$MITO was only delisted from Binance Futures, while its spot listing is somehow still there. Binance has really been merciful.
Every time the project team unlocks tokens, they send them straight to exchanges to dump. A project listed on Binance Spot has had its market cap hammered down to just $4 million—and they still haven’t finished dumping.
The craziest part is that the circulating market cap keeps increasing, yet the price has been crushed this badly. Who can withstand that kind of selling pressure?
Put simply, if the project team itself doesn’t care about the market, why should anyone else have confidence in it?
If they keep playing it this way, it’s only a matter of time before the spot listing gets removed too. If you’re holding this coin, you should really think carefully.
Every time the project team unlocks tokens, they send them straight to exchanges to dump. A project listed on Binance Spot has had its market cap hammered down to just $4 million—and they still haven’t finished dumping.
The craziest part is that the circulating market cap keeps increasing, yet the price has been crushed this badly. Who can withstand that kind of selling pressure?
Put simply, if the project team itself doesn’t care about the market, why should anyone else have confidence in it?
If they keep playing it this way, it’s only a matter of time before the spot listing gets removed too. If you’re holding this coin, you should really think carefully.