Jupiter (JUP), a decentralized exchange (DEX) based on Solana (SOL), has acquired a significant stake in the Moonshot app, which facilitates meme coin purchases via Apple Pay. This move aims to expand Jupiter’s offerings and presence in the world of meme coins. By integrating Moonshot into its ecosystem, Jupiter plans to provide better services to regular investors preferring traditional payments for cryptocurrency purchases. Additionally, Jupiter’s partnership with SonarWatch, a tool for real-time monitoring of digital assets, will enhance transparency and convenience for users. These announcements have immediately impacted the Jupiter token, with its price increasing over 10% in the last 24 hours. Currently trading around $0.96, the token is moving towards $1 after surpassing the $0.90 resistance level. If Jupiter’s price surpasses $1, its next target will be $1.35. Conversely, failure to maintain its upward trend may lead to a retreat to the $0.75 support area. Overall, short-term indicators suggest an upward trend, with a significant increase in buy orders indicating strong buying pressure. If this buying pressure continues, Jupiter may experience further growth in the short term. Visit the real-time digital currency price page to monitor all token and cryptocurrency prices live.
