Jito Coin (JTO) continues to make waves in the cryptocurrency world. This Solana ecosystem-based crypto is not just an ordinary meme coin; its contributions, particularly in redefining staking on Solana, have caused major ripples in the market.
Jito has impressively led Solana with $1.4 Billion in Total Value Locked (TVL), becoming the largest Solana protocol and controlling a significant 37% of the ecosystem's TVL. For this reason, the JTO token has caught the eye of numerous investors, reflected in its price surge and prediction of long-term growth. Even amidst market corrections, JTO continues to hit all-time highs.
Moreover, Jito is making headlines with its new code, which could revolutionize Solana staking. The foundation has also released an open-source restaking service for the platform, a move likely to increase Solana's TVL.
Jito's introduction of liquid staking for Solana is impressive, and this feature can be easily accessed via Phantom Wallet. Simultaneously amid these developments, Jito ended its 'mempool' function, demonstrating a staunch stand against private mempool operators. Jito's token launch had a significant impact on the market, sending the prices of competitor Marinade's MNDE token to all-time highs.
The recent vibrant JTO performance has enticed investors, some even predicting a possible 1200% ROI. The coin's sudden popularity has led many individuals to question
how to buy JTO. The coin's interaction with the community is also robust; recently, it airdropped $225M worth of tokens to JitoSOL holders, EMV Service Users, and Solana Validators.
Jito Coin News Analytics from Thu, 11 Aug 2022 07:00:00 GMT to Tue, 10 Sep 2024 12:30:45 GMT -
Rating 8
- Innovation 9
- Rumor 6
