According to KookCapitalLLC, there are individuals on the platform who have chosen to accumulate $JUP instead of $BTC, a strategy they criticize as unwise. This statement highlights a trading perspective favoring Bitcoin over newer or less established cryptocurrencies like Jupiter ($JUP), suggesting a preference for the stability and proven track record of Bitcoin in the volatile crypto market.

According to Ai 姨 (@ai_9684xtpa), Jupiter has initiated its first buyback of $JUP tokens, purchasing 4,885,370 tokens at an average price of $0.683 over the past 17 hours, totaling $3.33 million. All transactions were conducted on-chain via the Jupiter: Litterbox address, and the buyback is still ongoing.

According to Ai 姨 (@ai_9684xtpa), Jupiter plans to allocate 50% of its protocol fee income to buy back $JUP tokens. In 2024, Jupiter generated $102 million in revenue, ranking 7th among Solana DApps, with Jupiter Perps being the main income source, holding an 84% market share in Solana PerpDEX. Revenue in December 2024 was seven times higher than in January, with a two-week spike due to $TRUMP, reaching $35.86 million, nearly 40% of last year's total. Based on last year's revenue, approximately $50 million will be used for $JUP buybacks, equating to 2.4% of its current $2.04 billion market cap.