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Jup

JUP

Jupiter

JUP

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₹70.30

LIVE

24H Low ₹69.29

24H High ₹71.48

Price of JUP today

The current live price of JUP today is ₹70.30, with a 24-hour trading volume of ₹4,04,04,18,381.93. Our JUP to INR price is updated in real-time. JUP has seen a increment of 1.18% in the last 24 hours. With a live market cap of ₹94,92,03,07,091.58 , the circulating supply is at 1,350,000,000 JUP coins, with a maximum supply of 10,000,000,000JUP coins.

Jupiter Price History

Date ComparisonAmount Change% Change
Today₹0.81

1.17%

7 Days₹2.90

4.29%

30 Days₹3.58

5.33%

1 Year₹0.00

0%

Jupiter Price Information

Price Change (1hr)

0.87%

Price Change (24hr)

1.17%

Price Change (7d)

4.29%

Jupiter Market Stats

Market Cap

₹94,92,03,07,091.58

Fully Diluted Market Cap

₹7,03,11,33,85,864.24

24hr Volume

₹4,04,04,18,381.93

26.97%

Circulating Supply

1350000000 JUP

Total Supply

10000000000 JUP

Things to know about Jupiter

What is Jupiter (JUP) Token?

Jupiter (JUP) is a cryptocurrency token that operates on the Solana blockchain, focusing on providing liquidity aggregation and decentralized exchange (DEX) services. It aims to offer users the best route discovery between any token pair, ensuring low slippage and minimal fees for token swaps. Jupiter’s platform is designed to enhance Solana's decentralized finance (DeFi) ecosystem by offering a user-friendly interface for traders and developers, enabling easy access to swap functionalities within applications or on-chain programs. The project emphasizes security, efficiency, and democratizing access to financial services through blockchain technology.

Tokenomics

  • Total Supply:

  • 10 Billion JUP tokens.

  • Circulating Supply:

  • Varies, with 1.35 billion tokens allocated for community airdrops.

  • Allocation:

  • 40% to community airdrops, with the remainder distributed among developers and the project team and reserved for future ecosystem development.

  • Blockchain:

  • Solana.

  • Token Type:

  • Governance and utility token within the Jupiter ecosystem.

Market Data

As of today #{today’s date}, the price of Jupiter is ₹70.30 INR or 0.7962 USD, with a 24-hour trading volume of 45757852.57 USD. The market capitalization for Jupiter is 1074975165.25USD. The circulating supply is 1350000000 Jupiter, with the total supply also being 10000000000 Jupiter.

Token Pros and Cons

Pros:

  • Low Slippage and Fees:

  • Jupiter’s liquidity aggregation ensures users get the best prices with minimal slippage and fees.

  • Governance Participation:

  • JUP token holders can vote on critical decisions influencing the platform’s development and direction.

  • Ecosystem Growth:

  • Regular airdrops and incentives for both users and developers help grow the Jupiter ecosystem.

  • High Security:

  • Built on the Solana blockchain, Jupiter benefits from high throughput and enhanced security features.

  • Innovative Features:

  • Offers unique DeFi solutions like decentralized stablecoins and perpetual futures, expanding its utility beyond simple token swaps.

Cons:

  • Market Volatility:

  • As with all cryptocurrencies, JUP’s price is subject to high market volatility.

  • Regulatory Risks:

  • Uncertain regulatory environments in various jurisdictions could impact Jupiter’s operations and token value.

  • Technical Risks:

  • Potential bugs or vulnerabilities in intelligent contracts could pose risks to users’ funds.

  • Competition:

  • Faces stiff competition from other DEXs and liquidity aggregators within the Solana ecosystem and beyond.

  • Dependence on Solana:

  • Jupiter’s performance and reliability are closely tied to the Solana blockchain, which has experienced outages in the past.

Why Should You Invest in the Coin?

  • Innovative DeFi Solutions:

  • Jupiter’s focus on offering unique DeFi products like decentralized stablecoins positions it as a pioneer in the space.

  • Strong Community Support:

  • With a significant portion of tokens allocated for community airdrops, Jupiter has cultivated a robust and engaged community.

  • Scalability:

  • Leveraging Solana’s high throughput and low transaction costs, Jupiter can scale effectively to meet growing demand.

  • Potential for Appreciation:

  • As the Jupiter platform develops and adds more features, the demand for JUP tokens could increase, potentially leading to price appreciation.

  • Active Development:

  • Continuous updates and new features from the Jupiter team indicate a commitment to the project’s long-term success.

USP of the Coin

  • Best Route Discovery:

  • Jupiter’s advanced swap aggregation engine ensures users always get the best prices for their trades.

  • Community-Centric Approach:

  • With a significant focus on community rewards and governance, Jupiter prioritizes user engagement and participation.

  • Comprehensive DeFi Suite:

  • Beyond simple swaps, Jupiter aims to offer a full suite of DeFi products, including perpetual futures and decentralized stablecoins.

Problem the Coin is Solving

Jupiter addresses the issue of fragmented liquidity and high slippage in the DeFi space by aggregating liquidity from various sources, ensuring users can execute trades at the best possible prices without significant price impact. It also aims to democratize access to financial services by providing a user-friendly platform that simplifies complex DeFi transactions.

Founder and Team Background

The founder of the Jupiter (JUP) token is known by the pseudonym Meow.

ICO Price

The Jupiter (JUP) token was launched without a traditional Initial Coin Offering (ICO). Instead, the token was introduced through an airdrop strategy, which is a method of distributing tokens to existing users of a platform or to wallet addresses that meet specific criteria. This approach is often used to foster community engagement and distribute tokens widely without raising funds through a public sale.

Risks Associated in Investing in the Coin

  • Solana’s Network Stability:

  • Any issues with Solana’s performance or security could directly impact Jupiter’s operations.

  • Competitive Market:

  • The rapidly evolving DeFi landscape means Jupiter must continually innovate to stay relevant.

  • Liquidity Risks:

  • Sudden market movements could affect the liquidity available for certain token pairs, impacting trade execution.

  • Adoption Rates:

  • Jupiter’s success heavily depends on widespread adoption within the Solana ecosystem and beyond.

  • Technical Complexity:

  • The inherent complexity of DeFi products may deter less experienced users, potentially limiting Jupiter’s user base.

Summary of the Whitepaper

. This document serves a consultative purpose, inviting stakeholders to engage in dialogue and contribute to shaping Jupiter’s future. The paper introduces several new initiatives, including the $JUP token, Jupiter Start, and Jupiter Labs, that aim to energize the ecosystem and foster its growth.

Overview of Jupiter’s Achievements and Ethos

Over the past year, Jupiter has established itself as the default trading platform on Solana, boasting the best aggregator in the cryptocurrency space. The platform supports a variety of trading activities, such as swaps, limit orders, and dollar-cost averaging strategies. Jupiter’s commitment to providing the best price, token selection, and user experience drives its continuous product innovation. Enhancements in routing algorithms and the integration of new tools are specifically designed to deliver an exceptional trading experience for both users and developers.

The JUP Token and Governance

The introduction of the $JUP token is a significant development aimed at cultivating a robust community and decentralized autonomous organization (DAO) for Jupiter. The token is designed to incentivize engagement and attract new capital flows into the Solana ecosystem, thereby enhancing its vibrancy and growth. It is important to note that the $JUP token is not yet live, and potential investors are cautioned against fake tokens.

Jupiter Start Initiative

Jupiter Start is a year-long initiative focused on supporting new projects that contribute positively to the health of the Solana ecosystem. This initiative is mainly targeted at projects that are not merely short-term pumps and dumps but are instead aimed at sustainable development within the ecosystem.

Strategic Direction for the Future

Looking forward, Jupiter is committed to growing the pie, not just for itself but for the entire Solana ecosystem. The paper outlines a strategic direction that includes continuing to enhance the trading experience on its platform and supporting the broader ecosystem through initiatives like Jupiter Start and Jupiter Labs. The overarching goal is to ensure that Solana remains a vibrant and growing ecosystem capable of attracting and sustaining new projects and capital.

Conclusion

The Jupiter Green Paper is a call to action for all stakeholders within the Solana ecosystem to engage, contribute, and collaborate towards a shared vision of growth and innovation. By introducing new tools like the $JUP token and supporting new projects through Jupiter Start, Jupiter aims to lead by example in building a more robust and dynamic ecosystem. This document not only highlights Jupiter’s past achievements and current initiatives but also sets a clear path for its future ambitions within the Solana ecosystem.

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What is the price of Jupiter (JUP)?

The current price of Jupiter (JUP) in INR is ₹70.30 INR.

What is the current JUP market cap?

The current market capitalization of Jupiter (JUP) is ₹94,92,03,07,091.58 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of JUP by the number of coins in circulation.

What is the current supply of Jupiter (JUP)?

The current supply of Jupiter (JUP) is 1350000000 JUP. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Jupiter (JUP)?

The 24-hour trading volume of Jupiter (JUP) in INR is ₹4,04,04,18,381.93. This figure represents the total value of all JUP transactions across various exchanges within the last 24 hours.

How to Buy Jupiter (JUP) in India?

To buy Jupiter (JUP) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in JUP.

Can I buy Jupiter (JUP) with UPI?

Yes, you can buy Jupiter (JUP) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Jupiter (JUP) to Indian Rupee (INR)?

To convert Jupiter (JUP) to Indian Rupee (INR), you can use our JUP/INR conversion rates in real time.

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