Here's a collection of the latest JQuery Plugins specifically for improving and manipulating Typography. Many developers are coming are with fantastic JQuery plugins to help improve web design these and below is a great list of the latest plugin trends for typography.

Arctext.js

Ghost Type

JQuery Approach

JMetronome

JQuery News Ticker

Shuffle Letters Effect

Texetualizer

Fit Text

jQuery Text Resizer Plugin

jQuery Text Resizer

Big Text

slabText

Lettering.js

Airport

Jquery Glow

Scrolling Parallax 

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