JUP / TetherUSLong
JUP: A game-changer
Well, fundamental assets are sometimes boring—you probably never hear that statement in crypto :) However, if we set aside some big players like Bitcoin, Ethereum, Solana, and Ton, I’m fundamentally bullish on Jupiter + Rayudium. Why? Because I am heavy user.
P.S. Pay attention that the chart doesn’t reflect great trade opportunities right now, especially with Bitcoin breaking past 100k and SPX hitting an all-time high. But if we’re just talking no BS, Jupiter / Rayudium obviously has some great features.
So, why am I bullish on JUP?
- Jupiter has a decentralized exchange, they’re building DeFi. They provide access to the best prices and opportunities to earn solid interest on deposits.
- Memecoins are booming—it’s now simple to launch them without code solutions, and this is where Jupiter’s DEX helps scale projects. Scaling means commissions for the team.
- Built on a scalable infrastructure, the DEX ensures low transaction fees and high-speed swaps, catering to both retail traders and institutional users.
And here’s the kicker—the team buys back tokens from the market, splitting a share of the commission fees they earn on the DEX.
As always, there are a lot of risks. DYOR, NFA. The risk part probably deserves a separate article because I’m already risking getting a TL;DR (too long to read and other stuff).
But again, this is a long-term play, and it’s probably better to enter at lower prices.
P.S. Pay attention that the chart doesn’t reflect great trade opportunities right now, especially with Bitcoin breaking past 100k and SPX hitting an all-time high. But if we’re just talking no BS, Jupiter / Rayudium obviously has some great features.
So, why am I bullish on JUP?
- Jupiter has a decentralized exchange, they’re building DeFi. They provide access to the best prices and opportunities to earn solid interest on deposits.
- Memecoins are booming—it’s now simple to launch them without code solutions, and this is where Jupiter’s DEX helps scale projects. Scaling means commissions for the team.
- Built on a scalable infrastructure, the DEX ensures low transaction fees and high-speed swaps, catering to both retail traders and institutional users.
And here’s the kicker—the team buys back tokens from the market, splitting a share of the commission fees they earn on the DEX.
As always, there are a lot of risks. DYOR, NFA. The risk part probably deserves a separate article because I’m already risking getting a TL;DR (too long to read and other stuff).
But again, this is a long-term play, and it’s probably better to enter at lower prices.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.