Jupiter (JUP) is poised for significant developments as it plans a DAO vote to burn 121 million tokens, representing 3.8% of its total supply. This move aims to enhance governance efficiency. Additionally, Jupiter is set to integrate tokenized stocks from Apple and Tesla through Superstate and Backpack Exchange, marking its expansion into real-world assets.
These strategic initiatives could propel JUP's price to $0.40 in the short term, with potential to reach $0.50 to $0.55 if both catalysts align successfully. Jupiter has demonstrated resilience, processing $2.34 billion in DEX volume and $4.49 billion in perpetuals amid Solana's liquidity crisis, underscoring its robust market performance.
Jupiter (JUP) Eyes Price Surge with DAO Burn and Tokenized Stocks
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