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Jto surges 28.8% in a single day on massive volume and volatility expansion
- Solana-based liquid staking token Jto surged on May 20, reversing its recent downtrend with a massive breakout.
- The token's price jumped 28.8% to $0.5262 on trading volume that was 2.33 times its 30-day average, while its 14-day volatility expanded 3.42 times.
- This sudden surge signals a powerful return of buyer interest, bringing the asset within 11.7% of its 90-day peak.
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Supporting queries
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Conclusion
JTO-USD closed at $0.5262 on May 20, up 28.82% from $0.4085 on May 19. May 20 volume was $137,400,880 vs a 30-day average of $58,839,445 (2.33x). Its 14-day daily return standard deviation rose from 4.26% in the prior period to 14.56% (3.42x). Calculated using daily price and volume records from @coindesk.indices.coindesk_spot_price.