mockJUP(MOCKJUP) Project Analysis
1. Research Institute Comments:
The token has been online for 10 days, and its market capitalization has risen from $5 million to $22 million. There are significant holdings and liquidity in the addresses. The founder of Jupiter, Meow (with 550,000 Twitter followers), and Solana co-founder Toly have both consistently mentioned this project.
2. Recent Breakout Points:
MockJup is a test token launched by Jupiter, the largest decentralized exchange (Dex) on Solana. The upcoming end-of-month airdrop event has garnered attention due to Jupiter's successful operation on the Solana network for over two years, accumulating a large user base and trading volume with official support from Solana. In this event, some large holders have accumulated substantial MockJup tokens, planning to create a new project through forking, similar to the liquidity competition between Sushiswap and Uniswap. Launching test tokens for major projects before the official launch is considered an interesting strategy to generate wealth effects and attract more attention. This approach helps avoid potential harm to the project from excessive speculation on the native token since test tokens can be freely traded. Additionally, it serves as a warm-up for the native token, laying the foundation for its official launch. The success of this strategy could influence the operational methods of more formal large-scale projects in the future, making MockJup a pioneer in this regard.
3. Project Introduction:
mockJUP is a test token launched by the Dex trading platform Jupiter.
4. Token Utility:
None
5. Tokenomics:
Total token supply is 1,295,414,029.
6. Project Highlights:
None
7. Investment Institutions:
None
8. Community:
Twitter followers: 1,351; Telegram group members: 509
9. Special Economic Models:
- None
10. Future Outlook:
Jupiter's founder Meow (with 550,000 Twitter followers) and Solana co-founder Toly continue to mention the project, indicating ongoing interest and potential future developments.
Basic Information
Project Introduction: mockJUP is the test token launched by the Dex trading platform Jupiter.
Token Full Name: mockJUP
Token Name: MOCK JUP
Project Website: https://mockjup.com
Project Documentation: None
Blockchain Explorer:
https://solscan.io/token/JxxWsvm9jHt4ah7DT9NuLyVLYZcZLUdPD93PcPQ71Ka
Liquidity Explorer:
https://solscan.io/token/JxxWsvm9jHt4ah7DT9NuLyVLYZcZLUdPD93PcPQ71Ka#markets
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CoinW Institute
2024/1/25