Jumper's JUMP token sale draws over $20M in subscriptions, 10x its target
- —Subscriptions for the JUMP sale exceeded $20M, 10x the $2M target
- —Hard cap is set at $3M; the sale runs September 29 to October 2
- —As of 10:40 KST on Sept 30, subscriptions hit $15.97M (799% of target) across 3,247 orders
- —Jumper reports over $41B in cumulative volume and 100k+ monthly active users
Why it matters: Demand far exceeding the hard cap points to heavily diluted allocations and elevated expectations for the token.
Source: TokenPost