🚀 #Jupiter $JUP Surges 6% After Major Token Burn Announcement! 🚀
#Solana -based #DEX Jupiter is making waves with a 3.6B$ token burn and a buyback program, pushing #JUP to a 30-day high of $1.28.
🔹 Key Highlights:
*/ 3B JUP tokens to be burned, reducing supply and boosting value.
*/ 50% of protocol fees will fund JUP buybacks to ensure long-term stability.
*/ Open interest surged 25% to $364M, reflecting bullish sentiment.
*/ JUP’s funding rate remains positive, signaling strong demand.
Currently trading at $1.05, JUP could climb to $1.08-$1.22 if momentum continues. #Altcoin Season#
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