Jobs are more than 25 %, with merchants' reaction to many major developments

The Solana -based Exchange Exchange has seen its headquarters, increasing the original distinctive symbol to more than 25 % as merchants' reaction to many major ads was.

When writing, Jupiter (JuPPIt was an increase on the day of $ 1.25 after it came out at 0.9449 dollars earlier in the day. Today's rally is the best winner, with the maximum market of more than $ 2.03 billion.

The original symbol of the stock exchange formed consecutive green candles in a high -sized trading environment where the main ecosystem updates were announced at its first event ever, Catstanbul 2025.

Why does Job rise?

During the event that was held during the weekend, Jupiter burned 3 billion 3.6 billion dollars in current prices. The burning symbols represent 30 % of the total display.

In addition, M who, the pseudonym for exchange, Declare Plans to allocate 50 % of the fees created on the platform will be used to buy JUP codes again and lock them in a long -term reserve.

these Mechanisms Reducing the total offer from the distinctive symbols in the blood circulation, which creates a scarcity that can increase the value of the symbol with an increased demand.

last Ads This investor interest was details about the expansion plans for its OMNICHAIN ​​network, which collects liquidity across multiple groups in the notebook of Professor Al -Lalamzi. Job is expected to play a major role in JuPNet, thus enhancing its benefit.

The last JuP gathering was also supported by its increasing emergence in the Defi sector. the The total size is closed Inside the protocol, it rose steadily over the past week and more than 21 % rose since January 14 to 2.87 billion dollars at the time of the press.

Meanwhile, Defi trading from more than $ 415 million on January 24 to $ 1.48 billion jumped on Monday, reflecting the investor interest.

Altcoin has also become the most common symbol Smart money In the last 24 hours. (see below)

The demand from derived merchants has also grown over the past two days, according to data from Coinglass, with an open interest in the future JuP market reaching its highest level of $ 363.92 million yesterday.

Job prices analysis

Jobs are more than 25 % with merchants' reaction to many major developments - 1
Job price, 50 days and 200 days EMA Chart-28 January source: Crypto.News

On the daily chart, the JuP price remains higher than the average movement for 50 days and 200 days, with the Luxor MA that is preparing to cross the longest, which may lead to the formation of a golden cross. If this intersection is confirmed, it may indicate a continuation of the bullish direction, as the bulls control the market.

Jobs are more than 25 % with traders' reaction to many major developments - 2
JuP Macd and PPO Chart - January 28 | source: Crypto.News

MacD and PRICE OSGILATOR lines are also directed to the top when writing. This means that the purchase pressure on Altcoin is increasing, which may fuel its continuous gathering.

Based on these indicators, JUP can continue to re -test $ 1.41, its highest point from December last year. The rest over this level can pave the way to move to the highest level ever at $ 2, which represents a 40 % increase from the current price level.

At the time of the press, JUP was exchanged hands at $ 1.18 per currency.



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