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Jupiter Targets JUP Airdrop for End of January

Decentralized trading aggregator Jupiter plans to airdrop its JUP token toward the end of January, the Solana-based protocol's pseudonymous founder said Tuesday. Since early December. meme coins, the Jito airdrop and SOL's own booming price have contributed to a surge in decentralized finance (DeFi) activity on the Solana blockchain. The airdrop may test the longevity of the altcoin frenzy. In a post on X, the founder, Meow, said the protocol was "not optimizing for hype or price of perfect price discovery." Rather, the airdrop would be an experiment in conducting a major token distribution – a "high stress event" – while "ensuring no cats left behind."


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