Jupiter Exchange Announces Big Moves for $JUP, Acquires Moonshot

In line with its first-ever community conference, Solana-based decentralized exchange (DEX) Jupiter created surprising advancements for its team and its native token, $JUP.
Whatโs the significance? The announcements were seen as a big help to the long-term establishment of Jupiter as a platform and $JUP token.ย

Key Details: The announcements were made during the Catstanbul 2025, the community conference organized by Jupiter, which happened from January 25 to 26, 2025, in Istanbul, Turkey.
- The DEXโs founder,ย Meow, delivered the eventโs opening speech.ย ย
- The event was also streamed live on X so other community members can learn from the community meetup.ย
Making $JUP the GOAT Token.
— Jupiter ๐ช (@JupiterExchange) January 26, 2025
https://t.co/a7opQ0KFPK
Announcement #1: $JUP Burn Plans

Eyeing to make $JUP be the โmost GOATed token,โ Meow reminded the event participants about Jupiterโs inintial plan to burn 3 billion $JUP.
Key Quote:
โWe want to really connect the entire world and it’s not going to be easy. We need a lot of incentives, we need a lot of capital, we need a lot of funds. The goal is simple, we need $JUP to be that firepower.โ
Meow, Founder, Jupiter Exchange
Announcement #2: Fees as Buy Back $JUP
Meoww also announced that they are targeting 50% of the fees paid for platform transactions to be used as a buyback to $JUP, which will be held in the โlong-term litterbox.โ
- Meanwhile, the remaining 50% will be allocated for โgrowth, future strategy, and full operational stability.โ
Key Quote:
โI strongly believe that the value of a token is not anchored in buybacks, despite what others might tell you. The value of a token is anchored in community. Remember, every coin is a meme coin.โ
Meow, Founder, Jupiter Exchange
Announcement #3: Jupiter Acquire MoonShot

Lastly, the first announcement made during the event was about Jupiter acquiring a majority stake in MoonShot, a Solana-based self-regenerating automatic liquidity-providing protocol that rewards holders by distributing 4% of each transaction and adding 6% to the liquidity pool.ย
This article is published on BitPinas: Jupiter Exchange Announces Big Moves for $JUP as Founder Meow Reveals Identity
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