This is great, the Mitosis token (MITO) has just shown outstanding performance with a surge of 4.75% in just 24 hours! This increase is driven by strong technical signals and solid support from its community. However, behind the noise of the price surge, MITO holds a significant challenge that should be watched: 82% of its token supply is still locked and could potentially be released to the market in the future.
Imagine Mitosis like a genius engineer building a high-achievement bridge. This protocol serves as the backbone of cross-blockchain liquidity, uniting capital in the fragmented DeFi ecosystem. The key to its efficiency lies in the miAssets technology and its sophisticated modular architecture.
From the chart side, the bullish signal is very strong. Technical indicators like EMA show a healthy upward trend, and the MACD line also provides confirmation of the positive signal. This triggers optimism and buying action from short-term traders.
However, this beautiful story has a dark side. In fact, most of the MITO supply is still stored in locked warehouses. This situation is like a ticking time bomb that could explode and create massive selling pressure if those tokens are eventually released to the market. Coupled with high leverage levels, the volatility risk for MITO remains real and cannot be taken lightly.
So, what’s the conclusion? Although Mitosis has strong technology fundamentals and is enjoying green momentum, as smart investors, we must keep our eyes wide open to the large supply risks lurking behind the scenes.
