Jupiter ($JUP) Crypto Forecast: Down 5.1% Today

What is Jupiter?

Jupiter (JUP) is a cryptocurrency token known for its innovative blockchain technology and decentralized applications. The overall cryptocurrency market has been volatile today, with some assets experiencing bearish movements.

Why is Jupiter going down?

JUP crypto is down 5.1% on Jan 13, 2025 6:57

• The bearish movement in JUP could be attributed to the launch of Raydium's new perpetual futures trading platform on Solana, which might have diverted some trading volume and market share away from Jupiter.
• Consideration of nearly 40 altcoins for investment products may have shifted investor focus away from JUP, leading to a decrease in demand and subsequent price drop.
• The overall market sentiment and uncertainty surrounding the top crypto catalysts to watch this week could have also contributed to the bearish movement in JUP as investors may have been more cautious and risk-averse, leading to sell-offs in various cryptocurrencies, including Jupiter.

JUP Price Chart

JUP Technical Analysis

JUP News

Grayscale Reveals Nearly 40 Altcoins For Investment Consideration

Grayscale Reveals Nearly 40 Altcoins For Investment Consideration

https://beincrypto.com/grayscale-announces-new-investible-digital-assets/

Can Raydium’s New Perps Platform Siphon Market Share From Jupiter, Drift?

Can Raydium’s New Perps Platform Siphon Market Share From Jupiter, Drift?

https://solanafloor.com/news/can-raydiums-new-perps-platform-siphon-market-share-jupiter-drift

Grayscale Considers New Digital Assets for Investment Products

Grayscale Considers New Digital Assets for Investment Products

https://www.binance.com/en/square/post/01-10-2025-grayscale-considers-new-digital-assets-for-investment-products-18742696740250?utm_source=BinanceNewsRSS

Raydium launches perpetual futures trading on Solana

Raydium launches perpetual futures trading on Solana

https://cryptobriefing.com/raydium-perpetual-futures-solana/

This Week’s Top Crypto Catalysts: What Investors Need To Watch

This Week’s Top Crypto Catalysts: What Investors Need To Watch

https://www.newsbtc.com/news/this-week-top-crypto-catalysts/

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Jupiter ($JUP) Crypto Forecast: Down 5.1% Today

Jupiter Price History

07.00.2025 - JUP Crypto was down 6.5%

• The bearish movement in JUP today could be attributed to profit-taking by traders who may have bought in anticipation of the upcoming airdrop.
• Despite the positive news of the airdrop, the market sentiment might have shifted due to overall market conditions or potential sell-offs.
• Investors might be cautious about the impact of the airdrop on JUP's price, leading to a temporary dip in value as uncertainty looms.
• It's essential for traders to stay updated on developments surrounding the airdrop and broader market trends to make informed decisions regarding JUP.

13.00.2025 - JUP Crypto was down 5.1%

• The bearish movement in JUP could be attributed to the launch of Raydium's new perpetual futures trading platform on Solana, which might have diverted some trading volume and market share away from Jupiter.
• Consideration of nearly 40 altcoins for investment products may have shifted investor focus away from JUP, leading to a decrease in demand and subsequent price drop.
• The overall market sentiment and uncertainty surrounding the top crypto catalysts to watch this week could have also contributed to the bearish movement in JUP as investors may have been more cautious and risk-averse, leading to sell-offs in various cryptocurrencies, including Jupiter.

28.11.2024 - JUP Crypto was down 6.0%

• The bearish movement in JUP today could be attributed to profit-taking by investors who participated in the recent airdrop events, leading to a temporary oversupply of tokens in the market.
• Despite the excitement surrounding the $580 million and 700 million JUP token airdrops, the market may have reacted negatively due to concerns about dilution of value and potential sell-offs post-airdrop.
• The "Jupuary" airdrop event, while generating buzz, might have also created uncertainty among traders, causing some to sell off their holdings in anticipation of market fluctuations.
• Overall, the bearish movement in JUP today could be a result of a combination of profit-taking, market speculation, and investor sentiment following the recent airdrop announcements.

31.11.2024 - JUP Crypto was up 5.2%

• JUP's price surge today may be linked to its listing in Grayscale's high potential tokens for Q1 2025, alongside HYPE, VIRTUAL, and ENA.
• Grayscale's recognition of JUP as a top pick for the next quarter likely played a role in increasing investor trust and interest in the token.
• The market's response to JUP's inclusion in Grayscale's list indicates a rising optimism and bullish sentiment towards the cryptocurrency, leading to an upward movement in its price.

10.11.2024 - JUP Crypto was down 18.0%

• The bearish movement in JUP's price could be attributed to profit-taking by investors who received a significant amount of JUP tokens through the airdrop programs.
• Despite the positive news of airdropping $860 million and $1.4 billion in JUP tokens to loyal community voters, the market may have reacted negatively due to concerns about potential oversupply and selling pressure.
• The failed $1.7 billion vote for airdrops and the subsequent approval for airdrops might have created uncertainty and volatility in the JUP market, leading to the bearish movement.
• The innovative feature of iCloud backup for wallet safety, while positive for the project's long-term growth, may not have been sufficient to offset the selling pressure from airdrop recipients.

13.11.2024 - JUP Crypto was down 6.3%

• Despite positive news about an upcoming airdrop of $860 million in JUP tokens to loyal community voters, JUP experienced a bearish movement today.
• The market sentiment towards JUP could have been affected by the overall cryptocurrency market performance and profit-taking behavior from traders.
• The recent price surge and potential breakout of Solana at key resistance levels may have momentarily shifted attention and investment away from JUP.
• There are concerns among investors regarding JUP's potential for price recovery, with discussions on the altcoin's prediction for regaining its losses.

26.11.2024 - JUP Crypto was down 7.4%

• The bearish movement in JUP could be attributed to profit-taking by traders who received the airdropped tokens, leading to an oversupply in the market.
• The announcement of a large airdrop could have created a sense of uncertainty and volatility among investors, causing some to sell off their holdings.
• The market may have reacted negatively to the news, possibly due to concerns about the dilution of value with such a significant amount of tokens being distributed for free.
• Overall, the bearish movement in JUP today could be a result of the airdrop news triggering a sell-off and impacting the token's price negatively in the short term.

11.11.2024 - JUP Crypto was up 5.1%

• The bullish movement of JUP could be attributed to the announcement of an upcoming airdrop of $860 million in JUP tokens to loyal community voters, creating excitement and driving up demand for the token.
• The positive sentiment surrounding JUP was further boosted by the approval for airdrops after a previous vote failed, indicating a renewed interest and confidence in the project.
• The anticipation of receiving a significant amount of JUP tokens through airdrops likely attracted more investors to the token, contributing to its bullish price movement.

09.11.2024 - JUP Crypto was down 25.7%

• The bearish movement in JUP today could be attributed to profit-taking by traders who may have accumulated positions in anticipation of the airdrops.
• Despite the positive news of airdropping significant amounts of JUP tokens to loyal community voters, the market may have reacted negatively due to concerns about dilution of existing token value.
• The announcement of revolutionizing wallet safety with an iCloud backup feature may not have been substantial enough to offset the selling pressure on the token.
• The surge in another cryptocurrency, Hyperliquid, being dubbed as an "Ethereum Killer" and experiencing significant gains could have diverted attention and capital away from JUP, contributing to its bearish movement.

17.11.2024 - JUP Crypto was down 5.5%

• Despite optimistic speculation around Solana's potential price surge, JUP is encountering obstacles in regaining its previous value.
• The market's focus on airdrops may be diminishing interest in JUP, resulting in a negative impact on its value.
• Investor wariness regarding the altcoin market as a whole could contribute to skepticism regarding JUP's recovery in the short term.
• The decline in JUP's value may also be linked to traders cashing in on profits following a recent increase in its price.

09.00.2025 - JUP Crypto was down 5.0%

• The bearish movement in JUP today could be attributed to profit-taking by investors after a period of bullish momentum.
• The launch of perpetual futures trading on Solana by Raydium may have diverted some trading activity away from JUP, impacting its price negatively.
• Despite the upcoming 700 million JUP token airdrop announced by Jupiter Exchange, investors might be selling off their holdings in anticipation of the event, leading to the bearish movement.
• The overall market sentiment towards cryptocurrencies this week might have influenced traders to take a cautious approach, contributing to the downward pressure on JUP.

27.11.2024 - JUP Crypto was down 5.5%

• The bearish movement in JUP may be linked to profit-taking by investors who received the JUP airdrop, resulting in an oversupply of the token.
• The announcement of a significant airdrop of 700M $JUP by Jupiter Exchange likely sparked excitement initially but ended in a sell-off as investors sought to capitalize on the airdropped tokens.
• The market sentiment towards JUP appears to have turned bearish as the airdrop news did not maintain a positive momentum, leading to downward pressure on the token's price.
• The increased availability of free tokens from the airdrop may have diluted the value of existing JUP holdings, prompting traders to divest their positions and contributing to the bearish movement in the market.