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Jupiter

JUP#85 by market cap

Not covered. The criterion it missed: no homepage listed.

Hot: funding, etf or institution

Jupiter is for trading without a middleman. We have not written its record yet, so its promises are not checked. It trades at $0.2333, #84 of all coins by size, 88% below its highest ever price.

This week in the news: ETF or institution, funding.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. Biggest of 8 DEX aggregators. 1 reason to be careful.

Is it real?

3 of 4tests passeda real job, real backing, something ahead, room to grow
1named backersGMCI Index
2 yearson the marketsince 31 January 2024
136.92Kpeople watch iton CoinGecko lists

Reasons to be careful:Half the supply still to come

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3 of 4

  • A real-world jobReal-world purpose: trading without a middleman
  • Real backingBacking: in the GMCI Index; trades on Coinbase, Crypto.com, Kraken
  • Something aheadAhead: news this month about partnership, tokenization, upgrade
  • Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.

In the GMCI Index

  • Origin31 January 2024about about 2 yearsTagged Made in USA on CoinGeckoGitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingIn the GMCI IndexListed on Coinbase, Crypto.com, Kraken, Binance
  • Standing on the recordNo recordNo dated promise to judge yet44 headlines last month, 5 about government136,919 people keep it on a CoinGecko watchlistNo corrections needed so far

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#1of 8 DEX aggregatorsthe typical one is worth $19.62M
$774.17Mworth todayprice × coins out
$19.62Mthe typical rival is worthDex Aggregator
$128.32Mthe next biggest is worth1INCH
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Trading without a middleman

121 coins tagged Decentralized Exchange (DEX), worth $32.69B together. #6 of 121 by worth.

Dex Aggregator: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Jupiter$774.17Mthis coin−1.1%33% outno record
  • 1INCH$128.32M6.0× smaller, −$645.85M−2.0%, gap −0.994% outnone dated
  • SWFTCOIN$24.49M31.6× smaller, −$749.68M+0.4%, gap +1.5100% outno record
  • HOME$22.46M34.5× smaller, −$751.7M−4.5%, gap −3.443% outno record
  • Cetus Protocol$19.62M39.5× smaller, −$754.55M−4.6%, gap −3.596% outno record
  • Definitive$17.29M44.8× smaller, −$756.88M−3.1%, gap −2.026% outno record
  • JOE$13.46M57.5× smaller, −$760.71M−3.6%, gap −2.491% outno record
  • Dolomite$12.21M63.4× smaller, −$761.96M−2.4%, gap −1.351% outno record
Same job, different how

Dex Aggregator: this coin next to 1INCH, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Jupiter says
Jupiter is a cryptocurrency exchange platform on the Solana blockchain, offering features such as token swapping, limit orders, dollar-cost averaging.
1INCH says
1inch says it offers decentralized finance tools where users keep control of their own funds.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Jupiter is a cryptocurrency exchange platform on the Solana blockchain, offering features such as token swapping, limit orders, dollar-cost averaging, and a bridge for asset transfers to Solana. It provides users with tools to find the best trading prices and includes a beta version for perpetual futures trading.

Problem it says it solves: trading without a middleman. 121 coins are working on it and together they are worth $32,689,035,928. This coin is 2% of that.

Where it trades: Coinbase, Crypto.com, Kraken, Binance, OKX

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

1 reason to be careful

  • Half the supply still to come67% of the maximum supply is still to come
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Printed the same way as the reasons for: facts from the record, the tags and the market feed. Never a verdict, never the word sell.

The homework: the coin itself, the news, the record

The coin itself

$0.2333price of one−1.1% today
88%below its highest ever$2 on 31 January 2024
33%of the supply is out3.32B coins
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The last 7 days

7 days ago: $0.2451now: $0.2333 (−4.6%)

Where today sits against its highest ever price

$0.2333

Highest ever: $2.00 on 31 January 2024. Today is 12% of that.

33%

of all JUP that will ever exist is already out in public hands: 3.32B coins.

67% (6.68B coins) is not yet created or held by the project. That is a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Perks on its own exchange

Fee discounts and access on the exchange that issued it. Its demand follows that exchange.

  • Fee discounts and access on the exchange that issued it
$0.2333price of one
×
3.32Bcoins out
=
$774.17Mworth today, #84 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 33%of the maximum supply is in circulation: 3.32B of 10B.
  • 6.68Bcoins still to be released, 67% of the maximum. Releases can add selling pressure.
  • 2.1×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 12%of its all-time high of $2.00 on 31 January 2024. That is −88.3% from the top.
  • #84by market cap, $774,166,785.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

44headlines, last monththat name this coin
5about governmentregulation, courts, central banks
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Headlines per day, last 30 days

44 headlines named this coin in the last month.

What they were about

  • Upgrade9
  • Price7
  • Treasury5
  • Tokenization5
  • Stablecoin4
  • Whales2
  • ETF1
  • Partnership1
In the news
What people are talking about, last month:

44 headlines in the last month.

Headlines are the publishers' own. News is never placed next to price.

The record itself

Not covered. The criterion it missed: no homepage listed.

Pages savednot yetno roadmap page found
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy