Jupiter’s pseudonymous founder Meow has heard the complaints about yesterday’s massive JUP airdrop on Solana, and he insists the critics have got it all wrong.

“You know what I realized, guys? How many people don’t understand anything,” Meow said today on Rug Radio’s live “FOMO Hour” about crypto influencers pushing back on the drop. “They only understand buy/sell.”

Solana decentralized exchange (DEX) aggregator Jupiter launched the biggest airdrop so far in 2024 on Wednesday, serving up 1 billion total JUP tokens to claim—over $700 million worth at the peak price yesterday. Solana’s network held up, JUP’s price popped, and nearly half a million wallets have already claimed their bags.

Still, there’s been backlash. Viral tweets have painted the airdrop as a token sale by Jupiter’s founders—an Go to Source to See Full Article
Author: Andrew Hayward

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