Jupiter Sets HumidiFi WET ICO Rules: Whitelist, JUP Stakers Round and Public Sale
Jupiter has published the initial coin offering (ICO) rules for HumidiFi’s WET token. The sale is split into three rounds: a Whitelist Round offering 60,000,000 WET (6% of supply) at 0.05 USDC running Dec 3, 10:00 a.m.–10:00 p.m. ET on a first-come, first-served basis; a JUP Stakers Round with 20,000,000 WET (2% of supply) at 0.05 USDC running Dec 3, 10:00 p.m.–Dec 4, 10:00 a.m. ET; and a Public Sale of 20,000,000 WET (2% of supply) at 0.069 USDC with a 1,000 USDC purchase cap running Dec 4, 10:00 a.m.–10:00 p.m. ET. Total allocated across these phases equals 100,000,000 WET (10% of total supply). Sale pricing implies an approximate FDV of $50M for earlier rounds and ~$69M for the public sale. All whitelist phases may be oversubscribed and close on a first-come, first-served basis. Tokens and liquidity will go live at the token generation event (TGE); exact timing to be announced. Relevant market context: Coinbase has added HumidiFi’s WET to its listing roadmap alongside other projects, and the announcement follows public channel disclosures cited by Coinotag.
Bullish
The structured token sale, clear allocation and pricing, and inclusion on Coinbase’s listing roadmap suggest positive distribution and potential demand catalysts. Early rounds priced at 0.05 USDC create an arbitrage opportunity against the higher public price (0.069 USDC), incentivizing staker and whitelist participation and likely concentrating buy-side pressure at TGE and on initial listings. The reserved JUP stakers allocation further ties network token holders to HumidiFi, potentially increasing JUP ecosystem activity and liquidity. Historically, well-structured whitelist and staker-favoring launches (when accompanied by exchange listing interest) have driven short-term price spikes and elevated volume upon listing. Risk factors include oversubscription, quick sell pressure from early buyers, and broader market conditions; these could cap upside or introduce volatility. Overall, expect near-term bullish momentum around TGE/listing windows, with possible high volatility. Longer-term performance will depend on HumidiFi’s product adoption, liquidity depth, and market sentiment.