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Jupiter and Sonic Token Airdrops Hit Solana Users

3 January 2025
in Crypto Updates
Reading Time: 3 mins read
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Two Solana


SOL

$206.55

blockchain initiatives, Jupiter and Sonic, are set to reward eligible customers with token airdrops in January.

Jupiter, a decentralized alternate (DEX) aggregator, plans to distribute $625 million value of its JUP


JUP

$0.0007

tokens.

The airdrop will contain 700 million JUP tokens and is predicted to incorporate round 2.3 million eligible wallets, as shared in a December 27 announcement on X.

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Jupiter’s distribution follows a tiered system that rewards lively members. Customers with at the very least $800 in buying and selling quantity will obtain 50 JUP tokens, whereas those that traded $14 million or extra will get 20,000 JUP.

In the meantime, Sonic, a Layer-2 gaming community, is getting ready for its personal token airdrop on January 7. It would distribute 7% of the full provide of SONIC tokens, with 15% of the two.4 billion tokens out there for buying and selling on launch day.

In accordance with an replace on January 1, 8% of the provision is put aside for early supporters, whereas 7% will probably be shared amongst preliminary eligible customers.

The qualification course of for the SONIC airdrop required customers to affix via TikTok. Sonic built-in its SonicX recreation immediately into the platform. Sonic has made progress just lately, elevating $12 million in a funding spherical in June 2024.

As Jupiter and Sonic are able to reward their communities with token airdrops, the Solana community just lately noticed a rise in validator earnings. What’s inflicting the expansion? Learn the total story.

Aaron S. Editor-In-Chief

Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Battle II period.With near a decade of expertise within the FinTech trade, Aaron understands the entire greatest points and struggles that crypto fanatics face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to particular person for every thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to remodel the house as we all know it, and make it extra approachable to finish newbies.Aaron has been quoted by a number of established retailers, and is a printed writer himself. Even throughout his free time, he enjoys researching the market traits, and in search of the following supernova.



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Tags: AirdropsHitJupiterSolanaSonictokenusers
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