Best Altcoins to Buy Now as Wall Street Embraces Crypto 

Source Cryptopolitan

A new generation of altcoins is taking its turn in the spotlight as the Wall Street appetite toward new cryptos grows. Led by Mutuum Finance (MUTM), an up-and-coming decentralized lending protocol that is causing some splash with its innovative dual lending strategy the market is gearing up for a run. Today, Stage 6 of the MUTM presale is taking place and costs $0.035. Solana (SOL) still portrays a healthy network usage, and the emergence of new participants but MUTM is attracting attention owing to its ability to transform the crypto-backed lending markets. 

Solana (SOL) Holds over $200 Above Institutional interests

Solana (SOL) is strong after breaking above $200 on growing investor adoption. Recent collaborations and staking action have solidified its ecosystem and future spot ETF applications can further increase its visibility should they be approved later this year. Analysts believe that sustaining momentum in the above trading range may be the gateway to a trend toward the $250 to $300 price levels. However, short-term declines are possible as traders take profits. Meanwhile, investor interest is slowly moving to other upcoming decentralized finance initiatives like Mutuum Finance.

Stage 6 Presale Live supported by Mutuum Finance (MUTM)

Mutuum Finance is already a part of the DeFi community and has more than 16,100 investors and more than $15.45 million in presale. The project is also operating a $50,000 USDT Bug Bounty Program to improve security on the platform and to further encourage community engagement, which has rewards allocated to four risk tiers, such as critical, major, minor, and low. 

Interest Rate Models 

When money is abundant, rates are kept low in MUTM; when money is scarce the rates are raised, attempting to make borrowing costly; or, in other words, to push those who had borrowed to make payments. This works well in maintaining a strong protocol while best-serving users. 

Mutuum Finance Enriches Security

Mutuum Finance is applying strict parameters to each asset it supports to make sure it has a high risk profile, including supply, borrowing limits and even collateral limits. The protocol can more readily withstand market volatility via overcollateralization of positions and stabilize undercollateralized positions via incentivized liquidators. The deposits and borrowing restrictions will restrain exposure to illiquid or risky assets and, therefore, restrain insolvency risks. Correlated assets can have greater collateral efficiency and high-risk tokens are limited in the collateral available to them.

Mutuum Finance Makes a Giveaway Gamified

As part of a $100,000 giveaway, ten lucky investors will be walking away with $10,000. This makes the existing investors, as well as new investors more enthusiastic about the platform.

Among the most interesting altcoins as Wall Street continues to increase its exposure to crypto is Mutuum Finance (MUTM), which is competing on an equal footing with Solana (SOL) due to its novel model of decentralized lending. Stages 6 tokens are pre-sale priced at $0.035, and have raised over $15.45 million and 16,100+ investors in board, both good news. The price of SOL will not fall below $200, and may increase to $250-$300 should institutional momentum persist, but MUTM has a more aggressive growth curve with its two lending protocols, $50,000 bug bounty, and $100,000 giveaway to increase community participation. The project is designed to be scaled and secure with risk controls like overcollateralization and dynamic interest rates. Enter Stage 6 in advance to be guaranteed entry before the following price increase.

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.
placeholder
OpenAI Introduces Lowest-Cost ChatGPT Subscription in India with UPI Payment OptionOn Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
Author  Mitrade
Aug 19, Tue
On Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
placeholder
S&P 500 and Nasdaq Futures Climb on Google Ruling Amid Tariff ConcernsS&P 500 and Nasdaq futures climbed modestly on Tuesday evening, fueled by strong gains in Alphabet Inc. after a court handed down a less stringent antitrust ruling than initially feared.
Author  Mitrade
Sept 03, Wed
S&P 500 and Nasdaq futures climbed modestly on Tuesday evening, fueled by strong gains in Alphabet Inc. after a court handed down a less stringent antitrust ruling than initially feared.
placeholder
Australia’s Trade Surplus Reaches 18-Month High in July Driven by Export GainsAustralia’s trade surplus expanded more than anticipated in July, primarily fueled by robust export activity as demand for commodities in key Asian and European markets showed slight recovery during the month.
Author  Mitrade
Sept 04, Thu
Australia’s trade surplus expanded more than anticipated in July, primarily fueled by robust export activity as demand for commodities in key Asian and European markets showed slight recovery during the month.
placeholder
Asian Currencies Flat as Dollar Softens Amid Labor Market and Fed Rate-Cut FocusMost Asian currencies slipped slightly on Thursday as the U.S. dollar recovered some of its overnight losses, driven by increasing market confidence that the Federal Reserve will reduce interest rates this month due to ongoing signs of labor market cooling.
Author  Mitrade
Sept 04, Thu
Most Asian currencies slipped slightly on Thursday as the U.S. dollar recovered some of its overnight losses, driven by increasing market confidence that the Federal Reserve will reduce interest rates this month due to ongoing signs of labor market cooling.
placeholder
Bitcoin Climbs to $111.5K as Altcoins Struggle Ahead of Payroll ReportBitcoin saw a modest rise on Friday, buoyed by gains across risk-sensitive markets as investors awaited the release of U.S. nonfarm payrolls data.
Author  Mitrade
Yesterday 08: 12
Bitcoin saw a modest rise on Friday, buoyed by gains across risk-sensitive markets as investors awaited the release of U.S. nonfarm payrolls data.
goTop
quote