Jito Finance token surges 11% driven by TVL growth and bullish perpetual market flows.
Jito Finance's token has risen approximately 11% recently, supported by a sharp increase in Total Value Locked (TVL) reaching $768.78 million and strong Q3 revenue momentum. Positive inflows in the perpetual market and moderately bullish funding rates are supporting this rally. However, three consecutive days of selling in the spot market indicate that some investors are taking profits, which could put pressure on prices if this trend continues. $JTO
Jito Finance's token has risen approximately 11% recently, supported by a sharp increase in Total Value Locked (TVL) reaching $768.78 million and strong Q3 revenue momentum. Positive inflows in the perpetual market and moderately bullish funding rates are supporting this rally. However, three consecutive days of selling in the spot market indicate that some investors are taking profits, which could put pressure on prices if this trend continues. $JTO