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HomeCOINSWhat Is Jup? (MER) Complete Guide Review About Jup.

What Is Jup? (MER) Complete Guide Review About Jup.

What Is Jup?

Jup Coin (MER) is a cryptocurrency. Mercury has a current supply of 100,000,000 with 0 in circulation. The last known price of Mercury is 0.00060506 USD and is up 0.00 over the last 24 hours. The open-source software that powers the public blockchain, making the blockchain fully accessible to everyone. The clients can also utilize Jupiter’s public blockchain on a secure private network to meet all needs.

Jup Coin Storage Key Points

Coin BasicInformation
Coin NameJup Coin
Short NameMER
Circulating Supply
Total Supply
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

The people’s blockchain.

The Project aims to make blockchain accessible and safe for everyone. Military-grade encryption helps ensure that user data is private and secure. Through the elite encryption capabilities, they can power secure dApps on public and private networks based on the client’s wishes.

Try Metis Messenger

Jupiter’s encrypted-messaging dApp.

Metis is Jup fully encrypted group messaging application. Through Metis, they can provide the users with a fully secure and decentralized chatting service. Utilizing the utility of the tokens, Metis can swiftly send and store messages.

The Products

Gravity

Framework for dApp creation. Through Gravity, any organization or individual can build and create custom dApps within minutes.

Fndr

Flexible and secure (AES-256 bit encryption) password manager that gives you complete control of your account information.

Decentralized Git

Jup Coin confidently store your git repositories to power your project forever without fear of removal, loss, or outages.

Leda

The official marketplace for NFTs. Create, sell, or collect digital items secured with blockchain.

Fully encrypted data

Data is locally stored on applications using the military-grade encryption. From there, data is sent through Jup nodes using SSL to capitalize on built-in encryption protocol.

Automated data replication

Built-in, automated data replication across all conforming nodes. For companies that can not store information on a public blockchain, they can be set up on a private network to utilize the exact automated data replication.

Immutable data

Each node in public or private blockchain operates on a consensus correct copy of the blockchain’s database. Jup Coin consensus algorithms maintain and agree upon data quality to store it in the blockchain’s computationally trusted and decentralized database for complete verification.

Buying/Selling Jupiter On Cryptocurrency Exchanges

Trading on 5 markets. In the last 24 hours, most traded on KuCoin, PancakeSwap (V2), and Uniswap (V2). The most traded pairs in the last 24 hours are /USDT, WBNB, and JUP/ETH.

Conclusion

80%+ of Jup crypto portfolio consists of large cap projects like Bitcoin, Ethereum, and Cardano. Cryptocurrency as an asset class is already 12-15x more volatile than stocks, so the upside and volatility of large caps is quite enough for me. Looks a bit too risky to add to my portfolio right now, but I do like to watch out for interesting small projects that have huge growth potential.

Jupiter coin price prediction

First off, a micro cap crypto. This means this project is an infant in the cradle. It could die for any number of reasons. The project could run out of funding. Investors could give up. So there’s definitely a chance in the next crypto winter that loses 90%+ of its value. That’s the risk you’re taking with micro cap coins. The project’s market capitalization is around $1.7M, or the median price of a home in San Fransisco.

Tokenomics

Only 13% of Jup Coin total supply has been released. This makes me weary. How much of it is held by early investors and will get liquidated once there’s a price spike? The total supply of the coin is 1 billion, with around 127 million coins in circulation today. If the value of the project stays the same, and more coins are released, the value of each individual coin will decrease. Tokenomics are important for this. I’d say tokenomics look a little gloomy- just like Coti Coin and Algorand.