Jito (JTO) is a cryptocurrency launched in 2023and operates on the Solana platform. Jito has a current supply of 999,999,758.26054665 with 311,142,622.2 in circulation. The last known price of Jito is 2.35237363 USD and is up 6.29 over the last 24 hours. It is currently trading on 293 active market(s) with $76,370,388.53 traded over the last 24 hours. More information can be found at https://www.jito.network/.
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TL;DR Jito has proposed a tokenomics model that includes token buybacks and fee redistribution to strengthen the ecosystem and increase JTO's value. New mechanisms like “Buyback and Barter” and “Real Yield Gauges” are introduced to optimize incentives for token holders. While not yet official, the proposal has sparked significant debate within the JitoDAO community.