Jupiter co-founder Cash announced a new ICO platform set to launch in November 2025 to facilitate token issuance and enhance opportunities for JUP holders.
Jupiter co-founder Cash announced a new ICO platform set to launch in November 2025 to facilitate token issuance and enhance opportunities for JUP holders.
Jupiter co-founder Cash announced a new ICO platform set to launch in November 2025 to facilitate token issuance and enhance opportunities for JUP holders.
This initiative could influence JUP market dynamics and user engagement in the crypto sector, with the first token set for release mid-November.
Jupiter’s co-founder Cash has officially revealed the creation of a new ICO platform. The platform, aiming for a November 2025 launch, intends to support token issuance and provide additional profit opportunities for JUP holders. Although the platform’s name remains undisclosed, it signals a significant step in broadening Jupiter’s ecosystem.
The development echoes similar initiatives within Solana’s DeFi framework, such as Solanium and Starlaunch, previously boosting user engagement and trading volumes. The initial token issuance is slated for mid-November, with a focus on engaging JUP holders, promising broader financial potential within the community.
highlight anticipation over the project’s implications within the DeFi sector. Kashmir Dhanda, a core contributor, noted in a forum post that efforts in 2025 will center on growth through innovative projects, including the ICO platform.
“The first token launch is set for mid-November, and we aim to provide more profit opportunities for JUP holders.” – Cash, Co-founder, Jupiter
Did you know? The planned ICO platform launch mirrors past patterns in DeFi, where new launchpads significantly spiked governance tokens’ trading volumes and liquidity influx, historically amplifying market dynamics and speculative interest.
According to CoinMarketCap, Jupiter (JUP) trades at $0.36, boasting a market cap of $1.15 billion, with market dominance at 0.03%. The circulating supply stands at approximately 3.17 billion JUP out of a max supply of 7 billion. Recent price adjustments exhibit a 2.25% 24-hour increase, though longer-term changes indicate declines, with a 34.40% decrease over 90 days, reflecting market volatility. The 24-hour trading volume is about $36.84 million, slightly down by 1.36%.
The ICO platform may reinforce Jupiter’s position within the DeFi space, potentially boosting liquidity and market engagement. The focus on combining advanced financial instruments with incentivized user participation could adjust market dynamics, encouraging greater community and institutional involvement.
Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.
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