In an exciting development, Binance has unveiled its latest initiative, marking the 34th HODLer Airdrop, which introduces the innovative Mitosis (MITO) coin. This new Layer 1 protocol is designed to unify fragmented liquidity and empower asset utilization across various blockchain networks at the same time. Binance has detailed eligibility for the airdrop, specifying that users who hold BNB coins in their Simple Earn and On-Chain Yields products from August 3 to 7, 2025, will qualify to receive MITO coins.
When Will MITO Be Accessible?
Participants eligible in this airdrop will find MITO coins credited to their accounts a minimum of one hour before trading initiation on Binance. On August 29, 2025, MITO will debut on the platform, with trading set to commence at 18:30. Investors will have the opportunity to trade MITO against USDT, USDC, BNB, FDUSD, and Turkish Lira. Deposits for MITO will be open starting 14:30 on the same date and will carry a special “seed tag” upon listing.
What Changes Accompany the MITO Launch?
The transition of MITO from Alpha Market trading to Binance’s main market signifies a strategic move aiming to tap into a wider pool of investors by offering spot trading. Consequently, MITO will no longer be a part of the Alpha rating.
Binance has provided key metrics for MITO coin circulation and distribution. The total and capped supply is established at 1 billion coins. The initial airdrop will release 15 million MITO, equaling 1.5% of the total supply, to users. Furthermore, 5 million coins are earmarked for marketing efforts, and 5 million are held for release post-listing. Additionally, another installment of 15 million coins is scheduled for market release six months later.
At the time of listing, MITO’s circulating supply will be 181,273,082 coins, representing 18.13% of the total quantity, as per Binance’s data insights.
Key considerations for potential investors and stakeholders include:
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Initial airdrop allocation of 15 million MITO.
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Total of 25 million coins reserved for marketing and immediate post-listing availability.
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Future release of additional 15 million coins to occur in six months.
The Mitosis coin launch on Binance highlights significant potential for widening asset access on various networks. The strategic move to integrate MITO into the main market underscores Binance’s ambition to broaden its offerings and continue evolving its trading platforms.
“The launch of Mitosis on our main market reaffirms our commitment to offer innovative and wide-ranging trading options to our users,” said a representative from Binance.
