Solana’s price may still hold strong in the altcoin market, but the volatility of its price movement this week has made most traders wonder if it still offers considerable upside this season. This new trend of investor behavior is shifting focus on the rapidly growing cryptocurrency called Mutuum Finance, which currently finds its presale campaign at Phase 6, completing over 95% of its progress with more than 18,110 investors and over $18.85 million raised. Having a price of $0.035, this new cryptocurrency with its algorithm that offers lending and borrowing on the blockchain makes it the top crypto with the potential of breaking out with more upside potential than Solana this season. Mutuum Finance is also being regarded as the best crypto to buy for investors seeking early-stage growth opportunities.
Solana Struggles to Find a Bottom as Downward Pressure Builds
Solana (SOL) continues to remain under immense pressure with not even a definitive local low visible yet as the price action remains well within the floor of $118-$138. Market analysts believe that further movement toward the floor of $118 cannot be ruled out yet. If that happens, the price could potentially open the next major floor zone of the price action at the levels of $90-$81. Given that the micro-resistances remain unbroken on the lower timeframe frames too, the sell force remains strong; thus, traders are being cautious with the price action of Solana (SOL) ahead of the definitive shift that could happen. This uncertain environment of the price action of Solana (SOL) could make investors go ahead with alternative blockchains beyond the well-established altcoin options.
Roadmap of Mutuum Finance from Vision to Market Entry
Mutuum Finance’s roadmap is clearly laid out with a definite structure of three phases that are incrementally designed with an approach that brings the system gradually but surely close toward the development of a completely functional and secure platform required by the marketplace. This makes MUTM the best crypto to buy for those seeking early exposure in DeFi.
Step 1: Introduction of Mutuum, Setting the Foundation
The first step of development, entitled “Introducing Mutuum,” aimed at building the foundations of the new initiative. Major tasks involved the successful launch of a presale event and the creation of an early buzz regarding the new initiative. To further involve the target group of investors and users of MUTM, various giveaway events were rolled out. Security and transparency were other major considerations at this point. An external inspection of the MUTM contract was conducted on the platform as an affirmation of its integrity.
Step 2: Building the Defensible Product-Market Foundation of Mutuum
The second phase entitled “Building Mutuum” took an approach that aimed at the development of the platform’s technical structure. This entailed the development of the central smart contract system of the platform as well as the development of the interface of the decentralized application of the platform. At this point, the company initiated advanced functionalities on the platform and performed internal and external contract audits of the smart contract.
Additionally, the company designed the system’s analysis tools meant to monitor and evaluate the behavior of users on the platform to aid decision-making. This development stage aimed at developing a secure platform with an interface that could enable the next development stages of the project, further establishing MUTM as the best crypto to buy in early 2025.
Phase 3: Completing the Mutuum Project
The third and final step entitled “Finalizing Mutuum” deals with preparing the platform so that the final product can hit the markets smoothly. Some of the very crucial tasks that need to be accomplished during this step are setting up the system of reporting bugs, the development of the environment on the testnet called the beta environment, and a demo environment that lets new users sample the platform directly on their computers.
This step will also complete the infrastructure contract negotiations and the creation of complete documentation and guidelines on the projects that are being undertaken at this point. This will culminate with the completion of the final token sale event that will precede the official launching of the platform on the markets with the potential of being the next major top crypto.
Solana ranges between the levels of $118-$138; however, the price of MUTM skyrockets. Phase 6 ends with sales of 90% and raising funds of over $18.85M with the participation of more than 18,110 investors at a price of $0.035. Phase 7 goes up at the price of $0.040; thus, early investing proves valuable, making Mutuum Finance the best crypto to buy this week.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
