Solana (SOL) Flashes Bull Signal as it Eyes $220, But Mutuum Finance (MUTM) is Gaining Bigger Whale Interest

Source Cryptopolitan

Mutuum Finance (MUTM) is gaining some attention as investor wallets continue to orbit its ecosystem, indicating that a market sentiment rearrangement is on the way. Though Solana (SOL) is demonstrating a bullish technical indicator, with its focus on the $220 price as it continues to see steady interest among investors, the true story is happening around the whale acquisition and network growth of Mutuum Finance.

 Mutuum Finance is in Phase 6 of presale and token price has been fixed at $0.035. Phase 7 will raise the price by 14.29% to $0.04. Up to now, this project has received over 15.45 million dollars and over 16,100 investors.

Solana Trades Consistently and Market Waits to break out

Solana (SOL) is trading at $203.98 and moving intraday between $201.16 and $208.78. The Bitcoin is performing fairly well with traders awaiting a potential trend to the resistance of $220 that may herald further increase in the price once broken. Although its recent price movement is indicative of a normal trading pattern, analysts also indicate the possibility of short-term pullbacks before a significant rally is achieved. In the meantime, other nascent DeFi initiatives such as Mutuum Finance start receiving more and more market attention.

Official Bug Bounty Program

Mutuum Finance together with CertiK is providing up to $50,000 as a bounty to white hackers who can find vulnerabilities in the code base of the project. The program covers four aspects of severity like critical, major, minor and low and improves security and protection of the investor and the user.

Liquidity and interest Model Models

The dynamic interest rate model via the platform is used to achieve the liquidity equilibrium. An increase in sentiment at low-rate will increase borrowing and an increase in supply at low-rate will increase repayments and deposits. Borrowers can also start the loan on fixed rates, which are normally high relative to the floating rates and can be adjusted in case of a major change in the market. It is only the stable rates of the very liquid assets that can be borrowed.

The Future Trend is Decentralized Lending

Users in Mutuum Finance (MUTM) retain full control of their holdings. The accessibility of cash by borrowers and ecosystem rates enhance efficiency and sustainability of ecosystems within the system in order to ensure automatic acquisition of diversified assets.

Bend Lending, Dual-Lending Structure

The dual-lending structure of the project means users can rely on smart contract-driven lending or direct lending, P2C and P2P respectively. Since P2C is actively studying the market environment to pay interests, borrowers can easily borrow at a reasonable rate and pay interest to the investors with the smart contracts. P2P lending means participating parties do not have to rely on a third party. High-risk assets like Shiba Inu or other meme coins are more suitable with this model. 

Solana (SOL) is looking to make a jump to $220 as Mutuum Finance (MUTM) attracts big whales. Tokens in Stage 6 are valued at $0.035, and in Phase 7 the value will increase 14.29 percent to $0.04. There is high demand in the project which has raised more than $15.45M and has brought more than 16,100 investors on board. Mutuum Finance is a yield-centric, secure, and scalable DeFi lending platform supported by a $50K CertiK bug bounty and a two-purchase-two-peer (P2C) and two-peer-peer (P2P) lending model. Get your tokens now.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://mutuum.com/

Linktree: https://linktr.ee/mutuumfinance

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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