The shorts thought $JTO was done.
Then came a 28% rally to $0.7177, blasting through key resistance on massive volume. The move was fueled by growing excitement around the Jito ecosystem, from token buybacks and BAM expansion to the upcoming JTX trading app.
As buyers piled in and shorts rushed to cover, JTO quickly became one of the market's biggest movers.
Is this the start of a larger trend, or just a short squeeze?