Jupiter, a liquidity aggregator on the Solana blockchain, announced the launch of the Jupiter Mobile project last night. The project aims to enable users to complete cryptocurrency transactions with just one click on their mobile phones, while also achieving zero fees. Additionally, Jupiter has announced the acquisition of the cryptocurrency wallet, Ultimate Wallet, and plans to launch its own cryptocurrency wallet in the future.
Table of Contents:
– Test Version to be Released in May
– Jupiter Acquires Ultimate Wallet
– JUP Rises 30% in the Past Week
Jupiter, a star DeFi project on the Solana blockchain, announced on the social platform X last night that its Jupiter Mobile project has officially launched. The project aims to attract millions of users by allowing them to easily complete cryptocurrency transactions on their mobile phones with zero fees.
Test Version to be Released in May
Jupiter’s official statement mentioned that the test version of Jupiter Mobile will be launched in May, with a focus on user experience.
Jupiter Acquires Ultimate Wallet
As part of the Jupiter Mobile project, the cryptocurrency wallet, Ultimate Wallet, was announced on the 22nd of this week. Jupiter has acquired Ultimate Wallet and its mobile development team, and plans to launch its own cryptocurrency wallet in the future.
It is worth noting that the Ultimate Wallet can still be used for now, but starting from May 23rd of this year, it will no longer be supported, and users will only be able to recover their mnemonic phrases. However, Ultimate Wallet assures that all user assets are safe and provides methods for exporting wallets:
1. Prepare a new compatible wallet.
2. Choose the mnemonic phrase you wish to export.
3. Import the chosen mnemonic phrase into the new wallet.
If you are a user, it is recommended to convert your wallet.
JUP Rises 30% in the Past Week
Through Jupiter’s liquidity aggregation, users can connect to all decentralized exchanges (DEX) and Automated Market Maker (AMM) pools in the ecosystem, aiming to provide the best token trading prices.
Since its launch in January of this year, Jupiter’s token, JUP, has been performing well, reaching a peak of $1.85. Although it has significantly retraced from its peak at the time of writing, it has shown a strong upward trend in the past week, with a increase of over 30%. At the time of writing, it is trading at $1.18.
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Jupiter’s “Soaring 9900%” and approaching $2! Trading volume exceeds $500 million, with nearly 60% of JUP airdrop already claimed.
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