- Token
- Jupiter
- Your angle
- Long-term holder
- Market data Jupiter✓
- Calculator 1940000000 / 4340000000✓
- Calculator 88000000 / 1940000000✓
- Calculator 0.62 / 2 - 1✓
Verdict
Jupiter is a real, liquid market, but only 45% of its fully diluted supply is circulating. As a long-term hold, the question isn't the price today, it's who receives the other 55% and when.
The numbers
| JUP | |
|---|---|
| Price | $0.62 (−2.1% 24h, +6.4% 7d) |
| Market cap | $1.9B (rank #92) |
| Fully diluted value | $4.3B |
| Circulating share of FDV | 44.7% |
| 24h volume | $88M (4.5% of cap) |
| From all-time high | −69% (high $2.00) |
Supply
44.7% of the supply is circulating. The rest is worth $2.4B at today's price, more than everything trading now. That is heavy future supply (rule of thumb: under 50% circulating); every unlock is a seller you can see coming.
For and against
- For: 4.5% daily turnover, a market you can enter and exit without moving it.
- For: held a +6.4% week, and sits −69% from its high, so a lot of the hype has been priced out.
- Against: $2.4B of supply still to arrive.
- Against: nothing here says how value reaches the token holder.
Before you buy
- When are the next three unlocks, how large is each, and who receives them?
- Does any protocol revenue reach holders, or is the token governance only?
- What share of supply sits with the team, investors and treasury combined?
- How much of the $88M daily volume is on venues you can actually use?
- What would make you sell, decided now, before you own it?