Fabianosol

Realtalk.
I still think $JUP can go back to $1
But there's one huge problem:
Jupiter's cash cow (Perps) is dying. They completely slept on this market
A year ago, Perps generated around $8M/month. Today, a good month is closer to $3M. That's roughly $60M in annual revenue gone, representing more than 50% of the protocol's revenue.
Which brings us to the next issue:
Buybacks have become too small to have much economic or psychological impact
Jupiter allocates 50% of revenue to buybacks (and burns?), which currently annualizes to around $24M
Meanwhile, Hyperliquid uses 99% of protocol fees for b

dubai is so beautiful this time of the year

I thought we are in a bear market
but they're selling "bitcoin water" for $20 here in Switzerland

Is $MET staking worth it?
I did the math so you don't have to...
- Stake MET: Worth it ✅ Even with 50M staked still 20%+ APY
- 2% protocol fees: Worth it if you're a power user ✅
- 8% protocol fees from your friends: Worth it ✅

saw this in a boomer crypto subreddit today
buying and selling prices lol

This is the token of the most successful company in crypto
And it could fail for one reason:
Greed.
The company has already generated over $1B in revenue
Yet they still decided to raise another $1.3B through an ICO
In total, the founders have owned or sold 60% of the entire token supply
While everyone and their mom finally sold their ICO allocation, there's another big problem:
- 20% team allocation
- 13% pre-ICO allocation
A few days ago, 25% of those allocations unlocked
That's roughly $170M worth of tokens
Around $100M went directly to the team. The investor allocation is concentrated in ju