Random analysis, do you know how much JUP earns in fees in a day? If you haven't seen anyone using it, it means you're still a contract novice. Misleading others, blocked.

Hundred Currency Analysis Phase 4 Jup$JUP
This project can be said to be very bold. According to the supply and market value, if it is fully unlocked, the market value is tens of billions. However, the project party is just a token search in the Solana ecosystem. To be honest, I haven't really seen anyone use it. It seems that the project party realizes that the target is too large and ambitious. Two days ago, they issued a notice, directly waving their hand to merge 30% of the tokens, reducing the market value from 100 billion to 70 billion. Relying solely on the team's voluntary reduction and token reserves may not be sufficient. There may be repurchase and destruction actions, and it is currently in the stage of waiting for announcements as shown in Figure 1.

1. In the top 50 hot list, it has been introduced above. For more details, you can check the official website yourself.

2. The trend is different from other coins, occasionally showing huge shadow lines, probably due to the project's high activity. Such a project, which takes action as soon as it speaks, requires a big heart to continue. Talking about the analysis of the fractal theory, in the current weekly chart, energy is declining. If it can return to the daily chart and not break 1 on the pullback, that would be the first entry point, with a stop loss at 0.975. A breakthrough above 1.2724 is needed to complete the upward trend; see Figure 2 for details.

3. Due to this coin frequently having particularly long shadow lines, along with its strongest bottom still at the 0.678 position, it is not very suitable for contract operations. The shadow lines can be quite painful when hitting stop losses.

4. Since the project party has destruction actions, the coin price will rise in the short term. However, if this unlocked amount is destroyed, the circulation will effectively decrease. Overall, the market value is still too high. It is estimated that the project party is also worried about the coin price and directly destroys tokens to raise the price. They dare to think and act, and I blindly guess they will continue to destroy in the future.

5. Risks: The project party holds a large number of coins, and they like to issue announcements. Those who enjoy roller coasters can pay attention.

Summary: Small circulation, large market value, long shadow lines, not suitable for high leverage, the project party is very bold, and the trend is not very healthy.

Comprehensive Index 4⭐$JUP


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