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Jupiter’s Meow Teases Jupuary Relaunch, Voting Set for Coming Weeks

2d ago
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Solana DEX Jupiter Unveils Key System Developments, JUP Price Recovery Ahead?

Jupiter co-founder Meow recently addressed netizen questions about the potential relaunch of Jupuary, emphasizing the need for community-driven decision-making and hinting at significant changes to the initiative’s design. As the community prepares for a pivotal vote in the coming weeks, the history and objectives of Jupuary provide important context for understanding its potential future.

Meow’s Insights and the Upcoming Vote

In a recent response to netizen inquiries about the potential relaunch of Jupuary, Meow, co-founder of Jupiter, provided some intriguing insights. When asked, “When will Jupuary be launched again?” Meow stated, “I’m happy, but in the end, Jupuary needs to become a community-driven plan, not for me. Willingness. The voting will take place in the next few weeks.”

Meow emphasized the importance of community involvement in the decision-making process for Jupuary’s future. This indicates a shift towards a more decentralized approach, where the community’s voice will play a crucial role. He also hinted at significant changes if Jupuary were to relaunch, noting, “If Jupuary is launched again, its design will be very different from the first time, which is necessary.”

The voting process, set to take place in the coming weeks, will be a pivotal moment for the Jupiter community. This move towards community-driven planning reflects Jupiter’s commitment to engaging its user base and evolving its initiatives based on collective input.

The potential redesign of Jupuary suggests that lessons learned from its initial launch will inform a more refined and responsive version, should the community decide to proceed. This section will explore the details of Meow’s statements, the significance of the upcoming vote, and the expected changes to Jupuary.

Also Read: Ethereum Network to Get Major Boost With SSF Roadmap, Says Vitalik Buterin

Current Performance of Jupiter (JUP)

On the bright side for Jupiter, the price of JUP has been rallying. At the time of writing, the price of Jupiter (JUP) is $0.8294 with a 24-hour trading volume of $92.2 million. Notably, the open interest of Jupiter (JUP) has surged by 7.89% in the past 24 hours, reaching a valuation of $38.4 million. This surge in open interest reflects growing investor confidence and heightened market activity around JUP.

Additionally, the current price of the coin has depicted a 6.37% price increase in the last 24 hours and a 16.23% price increase in the past 7 days. With a circulating supply of 1.4 billion JUP, Jupiter is valued at a market cap of BTC 17,689.8180. This section will analyze the recent performance of JUP, providing insights into the factors driving its price increase and the broader market implications for Jupiter and its community.

Also Read: Bitcoin Recovers To $63K, Altcoin Market Soars

The post Jupiter’s Meow Teases Jupuary Relaunch, Voting Set for Coming Weeks appeared first on CoinGape.

2d ago
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