Jupiter to Launch JUP Token and Meme Coin on Solana

Nearly one million wallets will receive an airdrop of the governance token, with Jupiter handling about 65% of Solana's DEX volume.

Jupiter, a liquidity aggregator on Solana, is set to launch its native JUP token on January 31.
The token launch will include an airdrop to nearly one million crypto wallets.
Jupiter handles about 65% of Solana DEX volume, peaking at $16 billion in November.
The token is intended to govern a future Jupiter DAO, with half the tokens given to the Jupiter community and half managed by the team.
Jupiter will also launch a meme coin next week as a test for its new launch platform.