The cryptocurrency market is still somewhat volatile, with well-known competitors like Bitcoin (BTC) fighting for supremacy and many altcoins offering ground-breaking features. One of these alternative currencies is Jupiter (JUP), a token with its own goals in decentralized finance (DeFi). Will the price of JUP, however, ever soar to $5? Even though JUP experienced difficult times, it eventually caught up and joined the cryptocurrency surge. As a result, cryptocurrency has become more interesting to traders. However, how much higher can JUP’s price go?
Overview
- The current Jupiter price is USD 0.001355, according to our real-time JUP to USD price update.
- Our Jupiter price forecast indicates that by May 10, 2024, the price of JUP might have dropped as much as -4.72%.
- According to our technical indicator research, the market feels Neutral Bearish 34% of the time, with a 64 (Greed) Fear & Greed Index score.
- Jupiter’s price volatility has been 11.00%, and there have been 16/30 (53%) green days during the past 30 days.
What is Jupiter (JUP)?
JUP is the native coin of Jupiter, a sophisticated swap aggregator built on the Solana blockchain. Jupiter serves as an aggregator to promote DeFi inside the Solana ecosystem. As a result, the platform allows users to trade in ways that are not possible on other exchanges. Limit orders, perpetual trading, and Dollar Cost Averaging (DCA) are a few of the services available on Jupiter.
| 💰 Abbreviation | JUP Coin |
| 📅 Launch Date | Januayr 2024 |
| 🗺️ Founder (s) | Meow |
| 💻 Blockchain | The Solana blockchain |
| 🏢 Protocol | – |
| 💻 What is it | Governance Token |
| 📊 Live market cap | $ 1.40B USD |
Gravity
The Gravity project’s foundation is a web development platform driven by blockchain technology. It offers a foundation for a range of decentralized apps that may take advantage of the Jupiter blockchain’s superior security. One of Gravity’s main advantages is its rapid creation and deployment speed; thanks to the framework, any user or organization may establish a dApp in a matter of minutes.
Metis
Metis is an anonymous, completely decentralized messenger based on the Jupiter blockchain. It ensures that only you and the person you’re conversing with can read every word you transmit through the app by using the well-known encryption techniques developed by the project and JSON formatting.
Fndr
Jupiter has a very secure and adaptable password manager called Fndr. It uses AES 256-bit encryption. Customers have the option to save their data in any connector, including Jupiter’s blockchain.
Leda
Leda is the project’s official NFT marketplace, named after Jupiter’s smallest moon. It provides a secure environment for producing and selling digital tokens.
Mercury (JUP) Financial Situation
The state of the JUP market now shows that the cryptocurrency is going through a correction. JUP’s price was $1.06 at the time of publication, indicating a 16.32% drop in the previous day. Like the cost, JUP’s trading volume decreased to $759.32 million.
The project had a $1.66 billion market capitalization and was rated number 62. There are 1.35 billion JUP tokens in circulation, with a maximum supply of 10 billion. To purchase JUP, you may visit Bybit, Binance, Coinbase, or OKX.
Jupiter Price Analysis
Predicting the potential worth of a cryptocurrency requires careful consideration of its price, and JUP is no exception. This chapter of Coin Edition examines several indications and the signal they provide regarding the short-term price of JUP. In addition, you would learn about pricing projections for the years 2024 through 2050.
Factors Affecting the Cost
It is well known that predicting Bitcoin values is challenging. The following variables, some internal to JUP and others external, might affect the project’s future:
JUP Ecosystem Development
The prosperity of the JUP ecosystem is crucial. If it can prove to be a useful tool within DeFi with a flourishing community and creative use cases, JUP will inevitably draw more users and maybe raise the price.
Market Sentiment
The general attitude of the cryptocurrency market greatly influences the price of any particular coin. Good market trends and widespread acceptance may cascade, increasing JUP’s worth. On the other hand, unfavorable perceptions or regulatory actions may impede JUP’s expansion.
Adoption and Use Cases
JUP gains value when adopted and utilized more frequently in the intended applications. For example, widespread usage within DeFi protocols would improve JUP’s standing.
Competitiveness
There are many rivals in the DeFi market. The secret to JUP’s success will be its ability to distinguish itself with distinctive features and a solid development team.
Exchange Listings
JUP’s accessibility and liquidity are enhanced by being listed on well-known cryptocurrency exchanges, which may favor the price.
Jupiter Historical
Jupiter’s current price is $1.14, and according to the most recent data collected, it is rated No. 62 in the overall cryptocurrency ecosystem. Jupiter’s market capitalization is 1,350,000,000 JUP, and its circulating supply is $1,537,896,173.91. The cryptocurrency’s current value has grown by $0.07 during the last day. JUP has risen nicely during the past seven days, rising by 15.01%. Jupiter has recently demonstrated significant potential; therefore, now would be an excellent time to invest.
Jupiter Price Prediction for 2024
Based on a technical analysis of projected Jupiter prices in 2024, the lowest cost of Jupiter will be $0.00118. The JUP price is limited to a maximum level of $0.00203. An average trade price of around $0.00288 is anticipated.
| Year | Average Price |
|---|---|
| May 2024 | Crypto experts project an average JUP rate of $0.00135 in May 2024, based on Jupiter’s price swings at the beginning of 2023. The Expected pricing is $0.00126 at the lowest and $0.00145 at the highest. |
| June 2024 | Cryptocurrency specialists are set to release their prediction for the JUP price in June 2024. This month, the smallest trading cost is $0.00118, and the maximum is $0.00185. Jupiter’s worth is anticipated to be around $0.00152 on average. |
| July 2024 | According to cryptocurrency researchers who have studied Jupiter’s price variations in 2023 and past years, the average JUP rate in July 2024 may be about $0.00151. At a minimum, it can fall to $0.00131. The maximum value might be $0.00171. |
| August 2024 | At this point, the average JUP price in 2023 will be $0.00171. The Jupiter value may also rise to $0.00198 in August 2024. However, it is anticipated that the price will stay below $0.00144 in August 2024. |
| September 2024 | Cryptocurrency experts are ready to reveal their estimated September 2024 trading average of $0.00181, having examined Jupiter’s prices in 2023. The lowest and highest possible JUP rates might be $0.00155 and $0.00207, respectively. |
| October 2024 | Cryptocurrency specialists predict the JUP price will reach about $0.00217 by the end of summer 2023. The cost of Jupiter may come down to $0.00186 in October 2024, and $0.00247 in October 2024 may be the anticipated peak value. |
| November 2024 | Experts in cryptocurrency forecasts predict that, based on an analysis of Jupiter pricing, the JUP rate might peak at $$0.00265 in November 2024. Nevertheless, it might fall below $0.00200. Jupiter is expected to average around $0.00233 in November 2024. |
| December 2024 | The Jupiter cost will be exchanged for an average of $0.00273 in mid-fall 2023. According to cryptocurrency specialists, the price of JUP might swing between $0.00256 and $0.00290 in December 2024. |
Jupiter Price Prediction in the Next Several Years (2025–2050)
| Year | Average Price |
| 2025 | $10 |
| 2026 | $7 |
| 2027 | $20 |
| 2028 | Proof of work |
| 2029 | $15 |
| 2030 | $27.50 |
| 2031 | $19.31 |
| 2032 | $28.06 |
| 2033 | $39.99 |
| 2040 | $38 |
| 2050 | $57 |
Jupiter (JUP) Price Prediction 2025
The price of JUP is expected to do better in 2025 than it may do in 2024, at any rate. Demand for the cryptocurrency may increase if millions of Solana addresses get another airdrop by the specified year. JUP’s price may thus reach $10 in 2025.
Jupiter (JUP) Price Prediction 2026
The cryptocurrency market may be experiencing a bear market in 2026. If this is true, there may be a decline in cryptocurrencies like JUP. Therefore, $7 is a plausible price projection for JUP in 2026.
Jupiter (JUP) Price Prediction 2027
JUP’s price forecast 2027 may be optimistic, given the possibility that the market is coming out of a negative cycle. Additionally, the Jupiter community may have expanded significantly by then. In 2027, the price of JUP may, at most, reach $13.
Jupiter (JUP) Price Prediction 2028
In 2028, JUP may cost $20. However, market players may need to continue collecting JUP for it to reach this value. If accumulation triumphs over distribution, the value of JUP can increase to $20.
Jupiter (JUP) Price Prediction 2029
JUP’s price forecast for 2029 may be negative. This is because token holders may profit from prior gains. JUP may retail for $15 by December 2029.
Jupiter (JUP) Price Prediction 2030
The price of JUP may rise once again in 2030. Forecasts from Coin Edition indicate that the token’s price may increase to $27.50 and that demand may grow.
Jupiter (JUP) Price Prediction 2031
The predictions made by cryptocurrency professionals regarding the price of Jupiter are prepared to be revealed. The highest JUP price of $21.58 will decide the year 2031. Its cost may fall to about $18.67. The anticipated average trading price, then, is $19.31.
Jupiter (JUP) Price Prediction 2032
After years of studying Jupiter’s price, crypto specialists are prepared to share their projected 2032 JUP pricing. At least $27.29 will be exchanged for it, with a potential top price of $32.87. Thus, the JUP price will, on average, be around $28.06 in 2032.
Jupiter (JUP) Price Prediction 2033
Analysts covering cryptocurrencies are prepared to provide their predictions for Jupiter’s price. 2033 is the year that the maximum JUP price of $47.87 will be decided. That rate might fall to about $38.59. Therefore, $39.99 is the anticipated average trading price.
Jupiter (JUP) Price Prediction 2040
JUP may surpass $38 in price by 2040. Jupiter must have had a sizable user base by now, and the popularity of cryptocurrencies may have surged. Thus, there is a possible rise in price.
Jupiter (JUP) Price Prediction 2050
Many players could anticipate that JUP would reach triple digits in 2050. That may not be the case, though. That does not imply that the price would not increase, though; it may end at $57.
It’s a Forecast, not a Guarantee
Always keep in mind that these price projections are just that—predictions. Unforeseen events have the potential to drastically change JUP’s direction, given the inherent volatility of the cryptocurrency market. Some more things to think about are as follows:
Perform an Independent Study (DYOR): It is crucial to conduct an in-depth study before purchasing any cryptocurrency, including JUP. Recognize the project’s schedule, the team’s experience, and any hazards. Don’t depend on projected prices alone.
Don’t Invest More Than You Can Lose: The Bitcoin market is just speculation. Never invest out of FOMO (fear of missing out); only make investments you can afford to lose.
Diversify Your Portfolio: Spread your investment among various cryptocurrencies to lower risk.
FAQs
1. Is it wise to invest in Jupiter?
Jupiter, like many other cryptocurrencies with a small market capitalization, is an extremely risky yet highly profitable investment. JUP may be a wise purchase if you have faith in the Jupiter team and feel that it would complement your holdings.
2. What is a cryptocurrency on Jupiter?
The cryptocurrency Jupiter (JUP) is part of the Jupiter platform, a blockchain-based initiative that enables users to create and oversee safe, decentralized apps. Its blockchain is home to the Fndr, Metis, and Leda projects.
3. When was the Jupiter coin released?
2016 saw the introduction of the JUP currency and the platform to which it belonged.
4. Is Jupiter something I can purchase?
Jupiter coin is available for purchase on our decentralized exchange. Regretfully, Jupiter, the planet, is not for sale.
From this price forecast, we may deduce that JUP has a strong chance of outperforming the market. But it’s also critical to note that a retreat may happen along the way when prices rise. As a result, purchasing the token on the open market may be preferable to utilizing leverage. In addition to potential corrections, there might be high market volatility, which could wipe out your investments.
