JUP price is set to rise as Jupiter introduces candidates for LFG round 3

After a successful second round in April, DEX Jupiter has introduced candidates for Launchpad (LFG) round 3 including deBridge, Divvy.Bet, Exchange Art and will hold a vote to determine the projects that will launch on the platform.

deBridge is a secure and high-performance interaction layer for Web3 that enables the decentralized transfer of arbitrary messages and value between blockchains. The validation of crosschain transactions is done by a network of independent validators that are elected and work for deBridge governance.

Divvy.Bet (DVY) is a decentralized betting platform built on Solana with the goal of creating a transparent, fair and trustless betting system on traditional intermediary parties in order to pioneer the BetFi revolution.

Exchange Art showcases the digital art marketplace on Solana, support the creative economy in the digital world.

The vote will take place on May 22, with close competition between deBridgeFInance and Exchange Art.

At the time of writing, Jupiter's native token is up more than 5% and trading around 1 USD, which is above the ascending trend line. As part of a typical 'rumor buy' situation, JUP's market value may rise before May 22 before the 'truth selling' event wipes out liquidity.

Price chart JUP. Source: TradingView

Arbitrary messages: Messages can be any data that users want to send between blockchains, not limited to financial transactions but also information, data, and other order.*