2024-02-02
A 17 years old young man posted on X
that he made $1 million on JUP airdrop.
He said he used all 5 feature of
Jupiter (including swap, limit order, DCA, bridge, and perpetual trading) every
morning in order to farm the airdrop. He swapped SOL, placed limit order, used
bridge, and traded perps every single day.
There will be 3 more rounds of Jupiter
airdrops. He said he will continue to farm the airdrop for the next few rounds
of JUP airdrops.
On Jan 31, 2024, Jupiter conducted 1
billion JUP airdrop worth $700 million to nearly 1 million wallets (955,000
wallets). This means each wallet receive about $700 per wallet if JUP airdrop
was equally distributed. It needs 1,300-1,400 wallets in order to get $1
million airdrops.
This young man didn’t tell the
audiences how many wallets he used for farming the airdrop. He probably sold
JUP on Jan 31, 2024 when the price was selling at around $0.7 and $0.8.
