While Shiba Inu (SHIB) is left behind, the majority of investors are investing in a hot coin with great fundamentals and good potential gain. The token is Mutuum Finance (MUTM) that has already sold more than 75% of Phase 6 presale to raise more than $17.95 million. The MUTM token has appreciated 250% from Phase 1 launch at $0.01 to where it stands now at $0.035. Upon completion of the present phase, the token will appreciate by another nearly 15% to $0.04, which is in tune with the project strategy of gradual growth in embracing early adopters. MUTM provides easy lending, borrowing, and yield farming to users, something that SHIB can never possibly emulate. For these investors looking for what to invest in crypto or where to invest in crypto today, Mutuum Finance is a perfect combination of initial growth potential and practical financial innovation that will be ideal for the investor to dump meme coins by 2025.
Shiba Inu (SHIB) Technical Update: Accumulation Signs In A Descending Wedge
Shiba Inu (SHIB) just went through a mammoth 289 billion token exchange outflow, about 1.45% of supply, in a demonstration of continuous accumulation as investors transfer capital from exchanges and eliminate selling pressure from the picture. SHIB technically is trading around $0.000010, forming a falling wedge chart pattern with the bottom support of $0.0000095 and the top resistance of $0.000012. RSI at 37 is showing oversold conditions and short-term bounce potential but inability to reclaim key levels could extend sideways stagnation. While such structural issues continue to plague SHIB, more and more investors are drawn towards newer projects with early-cycle momentum and new DeFi innovation, hoping to get on board projects with better potential for the next cycle of growth in the markets.
Mutuum Finance Surpasses Market Projections
Mutuum Finance MUTM is quickly becoming one of the top upcoming crypto projects Platform adoption has dwarfed initial estimates with more than 17,450 investors in presale and pledging over $17.95 million. The momentum has been quicker than analysts initially projected. Such strong presale momentum positions Mutuum Finance at the head of the class for top cryptos to buy today.
Over 770 million MUTM tokens were allocated in earlier rounds, a decent indication of investor demand and pre-release early liquidity generation to look forward to the platform’s launch on mainnet. Such a success is an indication of ever more holders believing in Mutuum Finance’s roadmap and on establishing real-world utility rather than speculation mania.
How Stable Borrowing Rates Work on Mutuum
Mutuum provides the lender with an option of fixed rates under specific market conditions where cost of repayment is determined. In the event there is an available fixed rate option chosen by the lender, the initial rate is determined on weighted average of current variable rate and other market conditions. While any such fixed rate is above the current variable rate, it is in compensation for the lower risk of future interest rate fluctuations.
Fixed rates are not fixed at all, however; they can be re-set in the event of sudden shifts in market conditions. For instance, in case the current supply rate is less than 90% or less than what will be utilized when all borrows are variable, then the protocol can exchange the borrower’s stable rate with the aim of upholding equity and securing liquidity. Worth noting is that no token can be borrowed stably because very illiquid or volatile assets are very risky.
Mutuum Finance has raised more than $17.95 million from more than 17,450 investors, with phase 6 less than 25% close to selling out. Its initial supporters of its dual-lending P2C and P2P network reap passive income, flexible borrowing, and set up for growth potential in its early stages. Investors who want to learn what is the best cryptocurrency to invest in currently have to move quickly, proceed directly to Mutuum Finance’s official website and purchase your tokens before the final supply vanishes.
For more information regarding Mutuum Finance (MUTM) please use the following links:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
