3 Best Cryptos To Buy Now to Hedge Against Market Volatility

Source Cryptopolitan

The current market swings are forcing investors to look for assets that can help balance their risks. While some may consider looking at established projects, hedging actually requires projects that have real utility and growth. This analysis will cover three projects: Dogecoin (DOGE), Cardano (ADA), and Mutuum Finance (MUTM). While the former two projects are currently struggling with risks and external factors, the latter provides a strong platform that is designed for both stability and gains, making it one of the best cryptos to buy that investors should consider buying.

Dogecoin (DOGE): Riding the Meme Wave

Dogecoin has seen a decline of 16% in the last four days. While some investors may consider this a good time to buy, the fact is that the price of DOGE is still largely dependent on the overall sentiment of the market and the current trend. This is why the price of DOGE is highly unpredictable. The price of DOGE will not go up based on the activities of the platform. Instead, it will go up based on the current mood of the overall market. For someone looking for a platform that can serve as a hedge against the current risks, the price of DOGE may not be the safest option among the top cryptos. 

Cardano (ADA): Facing Strong Headwinds

The price of Cardano is highly correlated with the price of Bitcoin. The correlation is at 87%, and the price of ADA is highly dependent on the price of Bitcoin. While the price of ADA is currently looking good, the fact is that the price of ADA has seen significant outflows of capital and has seen lower futures contract volumes. The current support for the price of ADA is at $0.28. If the price of ADA falls below that, the price may fall further. 

While the platform has good plans for the future, the current price is largely dependent on the overall factors of the market. For investors looking for a platform that can serve as a hedge against the current risks, the price of ADA may not be the safest option among the top cryptos.

Mutuum Finance (MUTM): A Presale for Calculated Growth

On the other hand, Mutuum Finance is offering a clear and stable growth prospect. The project is in phase 7 of its presale, with the current token price at $0.04. This is the final phase for investors to buy the tokens at this price before the price goes up in phase 8 to $0.045. The project has a strong foundation since it has raised over $20 million.

The price of the token as the project goes live will be $0.06. Experts analyzing the project’s strategy have seen clear prospects for significant growth beyond this point. For example, an investment of $200 today could translate to $1,200 in a short period after going live. This makes Mutuum Finance one of the best crypto coins to buy.

Mutuum Finance has launched its V1 protocol on the Sepolia testnet. This shows that the project has moved from its conceptual stage into a functional phase. This test environment allows users to preview how the platform’s dual lending systems are designed to operate

Liquidity Mining 

Once fully launched, Mutuum Finance’s Peer-to-Contract mechanism will enable participants to deposit assets like USDT into shared liquidity pools and earn yield. For instance, depositing $5,000 into such a pool could generate an estimated annual return of 15%, equating to around $750 in passive earnings. This yield mechanism is independent of token price speculation, establishing a utility-based foundation for the ecosystem’s long-term value.

Built-In Demand via Token Buybacks

The project has been designed in such a manner that a portion of all fees paid in the system goes into buying MUTM tokens from the market. These tokens are then rewarded to users who stake their assets in the system. This implies that the success of the platform usage will directly translate into rewards for its supporters. This is an innovative idea and ensures that it can sustain itself in the market, unlike meme coins that only count on new investors. This makes it an excellent choice as one of the best cryptos to buy now.

The Strategic Hedge Choice

While DOGE and ADA follow market trends, Mutuum Finance makes its own way. The presale of MUTM is a cheap entry point into the market, and it is expected to be followed by price increases. The operational protocol is geared towards providing returns. The tokenomics are geared towards rewarding participants in their success. For an investor looking for an authentic hedge against market turbulence, MUTM is an attractive option. It is the most strategic of the best cryptos to buy 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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