My Next Big Crypto Bet: Jupiter Exchange

Jupiter Exchange is my next big crypto bet. From its innovative product lineup to its powerful community-driven launchpad, discover why I have a high-conviction for this decentralized exchange.

Contents

My Next Big Crypto Bet: Jupiter Exchange

 

As the crypto bull market takes a pause, I’ve been looking for a smaller, high-conviction crypto bet to add to my portfolio.

That’s when I came across Jupiter Exchange, $JUP, the largest decentralized exchange (DEX) on Solana.

After digging into the project, I knew this was the right move for my next big investment.

 

In this post, I’ll explain why I’m putting my money into $JUP and what my goals and trading plan look like.

 

 

Jupiter DEX community
📸 copyright by Jupiter – Jupiter Catdets believing in Meow’s vision

 

 

Why Jupiter Exchange Is My Crypto Bet

 

 

  • Fantastic Product Lineup: Jupiter offers everything from swaps and limit buys to DCA, VA, launch pads, and even perpetuals. You can also “ape” into meme coins effortlessly.

 

  • Decentralized but User-Friendly: Consider it a fully decentralized alternative to Coinbase or Binance, but you maintain full control since your tokens stay in your wallet.

 

  • Super Successful: Jupiter is already the no. 2 decentralized exchange based on average volume, see the DEX ranker under Decentralized Exchanges on Goingecko

 

  • Built on Solana: With the most daily active users in all of crypto, Solana has incredible momentum behind it—another reason this is my current crypto bet.

 

  • Smooth User Experience: The web platform works flawlessly, and the mobile version is launching soon, which only strengthens my confidence.

 

  • Strong Leadership: The team, particularly @weremeow, has a proven track record of delivering successful projects. People rally behind him, see how he explains PPP (player pump player, instead player versus player)

 

 

 

  • Unique Community: Jupiter has one of the most passionate communities in crypto, with the Cadets staking their $JUP tokens and holding weekly calls that are a must-attend.

 

  • LFG Launchpad: Jupiter is pioneering the first community-driven launchpad, LFG, aimed at helping large-scale on-chain projects bootstrap tokens on Solana. This initiative empowers both the community and projects, providing a reliable, decentralized way to launch tokens while leveraging the strength of the Solana network.

 

  • DAO Ambitions: They’re building one of the largest DAOs in crypto and sharing 70% of launchpad fees with the community—another strong reason why this is a crypto bet I’m willing to make.

 

  • Token Burn: The team proposed a 30% reduction in the total $JUP supply, cutting team allocations and reducing future token emissions. This bold move not only eases concerns about over-supply but also boosts the long-term value for holders, making it an even stronger crypto bet.

 

 

Building best dex in crypto

 

 

My Goals For This High-Conviction Crypto Bet

 

 

  • Accumulate 50,000 $JUP tokens (I’m currently at 35,000).

 

  • Use the Jupiter platform in all its forms—from swaps to staking and perpetuals.

 

  • Stake all my tokens to earn Active Staking Rewards (ASRs).

 

  • Actively engage with the community and provide constructive feedback.

 

 

 

 

 

A Closer Look at Jupiter’s Product Offering

 

1️⃣ Swap – Quickly and easily swap any token on Solana, including BTC and ETH.

2️⃣ Limit Orders – Set purchase orders, like buying 1 ETH when it hits your target price.

3️⃣ DCA (Dollar-Cost Averaging) – Automatically buy, say, $100 of $SOL every 8 hours.

4️⃣ VA (Value Averaging) – My favorite approach: similar to DCA, but you buy more when the price drops.

5️⃣ Launchpad – Projects like $CLOUD or $UPR occasionally launch on Jupiter.

6️⃣ Perpetuals – Go long or short on SOL, ETH, or WBTC with up to 100x leverage.

7️⃣ Ape – A slick interface for trading meme coins.

🎱 Lock – Open-source token locking and distribution over time for teams.

9️⃣ Bridge Feature: Its bridge functionality compares rates and finds the most efficient paths, making it a central hub that connects everything on Solana

 

 

Jupiter Active Staking Rewards 2024
Get more staking rewards for participating in votes (see the ‘voted’ column)

 

 

How To Get Started

 

If you are not sure how to get started, follow these simple steps:

  1. Get some SOL or USDC on any centralized exchange, e.g. I like Nexo or Coinbase
  2. Send your SOL or USDC to your Phantom wallet
  3. Go to Jupiter at jup.ag and connect your Phantom wallet
  4. Swap or limit buy JUP with your  SOL or USDC
  5. Stake your JUP to earn ASR (see above)
  6. That’s it.

 

 

Conclusion

 

In conclusion, $JUP has all the ingredients for a winning crypto bet—an impressive product suite, strong community engagement, innovative features like the LFG Launchpad and bridge, and a forward-thinking tokenomics adjustment.

By building my position and engaging with the platform, I’m confident that $JUP will play a major role in my portfolio as it continues to grow alongside the Solana ecosystem.

This is more than just a DEX; for me, it’s a cornerstone of decentralized trading and innovation.

 

 

Recent Posts

Subscribe
Notify of
guest
Please agree to the privacy terms
0 Comments
Most Voted
Newest Oldest
Inline Feedbacks
View all comments

About Me

Hi there, I’m Noah, an avid DIY investor on a quest for wealth & wisdom. I’m sharing my portfolio, trades & dividend income so you can learn from my missteps! Sign up for my 100% free newsletter to get updates.

Freedom Stats

🧑🏻‍🌾 Age when reaching FI: 40 in 2018
😰 Left the rat race: May 2017
🏠 Living in: Singapore
👨‍👨‍👧‍👦 Number of kids: 2
💵 Net Worth: $7.2 Mio US
☂️ All-Weather Portfolio: $1.2 Mio
🍭
Dividend Income (2023): $25k
🌳
Passive Income (2023):
$157k
💵
Crypto Portfolio: $2.6 Mio
♥️
My 10 Favorite Dividend Stocks

Disclaimer

I’m not a financial advisor. Please do your own research & read the disclaimer. No content is meant to be a recommendation. Some pages might contain affiliate links that won’t cost you anything.

My Top Content

🤟Services I Love

🧐 For stock research: SimplyWallSt
📚 For in-depth research: Gurufocus
🆓 For buying crypto: Coinbase
🏆 For
buying gold: Goldbroker
🌱 For passive crypto income: Nexo
🔐 For storing crypto: Ledger Wallet
🚔 For online safety: Malwarebytes

 

Recent Posts​

Search

Join My Email List

Check out my passive income.
100% free. No spam. 
Unsub anytime.

financial newsletter for dividend stocks

Join My Free Email List

Ahoy, captain of your own financial destiny! Ready to hoist the sails towards serene financial freedom?

My spam-free, no-cost emails will map the market seas, and steer you towards independence. Unsub anytime! Bonus – Instantly unlock my passive income!