Is it advisable to invest in JITO (JTO)? - page 4.

Iamcrypticguy

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Quote from: Cryptoababe on December 07, 2023, 11:50:39 AM

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?

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.

Velemir Sava

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I think this should be observed carefully before you enter and join the token even though JTO sends around 10% of their token supply to users who meet the requirements as you said above. Because unexpected things can happen at any time, especially if you don't monitor this matter properly.

Publictalk792

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I never heard about this platform.
The number of people who staked their tokens and the total value token lock in the pool is important thing to receive token airdrop I think so. There are 68,636 stakers and 6,340,192 SOL tokens locked in the pool which I think a good number.
I think you should compare this project to others and make an analysis that which is better one. When you reach to any conclusion so you should choose the right path. Because your money is yours. So you should research first and than you should invest.

Tipstar

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Quote from: Cryptoababe on December 07, 2023, 11:50:39 AM

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?

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.

JeffBrad12

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Quote from: tvplus006 on December 07, 2023, 05:53:21 PM

Quote from: Cryptoababe on December 07, 2023, 11:50:39 AM

...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.

considering that there are many that also got from airdrop, expect the coin to have some waves of dumps, it seems the airdrop rewards was quite good as well that I think it might affect the price for people that just trying to invest, but if someone observe the market of JITO from the time it got listed if they entry at the price point of $1 they already make so much profit considering that I was also there when it hits $1 due to people instantly dumping the coins, nevertheless the airdrop was indeed crazy just staking few grand and you got 50 grand for free, definitely looking forward to some other similar airdrop in the future.
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.

TastyChillySauce00

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Jito was crazy airdrop. The smallest airdrop participants received about 15k USD at least. This is the minimum airdrop. I have seen someone who was capable enough in receiving 38k JITO which was worth more than 100k at this moment.
It's worthy enough to buy when it was dumping less than 2 dollars at this moment. I have been buying some almost 1 thousands of JITO and i have staked it into the vault. I have heard that if kamino will be doing airdrop as well.

The bullish trend has become the golden momentum for the club to launch their tokens. This is so crazy. Everything has been preparing to launch their tokens. I hope that something big to happen soon.

I have been getting lots of money but i wanna get some airdrops too. Sad i didn't even know about this. I hope that everything is going to happen soon.

tvplus006

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Quote from: Cryptoababe on December 07, 2023, 11:50:39 AM

...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.

batang_bitcoin

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Is this the one that's currently added on Binance? Hmmm, I am missing a lot and don't look at the updates a lot and whatever the projects are now.
I think that the craze is still there if the project is new and there will be more of them soon. If you think that you can take advantage of this moment and there will be an airdrop that's going to be distributed to all of its holders, then you place the money that you think that's going to be nice there.

Sophokles

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Quote from: Cryptoababe on December 07, 2023, 11:50:39 AM

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?

Airdrops like this are usually formed to get the community attention. If you want to invest in this project then make sure you have checked their business model and roadmap. If they are distributing a lots of free token to the community and rewarding with their token for farming and liquidity by providing incentives then their business model needs to generate enough money to hold the sell pressure. A new project like thats price should not be fall drastically otherwise, investors will turn away and if they have a good plan to develop much better methods to generate revenue for the project and build usecase for the token then investor will hold their bags till the update has been done to maximize their profits.

MAAManda

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Quote from: Cryptoababe on December 07, 2023, 11:50:39 AM

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?

I'll skip the answer for Governance Token, as that's speculative, let's just wait & let the official announcement answer that. Moving on to the second question for "is it advisable to invest in this coin?". We all know that apart from Bitcoin, it's all rubbish that will slowly be eroded by new hype. So, my advice if you want to invest in JITO (JTO), it would be better if you just ride the wave that will occur in the short term. Don't stay too long in an Altcoin Grin

.

Bushdark

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I believe you have enough information to decide on what you want and what you don't want. If you participated in the airdrop and you still want to push forward to buy some holdings since it is already launched, that would be a good move and you can make some good profits from buying and holding whether for a long time or short time, just keep that to yourself. You need to do further research so you can understand more about the project. You can decide to join the community so that you can see what's going on there and make a proper decision.

tajimas

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I don't think it's advisable to invest in JTO now since it's just been listed on Binance few hours ago, why not wait for it to retrace back to it's original point to avoid heavy loss on your fund, JTO is really a unique of it's kind project built on Solana Blockchain which really is a great factor for it's sustainability.

Quote from: Bitstar_coin on December 07, 2023, 01:03:35 PM

Between Coinbase is listing JTO tomorrow as well as other top exchange.

Coinbase and Binance remains the top exchange that always listed promising assets so far, meaning JTO has passed every criteria to be listed on other exchange as well.

jacafbiz

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Quote from: Cryptoababe on December 07, 2023, 11:50:39 AM

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?

You are talking as if you are here because of the Tech, if you want to make money, I will advise you invest in anything promising in the bull market, just look at the performance of the last two hyped Airdrops, Celestia and Pyth, they both do very well in the market. There is a reason why Coinbase decided to list from the first day, they must think it is going to do well in the market

Bitstar_coin

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Why not, look at how Tia and Pyth has performed after listing and airdrop to the community. I think it will not be a bad idea to invest a little amount on JTO but the only thing you should consider is when to buy. Although the amount of eligible wallet is not much compare to other airdrop but it is still possible there will be many sellers which can affect the price in a short period.
My advice is you should put it on your watch list, monitor it and find an entry point. Between Coinbase is listing JTO tomorrow as well as other top exchange.

cryptoaddictchie

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Quote from: Cryptoababe on December 07, 2023, 11:50:39 AM

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.

rhomelmabini

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Quote from: Cryptoababe on December 07, 2023, 11:50:39 AM

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?

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.

Cryptoababe

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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?

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