Jito (JTO), a Solana infrastructure token, surged 40% this week, reaching $0.78 and approaching the key $1 level. This marks a 4x increase since its February low of $0.2. Analysts are optimistic about further upside, expecting a potential 3x gain as the platform prepares to launch JTX Trade in July, a trading platform similar to Hyperliquid that will direct 80% of its fees to buybacks of JTO tokens. The success of this launch could drive significant buying pressure, but a drop below current support levels could negate the bullish outlook.

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Jito token leads Upbit's greed index with a 2% price rise amid selective crypto risk appetite in Korea.

Jito (JTO) token rose about 2% on Upbit, topping the platform's greed index with a score of 85, signaling concentrated liquidity and selective risk appetite in Korea's crypto market. Despite overall market volatility, Jito showed strong buying intere...

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Bullish

4 hours ago

Jito (JTO) surges 40% this week, nearing $1 ahead of July's JTX Trade launch with potential for further gains.

More News (JTO)

Jito token leads Upbit's greed index with a 2% price rise amid selective crypto risk appetite in Korea.

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Jito (JTO) surges 40% this week, nearing $1 ahead of July's JTX Trade launch with potential for further gains.

More News (JTO)

Jito token leads Upbit's greed index with a 2% price rise amid selective crypto risk appetite in Korea.

Invest & Trade with#1 Award-Winning Investment Super App

iOS App Store

Google Play Store

Invest & Trade with
#1 Award-Winning Investment Super App