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Jito Airdrop Stuns

The Solana-native liquid staking protocol launched its token today
Jack Inabinet Jack Inabinet Dec 7, 20231 min read
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market analysis Jito Airdrop Stuns

Solana airdrop season did not come to play games. The heavily anticipated JTO token from Solana-native liquid staking protocol Jito launched this morning. Disciples of the Bankless Airdrop Hunter woke up with thousands of dollars worth of the new token; some claimants are walking away with 6-figure airdrops 🤑

At a fully diluted valuation (FDV) of $2B, Jito, a protocol some describe as the baby of Ethereum heavyweights Lido and Flashbots, is on the verge of persistently flipping the former of these parentals, valued at $2.5B, as it did during the illiquid opening minutes of its launch.

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Jack Inabinet

Written by Jack Inabinet

277 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business and remains based out of the Seattle area.

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