#BTC #JTO #ETH.

Good morning, Mulan friends!

Binance’s newly launched token JTO exploded as soon as the market opened, directly reaching 4.9. This project originated from the SOL ecosystem, and its full name is JitoSOL. Its core function is to provide liquidity staking on the SOL chain. You can compare it to LiDo in the Ethereum ecosystem. The project allows users to stake SOL in exchange for the token JitoSOL. At the same time, the project entrusts users' pledged SOL to MEV (miner verification earnings), allowing users to obtain MEV earnings.

JTO is the community governance token of the project, with a total circulation of 1 billion and a current circulation of 100 million. It is worth noting that 10% of the total token supply will be used for early airdrops, and the airdrops will be released within 18 months from the token minting date. This means that 5.55 million tokens will be released every month in the future.

Regarding the question of whether JTO can be purchased on Binance, I personally recommend remaining cautious. What I often say is that no matter how good a project or token is, if you can't buy it in a suitable position, you can only watch others make money. For example, if you buy Bitcoin at 69,000 US dollars, others are making money at this time, but you are still trapped, which will be very embarrassing.

Therefore, I personally suggest that when JTO is first listed on several larger exchanges such as Binance and Coinbase, there will be a lot of attention and enthusiasm, and there may be more bubbles. It is recommended to wait for the market to stabilize before entering the market. After all, the current K-line has just started, the technical aspect has temporarily lost its dependence, and other aspects have also lost its reference value. Although the project itself is a good project, we still need to be cautious about possible bubbles.

In this emerging field, the JitoSOL project undoubtedly has great potential. It combines the advantages of POW workload proof and POS equity proof to provide users with a new staking experience. By entrusting the pledged SOL to MEV miners to verify the income, users can obtain additional income. This model not only enhances the value of SOL tokens, but also further promotes the development of the SOL ecosystem.

The launch of the JitoSOL project has attracted widespread attention and heated discussions. As a new project of the SOL ecosystem, its emergence has injected new vitality into the entire ecosystem. At the same time, the project is supported by Coinbase, which also provides more guarantee for its future development.

However, investing always requires caution. Although the JTO project has great potential, there are also risks. Especially for projects that have just been launched, it is an indisputable fact that they are hot and frothy. Therefore, I personally recommend that investors should fully understand the project information before investing, do a good risk assessment, and avoid blindly following the trend.

In short, the launch of the JitoSOL project undoubtedly brings new opportunities and challenges to the SOL ecosystem. Investors need to maintain a rational and cautious attitude when facing this emerging field. At the same time, you must also trust your own judgment and not be swayed by short-term fluctuations. Only in this way can we go further and more steadily on the future investment path.