$MITO
Mitosis (MITO) coin as of today, August 29, 2025:
💰 1. Price & Market Performance
· MITO is trading around $0.25–$0.29 , with significant volatility. It surged ~10% in the past 24 hours but remains ~40% down from its all-time high of $0.3179 (reached today) .
· Market cap is approximately $51M–$57M, with a circulating supply of 181.27M MITO (18.13% of max supply) .
📈 2. Binance Listing & Airdrop Impact
· MITO debuted on Binance today (15:30 UTC) with trading pairs (USDT, USDC, BNB, FDUSD, TRY) and a "Seed Tag" .
· A 15M MITO airdrop (1.5% of supply) was distributed to BNB holders, boosting initial liquidity and visibility .
⚖️ 3. Tokenomics & Supply
· Total supply is 1B MITO, with allocations for ecosystem growth (45.5%), team (15%), airdrops (10%), and investors (8.76%) .
· Vesting schedules prevent immediate dumping, but unlocks over 2–6 years could impact future supply pressure .
🔥 4. Key Drivers & Outlook
· Strong backing: Raised $7M from investors like Amber Group and Foresight Ventures .
· Innovative utility: Aims to solve cross-chain liquidity fragmentation via Ecosystem-Owned Liquidity (EOL) .
· Short-term volatility is expected due to the new listing and airdrop claims. Technical indicators show mixed signals .
💎 In summary:
MITO shows promise due to its Binance listing and innovative DeFi use case, but high volatility and gradual token unlocks warrant caution. Monitor trading volume and ecosystem adoption for future trends.