Token

Solana

Jito

Coin

<ul class="news-points"> 
 <li><strong>Moments after its official launch, the price of JTO increased by more than 80%.</strong></li> 
 <li><strong>62.36% of eligible users have claimed tokens out of the possible 100 million.</strong></li> 
 <li><strong>Jito’s TVL increased and social volume rose as participants continued interaction with the protocol.</strong></li> 
</ul> 
<p>The price of Jito (JTO) pumped to $3.00 within 24 hours after the Liquid Staking Token launched on December 7. According to <a href="https://coinmarketcap.com/currencies/jito/" target="_blank" rel="nofollow">CoinMarketCap</a>, the price was up 84.96% since the token’s launch and listing on major exchanges.</p> 
<p>But besides the price increase, Jito had a lot of hype around its introduction. This was because the project had planned to <a href="https://twitter.com/jito_sol/status/1732794280618668363" target="_blank" rel="nofollow">airdrop</a> 100 million tokens to its early users. Some of the recipients include those who lent to DeFi protocols on <a href="https://coinedition.com/solana-sol-eyes-a-60-retest-but-heres-what-it-requires/">Solana (SOL)</a>. Others were MEV searchers, as well as validators.</p> 
<h2 class="wp-block-heading" id="h-eyes-on-jto-as-claims-start"><strong>Eyes on JTO as Claims Start</strong></h2> 
<p>At press time, Flipside Crypto showed that 62.36% of the eligible 10,133 addresses had claimed rewards. Some were worth as low as $500, while others got as high as $12,000. Jito also noted that qualified wallets have 18 months to claim their tokens. Furthermore, a look at the Jito Foundation’s <a href="https://gov.jito.network/dao/Jito" target="_blank" rel="nofollow">treasury</a> showed that it was still worth $737.48 million.</p> 
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<p>The post <a href="https://coinedition.com/jito-jto-price-surges-on-airdrop-cex-listings-will-the-hype-last/">Jito (JTO) Price Surges On Airdrop, CEX Listings: Will The Hype Last?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Jito (JTO) Price Surges On Airdrop, CEX Listings: Will The Hype Last?

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