Big Airdrop Shared by Solana Jito Network with Early Adopters: JTO Rises by 88%
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Big Airdrop Shared by Solana Jito Network with Early Adopters: JTO Rises by 88%

Posted on by Anna

Big Airdrop Shared by Solana Jito Network with Early Adopters: JTO Rises by 88%. Daily news 8th December

Big Airdrop Shared by Solana Jito Network with Early Adopters: JTO Rises by 88%

As Jito Network gives early adopters a significant JTO airdrop, Solana Community celebrates: Price of JTO surges by 88%
Jito Network’s big airdrop has caused its token, JTO, to soar by 88% to a record high of $3.18, much to the delight of Solana’s ecosystem. Jito’s airdrop prevented a price drop because of consistent trade worth more than $1 billion, in contrast to other airdrops where tokens are frequently quickly sold off, driving down the token’s value.

An attractive cryptocurrency token is Jito Network’s token, which supports Solana through its JitoSOL staking pool and MEV products. JitoSOL can be switched from Solana SOL, which keeps JitoSOL liquid and profitable.

The early Jito stakers were the fortunate ones to receive the airdrop; this sparked discussion in the Solana community about the early stakers’ profits from the airdrop and the rise of the token. Like Ethereum and Binance Smart Chain did with their initial airdrops, Solana is closing out the year strong. Given Jito’s accomplishments, Solana could end the year even more victorious.

In the last day, Solana’s price increased by 13.85%, outperforming both Bitcoin and Ethereum.

big airdrop shared by solana jito network with early adopters jto rises by 88

Cumberland has continued to mint stablecoins

Cumberland has continued to mint stablecoins to push up market prices causing $ETH and altcoins to pump 🙈🙈

5 hours ago, #Cumberland used p2p to buy 50M $USDT from Tether: Tresury and transferred to #Coinbase, #Kraken

Immediately after the above $USDT amount was listed on the exchange by #Cumberland, the price of $ETH and Altcoin immediately pumped, this shows that the $USDT amount was used by them to collect goods and push up the price.

#Cumberland is one of the teams that has largely contributed to pushing the price of $BTC up from 36k-44k over the past 2 weeks and it seems they are starting to gradually shift their focus to $ETH

What will happen when #Cumberland will push $ETH and Altcoin 😗😗

big-airdrop-shared-by-solana-jito-network-with-early-adopters-jto-rises-by-88

The Other News

The market is still stable, there is a slight beat of memecoin and the Solana system is causing fomo with a series of airdrops, $JTO airdrops average $15K/wallet for qualified people. Maybe Solana will continue to attract customers in the coming days!

  • $JTO – Jito will list a series of Binance + Bybit + Kucoin + MEXC + Bitget exchanges. If you use Solana regularly, check the airdrop.

  • $RON – Impossible and Ronin cooperate to launch Ronin Launchpad to publish Web3 games
  • EigenLayer is adding 6 new LSTs and increasing staking limits

+) 6 LSTs include: Swell, ankr, stakewise, binance, stader, origin

→ Signs of accumulation for the LSDFi trend

  • Taiko introduces Based Contestable Rollup (BCR): A multi-proof rollup design.

+) 7,094 wallet builders, 191,715 on-chain accounts and 2,510 contributors of Namada

+) Anyone who uses the Cosmos system or donates to ZK projects on Github will easily win

+) Claim deadline is December 28

  • Bitcoin Layer 2 x.TAI will sell OG Pass, holders will share 50% of protocol revenue. But the price is so sour!

Explore latest news here: FMCPAY News

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