Xiaoxian recommends spot password: JTO
Today, follow Xiaoxian to analyze why JTO is worth buying!!!
The recent crypto market has been volatile, and the plunge and rebound provide a good opportunity to test the resilience and potential of tokens.
In several market adjustments, the JTO token of the Solana ecosystem has attracted special attention. It has extraordinary resilience, with a small correction when the market falls and an amazing increase when the market rebounds, showing strong performance.
Why is JTO so strong? Let's analyze the reasons in depth.
At present, the market circulation of JTO tokens is 128 million, with a circulation rate of 12.7%. The circulation market value of JTO tokens is US$242 million and the total circulation market value is US$1.897 billion.
The number of SOLs pledged by Jito Network has exceeded 10 million. Based on the current market price of SOL tokens, the TVL has exceeded US$1.88 billion.
Investors (16%) and core contributors (Jito founders and early contributors, accounting for 24.5%) have a one-year token lockup period, from December 2023 to December 2024, and will be unlocked in December this year. From the JTO token unlocking plan, there will be a cliff-like unlocking in December, and the circulation rate will more than double. At least in the past six months, there has been no large-scale unlocking of JTO.
Looking ahead, Jito Network is likely to launch a re-staking function, which will undoubtedly further increase the staking rate of Solana ecological tokens and push up the market value of JTO tokens. In view of its outstanding performance and forward-looking strategic layout, JTO is worth paying attention to.
You can enter the market at around 1.8~ The target is 6u
