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Jupiter and Sonic Token Airdrops Hit Solana Users

by Catatonic Times
January 2, 2025
in Altcoin
Reading Time: 3 mins read
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Two Solana


SOL

$206.39

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

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


JUP

$0.0007

tokens.

The airdrop will contain 700 million JUP tokens and is anticipated 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 contributors. 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’s going to distribute 7% of the entire provide of SONIC tokens, with 15% of the two.4 billion tokens obtainable for buying and selling on launch day.

In response to an replace on January 1, 8% of the availability is put aside for early supporters, whereas 7% can be shared amongst preliminary eligible customers.

The qualification course of for the SONIC airdrop required customers to affix by means of TikTok. Sonic built-in its SonicX recreation instantly into the platform. Sonic has made progress not too long ago, 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 not too long ago 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 Struggle II period.With near a decade of expertise within the FinTech trade, Aaron understands all the largest points and struggles that crypto lovers 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 all the things and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to rework the area as we all know it, and make it extra approachable to finish learners.Aaron has been quoted by a number of established shops, and is a printed creator himself. Even throughout his free time, he enjoys researching the market tendencies, and searching for the following supernova.



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Tags: AirdropshitJupiterSolanaSonictokenUsers
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