I foresee large unstaking of JUP Very Soon basically for two reasons:
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The price action of JUP Token is about to explode now that The JUPUARY Airdrop Proposal has been downed (For time being) due to not reaching a 70% YES Vote. Leading many to think the Burning of 3B Tokens & The Fact that revising this Jupuary many take a few Months (or longer) creates the perfect environment for substantial price increase. (temporary or not)
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Which shouldn’t be quite as serious as “1” is the Exodus of many Stakers who feel they should be rewarded for Staking - Hence leading to them Unstaking for basically that reason also.
Now let me make a Serious Point here; Stakers who take this route should really rethink this thought due to the fact that Staking JUP currently entitles the Staker to Receive a very generous ASR Reward, And I do mean very very Beautiful - Handsome Reward, You don’t have to do the math.to know we have been receiving about 80%+ APR On the Year! Please don’t be greedy here! (I voted YES and I am Also Fully Staked in JUP)
The Price of JUP will climb quite greatly as this proceeds. I have many years of Crypto & Stock Trading & managing portfolios as a analytics advisor & accountant.
I also work in my spare time for Solana & Jupiter for free. =)
PPP
J4J
SolanaSultan / Friar <ɫ> Tuck
@SolanaSultan