Jupiter native token JUP, whose airdrop and stock exchange listing has been eagerly awaited for a long time, finally made its airdrop on Wednesday, January 31.
JUP, which was listed on many exchanges such as Binance with the airdrop, rose to $2 after the airdrop.
However, JUP experienced a huge sales wave afterwards and is around $0.60, with a decrease of approximately 70%.
While investors who received airdrops were selling, a 17-year-old young investor announced that he was a millionaire.
At this point, the 17-year-old investor shared his JUP strategy in a 12-minute video while announcing that he earned $ 1,000,000 from the JUP airdrop.
“I'm focused on actively using all of Jupiter's tools. It's all about being smart about your movements on the platform.
I invested time and resources into this before I made $1 million from the airdrop.
I use all five aspects of Jupiter every morning. Increasing my chances of high allocation in the coming rounds has become part of my daily strategy.
I have traded continuously, but continuous trading is complicated and risky. I would only recommend this if you are experienced in trading.”
Solana-based Jupiter (JUP) distributed 1 billion JUP tokens on January 31, according to its airdrop program. It was stated that this distribution is the first round of its broader strategy to distribute 40% of the total JUP supply to the community in four rounds.
*This is not investment advice.