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Jupiter Lianchuang: JUP’s high pricing is market behavior. The team’s share has been reduced to 2.5% and it prioritizes user interests.

Jupiter Lianchuang: JUP’s high pricing is market behavior. The team’s share has been reduced to 2.5% and it prioritizes user interests.

CointimeCointime2024/02/01 08:02
By:Cointime

Jupiter co-founder Meow posted on the X platform, stating: "The high pricing of JUP in the current market is a market behavior. The team's share has dropped from 20% to 5% and then to 2.5%. We are doing this to achieve a good open market dynamic, prioritize users, and not let the asset value of early launch pool participants evaporate significantly, nor let the community hodlers lose confidence."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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