Shiba Inu (SHIB) Holds Popularity, But New Utility-Backed Coin Is Stealing the Show This Week

Source Cryptopolitan

Shiba Inu (SHIB) may still be gaining traction from its loyal fanbase and meme-fueled hype, but there’s a new utility-focused altcoin, Mutuum Finance (MUTM) that’s quickly stealing the spotlight this week. At just $0.035, Mutuum Finance is gaining traction for its strong DeFi platform that combines peer-to-peer and pooled lending, dynamic staking rewards, and a growing global investor community. 

The project has raised over $16.55 million in its current presale, after being bought by over 16,660 owners, with its price going up from $0.01 to $0.035. The next stage is set to leap as high as $0.04 and stage 6 is over 50% sold. Unlike SHIB, which is more popularity-driven, MUTM boasts real-world actual financial use case, thus being a high-upside choice for investors seeking actual growth potential in 2025.

Shiba Inu (SHIB) Eyes Key Resistance, Could the Next Breakout Fuel Market Momentum?

Shiba Inu (SHIB) is also trying to cut through a strong resistance area close to $0.00001400 on the 12-hour chart following an 18.77% price rally that reflects recovering market interest. A break above this area, if confirmed, can initiate further upside, with the next resistance area close to $0.00001600, as daily support and trend line analysis show space for further bullish pressure. 

Traders are watching volume and momentum closely to ascertain the strength of this move and where to get in optimally. While SHIB fights these important support levels, attention is also turning to Mutuum Finance (MUTM), which offers high-value DeFi solutions and is progressively garnering the interest of investors searching for the next high-upside play.

Mutuum Finance Presale Momentum Continues

Mutuum Finance (MUTM) is experiencing hyperbolic growth during the sixth presale wave as demand grows with the project demolishing $16.55 million raised and the backing of over 16,660 owners. The early investors are positioning themselves for monumental potential returns when the token is listed for sale on the open market. In addition to its strong presale, Mutuum Finance is working on building a strong ecosystem that will include the development of a USD-backed stablecoin on the Ethereum blockchain.

In an additional commitment to platform security and investor confidence, Mutuum Finance has partnered with CertiK to launch a $50,000 USDT Bug Bounty Program. The initiative invites security researchers, white-hat hackers, and developers to disclose bugs in the protocol, with bounties paid out by severity level, from low and minor to major and critical. The project is also enabling wider community involvement under an early-bird $100,000 giveaway.

Protocol design enables a tight-order book mechanism with aggressive market risk elimination and illiquidity reduction at its core. Liquidation levels, close-level parameters, and liquidator incentive mechanisms are a few of the parameters that are configured with a view to ensuring a stable lending environment. Loan-to-Value ratios and liquidation conditions are determined dynamically based on the volatility of the assets, and the more volatile the assets, the more stringent the lending conditions. Furthermore, multipliers are held on a risk-weighted basis against assets to increase platform stability, security, and resilience in varying market conditions.

Mutuum Finance (MUTM) has already raised over $16.55 million from over 16,660 investors, with Phase 6 presale already 50% filled at $0.035 per token. Backed by real DeFi utility, strong security measures, and growing investor trust, MUTM is a high-upside option over meme-based competitors like SHIB. Secure your allocation now before the next price hike.

For more information regarding 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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