Jupiter Mobile plans to launch zero-fee acquisition of Ultimate wallet! JUP surged 30% in a week

This site (120BtC.coM): The star DeFi project on the public chain Solana, the liquidity aggregator Jupiter, announced its Jupiter Mobile plan on the social platform X last night (23) Officially launched, it aims to enable users to complete cryptocurrency transactions with one click on their mobile phones while achieving zero fees, attracting tens of millions of users to join.

Beta version launched in May

Jupiter official said that it will launch a beta version of Jupiter Mobile in May, focusing on the user experience: similar to self-driving cars, through automated design, we It can reduce operational complexity, gas fees and slippage...all at zero cost. Jupiter Mobile is a critical step in our strategy of getting more people to use cryptocurrency and accelerating Meta.

Jupiter acquires Ultimate Wallet

As part of the Jupiter Mobile plan, the cryptocurrency wallet Ultimate Wallet also announced on the 22nd this week that Jupiter has acquired Ultimate Wallet. Wallet and its mobile development team were acquired together and will launch its own cryptocurrency wallet in the future.

It is worth noting that the Ultimate Wallet wallet is still available, but starting from May 23 this year, Ultimate Wallet will cease to be used, and only supports users to restore mnemonic phrases.

However, Ultimate Wallet promises that all users’ crypto assets are still safe and provides a method to export the wallet:

• Prepare a new compatible wallet

• Select the mnemonic phrase you wish to export

• Import the mnemonic phrase you selected into the new wallet

If you are a user, it is recommended to convert the wallet.

JUP has risen 30% in the past week

Through Jupiter’s liquidity aggregation, users can connect all decentralized exchange (DEX) markets in the ecosystem with AMM pool, designed to provide the best token trading prices.

Since its launch in January this year, the Jupiter token JUP has opened and moved higher, reaching a maximum of 1.85 US dollars. Although it has fallen sharply from its highest point at the time of writing, the upward trend has been strong in the past week, with an increase of more than 30 %, the current price at the time of writing is $1.18.

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