Jupiter (JUP) is positioned for a potential 35% increase if it manages to close above 0.43 USD. Currently, the price is around 0.426 USD, showing an increase of 6.25% in the past 24 hours.
With 2.17 million USD in long positions, traders are showing substantial confidence in JUP. This bullish sentiment is evident as JUP has recently rallied by 30%, attracting increasing trader interest.
Jupiter’s decentralized exchange (DEX) recently surpassed a trading volume of 1 trillion USD, underpinning its strong presence in the DeFi space. This key milestone has significantly boosted both revenue and trading activity.
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