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Can JTO charge when it opens tonight? Let’s see how KOLs evaluate it

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Maybe it’s true that “Solana is for the poor”

BlockBeats Message, on December 7th, according to data from the options trading platform Aevo, the JTO futures price is currently reported at $0.884, with a 24-hour increase of 28.87% and a 24-hour trading volume of $131,276. The current open interest is $139,233.

On the early morning of December 5th, Jito, a liquidity staking protocol on Solana, announced the distribution details of its 100 million governance token JTO airdrop. JitoSOL users will receive 80% of the airdrop allocation (80 million JTO), Jito Solana validators will receive 15% (15 million JTO), and Jito MEV searchers will receive an additional 5% (5 million JTO). In addition, Coinbase will add support for Jito (JTO) on the Solana network.

The JTO airdrop application window will open at 0:00 on December 8th Beijing time, and any eligible airdrop recipients can receive JTO tokens within 18 months. Currently, users can verify their eligibility by verifying their Solana wallet address, and once the airdrop is live, they can initiate the JTO token claim process on the official website.

Community has made various assumptions about the opening price and market value of JTO. BlockBeats has compiled different perspectives as follows:

@pikachu_crypto: Anything below $1 may have a chance to double

Total circulation is 115 million, all used for airdrops. If we compare $SOL:$JTO to $ETH:$LDO based on their circulating market value, where $ETH:$LDO is 270 billion: 2 billion, then the market value of $JTO corresponding to SOL's 26 billion should be around 200 million.

Therefore, if $JTO is traded at $1, the initial market value will be 1 * 1.15 hundred million = 115 million.

From the chart, it appears that the additional supply increase up until 2025 is very small. Please note that this is a typical low-volatility sol project.

Investors and core team have a 1-year cliff and will begin unlocking from 2025.

Coinbase has announced its listing, and perhaps other platforms will follow suit.

TLDR: Anything below $1 may have a chance to double, the rest depends on the Solana community.

"Original Link"

花费较少时间获得更高收益

translates to

Get higher returns with less time and money spent

@Anichorex: The circulating supply of Jito is approximately 115 million. The supply of Pyth is around 1 billion, and its market value has reached 500 million to 300 million US dollars. This means that if Jito performs similarly, we may see each token worth 3 to 5 US dollars. Pricing 6964 tokens at 20,000 to 34,000 US dollars.

However, you don't need to struggle or blindly follow the founder to get these tokens.

@ponzirespecter: If the transaction price of Jito approaches the price of Aevo tomorrow, it will completely change the pattern of airdrops.

Tens of thousands of token holders compete for insignificant airdrops using complex setups on Layer 2, while someone who simply holds LST tokens for a short amount of time can receive more rewards than them.

@0xjaypeg: The jito airdrop may be a 65x opportunity for you

For those who hold smaller positions, the jito airdrop may be a 65x opportunity for you. Here is a detailed analysis:

· September 14th marks the beginning of the points accumulation.

· During the week of September 14th, the price of 2 jitoSOL was less than $40.

· If you purchased and held 2 jitoSOL on or before October 5th, you will be eligible to receive $4941 worth of JTO tokens.

· At a fully diluted valuation (FDV) of $250 million, which is 25 cents per JTO token, you could have earned $1235.

· If the market value reaches 500 million US dollars, you will earn 2470 US dollars.

` And you still have $130 from 2 jitoSOL.

(1235 + 130) / 40 = 34.125 times return

(2470 + 130) / 40 = 65 times return

It is obvious that jito is legitimate, and attention should be paid to other upcoming protocols. Although the attention may be higher, progress may not be as easy as before, but there are still many good opportunities.

As of the time of writing, the amount of JTO obtained per point for a level 1 wallet is 4400 times greater than that of a level 10 small wallet. From this airdrop, those with level 1 wallets benefit the most. I think the statement "Solana is for the poor" may be true.