I saw many investor investing in this new project that was launch few hours ago but am still making some investigation about the power behind the project if the project will be great in the future before joining investors to invest on it. If what I red in the internet is true about the Jup token launch, show that the price will increase higher above $5 in the future and those that will hold long will really see the good side of the token and it will make them to achieve income. Since we have seen the sign of pumping in the price of Bitcoin in the market, which we know that whenever the price of Bitcoin is pumping other altcoins price will be pumping too and it will give token investors opportunity to experience positive results from their token investment.
At last the much speculated jup, token, has been launched, and I think that so far that it's pretty much living up to it's hype, and being on the Solana, ecosystem is a big boost for it. We should expect the normal price dump and pump on the short term, I believe that since we're seeing that Bitcoin price is looking good in it's journey to bull run, that credible projects will also experience pumps, so I'm seeing jup, token, to also pump and investors that will hold till then will enjoy good ROI. Although I don't really do new projects, but if I'm to take chances and invest in one now, I think that I can really consider this project in discussion.
For now expect for a dump since there's a lot of people get their tokens via airdrop so for sure that they will be the one will dump first their token acquired so provably it will stay at current price for a while, But there's still a huge chance for this token to pump knowing that it has a strong community support and its volume still quietly huge which is so impressive for newly launch token.
Now I'm thinking about having this token and will just wait for furthermore since for sure will acquire this for hodling it on short time purposes then let see what will be the result of it.
I also don't buy tokens from new project but I think this case is different since there's so much noise for this project and this might be an indicator that this project maybe could able to last for long months.