#MITOBinanceWalletTGE The MITO token of Mito Finance was launched on Binance through a TGE (Token Generation Event), which is the first time a token goes public. For beginners, this means that the token was available for purchase on the Binance exchange, a significant event that often generates a lot of interest and volatility in the initial price.
A TGE on a large platform like Binance provides a project like Mito with great visibility and liquidity. The price can rise significantly at first due to buyer enthusiasm, but it can also fall quickly as early investors sell their tokens to take profits. It is crucial to understand that, although the launch platform is prestigious, the token price can be very volatile, especially at the beginning.
In summary, the MITO TGE on Binance was a key event that attracted attention to the project, but its initial price experienced the typical fluctuations of a new launch.