Is Cardano (ADA) Losing Steam? Here’s Why This Cheap Crypto Under $0.04 Is Stealing the Spotlight

Source Cryptopolitan

Whether Cardano (ADA) is losing steam has been a common query in the latest crypto updates, owing to the ongoing price developments that keep influencing the markets. Cardano has been moving backwards with traders recalculation of risks, and with that, the focus has shifted to more affordable investment options, which are considered the best crypto to buy.

In such a fluctuating crypto market, the investor making assessments on which crypto to invest in is now weighing whether it’s worth investing in existing networks for potential growth or whether new DeFi crypto alternatives are the best way to manage risks. Amidst the rising debate on which is best, a single cheap crypto with a price tag of under $0.04 is now receiving undue attention.

Cardano Price Pressure And Fading Momentum

Cardano has been continuing to extend the loss, with the market reacting quickly. The price of ADA is down by a further 10% to $0.41, with a drop in trade volume of approximately 19%, which indicates that the level of participation has cooled. The derivatives markets have been supporting this sentiment. The open interest in ADA futures has fallen by a further 11% to close to $713.5 million, which indicates that traders have been closing, rather than opening, positions. The funding rates have fallen significantly, with shorts exceeding longs, with over 55% of markets positioning for a further decline.

Network metrics are progressing, but price is still under strain. Transaction activity has pushed to multi-month highs, with daily active addresses approaching four-month peaks, which indicates that users have not left the network behind.

Despite this, the price has been retained below significant moving averages, thus enhancing a negative consolidation trend. ADA has been fluctuating below the 50-day and 200-day SMAs, with indicators pointing to a potential drop to $0.37 in case of a weakening support level. Hence, persons seeking a crypto to buy have been exploring alternatives to ADA.

Mutuum Finance (MUTM) Presale Attracts Increasing Attention

Mutuum Finance (MUTM) has been making headlines as the spotlight swings from majors that are losing steam to a fresh crypto now trading under $0.04. It has been steadily rising throughout its presale, which has now entered Phase 6 with 98% turnout. The amount of funds generated from presale is $19,500,000, with total MUTM holders since presale began at 18,480. Price in Phase 6 is $0.035, which is a 250% rise from $0.01 price in phase one.

Phase 6 is selling quickly, and the opportunity to buy tokens at such a low cost is soon expiring. Following this phase, Phase 7 is going to open with a price increase of close to 20%, setting the price for Mutuum Finance (MUTM) at $0.04. The MUTM launch price is $0.06, with buyers gearing towards a potential return on investment of 420% following the launch of Mutuum Finance (MUTM). The impending price change has instigated a sense of urgency for potential investors who believe that Mutuum Finance (MUTM) is the best cryptocurrency to invest in. 

The latest updates on the platform have encouraged engagement. Mutuum Finance (MUTM) has introduced a dashboard with a leaderboard of the top 50 token holders. A 24-hour leaderboard has also been introduced, which encourages activity, and daily, the #1 ranked user is rewarded with a $500 bonus of MUTM if a single transaction has been made in that particular day. The dashboard resets every day at 00:00 UTC.

The development stages have also continued to be in the limelight. Mutuum Finance has confirmed that the launch of its V1 protocol on the Sepolia testnet is set to take place in Q4 2025, including a Liquidity Pool, mtToken, Debt Token, and Liquidator Bot, with ETH & USDT as base assets. Alongside development, an audit is also taking place, with Halborn Security conducting a review of the lending & borrowing contracts of Mutuum. All these elements have managed to keep Mutuum Finance (MUTM) within the talks of the best crypto to buy, as well as the best cryptocurrency to invest in, within the current sector.

Where The Spotlight Is Shifting

Cardano has been under short-term pressure, although the activity on the network has been stable, and this is what is influencing investment activity. Mutuum Finance (MUTM), which is currently trading under $0.04 in Phase 6, is taking advantage of the shift in what crypto-assets people are investing in for the upcoming cycle. The limited time before the price rise in Phase 7 is further sharpening focus on Mutuum Finance (MUTM), which is becoming an increasing reference point in crypto-world headlines.

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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Author  FXStreet
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Author  FXStreet
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Author  Mitrade
2 hours ago
Bitcoin has dropped back below $88,000 after rolling over from $90,500, with price still trading under the 100-hour Simple Moving Average. The sell-off found a floor at $85,151, and BTC is now consolidating near that base, but rebounds are facing pressure from a bearish trend line around $89,000. Bulls need to retake $88,000–$89,000 to ease downside risk; failure to do so keeps $85,500–$85,000 and then $83,500 in play, with $80,000 as the deeper “line in the sand.” Bitcoin (BTC) is back in damage-control mode after a sharp pullback wiped out recent gains. The price failed to reclaim the $90,000–$90,500 band, rolled over, and slid through $88,500 before briefly dipping under $87,000. Buyers did show up around $85,000, but the rebound so far looks more like stabilization than a clear trend reversal. Bitcoin dips hard, finds a bid near $85,000(h3) BTC’s latest move lower began when it couldn’t build follow-through above $90,000 and $90,500. Once that upside stalled, sellers took control and pushed price down through $88,500. The slide accelerated enough to spike below $87,000, but the market didn’t free-fall. Bulls defended the $85,000 zone, printing a low at $85,151. Since then, Bitcoin has been consolidating below the 23.6% Fibonacci retracement of the drop from the $93,560 swing high to the $85,151 low — a clue that the bounce is still shallow and that sellers haven’t fully backed off yet. Structurally, BTC is still on the back foot: It’s trading below $88,000, and It remains below the 100-hour Simple Moving Average, keeping short-term trend pressure pointed downward. Resistance is layered, and $89,000 is the problem area(h3) If bulls try to turn this into a recovery, they’ll have to climb through multiple ceilings in quick succession. First, BTC faces resistance around $87,150, followed by a more meaningful barrier near $87,500. From there, the market’s attention snaps back to $88,000 — the level BTC just lost and now needs to reclaim. A close back above $88,000 would improve the tone, but it doesn’t solve the bigger issue: there’s a bearish trend line on the hourly BTC/USD chart (Kraken feed) with resistance near $89,000, which also lines up with the next technical hurdle. If BTC can push through $89,000 and hold, the rebound could extend toward $90,000, with follow-through targets at $91,000 and $91,500. But until price clears that $88,000–$89,000 zone, rallies are at risk of being sold rather than chased. If BTC fails to reclaim resistance, the downside path is clear(h3) The near-term bear case is simple: if Bitcoin can’t climb back above the $87,000 area and keep traction, sellers may attempt another leg lower. Support levels line up like this: Immediate support: $85,500 First major support: $85,000 Next support: $83,500 Then $82,500 in the near term Below that, the major “don’t break this” level is still $80,000. If BTC slips under $80,000, the risk of acceleration to the downside increases significantly — not because it’s magic, but because it’s the kind of psychological and structural level that tends to trigger forced de-risking. Indicators: momentum still leans bearish(h3) The intraday indicators aren’t offering much comfort yet: Hourly MACD is losing pace in the bearish zone. Hourly RSI remains below 50, suggesting sellers still have the upper hand on short timeframes. So while the $85,000 defense held for now, the market hasn’t flipped bullish — it’s just stopped bleeding.
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