In an optimistic bid, Robinhood Crypto, a famend cryptocurrency trading platform, has lately introduced that it’s facilitating Wormhole (W) and Jupiter (JUP) buying and selling for European prospects. This announcement has gained vital traction throughout the worldwide crypto neighborhood because the agency additional prolonged rewards for buying and selling the abovementioned tokens.
However, regardless of the assist provided by one of the vital famend exchanges, JUP and W costs have traded within the purple. These waning value actions coincide with the broader crypto market’s sluggish efficiency as we speak, May 30.
Robinhood Extends Support To JUP & W
According to the crypto alternate’s official put up on X dated May 29, ” Wormhole ( W) and Jupiter ( JUP) at the moment are out there to commerce for European prospects!”
Moreover, the put up make clear a €500 reward with as much as 10% bonus on web purchases in the course of the first 30 days of person sign-up. Meanwhile, for additional particulars, one should examine the complete phrases and situations for buying and selling “in-app.”
Simultaneously, upon Robinhood’s EU support web site, it may be seen that the platform helps Wormhole (W) and Jupiter (JUP) buying and selling.
W is the governance token of the cross-chain blockchain protocol Wormhole. JUP is the native token of Jupiter, a Solana-based decentralized alternate (DEX) aggregator.
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JUP & W Prices Fall, What’s Next?
Meanwhile, regardless of the optimistic itemizing chronicle, JUP’s value confirmed indicators of a pullback, dipping 7.11% up to now 24 hours to $1.10. Similarly, whereas writing, W’s value chart confirmed a fall of 6.76% over the previous day to $0.5751. As talked about above, as we speak’s droop in costs primarily follows the broader market’s motion.
Concerning this, because the market recovers sooner or later, these tokens could possibly be introduced with a chance, as Robinhood’s listings or any listings on exchanges normally convey an optimistic wave to cryptos with them.
It’s additionally value noting that JUP’s RSI rested round 46, hinting at general market neutrality with slight draw back stress. Similarly, W’s RSI stood at round 45.
Robinhood earlier introduced that it launched Solana (SOL) staking providers in Europe, additional increasing footprint throughout the European crypto panorama.
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