Jupiter Unveils Major JUP Token Changes at Catstanbul 2025

user avatar

by Giorgi Kostiuk

2 years ago

Jupiter, a decentralized exchange aggregator on Solana, concluded its first event 'Catstanbul 2025' with significant announcements regarding the platform and its governance token, JUP.

Highlights of Catstanbul 2025

The platform's founder, known as 'Meow', shared updates about the JUP token, which saw a price increase of 10.86%. Meow expressed ambitions to make JUP the most successful token, highlighting the dedication of the team and community.

Future Plans for JUP

Meow announced a significant plan to burn 3 billion JUP tokens valued at $3.6 billion to reduce emissions and enhance token stability. He stated that selling JUP is not intended for operational costs but may occur to form long-term partnerships with aligned entities.

New Achievements and Plans

Jupiter made advancements in AI and memecoin sectors by acquiring a majority stake in Moonshot, launching a new omnichain network 'Jupnet' in beta, upgrading to V2, and initiating a $10 million AI fund.

At Catstanbul 2025, Jupiter demonstrated its commitment to developing the JUP token and platform, offering innovations and major plans that could impact the crypto market in the future.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Federal Judge Upholds $5 Million Settlement Against Gemini

A federal judge has upheld a $5 million settlement against Gemini, rejecting a motion to overturn it despite changes in regulatory policy.

user avatarLi Weicheng

Criminals Use AI-Powered Tools for Cyber Attacks in India

Criminals are using AI-powered tools to conduct financially motivated cyber attacks against entities in India.

user avatarAisha Farooq

MEXC Enhances Security Measures and Capital Reserves

MEXC enhances its security framework and capital reserves by adding 1,000 BTC to its Futures Insurance Fund, aiming to protect user assets and provide a risk buffer during extreme market conditions.

user avatarTenzin Dorje

MEXC Unveils AI Trading Report with Key Insights from Crypto Traders

MEXC has released an AI Trading Report based on a survey of 3,708 crypto traders, highlighting the use of AI in trading strategies and user preferences for control and risk management.

user avatarBayarjavkhlan Ganbaatar

BingX EU Achieves MiCA License to Expand Crypto Services in Europe

BingX EU MEGE zweite GmbH has obtained a MiCA license from Austria's FMA, allowing it to offer regulated crypto services across 29 EEA countries.

user avatarMohamed Farouk

Zcash Faces 11% Decline Amid Growing Market Concerns

Zcash has experienced an 11% decline in the past 24 hours, raising concerns about market stability and the impact of AI on cryptography.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.