Unishap for some moments. Jupiter has exceeded 500 million dollars in volume in the last 24 hours.
The Solana network has also seen its activity and of course its transaction rates increase greatly. The solana token, for its part, has had a rebound but much smaller.
This is an example of what the coins called MEME can do in the market and why we should not underestimate them whatever we think about them because otherwise reality will crush us.
Now there is the launch of the JUP token, which will be Jupiter's utility token, and we will see if it is more or less successful than its WEN litmus test. But this will be enough for another article in a few days.
Screenshot of the coinecko.com website
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