JTO soars nearly 30% after Upbit announces listing

JTO, Jito’s native token, increased by 30% since Upbit announced that it would list the room based on Solana on February 21 at 2:30 p.m. KST.

According to a recent noticeUpbit will add commercial support for the Jito native token from February 21 at 2:30 p.m. KST. The token will be available for exchanges on the Korean Won market.

Shortly after Bit announced his jito list (UN) The native token increased up to 28%, reaching a price of $ 3.49 according to data of crypto.News. At the time of the press, the token is negotiated at $ 3.17, having dropped by 3.5% in the last hour.

In the past few days, the token has not seen a lot of movement in its price, slightly increasing by 0.92% in last week and 5.48% in the last month. According to Upbit’s opinion, the closing price of the day before for JTO was 4,136 Koreans gained or equal to $ 2.88.

Jito’s trading volume has also experienced a significant increase in the last 24 hours, increasing by 425.5% compared to the previous negotiation day. This indicates that more traders buy and sell the token. JTO has a market capitalization of $ 925 million, just before reaching a billion. Meanwhile, its fully diluted assessments amount to $ 3.2 billion and a circulating offer of 296 million tokens.

The purchase orders for JTO will be limited to approximately five minutes after the start of commercial support. While all types of orders, with the exception of limit orders, will be limited for an hour after the scholarship began commercial support. The prices of sales orders are capped at a minimum of 10% less than the closing price of the day before.

Jito is known as the largest project to act of liquid on Solana, with a TVL of 15.12 million soils or equal to 2.6 billion dollars according to his website. As before reported On January 29, Jito became the third largest crypto project with fees with $ 63 million, only taking Tother (USDT) and Tron (Trx).

Jito launched his native token, JTO, in November 2023 as a regorminal token and to develop liquidity for the Solana -based protocol.