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Jupiter tests $0.29 demand zone as Solana DEX token mirrors Bitcoin’s pullback

Jupiter tests $0.29 demand zone as Solana DEX token mirrors Bitcoin’s pullback

Photo: AMBCrypto

Jupiter's [JUP] new trading product, YOLO, recorded over $1 billion in volume after its 15h October beta launch. Jupiter's trading product on Solana offers 1,000x leverage on SOL, BTC, and ETH, and allows trading with as little as $10 to "make it big." Traders should remember that at that kind of leverage, a 0.1% price move against their direction could wipe out their position. As a simulated trading model, a single house pool funded by losers pays the winners, and the individual trades don't make it to a real market, but of course the profits and losses are real.

Source: AMBCrypto

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