Jupiter (JUP) Price Prediction 2024-2030: Will JUP Price Hit $5 Soon?

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Jupiter (JUP) Price Prediction 2024-2030: Will JUP Price Hit $5 Soon?
  • Although the price corrected, indicators placed JUP’s 2024 price prediction at $5.
  • The price of JUP might extend to $13 by December 2027.
  • While JUP might trade sideways at a point, the 2030 prediction is a bullish price of $27.50.

It is not all the time you find an all-in-one decentralized exchange. But for Jupiter, its wide range of features is one of the reasons it is the top swap aggregator on Solana (SOL). Beyond that, the platform extended its reach by launching a native token, called JUP.

While JUP had its torrid times, it was able to pick up and join the crypto rally at some point. This has made the cryptocurrency one that traders have kept an eye on. But how far can the price of JUP go? In this piece, Coin Edition considers the price analysis of the token, and the price prediction from 2024 to 2030. 

Jupiter (JUP) Real Time Market Status

🪙 Name Jupiter
💱 Symbol JUP
🏅 Rank #61
💲 Price $1.01409818705
📊 Price Change (1h) -0.54 %
📊 Price Change (24h) -4.82 %
📊 Price Change (7d) -9.3 %
💵 Market Cap $1369032552.51
💸 Circulating Supply 1350000000 JUP
💰 Total Supply 10000000000 JUP

Jupiter (JUP) is currently trading at $1.01409818705 and sits at number #61 on CoinMarketCap in terms of market capitalization. There are 1350000000 JUP coins currently in circulation, bringing the total market cap to $1369032552.51.

Over the past 24 hours, Jupiter has decreased by 4.82%. Looking at the last week, the coin is down by 9.3%.

What is Jupiter (JUP)?

Jupiter is an advanced swap aggregator developed on the Solana blockchain, and JUP is its native token. As an aggregator, Jupiter helps in advancing DeFi on the Solana ecosystem. As such, users of the platform can engage in trading that other exchanges do not offer. Some of the offerings on Jupiter include Dollar Cost Averaging (DCA), limit orders, and perpetual trading.

Jupiter (JUP) Market Status

JUP’s current market status displayed a cryptocurrency undergoing a corrective phase. At press time, JUP’s price was $1.06, representing a 16.32% decrease in the last 24 hours. Like the price, the trading volume of JUP also fell and was $759.32 million.

The market cap of the project was $1.66 billion and was ranked number 62. JUP has a circulating supply of 1.35 billion tokens and a maximum supply of 10 billion. To buy JUP, you can head over to Bybit, Binance, Coinbase, or OKX.

Jupiter (JUP) Price Analysis

Price analysis is an important aspect in predicting the possible value of a cryptocurrency, and JUP is not exempted. In this segment, Coin Edition looks at different indicators and the signal they show about JUP’s short-term price. Furthermore, you would also get to know about the price predictions from 2024 to 2050.

Jupiter (JUP) Price Analysis – Bollinger Bands

Despite experiencing massive selling pressure, the 4-hour JUP/USD chart showed extreme  volatilty around the token. Using the Bollinger Bands (BB) indicator, JUP displaayed a tendency to rebound.

JUP/USD 4-Hour Chart (Source: TradingView)

This was because the lower band of the indicator had touched JUP around $1.06. As such, there could be massive price fluctuations. From a bearish perspective, JUP’s price might decline below $1. However, if the price rebounds, it could extend and retest $1.51.

Jupiter (JUP) Price Analysis – Relative Strength Index

The Relative Strength Index (RSI) on the 4-hour chart displayed how sellers have been dictating the trend. As of this writing, the RSI neared the oversold region. With this momentum, the oscillator could drag JUP’s price further down, and the value could go as low as $0.91.

JUP/USD 4-Hour Chart (Source: TradingView)

Jupiter (JUP) Price Analysis – Moving Average Convergence Divergence

The Moving Average Convergence Divergence (MACD) as of this writing, was -0.046, suggesting increasing downward momentum for the token. Also, the shorter EMA had crossed below the longer EMA, confirming that buyers lagged while sellers dominated.

JUP/USD 4-Hour Chart (Source: TradingView)

Should this continue to be the case, JUP might find it challenging not to lose hold on the $1 milestone. Unless buying pressure increases, the value of the token might decline.

Jupiter (JUP) Price Prediction 2024

On the 2-hour timeframe, the dominance of red candlesticks explains how JUP has been unable to regain its bullish momentum. This was also evident from the On Balance Volume (OBV). 

At press time, the OBV reading decreased, indicating that selling pressure had outpace buy orders. However, Fibonacci extension showed that the decline does not mean JUP would not recover in 2024.

JUP/USD 2-Hour Chart (Source: TradingView)

From the chart below. The 3.618 Fib extension showed that JUP could rise to $2.49. While this might not be short term, it is expected that the value of the token has the potential to double if it hits the region. Thus, before 2024 ends, JUP’s price can reach $5.

Jupiter (JUP) Price Prediction – Resistance and Support Levels

From the 4-hour analysis, Coin Edition observed that bulls held a strong support fat $0.88 on March 14. Because of this, the price was able to rally to $1.49 four daya after. However, the recent decline has put JUP in a tight position.

For instance, the current momentum indicates that the value might fall back to the previous support. This could be the case if bears continue to resist the uptrend at $1.25. On the other hand, a successful break through $1.25 might drive JUP’s price higher before it encounters another key resistance at $1.41.

JUP/USD 4-Hour Chart (Source: TradingView)

If bulls drive past this resistance, then JUP could coast all the way beyond $2. However, failure to do that might send the value back to $1.25.

Jupiter (JUP) Price Prediction 2025

JUP’s price is projected to perform better in 2025 than whatever height it might reach in 2024. By the said year, millions of Solana addresses might get another airdrop, and this could drive demand for the token. Therefore, JUP’s price can hit $10 in 2025.

Jupiter (JUP) Price Prediction 2026

In 2026, the crypto market might be in a bearish phase. If this is the situation, altcoins like JUP might experience a downturn. As such, the reasonable price prediction for JUP in 2026 is $7.

Jupiter (JUP) Price Prediction 2027

JUP’s price prediction for 2027 could be bullish considering that the market could be exiting a bearish cycle. It is also expected that the Jupiter community might have grown massively by then. At a conservative level, the price of JUP could hit $13 in 2027.

Jupiter (JUP) Price Prediction 2028

JUP’s price can reach $20 in 2028. But for it to hit this value, market participants might have to keep accumulating JUP. If accumulation supersedes distribution, then the value of JUP can rise as high as $20.

Jupiter (JUP) Price Prediction 2029

In 2029, the price prediction for JUP might be bearish. This is because of the possibility that holders of the token might take profits from the previous gains. By December 2029, the price of JUP could be $15.

Jupiter (JUP) Price Prediction 2030

2030 could be the year JUP’s price rallies again. According to Coin Edition’s forecast, demand for the token might increase and the price might reach $27.50.

Jupiter (JUP) Price Prediction 2040

The price of JUP has the potential to cross the $38 mark by 2040. By this time, Jupiter must have had a high number of users and crypto adoption might have skyrocketed. Hence, the potential price increase.

Minimum Price Average PriceMaximum Price
$20.55$24.38$38.75

Jupiter (JUP) Price Prediction 2050

In 2050, many participants might expect JUP to hit three figures. But that might not be the case. However, that does not mean that the price would not increase as it might hit $57.

Minimum Price Average PriceMaximum Price
$36.43$46.86$57.29

Conclusion

To end this price prediction, we can conclude that JUP has a good potential to perform well in the market. However, it is also important to mention that pullback might occur on the way as the price increases. Therefore, buying the token on the spot market might be better than using leverage. Besides that possible corrections, volatility in the market could be extreme and your positions might be wiped out.

FAQs

What is JUP?

JUP is the native cryptocurrency of Jupiter Exchange, a decentralized exchange, and swap aggregator on Solana. With JUP, users can actively bridge tokens, and access perpetual trading.

How do you buy JUP?

You can JUP on the Jupiter Exchange itself. Beyond that, you can also buy JUP on centralized exchanges like Binance and Bybit. Other exchanges that also offer JUP on the spot market include Coinbase, Crypto.com, and KuCoin.

Is JUP a good investment?

JUP has proven to be a good investment for recipients of the airdrop in January. Within the last 30 days, the price of JUP has increased by an incredible 139.97%. Going forward, the value of the token might even rise higher. However, you need to spot good buying opportunities so the token can be a good investment for you

What is JUP’s all-time high?

JUP’s all-time high is $1.59, and it happened on March 18, 2024.

Will JUP reach $10 soon?

Yes, JUP can reach $10. However, it is uncertain if the cryptocurrency will hit that level in 2024. But considering the hype around the project, and its solid fundamentals, the value can hit $10 before the end of 2025.

What is the maximum supply of JUP?

JUP has a maximum supply of 10 billion tokens. Out of 10 billion, 1.35 billion JUP tokens are in circulation.

Will JUP surpass its current ATH?

JUP’s price performance over the last few months indicated that the token has the potential to surpass its current ATH. As it stands, the broader crypto market might be bullish for most of 2024. Should this be the case, JUP will surpass its ATH.

What is the lowest price of JUP?

JUP’s lowest price was $0.46 on February 22. The cryptocurrency hit the lowest price as a result of high selling pressure and a significant market correction at that time.

Who is the founder of JUP?

The founder of JUP is a pseudonymous X (formerly Twitter) user popularly called “Meow.” He is also the CEO of Jupiter Exchange which is built on Solana.

Which year was JUP launched?

JUP was launched on January 31, 2024. On the launch day, the Jupiter team distributed $700 million to almost 1 million Solana addresses.

How do I store JUP?

You can decide to store JUP on your Solana wallet or keep it on exchanges. If you want to store your tokens on a Solana wallet, you can choose either Phantom, BackPack, or Solfare. On the other hand, you can also store JUP on OKX, Binance, DigiFinex, or Bybit.

What will be the price of JUP in 2024?

The price of JUP can hit $2.5 within a few months. But before December 2024, the value might reach $5.

What will be the price of JUP in 2025?

Considering the bullish bias around JUP, the price might hit $10 in 2025.

What will be the price of JUP in 2026?

JUP’s price might reduce in 2026, and the value by the end of the year could be $7.

What will be the price of JUP in 2027?

JUP might recover from its decline in 2027, and probably reach $13.

What will be the price of JUP in 2028?

It is expected that the value of JUP could hit $20 by 2028.

What will be the price of JUP in 2029?

JUP’s price might reduce in 2029, putting the forecast at $15.

What will be the price of JUP in 2030?

In 2030, the price of JUP must have increased and the prediction is $27.50

What will be the price of JUP in 2040?

The price of JUP can reach $38.75 in 2040.

What will be the price of JUP in 2050?

JUP’s price prediction for 2050 is $57.29.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.