Summary
TLDR: Jupiter’s price has been impressive after entering the DEX market, surpassing competitors like Synthetix and dYdX. With a market cap of $2.4 billion, it is now targeting ThorChain. Bullish momentum is expected to continue, with a potential 12% increase in price. Be cautious of volatility and conduct your own research before making financial decisions.
Key Points
1. Jupiter’s price has been impressive in recent days as it established a presence in the Decentralized Exchange (DEX) market.
2. Jupiter’s native token, JUP, has experienced significant growth, surpassing competitors like Synthetix (SNX) and dYdX (DYDX) in terms of market cap.
3. There is a prediction of another 12% increase in Jupiter’s price, with the Moving Average Convergence Divergence (MACD) indicator showing bullish momentum.