🔹Just before the Jupuary campaign, Jupiter will conduct a periodic token distribution at 21:00 on December 28, releasing 53.47 million JUP tokens, equivalent to about 1.73% of the circulating supply. At the current price, this unlocking has a value of approximately 10.3 million USD
🔸This is a periodic token distribution for the core team with about 38.89 million JUP and Mercurial shareholders with 14.58 million JUP
🔸Jupiter has strong internal capacity to absorb this supply thanks to the Buyback mechanism. The project uses 50% of transaction fee revenue to buy back JUP and lock it for 3 years, helping to stabilize the price and alleviate investors' concerns
🔸The event takes place just before Jupuary, the most explosive time for Jupiter, with an Airdrop plan of 200 million JUP. Expectations for the growth wave at the beginning of the new year often help the market absorb small unlocks without causing deep declines
🔹This is a moderate unlocking event, not too drastic in quantity compared to the position of a leading project on Solana. Any selling pressure, if it occurs, will only be short-term
If JUP experiences a slight correction after 53 million tokens are released, what price would be your ideal entry point?
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All information is for reference only and is not investment advice. Please read carefully before making a decision