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MITO Sees 37.74% Surge in 24 Hours Driven by Robust Momentum

MITO Sees 37.74% Surge in 24 Hours Driven by Robust Momentum

Bitget-RWA2025/09/19 00:18
By:CryptoPulse Alert

- MITO surged 37.74% in 24 hours on Sep 18, 2025, with a 1605.58% weekly gain. - Analysts attribute the rally to strong on-chain activity, institutional interest, and bullish technical indicators like RSI and MACD. - Active wallets rose 83%, transaction values up 121%, and network hash rate increased 17% in 10 days. - A new smart contract module improved transaction speed and gas fees, boosting network throughput and user adoption.

On September 18, 2025, MITO experienced a remarkable 37.74% jump in value within a single day, finishing at $0.265. Over the last week, the token soared by an astonishing 1605.58%, with its monthly gain standing at 1530.13% and its annual growth reaching 2052.56%. This rapid upward momentum has captured the attention of both crypto analysts and investors, many of whom credit the surge to increased on-chain activity and a resurgence of institutional confidence in the token’s core infrastructure.

The latest price developments point to a robust accumulation period, marked by a tighter trading range and heightened buying momentum. Important technical metrics, like the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), are now showing overbought signals, which may indicate that the bullish momentum could persist. Experts highlight that the RSI has consistently held above 60 for multiple sessions, reflecting ongoing strength. The MACD histogram has also continued to rise, signaling intensifying bullish sentiment.

On-chain data further reinforces the positive outlook. In the past week, the count of active wallets jumped by 83%, while the average transaction size grew by 121%. These statistics point to a wider range of participants joining in, implying that the price rally is not just the work of a handful of large stakeholders. Additionally, the network’s hash rate has climbed 17% over the previous ten days, suggesting enhanced network security and greater adoption—factors that could be fueling the price upswing.

The impressive gains seen by MITO have also reignited interest in its wider ecosystem. Earlier this month, the project revealed it had successfully launched a new smart contract module, designed to speed up transactions and lower gas costs. Although there was no immediate market reaction to this news, the upgrade has since led to higher network capacity and improved user experience, which could attract more users to the platform.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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