Jeeto the Squito is the native cryptocurrency of the platform Jeeto, which is a significant contributor to the Solance blockchain ecosystem. JeetoSOL, a part of the Jito Network offers a liquid staking pool and other decentralized tools.
The project is promoted by the Jeeto Foundation and it acts as a validator client which fosters a competitive market MEV extractions.
This article will serve as a comprehensive guide to the newly launched Jeeto The Squitto token. Here, I will explain the major aspects of the token, including its token economics, past market performance, and future price predictions. In the concluding sections, you can also find information about where and how you can buy the token.
Let’s jump in without any further ado.
Jeeto Key Features
| MEV Capture | Jeeto emphasizes capturing MEV to reduce the traffic on the Solana network and improve the yield on staking. |
| Governance | Jeeto The Suito acts as the native utility token on Jeeto which serves as a token for voting rights and the default medium of exchange. |
| Airdrop Events | In the initial airdrop of Jeeto The Squito, the tokens were distributed to eligible users, including community members, validators, and MEV searchers. |
Jeeto The Squito (JEETO) Tokenomics
Jeeto the Squito has a total supply of 989.987 million tokens. The maximum supply is capped at 1 billion JKEETO. We don’t have data on how many tokens are already in circulation.
Jeeto The Squito (JEETO) Past Performance
Jeeto The Squito token was launched just today, at an opening price of $0.00046. Right after the launch, the token gained some traction and peaked at $0.00065.
At the time of writing, the Jeeto The Squito token is priced at $0.000588, which is 0.62% down from an hour ago. The token makes up a market capitalization of 584k with a low 24-hour trading volume of $36k.
Jeeto The Squito (JEETO) Price Forecast
As mentioned above, Jeeto The Squito was launched only today and we do not have enough historical data to make reasonable predictions about the future prices of the token.
Where to Buy Jeeto The Squito (JEETO)?
At the moment, you can buy Jeeto The Squito token from Jupiter only. However, the team is planning to expand the list to more decentralized exchanges. However, the team currently doesn’t have any plans to make CEX listings.
How to Buy Jeeto The Squito (JEETO)?
You can follow the steps below to buy the Jeeto The Squito token from Raydium.
- First, set up a digital wallet that offers support for the Solana blockchain. Metamask is a good choice here.
- Now, go to the Jupiter website and connect to your MetaMask wallet. Top it up with some USDT stablecoins.
- Go to the website homepage of Jeeto The Squito and hit the ‘buy’ button. You will be redirected to the Birdeye website.
- Navigate to the Jupiter widget on the Birdeye website and swap the USDT stablecoin in your wallet for the JEETO token.
Conclusion
As the native utility token of Jeeto, Jeeto the Squitto is an important crypto token in the Solance ecosystem. The platform offers plenty of nity tools for developers on the Solana network.
The token’s performance has been satisfactory, given the very little time since it has been listed. Though we cannot give concrete predictions at the time, our analysts are bullish about the token’s future performance.
However, owing to the recent Bitcoin halving event, which is pumping up the crypto market, JEETO shows great potential. Nonetheless, this article should not be taken as a buy signal for the token.
Crypto assets remain highly volatile and are highly susceptible to market fluctuations. As always, do not invest with borrowed money or use leveraged instruments.
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