ME
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ME retweetet

Were we all wrong in saying $JUP is going to $2-$3?
Yes, obviously, but also no.
We didn’t understand the new mechanics on this new type of launch.
The demand was there. Around $125m sent $JUP to $0.7. If this would have been a normal launch the price predictions would have hit.
But why didn’t this happen?
@JupiterExchange setting and clearly communicating the DLMM price settings automatically created a psychological resistance price for traders at $0.7, which in reality was quite the opposite. At 0.7 the DLMM liquidity (volatility resistance) was gone, proper parabolic price discovery would have been possible.
A lot of demand/volume was handled via OTC deals on @WhalesMarket. @HGEABC alone bought around 9m tokens there.
@JupiterExchange supplying sooo much liquidity completely halted any type of parabolic price discovery. Good for accumulators and airdrop dumpers. Bad for bots, traders, degens and moon boys aka volatility lovers.
If you want to know how much this liquidity is keeping the $JUP price in check simulate at $1m USDC buy on $JUP and $PYTH.
Slippage:
$JUP: 1.32%
$PYTH: 32.7%
A quick linear extrapolation: with $125m in buying pressure with a normal launch pool would have catapulted the $JUP price to around $2-$3 post launch.
What does this mean?
1. The launch worked as intended, the mechanics are spot on and probably as fair as can be for a token launch. Great stuff @weremeow
2. On Wednesday the @JupiterExchange DLMM pools gets pulled. The price then will determine the circulating supply for the next 12 months. @ $0.7 or above there will be 1.35b tokens available, @ or below $0.4 it will be 1.1b tokens after the team removes the DLMM. Both are bullish in their own way. Either @JupiterExchange raises a huge amount of $ to build great tech or we see a circulating supply cut. The truth will probably be somewhere in between.
3. Imo we can expect some sort of bullish news leading up to Wednesday, most likely staking. Why? @JupiterExchange want to get as close to $0.7 as possible to raise as much as possible.
4. Once the DLMM pool is removed volatility will return, traders will return, volume will increase and a moon mission could be set in motion.
I‘m comfortable holding my free airdrop.
What’s your take?
Do you like the mechanics?
How will this work for future launches, now that we know how it works?




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It will surely happen to make people dump their airdrop.
A lot of buyers will step in at 0.5$, they must be rekt so 0.43/0.45$ circa x $JUP it's a thing.
Remindooor that this isn't FUD, I love $JUP, I'm just a trader so I keep myself objective!
HLProphet@HLProphet
@Crouserrr $JUP below 0.5$
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@KyleReidhead @MeteoraAG What if you supply via Kamino? I dumped my $JUP into the Meteroa pool via Kamino right after the drop.
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Airdrop farming is heating up on Solana.
@MeteoraAG just launched its points program.
And it's putting up 10% of its upcoming $MET token supply towards rewarding LPs on Meteora.
By simply supplying liquidity, you'll accrue points.
Get started now: app.meteora.ag/dlmm
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Predicted the future. $JUP will not reach $1 in the near futue. It is not FUD just basic maths.
Virat@nftsk007
There will be 1 biilion token airdropped to wallet when JUP token goes live meaning the market cap will be $1 billion which is highly unlikely. A more conservative estimate would put JUP at $0.4 - $0.6 giving it a market cap of $400 - $600 M which is feasible.
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Does $JUP drop to 0.40 or am I just desperate?
Commander Seabass@crypto_seabass
My best hope is $JUP tanks on launch for whatever reason, then I will bid my whole body for as much as I can and ride it for the whole of this year
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Just a friendly reminder that @Uniswap launched at $0.48 with growth to $8 after 2 days and crashing to $1.7 in 2 weeks just to all time high $45 , with 1B tokens in circulation , currently sitting at $6.1 .
@JupiterExchange have similar circulated supply but greater volume! $JUP

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$SOL #Solana can you guys help me understand why a tiny $500 market buy has absolutely huge slippage on $JUP
What am I doing wrong here?

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ME retweetet

@Ninjascalp Thoughts on ORCA, RAY and other SOL dexes? Do you think they’ll pump with relative valuation of JUP?
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@0xTapout @wenwencoin People are taking profit after x2,5.
Wait few weeks to sell in profit.
All eyes on JUP and sol rn
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Why the fuck is $wen dumping
I thought burning supply would make it pump @wenwencoin
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