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The anonymous host of the popular crypto-focused YouTube channel InvestAnswers, James, has called investors’ attention to an upcoming altcoin launch. James claimed that Jupiter’s altcoin should not be missed after its release.
Anticipating the Launch of JUP Token with Great Interest
In his latest video shared with subscribers on YouTube, InvestAnswers’ anonymous host James highlighted Jupiter, a DEX built on the Solana network, and its altcoin that is getting ready to launch. As proof of the exchange’s strong momentum, the analyst pointed to Jupiter’s trading volume, saying:
This is exactly what you call a black hole or an S-curve or whatever you want to call it. In December, the Jupiter exchange reached an all-time high trading volume of $16.64 billion.
James emphasized that JUP has not yet been launched, noting that all current JUPs are fake.
Expected to Launch in the Last Week of January
On the other hand, Jupiter’s JUP token is expected to be launched in the coming weeks. DEX’s anonymous founder Meow announced on social media platform X from their personal account that they expect the launch of JUP to take place in the fourth week of January, stating:
Before we start, we should mention that we do not optimize for hype, price, or perfect price discovery. Therefore, if you are expecting any of these, please look elsewhere. We will not focus on these short-sighted optimizations. Although this view is not popular among many in the community and the crypto world, it is a hill I am willing to die on.
Instead, we will focus on JUPUARY to openly learn with everyone how a token that aligns the needs of AirDrop recipients, buyers, traders, team funding needs, bots, and the rest of the ecosystem will be launched on the Blockchain network. We will hold launch test parties, make numerous announcements, share scaling plans openly, host many meetings over the next 3 weeks, and prepare a report.
