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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Event ends: August 9, 16:00 UTC
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Meow, Jup Founder, surged token price by burning $3bn in JUP & buying back 50% of fees
Jupiter founder Meow announced that the platform would burn $3 billion in JUP tokens, with 50% of the fees going towards token redemption.
The announcement was made at the end of Jupiter's inaugural "Catstanbul 2025" event, where the platform also announced the acquisition of a majority stake in mimcoin startup Moonshot and the launch of an artificial intelligence fund, among other important developments. The platform also announced the acquisition of a majority stake in mymcoin startup Moonsho