Mitosis (MITO) TGE: Another Exclusive Club Party

I've been watching this crypto game long enough to see the same patterns repeat. Now they're dangling another token in front of us - Mitosis (MITO) - but only if you've collected enough of their precious "Alpha Points." 248 points just to be eligible? And then 15 more to actually participate? Give me a break.

It's always the same story with these token generation events. They create artificial scarcity, making us jump through hoops for a chance at what will probably be yet another overhyped project. The two-hour window they're giving us is laughably short too - clearly designed to create FOMO and panic buying.

Looking at Mitosis itself, they're promising to be this revolutionary L1 network for "programmable liquidity." Sure, solving DeFi liquidity problems sounds nice in theory, but how many times have we heard similar promises? These platforms always claim to "redefine" something while mostly repackaging existing ideas.

The comment section is telling. People complaining about needing more Alpha Points and the first-come-first-served model. One optimist is already talking about "buy and hold for high profits" - the same naive thinking that gets rekt when these tokens dump after launch.

What they don't advertise is how early investors and team members will likely get preferential allocations, leaving retail traders fighting for scraps. And with BTC already above 110,000 USDT and ETH crossing 4,000 USDT according to their own news feed, I wonder if this is just another distraction to keep small players occupied while the real money moves elsewhere.

I might still try to get in, but let's not pretend this is anything but another exclusive party where the VIPs have already taken the best seats.