Is This Altcoin the Best Cryptocurrency to Buy as Binance Founder CZ Predicts ‘Uptober’ Rally for Bitcoin (BTC)?

Source Cryptopolitan

As October is underway, the crypto market is looking forward with Binance founder Changpeng Zhao (CZ) predicting that Bitcoin (BTC) may reach $128,000 to $140,000 during this month based on historical trends.

One token heating up is Mutuum Finance (MUTM), a token that is DeFi-based and has been gaining monstrous attention. Its Phase 6 presale has already sold 50% of tokens at $0.035. The price of the token will be increased to $0.04 in its second phase, allowing potential early buyers an opportunity to purchase tokens before the price spike. Over $16.7 million raised and more than 16,710 holders make MUTM a serious player in the DeFi market.

Bitcoin Has “Uptober” Bull Stampede as Previous Triumphs Suggests Potential Breakthrough

Bitcoin (BTC) is back in the spotlight as market participants hold their breath for another potential “Uptober” bull stampede, having seen it happen before. Binance founder Changpeng Zhao (CZ) pointed out that BTC increased by 7,656% in value during the period between 2015 and 2017, with its all-time high in October 2017, while historical records indicate that Bitcoin has a 21% return average in the month of October in all cycles. 

Those figures have reinvigorated institutions’ and traders’ interest in the likelihood of BTC experiencing a great deal of upside should history repeat itself. While Bitcoin remains the standard for the crypto universe, investor interest is now spilling over to promising altcoin Mutuum Finance (MUTM) as it builds enormous hype as utility-driven project experiencing strong early adoption.

Mutuum Finance Presale and Big Bounty Program

Mutuum Finance (MUTM) is in its sixth all-time presale round. The project has already broken 16,710 registered members and more than $16.7 million, all-time records, and keeps having better faith in the market for its long-term project. Investors seeking sustainable yield and long-term value will discover Mutuum Finance’s developing ecosystem at a fast pace as an investment to consider.

The platform also has a highly robust Loan-to-Value (LTV) and liquidation mechanism that reacts in real-time to shock collateral price. That is supported by another barrier of protection through management of a 10% to 35% reserve multiplier on riskier collateral classes. Security by design and open architecture enable Mutuum Finance to be a safe, stable, and long-term DeFi platform designed for the long term and to put the times to the test.

Safety is equally among Mutuum Finance’s top pillars. To assist its role in providing a safe and secure environment, the project has collaborated with CertiK to include a bug bounty program that comes with a reward pool of $50,000. For appreciation to the early adopters, the team has dropped a $100,000 giveaway, hoping to reward 10 lucky users with $10,000 worth of MUTM tokens each.

The project classifies vulnerabilities into four levels, i.e., critical, major, minor, and low, and provides a rational model for discovery and evasion of such pitfalls before affecting users.

A Perfect Time to Find MUTM

Mutuum Finance (MUTM) has already shown remarkable market strength, raising over $16.7 million and having over 16,710 holders on board already. The 55% soldout presale phase is an immediate opportunity to invest in before the next price increase to $0.04 at the subsequent stage. With a $50,000 bug bounty and $100,000 early supporter giveaway, the project reaffirms its security and reward to community emphasis. As Bitcoin gazes toward an ideal “Uptober” boom, MUTM offers the same altcoin potential with actual growth and utility. Investors willing to ride a rocket ship into an exploding DeFi universe should act fast to preboard Mutuum Finance’s presale and set themselves up for the next leg of growth.

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.
placeholder
Bitcoin ETF Investors Face 8% Losses as $3 Billion Exits Market in Two WeeksUS spot Bitcoin ETF buyers are essentially the very investors expected to provide a stable, long-term bid for the pioneer crypto. However, data shows that these players are now sitting on mounting unr
Author  Beincrypto
Feb 03, Tue
US spot Bitcoin ETF buyers are essentially the very investors expected to provide a stable, long-term bid for the pioneer crypto. However, data shows that these players are now sitting on mounting unr
placeholder
Gold Prices Surge Amid Rising U.S.-Iran Tensions, Driving Safe-Haven Demand to New HeightsGold prices rebounded Wednesday, climbing 0.9% to $4,995.60 an ounce as geopolitical tensions between the U.S. and Iran heightened demand for safe-haven assets, despite recent market volatility.
Author  Mitrade
Feb 04, Wed
Gold prices rebounded Wednesday, climbing 0.9% to $4,995.60 an ounce as geopolitical tensions between the U.S. and Iran heightened demand for safe-haven assets, despite recent market volatility.
placeholder
MicroStrategy Faces Catastrophic Risk as Bitcoin Falls to $60,000MicroStrategy is under renewed market pressure after Bitcoin slid to $60,000, pushing the company’s vast crypto treasury deeper below its average acquisition cost and reigniting concerns about balance
Author  Beincrypto
Feb 06, Fri
MicroStrategy is under renewed market pressure after Bitcoin slid to $60,000, pushing the company’s vast crypto treasury deeper below its average acquisition cost and reigniting concerns about balance
placeholder
Bitcoin Slips Below $70,000 Support, Risk of 37% Drop EmergesBitcoin has entered a critical phase after its recent correction dragged the price toward the $70,000 level. Viewed through a macro lens, this move has exposed BTC to elevated downside risk. Several o
Author  Beincrypto
Feb 06, Fri
Bitcoin has entered a critical phase after its recent correction dragged the price toward the $70,000 level. Viewed through a macro lens, this move has exposed BTC to elevated downside risk. Several o
placeholder
Fed to enter gradual money-printing phase, says Lyn AldenLyn Alden says the Federal Reserve is likely entering a gradual phase of money printing rather than aggressive stimulus.
Author  Cryptopolitan
9 hours ago
Lyn Alden says the Federal Reserve is likely entering a gradual phase of money printing rather than aggressive stimulus.
goTop
quote