币界网报道:Jupiter's JUP token plummeted over 80% shortly after its highly anticipated airdrop, triggering panic selling among holders. The Solana-based decentralized exchange aggregator distributed 1 billion JUP tokens to nearly 955,000 eligible wallets on January 31. Despite the dramatic price drop from $0.70 to $0.50 within hours, some analysts view this as a potential buying opportunity, noting similar post-airdrop volatility patterns with other major tokens. Jupiter's co-founder, known as Meow, acknowledged the sell-off was expected but emphasized the project's long-term vision, including upcoming launches of a perpetual contracts exchange and a mobile wallet. The airdrop marked Jupiter's transition toward decentralized governance, with the team retaining 50% of the total 10 billion token supply for future development and community incentives. Market observers caution that such extreme volatility is common with large airdrops as recipients often cash out quickly.