Traders engaged in the rapid buying and selling of another cryptocurrency labeled ‘JUP’ amidst the $700M Jupiter airdrop.
Certain traders might have speculated incorrectly on the token’s price, while a 17-year-old trader asserts to have earned $1 million from airdrops of the authentic Jupiter token. A defunct Ethereum-based protocol with a similar ticker to the Solana-based Jupiter’s “JUP” briefly surged over 430% in response to the $700 million airdrop announcement. However, its price…