Jito price

Rushed to $Switch @switchboardxyz with community friends, this coin is currently debuting on Binance Alpha, review our investment logic: 1. Narrative: Ai + defi + Oracle A multi-chain, permissionless, decentralized, millisecond-level performance oracle protocol with core applications that use TEE hardware to enhance data privacy, integrity, and security; 2. Core product - Surge: Solve the pain points faced by the current market (1) Stronger security: the hardware TEE architecture is used to ensure the security of the reception protocol and trading platform, and at the same time, it can also strengthen the privacy and security of data from the source; (2) Meet the efficient requirements of AMM protocols: Surge solves the problem of not only meeting decentralization and low cost, but more importantly, it can achieve millisecond-level data transmission, which can better meet the requirements of AMM protocols for speed and reliability; (3) Meet the high requirements of on-chain transactions: It is the only oracle of Oracle AMM on SOL, and the Surge sub-second price update meets the AMM's ability to match centralized exchange prices in real time and narrow spreads. 3. Bright data: (1) Support the application of more than 50+ dapps, ensuring a cumulative on-chain value of more than 5B funds, and providing infrastructure for more high-frequency trading, hedge funds, and DeFi protocols. (2) Wide coverage, including 7 mainstream public chains, and deep integration with more than 50 partners such as Jito, Drift, GMX, Kamino, Fragmetric, etc., to achieve a comprehensive layout of cross-chain, wallet, DEX and Oracle AMM; 4. Team background: The core members come from Google and Circle members, with rich web3 experience and @hermidao1 @TheOracle5000 network resources of major manufacturers 5. Regarding financing: a total of 11m financing Seed round of financing of 3.5M, led by Lemniscap, with participation from well-known institutions such as Solana Foundation, Aptos, Mysten Labs, and Starkware; Series A financing of 7.5m, led by Tribe Capital and RockawayX; The financing amount is relatively large, in addition, they are all invested by senior investment institutions in the currency circle, and have received investment from well-known project parties in the currency circle, indicating that the product has been recognized by peers; 6. Economic model: high control Total issuance 1 billion, TGE circulation 100 million, accounting for 10% Among them: Ecology 26% Early Contributors 25% Team23% Incentives 16% Community 10% gave Binance 1% of the chips, most of which were locked; FDV $139 million, MC $23.7 million; Compared with the $pyth FDV of 1.7 billion US dollars and the MC of 1.2 billion US dollars on the same track, there is still a lot of room for growth! Listed on Binance Alpha+Kucoin+BG spot; Overall: the project track is good + meets the commercial application + Binance alpha has opened an upward channel, which should be expected of Binance contracts! Secondary DCA buy-in! Wait for Binance Futures!