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Jupiter Completes Burning 3 Billion JUP, Current Value Around 3.2 Billion Dollars

BlockBeats News, on January 27, Jupiter officially announced the burning of 3 billion JUP, currently valued at around 3.2 billion USD.


BlockBeats previously reported that on August 4, 2024, according to the governance page, the JupiterDAO voted to approve the proposal to "burn 30% of the JUP token supply," reducing the JUP token supply from 10 billion to 7 billion.

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Assuming JUP's trading price reaches $1, it would become the 18th most valuable asset among all cryptocurrencies.
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