Decentralized Finance (DeFi) tokens, including Jito (JTO), Morpho (MORPHO), and Convex Finance (CVX), rank among the top-performing crypto assets over the last 24 hours. Jito dips on Wednesday after rallying 22% the previous day on the launch of a new mainnet node. Mopho holds near its 200-day Exponential Moving Average (EMA) at approximately $1.50, while Convex Finance extends higher toward a key resistance trendline. 

Jito takes a breather after a bullish spike

Jito surged 22% on Tuesday on the launch of its new mainnet node. However, the 50-day EMA capped the intraday gains, reflecting the downside bias. The declining downside slope of the 50-day and 200-day EMAs reaffirms the prevailing bearish bias. 

At the time of writing, JTO is…