Jambo (J) Rallies 56% as Airdrop Claim Ends Today

Jambo (J), a Web3 mobile infrastructure provider, has experienced a remarkable surge of over 56% in the last 24 hours, making it one of the most attractive crypto assets in the market today. The significant increase coincides with the conclusion of its airdrop claim, fueling excitement around the token.

To encourage early adoption and active participation within its ecosystem, Jambo began earlier this year distributing 100 million J tokens, representing 10% of the total supply, to a diverse group of participants. 

The airdrop was designed to reward core users and the vibrant Solana community. Eligible participants, including loyal JamboPhone users and active JamboApp users, could claim their share of the tokens. 

The event kicked off on January 22, 2025, and ended on February 21, 2025, creating a buzz that attracted both experienced and new investors. As participants finalize their claims, J becomes more distributed within the market, enhancing liquidity and investor interest.

Jambo (J) Rallies by 56%

According to CoinGecko data, Jambo’s J is exchanging hands at $0.2931, representing an uptrend of over 65% in the last 24 hours. The token has been consistently green in the past 14 days, which signals a consistent rise in market activity. 

Over the last week, J has recorded a price increase of 52.60%, significantly outperforming the global cryptocurrency market, which is up by a slight 0.50%. Despite this positive momentum, the asset is still 65.61% down from its January 2025 all-time high of $0.9105. 

With a market cap of $41.1 million and a fully diluted valuation exceeding $316 million, the asset has a maximum supply of 1 billion tokens, with 130 million already in circulation. 

Currently, Jambo tokens are tradeable across several centralized cryptocurrency exchanges. One of the most active platforms is OKX, which has seen significant trading volume recently. The token is also available for trading on other popular platforms, including Bybit, KuCoin, and MEXC. 

Meanwhile, Jambo has plans for those who missed this airdrop. The platform has indicated its intention to hold future token distributions aimed explicitly at new JamboPhone users. 

Overall, the success of this airdrop and the anticipation of an upcoming airdrop could pave the way for future contract campaigns to expand Jambo’s user base and ecosystem further. It also highlights the platform’s potential for growth in the rapidly evolving crypto landscape. 

A Glance at Jambo

Jambo is an on-chain mobile network blockchain project that aims to build the world’s first mobile-focused decentralized network servicing the emerging markets of Africa, Southeast Asia, and Latin America. 

Built primarily on the Solana blockchain, Jambo focuses on expanding access to decentralized Finance (DeFi) and Web3 applications, particularly in emerging markets.

According to the project, its goal is to provide users with an accessible hardware platform that lowers the barriers to participation and provides people with internet connectivity that will unlock new on-chain opportunities.

Central to Jambo’s ecosystem is the JamboPhone, a crypto-native smartphone designed to provide users with a seamless introduction to the blockchain world. The device has applications for earning rewards, trading cryptocurrencies, and engaging in blockchain-based gaming and finance. The JamboPhone was introduced in 2024, while its native token, J, was launched in early January 2025.

Furthermore, Jambo has secured backing from popular institutions, including Paradigm, Pantera, Coinbase, OKX Ventures, and more, strengthening its vision of promoting Web3 adoption in underserved markets. The platform is currently available in over 126 countries and has more than 9 million wallet addresses. 

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