BREAKING 🚨

Jupiter announced major updates this past week:

• 50% of @JupiterExchange fees now go toward $JUP buybacks
• 3B $JUP tokens will be burned, reducing total supply to 7B
• Massive acquisitions like Moonshot and SonarWatch
• Jupiter DEX averages ~$110B in monthly volume at a 0.1% fee
• That translates to ~$55M monthly buy pressure ( ~$660M annually )
• Effectively ~9.4% of total supply could be bought each year

This move looks incredibly bullish, with the team focused on driving value to $JUP.