Posted 12/7/2023, 11:22:41 PM
Jito Airdrops $225 Million in Tokens to Solana Users in Highly Anticipated Promotion
- Jito airdropped $225 million worth of tokens to Solana users as part of a highly anticipated promotion
- The JTO token opened at $6.01 according to CoinGecko, valuing the full 90M token airdrop at over $500M
- Over 54M of the 90M total airdrop tokens have already been claimed so far
- There was some criticism that the airdrop rewards did not properly enrich whales proportional to their Jito use
- The airdrop comes on the heels of other major Solana ecosystem drops like Pyth Network's $77M+ token giveaway