Jito jumps 12% but bearish signals in perpetual market cast doubt on sustained rally

Jito (JTO) drops 13.27% as traders reduce risk amid weakening market participation.

Jito (JTO) fell 13.27% with market cap dropping to $226.63 million and trading volume down 11.72%, reflecting cautious trader behavior. Both spot and derivatives markets saw reduced activity, with Open Interest in derivatives falling 20.18%, indicati...