jakiro
Author: Jack Inabinet, Bankless; Compilation: Deng Tong, Bit Chain Vision World Realm
Jupiter’s airdrop last week handed over 1 billion Jups to the earliest user of the Solana DEX polymer, but should the airdrop receiver hold these tokens?
In today’s issue, the two BankLess analysts held the opposite view to build a bull market and bear market case for the future performance of the token.
What is Jup’s bull market?
Speculation has become one of the main cases of cryptocurrencies.
When the future bull market event triggered an unprecedented wave of cryptocurrency speculation, the exchanges that promoted this process provided seductive investment opportunities for those who seemed to seek huge returns.
Although the aggregation on Ethereum has not yet become a killer product, due to the low cost of the Solana chain, it has unique opportunities for success on Solana, which makes transactions across a large amount of liquidity pool for economically feasible transactions.
Solana’s leading exchange Jupiter uses aggregation to provide the best price as possible for transactions -this is an attractive feature for novices and Defi professionals for cryptocurrencies -80% of Solana transactions are currently processed!
For those “Degen” (extreme venture investors), which is dissatisfied with the extension of spot cryptocurrencies, Jupiter provides an excellent permanent contract product with a daily transaction volume of hundreds of millions of dollars. Allowing liquidity providers on their depositsObtain more than 100%of the income and provide traders with 100 times leverants of BTC, ETH, and SOL.
Because its spot exchanges contribute most of the Solana transactions, and the upper limit of its perpetual contract products is only limited by management risks, Jupiter’s bullish case is very obvious.——JACK
What is the reason for Jup’s bear market?
Although Jupiter does do all this, sometimes this is not a good thing.Let’s take a look at some factors that these factors may together form a bear market case in the center of Sorana.
Although Jupiter does provide comprehensive services, sometimes this is not a good thing.Let’s take a look at some factors that they may together form short cases of Solana’s center.
The airdrop tokens performed poorly:Although the airdrops were very attractive at first, it often declined in the long run.This may extend to most airdrops; when people get free money, they want to cash.
“Everything is all -in -one, and it is not fine”:Jupiter’s various product kits, from DCA tools to sustainable contracts, lack of key risks.For example, if a user prefers a new DEX on a special platform or Solana, Jupiter may find that he is excessive expansion and strives to double hard.
Eth & gt; sol:Jupiter’s fate is closely related to Solana’s performance.Although people may have reached some consensus on Solana’s performance in this cycle than Ethereum, it is worth remembering that just a few months ago, people’s emotions were just the opposite.In addition, in the broader DEFI background, Ethereum’s activity still makes Solana dwarn.
Vampire attack:Given the profit of capital in the field of encryption is the essence of graphs, vampire attacks to lure users to leave with better incentive measures are always a threat.This may seriously exhaust the liquidity and user base of Jupiter.
In general, although Jupiter seems to have a solid foundation at present, there is nothing in the field of encryption, especially in the encryption field.——David
