BITCOIN

₹62,68,415.96

0.102%

ETHEREUM

₹3,24,580.99

0.905%

TETHER USDT

₹93.03

0.032%

BNB

₹55,615.66

0.242%

SOLANA

₹16,571.28

2.931%

USDC

₹92.99

0.017%

XRP

₹54.95

0.506%

DOGECOIN

₹12.40

0.82%

CARDANO

₹39.77

1.94%

AVALANCHE

₹2,964.15

11.028%

TRON

₹12.49

0.229%

SHIBA INU

₹0.001651

2.635%

POLKADOT

₹583.69

1.028%

CHAINLINK

₹1,351.07

1.785%

BITCOIN CASH

₹36,283.57

1.856%

NEAR PROTOCOL

₹575.48

1.563%

LITECOIN

₹6,807.38

0.384%

POLYGON

₹49.94

0.627%

PEPE

₹0.001135

0.787%

INTERNET COMPUTER

₹952.39

0.062%

BITCOIN

₹62,68,415.96

0.102%

ETHEREUM

₹3,24,580.99

0.905%

TETHER USDT

₹93.03

0.032%

BNB

₹55,615.66

0.242%

SOLANA

₹16,571.28

2.931%

USDC

₹92.99

0.017%

XRP

₹54.95

0.506%

DOGECOIN

₹12.40

0.82%

CARDANO

₹39.77

1.94%

AVALANCHE

₹2,964.15

11.028%

TRON

₹12.49

0.229%

SHIBA INU

₹0.001651

2.635%

POLKADOT

₹583.69

1.028%

CHAINLINK

₹1,351.07

1.785%

BITCOIN CASH

₹36,283.57

1.856%

NEAR PROTOCOL

₹575.48

1.563%

LITECOIN

₹6,807.38

0.384%

POLYGON

₹49.94

0.627%

PEPE

₹0.001135

0.787%

INTERNET COMPUTER

₹952.39

0.062%

BITCOIN

₹62,68,415.96

0.102%

ETHEREUM

₹3,24,580.99

0.905%

TETHER USDT

₹93.03

0.032%

BNB

₹55,615.66

0.242%

SOLANA

₹16,571.28

2.931%

USDC

₹92.99

0.017%

XRP

₹54.95

0.506%

DOGECOIN

₹12.40

0.82%

CARDANO

₹39.77

1.94%

AVALANCHE

₹2,964.15

11.028%

TRON

₹12.49

0.229%

SHIBA INU

₹0.001651

2.635%

POLKADOT

₹583.69

1.028%

CHAINLINK

₹1,351.07

1.785%

BITCOIN CASH

₹36,283.57

1.856%

NEAR PROTOCOL

₹575.48

1.563%

LITECOIN

₹6,807.38

0.384%

POLYGON

₹49.94

0.627%

PEPE

₹0.001135

0.787%

INTERNET COMPUTER

₹952.39

0.062%

BITCOIN

₹62,68,415.96

0.102%

ETHEREUM

₹3,24,580.99

0.905%

TETHER USDT

₹93.03

0.032%

BNB

₹55,615.66

0.242%

SOLANA

₹16,571.28

2.931%

USDC

₹92.99

0.017%

XRP

₹54.95

0.506%

DOGECOIN

₹12.40

0.82%

CARDANO

₹39.77

1.94%

AVALANCHE

₹2,964.15

11.028%

TRON

₹12.49

0.229%

SHIBA INU

₹0.001651

2.635%

POLKADOT

₹583.69

1.028%

CHAINLINK

₹1,351.07

1.785%

BITCOIN CASH

₹36,283.57

1.856%

NEAR PROTOCOL

₹575.48

1.563%

LITECOIN

₹6,807.38

0.384%

POLYGON

₹49.94

0.627%

PEPE

₹0.001135

0.787%

INTERNET COMPUTER

₹952.39

0.062%

BITCOIN

₹62,68,415.96

0.102%

ETHEREUM

₹3,24,580.99

0.905%

TETHER USDT

₹93.03

0.032%

BNB

₹55,615.66

0.242%

SOLANA

₹16,571.28

2.931%

USDC

₹92.99

0.017%

XRP

₹54.95

0.506%

DOGECOIN

₹12.40

0.82%

CARDANO

₹39.77

1.94%

AVALANCHE

₹2,964.15

11.028%

TRON

₹12.49

0.229%

SHIBA INU

₹0.001651

2.635%

POLKADOT

₹583.69

1.028%

CHAINLINK

₹1,351.07

1.785%

BITCOIN CASH

₹36,283.57

1.856%

NEAR PROTOCOL

₹575.48

1.563%

LITECOIN

₹6,807.38

0.384%

POLYGON

₹49.94

0.627%

PEPE

₹0.001135

0.787%

INTERNET COMPUTER

₹952.39

0.062%

BITCOIN

₹62,68,415.96

0.102%

ETHEREUM

₹3,24,580.99

0.905%

TETHER USDT

₹93.03

0.032%

BNB

₹55,615.66

0.242%

SOLANA

₹16,571.28

2.931%

USDC

₹92.99

0.017%

XRP

₹54.95

0.506%

DOGECOIN

₹12.40

0.82%

CARDANO

₹39.77

1.94%

AVALANCHE

₹2,964.15

11.028%

TRON

₹12.49

0.229%

SHIBA INU

₹0.001651

2.635%

POLKADOT

₹583.69

1.028%

CHAINLINK

₹1,351.07

1.785%

BITCOIN CASH

₹36,283.57

1.856%

NEAR PROTOCOL

₹575.48

1.563%

LITECOIN

₹6,807.38

0.384%

POLYGON

₹49.94

0.627%

PEPE

₹0.001135

0.787%

INTERNET COMPUTER

₹952.39

0.062%

BITCOIN

₹62,68,415.96

0.102%

ETHEREUM

₹3,24,580.99

0.905%

TETHER USDT

₹93.03

0.032%

BNB

₹55,615.66

0.242%

SOLANA

₹16,571.28

2.931%

USDC

₹92.99

0.017%

XRP

₹54.95

0.506%

DOGECOIN

₹12.40

0.82%

CARDANO

₹39.77

1.94%

AVALANCHE

₹2,964.15

11.028%

TRON

₹12.49

0.229%

SHIBA INU

₹0.001651

2.635%

POLKADOT

₹583.69

1.028%

CHAINLINK

₹1,351.07

1.785%

BITCOIN CASH

₹36,283.57

1.856%

NEAR PROTOCOL

₹575.48

1.563%

LITECOIN

₹6,807.38

0.384%

POLYGON

₹49.94

0.627%

PEPE

₹0.001135

0.787%

INTERNET COMPUTER

₹952.39

0.062%

BITCOIN

₹62,68,415.96

0.102%

ETHEREUM

₹3,24,580.99

0.905%

TETHER USDT

₹93.03

0.032%

BNB

₹55,615.66

0.242%

SOLANA

₹16,571.28

2.931%

USDC

₹92.99

0.017%

XRP

₹54.95

0.506%

DOGECOIN

₹12.40

0.82%

CARDANO

₹39.77

1.94%

AVALANCHE

₹2,964.15

11.028%

TRON

₹12.49

0.229%

SHIBA INU

₹0.001651

2.635%

POLKADOT

₹583.69

1.028%

CHAINLINK

₹1,351.07

1.785%

BITCOIN CASH

₹36,283.57

1.856%

NEAR PROTOCOL

₹575.48

1.563%

LITECOIN

₹6,807.38

0.384%

POLYGON

₹49.94

0.627%

PEPE

₹0.001135

0.787%

INTERNET COMPUTER

₹952.39

0.062%

BITCOIN

₹62,68,415.96

0.102%

ETHEREUM

₹3,24,580.99

0.905%

TETHER USDT

₹93.03

0.032%

BNB

₹55,615.66

0.242%

SOLANA

₹16,571.28

2.931%

USDC

₹92.99

0.017%

XRP

₹54.95

0.506%

DOGECOIN

₹12.40

0.82%

CARDANO

₹39.77

1.94%

AVALANCHE

₹2,964.15

11.028%

TRON

₹12.49

0.229%

SHIBA INU

₹0.001651

2.635%

POLKADOT

₹583.69

1.028%

CHAINLINK

₹1,351.07

1.785%

BITCOIN CASH

₹36,283.57

1.856%

NEAR PROTOCOL

₹575.48

1.563%

LITECOIN

₹6,807.38

0.384%

POLYGON

₹49.94

0.627%

PEPE

₹0.001135

0.787%

INTERNET COMPUTER

₹952.39

0.062%

BITCOIN

₹62,68,415.96

0.102%

ETHEREUM

₹3,24,580.99

0.905%

TETHER USDT

₹93.03

0.032%

BNB

₹55,615.66

0.242%

SOLANA

₹16,571.28

2.931%

USDC

₹92.99

0.017%

XRP

₹54.95

0.506%

DOGECOIN

₹12.40

0.82%

CARDANO

₹39.77

1.94%

AVALANCHE

₹2,964.15

11.028%

TRON

₹12.49

0.229%

SHIBA INU

₹0.001651

2.635%

POLKADOT

₹583.69

1.028%

CHAINLINK

₹1,351.07

1.785%

BITCOIN CASH

₹36,283.57

1.856%

NEAR PROTOCOL

₹575.48

1.563%

LITECOIN

₹6,807.38

0.384%

POLYGON

₹49.94

0.627%

PEPE

₹0.001135

0.787%

INTERNET COMPUTER

₹952.39

0.062%

Home

/

Coins

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Jito

JTO

Jito

JTO

₹260.49

LIVE

24H Low ₹250.45

24H High ₹260.68

Price of JTO today

The current live price of JTO today is ₹260.49, with a 24-hour trading volume of ₹4,38,15,39,974.58. Our JTO to INR price is updated in real-time. JTO has seen a decrease of -0.43% in the last 24 hours. With a live market cap of ₹31,75,71,45,332.07 , the circulating supply is at 123,708,742 JTO coins, with a maximum supply of 1,000,000,000JTO coins.

Jito Price History

Date ComparisonAmount Change% Change
Today₹1.58

0.61%

7 Days₹64.08

32.61%

30 Days₹29.20

12.62%

1 Year₹0.00

0%

Jito Price Information

Price Change (1hr)

1.32%

Price Change (24hr)

0.61%

Price Change (7d)

32.61%

Jito Market Stats

Market Cap

₹31,75,71,45,332.07

Fully Diluted Market Cap

₹2,56,70,89,82,466.06

24hr Volume

₹4,38,15,39,974.58

18.83%

Circulating Supply

123708742.2 JTO

Total Supply

1000000000 JTO

Things to know about Jito

What is Jito (JTO) token?

Jito (JTO) is a governance token for the Jito Network, which is a part of the Solana ecosystem. The Jito Network provides non-custodial liquid staking services, allowing users to stake their SOL tokens and receive JitoSOL in return, which represents their staked SOL plus any accrued staking rewards. The network utilizes a Solana validator client, Jito-Solana, to optimize block production and maximize validator rewards through MEV (Maximal Extractable Value). JTO token holders can participate in decision-making processes that shape the network’s future, including setting fees for the JitoSOL Stake Pool, updating delegation strategies, and managing the DAO treasury.

Tokenomics

The tokenomics of Jito (JTO) is designed to support the growth, governance, and sustainability of the Jito Network within the Solana ecosystem. The total supply of JTO tokens is capped at 1 billion. The distribution of these tokens is allocated as follows:

  • Airdrop:

  • 20% of the total supply, equating to 200 million tokens, is allocated for airdrops. This includes 100 million tokens for Solana validators, 50 million tokens for JitoSOL holders, and 50 million tokens for users of Jito’s MEV services.

  • Core Contributors:

  • 24.5% of the total supply, or 245 million tokens, is allocated to core contributors. These tokens unlock over three years, with a 1-year cliff.

  • Ecosystem Fund:

  • 15% of the total supply, or 150 million tokens, is dedicated to the ecosystem fund.

  • Treasury:

  • 40% of the total supply, or 400 million tokens, is reserved for the treasury.

  • Staking Rewards:

  • 10% of the total supply, or 100 million tokens, is allocated for staking rewards.

  • Investors:

  • 16.2% of the total supply, or 162 million tokens, is allocated to investors. These tokens unlock over three years, with a 1-year cliff.

  • Community Growth:

  • 34.3% of the total supply, or 343 million tokens, is allocated for community growth. This includes a 10% retrospective airdrop to Jito community members and the remaining 24.3% controlled by DAO governance on the Realms platform.

Market Data

As of today #{today’s date}, the price of Jito is ₹260.49 INR or 2.801 USD, with a 24-hour trading volume of 47113333.06 USD. The market capitalization for Jito is 341474680.99USD. The circulating supply is 123708742.2 Jito, with the total supply also being 1000000000 Jito.

Token Pros and Cons

Pros:

  • Governance Participation:

  • JTO token holders can influence the direction and policies of the Jito Network.

  • Liquid Staking Rewards:

  • Users can earn staking rewards without locking up their SOL, maintaining liquidity.

  • MEV Rewards:

  • JTO enables earning additional MEV rewards through its liquid staking model.

  • Decentralization:

  • Staking with Jito helps decentralize the Solana network by spreading stake across multiple validators.

  • Network Efficiency:

  • Jito’s software aims to make Solana run more efficiently, potentially leading to a better user experience.

Cons:

  • Market Volatility:

  • As with all cryptocurrencies, JTO is subject to market volatility which can lead to price fluctuations.

  • Regulatory Risks:

  • Changes in cryptocurrency regulations could impact the Jito Network and JTO token.

  • Technical Risks:

  • The Jito Network relies on technology facing unforeseen issues or vulnerabilities.

  • MEV Controversy:

  • MEV can be controversial as it involves optimizing block production, which some may view as unfair or risky.

  • Competition:

  • Jito faces competition from other liquid staking solutions and governance tokens within the Solana ecosystem and beyond.

Why Should You Invest in the Coin?

  • Innovative Staking Solution:

  • Jito offers a unique liquid staking solution that includes MEV rewards, which could attract users and validators.

  • Governance Power:

  • Investing in JTO provides the power to vote on important decisions within the Jito Network.

  • Potential for Growth:

  • As the Solana ecosystem grows, Jito’s role in optimizing validator rewards could lead to increased demand for JTO.

  • Community Involvement:

  • The Jito Network emphasizes community involvement and decentralized decision-making, which can lead to a more robust and user-aligned platform.

  • Ecosystem Development:

  • Jito is actively developing its infrastructure to scale Solana, which could lead to long-term benefits for token holders.

USP of the Coin

  • MEV-Powered Staking Rewards:

  • Jito is the first liquid staking solution on Solana that includes MEV rewards, setting it apart from competitors.

  • Decentralized Governance:

  • JTO token holders have a direct impact on the network’s governance, which is not always the case with other tokens.

  • Jito-Solana Validator Client:

  • The Jito-Solana client aims to minimize negative MEV effects while maximizing benefits, offering a unique approach to block production.

Problem the Coin is Solving

Jito addresses the issue of liquidity in staking by allowing users to stake their SOL while still maintaining access to their funds for use across DeFi. It also aims to improve network efficiency and validator rewards through its MEV-powered staking model, which could lead to a more optimized and profitable Solana ecosystem.

Founder and Team Background

The founder of Jito Labs, the company behind Jito (JTO), is Lucas Bruder.

ICO Price

Jito (JTO) was launched differently, without an Initial Coin Offering (ICO). Instead of conducting an ICO, Jito opted for an airdrop strategy to distribute its governance token, JTO, to the community. This approach was chosen to empower community members and provide them with a direct say in the network's decision-making processes. The airdrop was initiated based on the amount of SOL (Solana) staked on the Jito platform, specifically in stake pools, and also included validators running the Jito-Solana client, MEV searchers, and traders leveraging Jito Network's on-chain programs.

Risks Associated in Investing in the Coin

  • Market Risk:

  • Cryptocurrency markets are highly volatile, and JTO’s price could be subject to significant fluctuations.

  • Regulatory Risk:

  • Changes in regulations could adversely affect the Jito Network and the value of JTO.

  • Technical Risk:

  • Any technical failures or security breaches could impact the network’s performance and token value.

  • MEV-Related Risk:

  • The concept of MEV is complex and controversial, which could lead to challenges in adoption and perception.

  • Competition Risk:

  • Jito operates in a competitive space with other liquid staking solutions, which could affect its market share.

Summary of the Whitepaper

The whitepaper of Jito (JTO) has yet to be published.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

9300

0%

JTO to Converter

Quantity

JTO

JTO

Price

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Price as per 08:25 PM • 21 Jul 2024

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What is the price of Jito (JTO)?

The current price of Jito (JTO) in INR is ₹260.49 INR.

What is the current JTO market cap?

The current market capitalization of Jito (JTO) is ₹31,75,71,45,332.07 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of JTO by the number of coins in circulation.

What is the current supply of Jito (JTO)?

The current supply of Jito (JTO) is 123708742.2 JTO. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Jito (JTO)?

The 24-hour trading volume of Jito (JTO) in INR is ₹4,38,15,39,974.58. This figure represents the total value of all JTO transactions across various exchanges within the last 24 hours.

How to Buy Jito (JTO) in India?

To buy Jito (JTO) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in JTO.

Can I buy Jito (JTO) with UPI?

Yes, you can buy Jito (JTO) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Jito (JTO) to Indian Rupee (INR)?

To convert Jito (JTO) to Indian Rupee (INR), you can use our JTO/INR conversion rates in real time.

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