{"id":375571,"date":"2025-02-26T16:50:07","date_gmt":"2025-02-26T11:20:07","guid":{"rendered":"https:\/\/dripp.zone\/news\/jupiter-can-a-5m-buyback-push-jup-back-to-1-40-crypto-news\/"},"modified":"2025-02-26T16:54:14","modified_gmt":"2025-02-26T11:24:14","slug":"jupiter-can-a-5m-buyback-push-jup-back-to-1-40-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/jupiter-can-a-5m-buyback-push-jup-back-to-1-40-crypto-news\/","title":{"rendered":"Jupiter: Can a 5M buyback push JUP back to $1.40? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"single-post-author\">\n<div class=\"single-post-author-top\">\n<p>Journalist<\/p>\n<\/p><\/div>\n<p>\t\t\t\t\t\t\t\t\t\t<span class=\"mvp-post-date updated\">Posted: <time class=\"post-date updated\" itemprop=\"datePublished\" datetime=\"2025-02-26\">February 26, 2025<\/time><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t<meta itemprop=\"dateModified\" content=\"2025-02-26 1:40 pm\"\/><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<ul>\n<li><em><span style=\"font-weight: 400;\">Jupiter Exchange buybacks have begun, with nearly 5 million JUP being bought back from protocol fees.<\/span><\/em><\/li>\n<li><span style=\"font-weight: 400;\"><em>The buybacks are happening at a support level of $0.70 and the price could trade back to its December 2024 high of $1.40<\/em>.<\/span><\/li>\n<\/ul>\n<p>In the past 24 hours, <span class=\"s2\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/jupiter-exchange-solana-price-prediction\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Jupiter [JUP]<\/a><\/span> surged ahead of Pump.fun in revenue generation, with Jupiter logging $2.73 million compared to Pump.fun\u2019s $2.42 million.<\/p>\n<p><span style=\"font-weight: 400;\">This shift indicated a change in platform preference among users, possibly driven by distinct features or user incentives on Jupiter. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Jupiter Exchange used protocol fees to buy back nearly five million JUP tokens in just 20 hours during the ongoing market dip. <\/span><span style=\"font-weight: 400;\">This significant buyback, derived from protocol fees, is a bold bet on the token\u2019s future amidst a challenging market environment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The recent spike in buybacks could hint at a bullish scenario for JUP. It might reduce the circulating supply, potentially driving up the token\u2019s price if demand remains steady or increases.<\/span><\/p>\n<div id=\"attachment_470381\" style=\"width: 1281px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-470381\" class=\"wp-image-470381 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"JUP\" width=\"1271\" height=\"520\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE.jpg 1271w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE-300x123.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE-1024x419.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE-768x314.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE-1200x491.jpg 1200w\" data-lazy-sizes=\"(max-width: 1271px) 100vw, 1271px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-470381\" class=\"wp-image-470381 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE.jpg\" alt=\"JUP\" width=\"1271\" height=\"520\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE.jpg 1271w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE-300x123.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE-1024x419.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE-768x314.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Gkqe2VAbkAAMCbE-1200x491.jpg 1200w\" sizes=\"auto, (max-width: 1271px) 100vw, 1271px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-470381\" class=\"wp-caption-text\">Source: Flipside<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">If the broader market continues to struggle, the increased buyback might not uplift the token\u2019s value substantially. Investors should watch the exchange\u2019s next moves carefully.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If Jupiter continues to buy back JUP aggressively, it might reinforce confidence in the token and attract more investors. However, if Jupiter fails to sustain this buyback momentum, the token price could falter, especially if the market dip deepens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This strategic play by Jupiter might set a precedent for how exchanges can leverage buybacks to manage token economics proactively.<\/span><\/p>\n<h2><strong>How will JUP\u2019s price action react?<\/strong><\/h2>\n<p>Looking at JUP\u2019s price action, the executed buybacks at the crucial support level of $0.70 amidst the wider market\u2019s downturn cement the significance of this zone.<\/p>\n<p>This strategic maneuver is not just a bet on JUP\u2019s immediate recovery but also sets the stage for a potential rebound to its December 2024 highs of around $1.40.<\/p>\n<p>The JUP\/USDT pair, after tumbling from those peaks, found a steady base at $0.70, as indicated by the recent stabilization. The buybacks could contract the circulating supply, creating upward pressure on prices if the market sentiment shifts positively.<\/p>\n<div id=\"attachment_470383\" style=\"width: 1149px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GkpeMx7WcAAd0m7.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-470383\" class=\"wp-image-470383 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"JUP\" width=\"1139\" height=\"765\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GkpeMx7WcAAd0m7.jpg 1139w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GkpeMx7WcAAd0m7-300x201.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GkpeMx7WcAAd0m7-1024x688.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GkpeMx7WcAAd0m7-768x516.jpg 768w\" data-lazy-sizes=\"(max-width: 1139px) 100vw, 1139px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GkpeMx7WcAAd0m7.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-470383\" class=\"wp-image-470383 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GkpeMx7WcAAd0m7.jpg\" alt=\"JUP\" width=\"1139\" height=\"765\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GkpeMx7WcAAd0m7.jpg 1139w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GkpeMx7WcAAd0m7-300x201.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GkpeMx7WcAAd0m7-1024x688.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GkpeMx7WcAAd0m7-768x516.jpg 768w\" sizes=\"auto, (max-width: 1139px) 100vw, 1139px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-470383\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">If market sentiment improves, JUP could revisit and possibly breach the $1.40 mark, energized by reduced supply and renewed investor interest. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Conversely, if the broader crypto market continues to falter, even aggressive buybacks may struggle to lift JUP beyond short-term rallies, risking a retest of lower supports around $0.60 and below.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This scenario stresses the dual-edged nature of buybacks amidst volatile markets. It highlights the critical balance between investment strategy and market conditions.<\/span><\/p>\n<div class=\"post-nav\">\n<div class=\"next-blog\">\n\t\t\t\t\t\t\t\t\t\t\tNext: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/uniswaps-3-year-long-sec-battle-ends-heres-what-comes-next\/\" rel=\"prev\" data-wpel-link=\"internal\">Uniswap\u2019s 3-year long SEC battle ends\u2014Here\u2019s what comes next<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Journalist Posted: February 26, 2025 Jupiter Exchange buybacks have begun, with nearly 5 million JUP being bought back from protocol fees. The buybacks are happening at a support level of $0.70 and the price could trade back to its December 2024 high of $1.40. In the past 24 hours, Jupiter [JUP] surged ahead of Pump.fun [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":375575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-375571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/375571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=375571"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/375571\/revisions"}],"predecessor-version":[{"id":375576,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/375571\/revisions\/375576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/375575"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=375571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=375571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=375571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}