Jupiter’s JUP Token Surges 10% Following Strategic Acquisitions
- JUP price increased by 10%, reaching $0.9425.
- The coin’s 24-hour trading range was between $0.8208 and $0.968.
- Solana DEX Jupiter acquired a majority stake in Moonshot, a meme coin trading platform.
- Jupiter also acquired Sonarwatch, an on-chain portfolio tracker for Solana.
- Intraday trading volume rose by 13% to $441.88 million.
- Futures open interest surged by 18% to $263.87 million, with derivatives volume up by 30% to $1.08 billion.
The recent strategic acquisitions by Solana DEX Jupiter have led to a significant increase in the price of its native token, JUP, which saw a rise of 10%. This growth is supported by increased market activity and positive sentiment surrounding the platform’s developments.
Source (2.6)https://coingape.com/jup-price-soars-8-as-solana-dex-jupiter-acquires-majority-stake-in-moonshot/?rand=24432
