Topic: Is it advisable to invest in JITO (JTO)? - page 3. (Read 572 times)
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.
You should have made some profits by now. I was able to buy little yesterday also and I've been able to make little profit. Although, I took all and hoping to see another entry. Hopefully I won't miss out. Also, with the trading volume I've seen on coingecko and the exchanges it listed on, I think JITO isn't ready to go down for now.
Still holding Ive got some little bags from yesterday purchase. Its still has upside in my opinion since there is a lot of protocols that still accept it for liquid staking. Anyway will still hold until my target price. Hopefully the market continue to be bullish as it is until the bitcoin halving. Did you sold your tokens already? 
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?
Jito could be a good investment but this is not the right time. The price has been hyped due to listing on popular site while airdropped users are likely to dump their coins on the hype. Let other buyers take up the supply. The price drop that follows would be the best time to invest as a lot more people would have bought the coins at higher price. It has rose like 100% in a day, let the price come below $1.2 to buy it.
...And is it advisable to invest in this coin?
How much it is advisable to invest your money in this coin, we will be able to find out only after some time. But I would refrain from buying a coin that has grown by 8000%. Of course, the price could continue to rise, but I think the price will have to correct after such a pump. That's when it will be possible to consider buying a JTO.
but if i were to invest, i would never invest in these coin with so much airdrop rewards at initial phase, need to wait until people dumps the coin then it will be safer to invest.
There's been speculation of JTO price going up. Maybe people who got the airdrop or asking where to stake or trying to accumulate more. There's still Platforms with huge reward pool for users who trade on their Platform. I'm watcing to see it follow after pyth and Tia
Is it was available just recently. However, could people buy it presale and if so how much was the cost and what was the max amount you could buy?
There was no presale for $JTO. 
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.
@cryptobabe it's good you were able to make profit but I'd agree with cryptoaddictchie here, anything above $1 is overpriced. This is pure hype.
@cryptobabe it's good you were able to make profit but I'd agree with cryptoaddictchie here, anything above $1 is overpriced. This is pure hype.
How did people buy JITO for 54 dollars? Was this in the IPO or something? I heard people could have early access to these coins so is that what you mean? It doesn't show $54 in the historical price though.
What was the JITO price for people who could buy it before it was available on gemini? How would someone be able to even buy it?
What was the JITO price for people who could buy it before it was available on gemini? How would someone be able to even buy it?
Is it was available just recently. However, could people buy it presale and if so how much was the cost and what was the max amount you could buy?
I can buy any altcoin amount best equivalent to the amounts I've and now I can easily watch out for projects do shoots to the moon without pity. Mind you, not everyone wants to follow the trends, because they've witnessed the present and past mistakes. Buying on pre-sale would have done a whole lots of good because earning gigantic profits depends now and not wait for the project to get listed on Bidget before buying it. Investors that invested in JTO when it was as $54 bucks are currently in deep loss because the overhyped coin have dump so hard and some of these investors portfolio must have been liquidated.
Is it was available just recently. However, could people buy it presale and if so how much was the cost and what was the max amount you could buy?
best entry was when it is iniitally listed that it hits $1.5 i think beyond that you should be careful knowing that this coin has fair amount of airdrop that might affect the future growth of the coin but it seemed everyone has dumped their airdrop anyway so maybe you could just make entry but anything beyond $3 with this coin i would refrain from investing, since there are gonna be upcoming new alts that might be worth to invest more.
I personally have bought at $1.5 and I think i will hold for long term, not that I have made significant entry at that price point though I should've.
but the thing with new coins like these are, its just waiting for it to reach the all time high eventually in the future, if market keeps bullish, this coin might reach $60 but thats just speculation at the end of the day.
I personally have bought at $1.5 and I think i will hold for long term, not that I have made significant entry at that price point though I should've.
but the thing with new coins like these are, its just waiting for it to reach the all time high eventually in the future, if market keeps bullish, this coin might reach $60 but thats just speculation at the end of the day.
It's also worth knowing that only 10% of the total supply was airdropped to users plus the listing on major cex like Binance and Bitget with some events created more exposure for the token.
I think thats the only circulating as of now and all VCs or other release tokens arent freed yet and has a long vesting period. With its marketcap, I think the upside is still on considering its a solana based project that are hype now. Precisely a good entry would be at $1 or even below. Too bad I didnt have the airdrop, but did entry for some quite amount. Maybe profit a bit would do as it goes up. You should have made some profits by now. I was able to buy little yesterday also and I've been able to make little profit. Although, I took all and hoping to see another entry. Hopefully I won't miss out. Also, with the trading volume I've seen on coingecko and the exchanges it listed on, I think JITO isn't ready to go down for now.
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.
I was able to make little profit with my JTO purchase yesterday. And seems the chart is now balanced
Although, I'm not getting carried away with this current chart. I'm only looking for a better entry.
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?
Not sure about that but since its new theres plenty of upside to every new projects. Well airdroppers will likely sold but take a look on tia upscale. It hit $10 above after few weeks. I think jito could be at that level if the market continue considering a lot of users or whales would trade it. But of course its risky. Its up to you mate, if you have high risk apetite. Its total supply is same with tia the difference would be seen on execution. I thought as much. I also compared the total supply with TIA but I later realised that they have different usecase or maybe function. But with the current support it gotten by this coin. Seems its better I keep an eye on it more before putting more money.
Always NFA, by the way it's already trading on Binance and up a 1000% and I think they are already announced it that they're airdropping it so yeah there will be a token airdrop. Not advising on anything, you should be responsible on it and do some proper research. Everything right now is going up and what I just can advise is don't FOMO or go all in unless you can afford to lose it.
Hmmm. Although I bought some at 1.9 usd and made little profit. I felt like I FOMO at first but I didn't. You are right anyways.Hopefully, I will be able to make more right entries.
Do you think these amount of stakers and TVL are enough to have governance token airdrop? And is it advisable to invest in this coin?
Jito official token JTO listing totally different from other big projects. Usually when new projects launch, Team announced listing exchanges and time before 10 days. In these 10 days they attract many investors and make so many partnerships with exchange. Jito announced token listing very late(just 2 hours before listing).
JTO is very good project and it can perform just like TIA Calestia but patience is required. I think almost all Airdrop token already sold and now true buyers are active in buying selling. unfortunately I lost because of my bad luck otherwise it is very good project and was a good opportunity when it dumped to 1.5$. Now price surges to 3.5$ and I am waiting for 10$ and hope it will rise once again.
My lost in Jito story
https://bitcointalk.org/index.php?topic=5477079.new#new
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 researched JITO on Coingecko https://www.coingecko.com/en/coins/jito, and I found that in general his trading volume is around 1.1 billion dollars, but in every exchange where it is listed the lowest, I have seen that his trading volume is around 56 million dollars, which is not bad.
Then in Binance, the trading volume is around 109 million dollars, and it seems that it has just been listed on the Binance exchange. It seems that it is okay, and it is also the first time that it will face a bull run. Maybe I should observe first to drop or retrace its price value. I think it looks okay to me.
It's also worth knowing that only 10% of the total supply was airdropped to users plus the listing on major cex like Binance and Bitget with some events created more exposure for the token.
I think thats the only circulating as of now and all VCs or other release tokens arent freed yet and has a long vesting period. With its marketcap, I think the upside is still on considering its a solana based project that are hype now. Precisely a good entry would be at $1 or even below. Too bad I didnt have the airdrop, but did entry for some quite amount. Maybe profit a bit would do as it goes up.
It depends on the criteria and parameters you look out for before investing in a coin but looking at JTO ranking on CG, it currently have a FDV of over $2.8B and ranked 151 hence it's a token worth investing in. It's also worth knowing that only 10% of the total supply was airdropped to users plus the listing on major cex like Binance and Bitget with some events created more exposure for the token.
It is already up by 1800 plus percent and I am certain there would be profit booking on cards. Whenever a token or a coin is pumping, then it is not the right time to invest. I think 0P should wait for now as it is not the right time. Let it go down a little go down and then you should take a position. Due to the hype and trending it is pumping so much. Avoid it for now would be my recommendation. Don't forget to do your own research before you take any investment decision.
I think the OP will also do his own research on this cryptocurrency. Personally, I have not had the luck to receive an airdrop from the project and have no plans to seek profit with this new cryptocurrency. Although I also admit that the hype and the MM behind it can definitely push it to higher prices, getting back to the issue of investing is not always as simple as seeing people pay a lot of attention. It is the risk/return with the investment, perhaps if the plan is clearer about capital and target time, it will bring a clearer view. From a positive perspective, I think the period of global price increases is getting closer and closer, so accumulating and waiting for more time is completely feasible, imo to expect big profits.
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