Their growth post the airdrop, JTO's price stable around $3.
This is not an extraordinary price point but is an indicator of a much healthier launch trajectory than the pump-and-dump token launch.
It's clear. The market wants exposure to Solana Defi tokens.
They are on the right track, and I think it worked, but it's just getting started.
BTW, I can't recommend investing here because I haven't exploited this project any further.
Topic: Is it advisable to invest in JITO (JTO)? - page 2. (Read 479 times)
JITO is the first MEV powered stake pool that allows unlocking liquidity on your staked SOL to use across DEFI while keeping self custody of your funds.
JTO is airdropping about 10% of their token supply to eligible users. While some exchanges also announced the coin listing and I'm sure that millions of dollar in liquidity will be added to DEXs and market. But Currently, JITO has 68,636 stakers in pool, 6,340,192 SOL TVL in pool and 82 Validators.
Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
We have also seen JTO listed in the market with very attractive prices. I know JTO is probably Solana platform coin. Being the coin of the Solana platform, Solana users have also used JTO due to which the price is very good. If 2024 Bitcoin reaches $100,000 and the market builds a good position, then JTO can also build a good position. I never advise anyone to invest in altcoin. If anyone wants to invest in JTO Coin they can because the future is good not bad. JTO is airdropping about 10% of their token supply to eligible users. While some exchanges also announced the coin listing and I'm sure that millions of dollar in liquidity will be added to DEXs and market. But Currently, JITO has 68,636 stakers in pool, 6,340,192 SOL TVL in pool and 82 Validators.
Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Current price $3.21
Max price: 4.94$
this coin had just entered the market not too long ago and it has already reached an all time high of $3.9 it is showing increased value but this is mainly because of the airdrops and solana users investing in jto as well it seems good now but i don’t think it will reacher another ath next year
JITO is the first MEV powered stake pool that allows unlocking liquidity on your staked SOL to use across DEFI while keeping self custody of your funds.
JTO is airdropping about 10% of their token supply to eligible users. While some exchanges also announced the coin listing and I'm sure that millions of dollar in liquidity will be added to DEXs and market. But Currently, JITO has 68,636 stakers in pool, 6,340,192 SOL TVL in pool and 82 Validators.
Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
JTO is airdropping about 10% of their token supply to eligible users. While some exchanges also announced the coin listing and I'm sure that millions of dollar in liquidity will be added to DEXs and market. But Currently, JITO has 68,636 stakers in pool, 6,340,192 SOL TVL in pool and 82 Validators.
Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
I saw that Jito is already listed on the Binance exchange, and I also saw that his trading volume is large every day, which is not bad, and Jito also looks like he has potential, in my opinion. I have also studied Jito and would like to hold it, at least because it seems to be the first time that it can coincide with the bull run as well.
That's why the airdrops seem to be unavailable in our country, somewhere here in Asia. I just don't know why. I hope it's possible so I can also participate in the airdrops they have, although it's still a long time before it ends.
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Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Whenever it's a new project, I always have this feeling of being skeptical because of the fact that it's a new one, and the chance of it being a scam project is very high.Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
On the other hand, I looked at their website, and it seems like there's many validators on it already, and there's around 6M SOL that's currently locked, so I guess I can say that there's a bit of a support or I should say community behind this project.
It's also listed on Binance so it's a good thing as well. As to it's advisable to invest into that project, many always say to do our own research, and it's true. You can't just invest into a project that's currently hyped. Always look at it's long term benefits. Always look at the use case of it. I'm not saying that you don't invest into it though because we don't know what can happen with the project 6 months from now, or even a year from now. It's just that invest at your own risk.
You can invest, but not advisable to hold for long term. Just trade it for short term since it's listed on Binance, I guess.
Are you speculating on second airdrop because first has already happened that too worth hefty amounts. I'd not suggest to buy it if you were to, cause I feel there is huge fomo right now.
And even if they won't have a second airdrop, we are still going to profit from investing on their coin alone due to the FOMO. If the price of the coin is $1, then it might be considered overpriced because it is only just a new coin but I don't know its starting value. Maybe it is also lower than that?Yea, but don't get yourself caught in fomo
Regarding starting price, coingecko shows $1.47 as lowest value but it's only after Jito got listed on CG as it only tracks prices after listing, I assume it must have been lesser before it got listed on CG as it always seems to be the case with coins. $1 starting price seems about right assumption, but could be wrong ofc.
Are you speculating on second airdrop because first has already happened that too worth hefty amounts. I'd not suggest to buy it if you were to, cause I feel there is huge fomo right now.
And even if they won't have a second airdrop, we are still going to profit from investing on their coin alone due to the FOMO. If the price of the coin is $1, then it might be considered overpriced because it is only just a new coin but I don't know its starting value. Maybe it is also lower than that?And it only started to rise because they are slowly gaining a popularity. We can still disregard the price tag because the value could grow more, making us recover our capital and earn even more. The OP already gave some description about this project and it was said to be the first MEV-powered stake pool. So it can be more than just a hype.
JITO is the first MEV powered stake pool that allows unlocking liquidity on your staked SOL to use across DEFI while keeping self custody of your funds.
JTO is airdropping about 10% of their token supply to eligible users. While some exchanges also announced the coin listing and I'm sure that millions of dollar in liquidity will be added to DEXs and market. But Currently, JITO has 68,636 stakers in pool, 6,340,192 SOL TVL in pool and 82 Validators.
Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
JTO is airdropping about 10% of their token supply to eligible users. While some exchanges also announced the coin listing and I'm sure that millions of dollar in liquidity will be added to DEXs and market. But Currently, JITO has 68,636 stakers in pool, 6,340,192 SOL TVL in pool and 82 Validators.
Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Tia did airdrop and has been on fire, I'm predicting the same for Jto giving it's price positive trend atm. But DYOR... Here's an attached picture of the current 📈 rn, despite the free airdrop.
Literally, it rose to $4 and I also realised that it went as high as $54 in this exchange. Seems they listed it earlier
JITO is the first MEV powered stake pool that allows unlocking liquidity on your staked SOL to use across DEFI while keeping self custody of your funds.
JTO is airdropping about 10% of their token supply to eligible users. While some exchanges also announced the coin listing and I'm sure that millions of dollar in liquidity will be added to DEXs and market. But Currently, JITO has 68,636 stakers in pool, 6,340,192 SOL TVL in pool and 82 Validators.
Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
JTO is airdropping about 10% of their token supply to eligible users. While some exchanges also announced the coin listing and I'm sure that millions of dollar in liquidity will be added to DEXs and market. But Currently, JITO has 68,636 stakers in pool, 6,340,192 SOL TVL in pool and 82 Validators.
Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
I wouldn't trust any coin that made %10 of supply to airdrop. If there is no fair launch then there is no decentralization.
You may make money from it but it would be a gamble, not a wise investment choice. In ten years I don't think anybody remember this project, just like hundreds of others.
Personally, JITO (JTO) is very promising coins current their airdrop allocation for user only stake their SOL coin with minimum 5 SOL current price around $50 and worth $250 to earn eligible for receiving JITO (JTO) coins. Based on 68,636 stakers participants for receiving JTO coins not all address are eligible because lower minimum 5 SOL for staking many address not receiving JTO coins. I think JTO is very promising Solana network coins have been popular again after PYTH and now have JTO.
For upcoming have new Solana coin network with the same model with JTO as Jupiter or JUP coins, there are have difference eligible airdrop coins but I sure will get the same hype like JTO have been success list on many top exchange with higher price on first time listed.
For upcoming have new Solana coin network with the same model with JTO as Jupiter or JUP coins, there are have difference eligible airdrop coins but I sure will get the same hype like JTO have been success list on many top exchange with higher price on first time listed.
As long as the Solana ecosystem is all the rage, Projects like Jito and Jupiter will attain a good level of success even if the project isn't of the highest quality. If Solana wasn't getting so much attention right now with an increasing value, Jito wouldn't have done so well. I missed out on both Jito and Jupiter but Jupiter team confirmed that this would be the first of 4 airdrop rounds they would have so I might get in on the next one — it reminds me of the OP airdrop.
Personally, JITO (JTO) is very promising coins current their airdrop allocation for user only stake their SOL coin with minimum 5 SOL current price around $50 and worth $250 to earn eligible for receiving JITO (JTO) coins. Based on 68,636 stakers participants for receiving JTO coins not all address are eligible because lower minimum 5 SOL for staking many address not receiving JTO coins. I think JTO is very promising Solana network coins have been popular again after PYTH and now have JTO.
For upcoming have new Solana coin network with the same model with JTO as Jupiter or JUP coins, there are have difference eligible airdrop coins but I sure will get the same hype like JTO have been success list on many top exchange with higher price on first time listed.
For upcoming have new Solana coin network with the same model with JTO as Jupiter or JUP coins, there are have difference eligible airdrop coins but I sure will get the same hype like JTO have been success list on many top exchange with higher price on first time listed.
JITO is the first MEV powered stake pool that allows unlocking liquidity on your staked SOL to use across DEFI while keeping self custody of your funds.
JTO is airdropping about 10% of their token supply to eligible users. While some exchanges also announced the coin listing and I'm sure that millions of dollar in liquidity will be added to DEXs and market. But Currently, JITO has 68,636 stakers in pool, 6,340,192 SOL TVL in pool and 82 Validators.
Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Even though this is the first coin of it kind, does it makes it 100% risk free? When we are making investment, we need to make sure that we put our money on projects that has good liquidity and strong team. Cryptocurrency market is huge and any projects we are putting our money, we need to make sure that it is reliable and have good liquidity. Liquidity is an important part in cryptocurrency projects and that is what differentiate a good project from a bad projects. JTO is airdropping about 10% of their token supply to eligible users. While some exchanges also announced the coin listing and I'm sure that millions of dollar in liquidity will be added to DEXs and market. But Currently, JITO has 68,636 stakers in pool, 6,340,192 SOL TVL in pool and 82 Validators.
Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Tokens like JTO that are get to experience any major market downturn should be thought about carefully before investing in. I know it's public knowledge that liquidity is currently being rotated to solana ecosystem and Jito is one such projects that has benefited heavily from that rotation so anyone thinking of investing would want to strongly consider what would happen when liquidity is rotated to any other ecosystem like Cosmos, Polkadot or back to Ethereum.
This is a critical time because December has always been permaberish as everyone is considering taking profits here and tax thingy comes up afterwards.
Very good points you raised here. Thinking long-term takes precedence when dealing with cryptos like this one. However, in this case, the best strategy just might be daily scalping. And who knows, it could turn out to be a very profitable one when you have CEXs like Bitget rewarding users for trading it on their platform. This is a critical time because December has always been permaberish as everyone is considering taking profits here and tax thingy comes up afterwards.
Tokens like JTO that are get to experience any major market downturn should be thought about carefully before investing in. I know it's public knowledge that liquidity is currently being rotated to solana ecosystem and Jito is one such projects that has benefited heavily from that rotation so anyone thinking of investing would want to strongly consider what would happen when liquidity is rotated to any other ecosystem like Cosmos, Polkadot or back to Ethereum.
This is a critical time because December has always been permaberish as everyone is considering taking profits here and tax thingy comes up afterwards.
This is a critical time because December has always been permaberish as everyone is considering taking profits here and tax thingy comes up afterwards.
Did you not ask yourself where all the liquidity that was channel into solana came from and what is the nature of the project under those blockchain in which the liquidity was pulled from are?
We are all entitled to our opinion but the time has come for solana blockchain to show what it is capable of.
According to your assumption if this liquidity where pulled from either ethereum or bsc it means any projects under these chains are either suffering or about to suffer except this liquidity is fresh from retailers.
Am not very familiar with comos but the huge amount of money airdrop farmers have made from solana, I doubt they will make half that amount from cosmos. So even if liquidity will be rotated to comos, it won't be that much.
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Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Honestly, this is the first time I've heard about the project. However, after looking at the coin market cap and seeing that it has been listed on several top exchanges, this is quite interesting. https://coinmarketcap.com/id/currencies/jito/ I'm not sure yet whether this is the same as other projects where they will experience a significant bullish period after listing but will eventually drop back and no longer want to go up as they just don't. maybe this is just hype and due to the influence of fomo or this project is really good and has potential in the future. But at least it seems like Jito's trading volume is quite good, because it is very large, even though it is experiencing a slight decline at the moment. Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Personally, I'm not interested in this kind of project. maybe because I haven't analyzed it in depth and I prefer to invest in old coin projects that already have fairly strong fundamentals
I am not interested either but they have taken a unique approach to attract the community. They have said that they allocated all the token to the community and which makes it a really interesting one for scalpers. They saw that there weren't any investor or team tokens to dump the market so they just kept pushing the price. I was shocked to see that this token was listed on binance at 0.15$ and was straight up to 1500% from that price. What is driving the price is hype so when it goes away the investor will do the same.
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Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Honestly, this is the first time I've heard about the project. However, after looking at the coin market cap and seeing that it has been listed on several top exchanges, this is quite interesting. https://coinmarketcap.com/id/currencies/jito/ I'm not sure yet whether this is the same as other projects where they will experience a significant bullish period after listing but will eventually drop back and no longer want to go up as they just don't. maybe this is just hype and due to the influence of fomo or this project is really good and has potential in the future. But at least it seems like Jito's trading volume is quite good, because it is very large, even though it is experiencing a slight decline at the moment. Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Personally, I'm not interested in this kind of project. maybe because I haven't analyzed it in depth and I prefer to invest in old coin projects that already have fairly strong fundamentals
Exactly right! That's the link you've got. The market is still bullish, and it appears that those who received the airdrop and quickly sold may now be regretting their decision. I did a quick check and found among KuCoin, Binance who also listed it, I found Bitget offering a substantial prize pool of $4,000 worth of JTO for their event from Dec 7th to Dec 14th (UTC), Seem we have a little more time. Users who deposit or trade at least $50 worth of JTO will receive a 10% rebate from the prize pool. Additionally, those who deposit or trade $100 and above will also receive their share of the prize pool. There is also another category specifically for those who stake Sol. This is one of their event articles I found https://www.bitget.com/support/articles/12560603801812
Tokens like JTO that are get to experience any major market downturn should be thought about carefully before investing in. I know it's public knowledge that liquidity is currently being rotated to solana ecosystem and Jito is one such projects that has benefited heavily from that rotation so anyone thinking of investing would want to strongly consider what would happen when liquidity is rotated to any other ecosystem like Cosmos, Polkadot or back to Ethereum.
This is a critical time because December has always been permaberish as everyone is considering taking profits here and tax thingy comes up afterwards.
This is a critical time because December has always been permaberish as everyone is considering taking profits here and tax thingy comes up afterwards.
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Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Honestly, this is the first time I've heard about the project. However, after looking at the coin market cap and seeing that it has been listed on several top exchanges, this is quite interesting. https://coinmarketcap.com/id/currencies/jito/ I'm not sure yet whether this is the same as other projects where they will experience a significant bullish period after listing but will eventually drop back and no longer want to go up as they just don't. maybe this is just hype and due to the influence of fomo or this project is really good and has potential in the future. But at least it seems like Jito's trading volume is quite good, because it is very large, even though it is experiencing a slight decline at the moment. Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Personally, I'm not interested in this kind of project. maybe because I haven't analyzed it in depth and I prefer to invest in old coin projects that already have fairly strong fundamentals
Not financial advice. People have received $10,000 worth of JITO coins as rewards for staking Solana. Therefore, it's not advisable to buy at this stage. People are currently selling their free coins, so prices may decline further. JITO is a promising investment, but it's recommended to wait for the opportune moment to buy. When the selling pressure subsides, consider purchasing in smaller increments.
Where's that done precisely? I have a sizeable bag of sol and if staking a few can attract more JTO in return. Won't be a bad idea to try. Or who thinks otherwise?
Not financial advice. People have received $10,000 worth of JITO coins as rewards for staking Solana. Therefore, it's not advisable to buy at this stage. People are currently selling their free coins, so prices may decline further. JITO is a promising investment, but it's recommended to wait for the opportune moment to buy. When the selling pressure subsides, consider purchasing in smaller increments.
Where's that done precisely? I have a sizeable bag of sol and if staking a few can attract more JTO in return. Won't be a bad idea to try. Or who thinks otherwise?
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