Jupiter [JUP] has experienced a significant reduction in daily active addresses and transactions, falling from 724,400 to 433,800. This decline shows diminished market participation.
In the last month, JUP recorded a 34.29% drop, with an 11.38% decrease in the last 24 hours, despite a spike in trading volume to 531.9 million USD.
The key support level at 0.718 USD is crucial; failure to hold could lead to a decline of 39% to 0.43 USD, reflecting an ongoing bearish sentiment.
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