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Bitcoin's All-Time High: Adjusting for Inflation

Bitcoin's All-Time High: A Perspective on Inflation Adjustments As Bitcoin inches closer to its all-time high, the cryptocurrency landscape is buzzing with discussions about whether its previous peak should be adjusted for inflation. With the U.S. Bureau of Labor Statistics' Consumer Price Index (CPI) inflation calculator suggesting a revised target of approximately $75,000, the debate intensifies. This adjustment isn't merely academic; it reflects the evolving role of Bitcoin in the financial ecosystem, especially as it vies for status as a serious inflation hedge. Understanding the All-Time High Previous Peak : Bitcoin reached an all-time high of nearly $69,000 in November 2021. Inflation Adjustment : Adjusting for inflation brings the real target closer to $75,000, emphasizing the need to consider economic conditions over time. Bitcoin as an Inflation Hedge Despite the volatility associated with Bitcoin, it continues to be regarded as a potential safeguard a

Jupiter's Token Airdrop: Exciting Updates and Launch Details

The Jupiter team has provided an update on the launch of their token airdrop, narrowing down the window for its release. According to a tweet from pseudonymous founder Meow, the airdrop is now expected to take place during the last week of January, following additional preparations in what they have playfully dubbed "Jupuary." Meow also mentioned that launch day is likely to be in the fourth week of Jupuary, indicating the team's commitment to working together to make it a success.

Preparations for the launch are still ongoing, with the team needing to communicate more about the event and establish early infrastructure, including liquidity pools and minting functionality. They also emphasized the importance of ensuring that all eligible users can claim their JUP tokens, stating that no one should be left behind. This dedication to inclusivity is commendable and demonstrates their commitment to creating a fair and accessible platform for all users.

The planned launch will come after three weeks of finalizing details with the community, indicating that the team has been actively engaging with their users to gather feedback and make necessary adjustments. This collaborative approach is crucial in building a strong and supportive community, and it is encouraging to see Jupiter embracing it.

In November, Jupiter announced that nearly a million Solana wallets would be eligible for the JUP airdrop. To provide transparency and allow users to check their allocations, the team launched an allocation check website in early December. However, users will have to wait until the actual airdrop begins later this month to claim their tokens.

The airdrop will consist of a total of 4 billion JUP tokens, which represents 40% of the total supply. These tokens will be distributed across four drops, with the initial wave consisting of 1 billion tokens. The allocation of tokens is based on various factors, including users' trading volume on the aggregator and their frequency of platform usage.

In conclusion, the Jupiter team is diligently working towards the launch of their token airdrop, with plans to make it a collaborative and inclusive event. The narrowed window for the airdrop's release indicates progress and commitment from the team. Users can look forward to claiming their JUP tokens later this month and being a part of Jupiter's growing community.

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