{"id":134222,"date":"2024-07-27T16:00:52","date_gmt":"2024-07-27T13:00:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134222"},"modified":"2024-07-27T13:16:21","modified_gmt":"2024-07-27T10:16:21","slug":"popular-altcoins-price-surges-following-an-important-announcement","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/popular-altcoins-price-surges-following-an-important-announcement\/","title":{"rendered":"Popular Altcoin&#8217;s Price Surges, Following an Important Announcement"},"content":{"rendered":"<p>Meow, the pseudonymous co-founder of <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">Solana<\/a><\/strong>-based <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/jupiter-ag\/\">Jupiter<\/a><\/strong>, revealed plans to revamp JUP tokenomics. The proposed changes include a 30% reduction in the total supply of JUP, currently at 10 billion tokens, a voluntary 30% cut in the team\u2019s allocated tokens, and a 30% decrease in \u201cJupuary\u201d emissions.<\/p>\n<p>In a post on the X platform on July 27, Meow <strong><a href=\"https:\/\/x.com\/weremeow\/status\/1816980436330979390\" rel=\"nofollow\">emphasized<\/a> <\/strong>the importance of the upcoming week for JUP. This period will see significant development activity, voting, and discussions. By week\u2019s end, the Jupiter community, including developers, JUP holders, and associated projects, will have a clear understanding of the new alignment.<\/p>\n<p>The week will kick off with the release of the JUP Essay, followed by a community audit of JUP tokens distributed to date on Tuesday. The token supply reduction proposal will be put to a vote on Wednesday.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-134190\" href=\"https:\/\/cryptodnes.bg\/en\/ex-goldman-sachs-exec-shifts-most-of-his-assets-to-solana-moving-away-from-bitcoin\/\" title=\"Ex-Goldman Sachs Exec Shifts Most of His Assets to Solana, Moving Away from Bitcoin\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/raoul-pal-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Ex-Goldman Sachs Exec Shifts Most of His Assets to Solana, Moving Away from Bitcoin<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>If approved, it could further boost JUP\u2019s value by reducing supply and increasing demand. The plan to cut 3 billion tokens aims to enhance the token\u2019s value and strengthen the community.<\/p>\n<p>JUP\u2019s price has risen more than 13% in the past 24 hours and is currently trading at $1.17.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A popular altcoin&#8217;s price surged significantly in the past few days following a significant tokenomics overhaul announcement.<\/p>\n","protected":false},"author":3,"featured_media":101554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[108,266],"coin_category":[],"class_list":["post-134222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-price","tag-solana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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