JUP Holders Panic Sell After 80% Crash – Dead or Buying

Solana Solana DEX JUP holders panic sell after 82% crash from $2.04 peak as Jupiter suspends DAO voting amid $1 trillion volume milestone and 174% rally prediction. Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Author Profile Share Copied Last updated: June 23, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews Jupiter (JUP), the leading Solana-based decentralized exchange (DEX) aggregator, has experienced a devastating market crash as investor confidence appears to have evaporated completely. Following its last venture above $1 in February, the JUP token has maintained a relentless bearish trajectory, shedding over 33% in the past month alone and plummeting 82.73% from its post-launch peak of $2.04. Currently, the token is valued at $0.3629. Holders who exited positions before this catastrophic decline are lucky to have done so before the massive crash. Jupiter Founder Suspends DAO Voting in a Desperate Move to Rescue JUP Token. One trader who liquidated his substantial holdings around $0.70 expressed disbelief, stating that as Solana’s most recognizable token, nobody anticipated JUP’s descent toward “worthlessness.” This investor attributed JUP’s deterioration to the token’s absence of genuine utility and large token releases from the development team. On June 19, Jupiter Exchange’s chief operating officer, Kash Dhanda, attempted to address mounting community frustrations... https://cryptonews.com/news/jup-holders-panic-sell-after-80-crash-dead-or-buying-opportunity/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple