I have a website that is tutor.com.bd. It is an online tutoring site hosted from somewhere else. Now I want to take a droplet in digital ocean like standard droplet and want to move here. I want to add jitsi meet with it. my visitors are 100 at once, at most. Of them, 50 can be on video conference. Daily conference duration is 5 hours (not continously). my budget is low.

Is it possible to install jitsi meet in a standard droplet?
Which one would be best for me?