invezz40d ago
Jito (JTO) has accelerated its rebound in the past 24 hours, trading to intraday highs above $0.68. The uptick comes amid a drawdown for Bitcoin and top altcoins, which means buyers may look to take profits. But why is JTO price outpacing peers? Why is the JTO price surging? As noted, Jito’s native token, JTO, has delivered a standout performance over the last 24 hours. The cryptocurrency’s gains have seen it lead the top 100 coins by market capitalization, putting the JTO token well ahead of Bitcoin and other leading altcoins. The cryptocurrency rose to $0.68, fueled by a staggering 183% spike in daily trading volume. Although it has since moderated slightly to trade below $0.60, likely due to profit-taking,...