A Date Has Been Given for the Highly Awaited Airdrop in Solana

Solana-based decentralized trading platform Jupiter is preparing to launch the JUP airdrop on January 31st.

According to Jupiter's statements, approximately 1 million Solana wallets are eligible for the airdrop. Users can check how much JUP token they are entitled to receive through a tool developed last month.

Solana-based Jupiter is used by users engaged in token trading to find the most favorable exchange rates in the market.

The airdrop that Jupiter is preparing to launch at the end of the month will be the first phase of a total four-stage process. Throughout the process, a total of 40% of the JUP supply will be distributed, with 1 billion tokens in each stage.

In addition, 1 billion tokens will be allocated to contributions to the Jupiter community and grants. The remaining 5 billion token supply is reserved for the Jupiter team.

Jupiter's founder, known as "Meow," added that they will be launching a meme coin in the coming week. Meow emphasized that this coin will not be associated with Jupiter or MEOW.