MITO (Mitosis) rose 12.54% in the last 24 hours.

Gate News Bot news, on November 28, according to CoinMarketCap, as of the time of publication, MITO (Mitosis) is currently priced at $0.10, with a rise of 12.54% in the last 24 hours, peaking at $0.10 and dropping to a low of $0.07. The current market capitalization is approximately $185,000, an increase of nearly $20,700 compared to yesterday.

Recent important news about MITO:

1️⃣ Mitosis ecosystem continues to expand The Mitosis project has made significant progress in the DeFi space, introducing new liquidity mining programs and cross-chain bridging features, which have greatly enhanced the interoperability of the ecosystem and user participation. These initiatives have effectively stimulated the demand for the MITO token, becoming one of the main factors driving the rise in price.

2️⃣ Technical upgrades optimize network performance The Mitosis team has completed an important technical upgrade that significantly enhances the network's transaction processing speed and scalability. This upgrade not only improves user experience but also strengthens Mitosis's technical advantage in the fiercely competitive blockchain market, providing strong support for the value of the MITO token.

3️⃣ Community Governance Proposal to Optimize Token Economic Model The Mitosis community has passed an important governance proposal aimed at optimizing the token economic model. The new proposal includes adjustments to the inflation rate and the introduction of a token buyback mechanism, which are expected to improve the long-term value storage function of MITO and enhance investor confidence.

From a technical perspective, MITO has broken through the previous resistance level and is currently showing a strong upward trend. However, considering the high volatility of the cryptocurrency market, investors should remain cautious and closely monitor market changes.

This message is not intended as investment advice; investors should be aware of market volatility risks.