Jupiter Exchange Faces Community Backlash Over ASR Rewards Policy
- Security Concerns Emerge: Jupiter Exchange's requirement for users to import their seed phrases into the Jupiter wallet to claim Q4 ASR rewards has sparked widespread community backlash, raising serious safety concerns that could lead to asset theft and erode user trust.
- Reward Distribution Justification: While Jupiter defends this requirement as necessary for fair reward distribution and to prevent manipulation, community members strongly oppose the potential security vulnerabilities, arguing that long-term holders could face significant losses if malicious actors gain access to their accounts.
- Airdrop Activity Revision: In 2026, Jupiter plans to revise its Jupuary airdrop supply from 700 million to 200 million tokens to mitigate dilution risks, a decision reached through community voting in response to the lessons learned from the 2025 airdrop that caused a significant price drop.
- Poor Market Performance: According to CoinMarketCap, Jupiter's native crypto asset JUP currently has a market capitalization of $648 million and a 24-hour trading volume of $57.22 million, down 90.24% from its all-time high of $2.04 two years ago, indicating market concerns about its future prospects.
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Technical Analysis for JUP
Technical Sentiment Analysis for Jupiter (JUP) As of , Jupiter (JUP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for JUP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, JUP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Jupiter (JUP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.061 | 0.1 | 0.137 | 0.176 | 0.212 | 0.251 | 0.288 |
| Fibonacci | 0.1 | 0.129 | 0.147 | 0.176 | 0.205 | 0.222 | 0.251 |
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