INSANE Jito Labs' JTO Pumps to $3 a Token
Despite a $450 million market cap and signs of a slowdown, trading activity remains robust.
BrianDespite a $450 million market cap and signs of a slowdown, trading activity remains robust.
BrianFunctioning as the governance token for Jito, a Solana blockchain-based project, JTO holds significance as the second-largest decentralised finance (DeFi) venture on Solana.
DavinIt's crucial to note that 50% of the token allocation is available at genesis, with the remaining 50% unlocking gradually over 12 months, vesting from the Token Generation Date.
BrianJito Labs allocates 100 million JTO in an airdrop, with 80% designated for JitoSOL users holding at least 100 points. Validators receive 15%, and MEV searchers get 5%. Core contributors are excluded from the airdrop.
BerniceThe alpha version of Taro will make it possible to create peer-to-peer Bitcoin and Lightning-native stablecoins.
CoindeskGordon Goner has warned of a possible attack after receiving "credible information" from Twitter insiders who will help bypass social media account security.
Cointelegraph