Cardano (ADA) Aims to Rally 50% Next, But This Altcoin Will March from $0.035 to $1 Before It Happens

Source Cryptopolitan

Cardano (ADA) is making headlines again now that analysts have their eyes set on the goal of a 50% rally, yet focus could soon be taken from it and diverted towards Mutuum Finance (MUTM), a viral DeFi lending and borrowing protocol. Mutuum Finance is now worth a token price of $0.035 and is getting popularity from investors that need higher returns on investment. 

The project’s presale has surpassed $15.8 million and has over 16320 supporters. While ADA has a bright future, Mutuum Finance is positioning itself to achieve a much sharper curve, with projections indicating a breakout move to $1. Mutuum growth depends on useful functionality, with real-life applications that may lock in humongous market share prior to ADA’s next upward momentum.

Cardano Price Update and Forecast

Cardano (ADA) presently trades at $0.92, its 24-hour traded range is presently between around $0.91 and $0.95. ADA has held above current support levels, and short-term trending would anticipate possible resistances at $1.05-$1.10 if buying pressure resumes. 

ADA growth in the next cycle looks muted, with 5-10x possible gains. However, Mutuum Finance is viewed by investors as a stronger bull run bet.

Mutuum Finance Presale Buzzes

Round 6 presale of MUTM shows that the project is trusted by most of the investors. It has already raised more than $15.85 million and has had more than 16320 holders. Investors who will be investing during this round will be able to make huge gains when the token will go live for trading. Apart from the presale, Mutuum Finance is developing a multi-perspective ecosystem, with a stablecoin on the Ethereum blockchain, which is providing security and stability to the users.

$50,000 Bug Bounty Program

In an attempt to enhance the security of the platform, Mutuum Finance partnered with CertiK to launch a Bug Bounty Program that rewards $50,000 USDT. The program is open to white-hat hackers, security developers, and researchers to submit bugs. The bugs are categorized by risk and the reward changes with risk taken; they include risk, critical, major, minor, and low. The program enhances the protocol, safeguards user balances, and supports investor trust.

Community and Incentives Building

Mutuum Finance has also initiated a $100,000 giveaway to early adopters as an attempt to incentivize them. There will be ten winners who will bag $10,000 MUTM tokens each, proof that the project is serious in building a good and active community and propelling the ecosystem growth in the long term.

Liquidity Management, Market Risk and Volatility

The protocol is pre-emptive in addressing the treatment of exposure of the market and under illiquidity, therefore, there are tight limits, liquidation limits and liquidator compensations. Asset volatility has a direct impact on Loan-to-Value (LTV) ratio and liquidation policies: the more volatile the assets are, the more stringent risk parameters are, the more stringent lending policies can be. Furthermore, the reserve multipliers are also adjusted for asset risk, and it makes the protocol secure, stable, and robust in any market.

Mutuum Finance (MUTM) is gaining momentum with Cardano (ADA) targeting a 50% leap. At $0.035 in Stage 6, MUTM has already raised $15.85M with support from 16,320+ supporters. Analysts predict a breakout to $1, with much greater room for long-term appreciation than ADA’s more gradual growth path. With a $50K CertiK bug bounty, a $100K community giveaway, and a roadmap featuring a USD-pegged stablecoin, Mutuum Finance is building credibility while delivering real DeFi utility. Lock in Stage 6 tokens now before the next phase prices rise.

For further information on Mutuum Finance (MUTM) please use the following links:

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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