Data Interpretation: 50% of Jupiter Protocol's revenue will be used to repurchase $JUP

What does this mean? How to quantify it👇

🔹 In 2024, Jupiter's protocol revenue will reach $102 million, ranking 7th among Solana DApps

🔸 Jupiter Perps is its main source of income, holding an 84% market share in Solana PerpDEX

🔹 December 2024 revenue is expected to grow 7 times compared to January (3M>21M), and in the past two weeks, due to $TRUMP, it has seen explosive growth, reaching $35.86 million, with two weeks of revenue accounting for nearly 40% of last year's total revenue

Therefore - if we estimate based on last year's protocol revenue, about $50 million will be used to repurchase $JUP; the current market value of $JUP is $2.04 billion, equivalent to 2.4% of the current market value

During the reign of the 'understanding king', it remains to be seen whether the ecological strategy of 'Jupiter + Moonshot + Meteora' will become the engine for its revenue explosion🚀