MITO plummeted by 98.6% in the past 24 hours during intense market swings

On SEP 21 2025,

plummeted by 98.6% in just 24 hours, falling to $0.2606. Over the course of a week, MITO declined 767.33%, but over the past month it surged 1317.73%, and in the last year, it rose by 1830.54%.

The abrupt and significant change in MITO’s value was attributed to an unforeseen delisting that took place at the start of the week. Although the asset had previously enjoyed a substantial monthly rally, nearly all of its value evaporated within a day following the withdrawal of trading access from several prominent exchanges. The reason for the delisting was not made public, but the event sparked an immediate liquidity crunch, making it difficult for traders to exit positions, which intensified the sell-off.

MITO underwent a steep decline of 767.33% over the previous week, coming after a month of strong gains totaling 1317.73%. Experts linked the initial surge to heightened activity on the blockchain and speculative buying amid optimistic sentiment. Yet, the correction in the week leading up to the delisting revealed growing investor caution, with increased profit-taking and shrinking liquidity becoming more apparent in the market.

Technically, MITO’s price pattern over the past year has shown significant instability. In the last 12 months, the asset soared by 1830.54%, ranking it among the most volatile performers in the crypto market. This remarkable movement was mainly driven by speculation and a lack of supply controls, creating a market prone to high leverage. As the price navigated various support and resistance points, it became more susceptible to liquidity fluctuations and regulatory interventions.

The pronounced volatility of MITO, especially recently, indicates that its price is heavily influenced by sudden external events rather than stable market drivers. This positions MITO as a very risky and potentially rewarding asset, which may not suit risk-averse investors. The delisting episode illustrates the vulnerability of MITO’s underlying ecosystem and stresses the importance of traders keeping a close watch on risks unique to individual platforms.