Cardano (ADA) Price Chart Points To A Possible 400% Rally, But Analysts Prefer This Crypto’s 53x Potential

Source Cryptopolitan

Cardano (ADA) is sending bullish signals and has risen 10% in a week to retest $0.80, its highest since March 9. Technical indicators such as the Money Flow Index 92.51 and a skyrocketing Awesome Oscillator are an indication of strong buying momentum. An escape from a down channel stirs expectation of a 400% rally, which could reach $1.18. 

But, Analysts are cheering about Mutuum Finance (MUTM) – a DeFi project in its 4th pre-sale phase which offers a 53x return. Mutuum Finance (MUTM) is stealing the spotlight raising $8,100,000 with 458 million tokens sold to 9,800 holders. Could this newcomer overshadow Cardano’s rally?

Cardano’s Bullish Breakout

The browsing of crypto market is fueled by optimism that leads to Cardano (ADA). Breaking the upper limit of a four-hour down channel, the token has shot up to $0.80, pushing out months of rejection. Relative strength index on the daily chart is at its extreme since March confirming bullish momentum. A liquidity heatmap highlights an important zone at $1.10 where big liquidations could push prices higher. But a bearish shift could pull Cardano (ADA) to $0.66 close to the 0.786 Fibonacci level. 

Mutuum Finance’s Presale Surge  

Mutuum Finance (MUTM) is creating attention with their 4th presale round which is 70% filled at $0.025 token, this is the fourth presale and up from $0.01 of the initial round. Time is of the essence for investors as phase five is approaching, which will increase the price to $0.03, and trap a 20% gain for those current market participants. 

The reward associated with the project’s tokenomics for 140% at the $0.06 listing price but analysts are looking at $1.50 post launch a 5,900% ROI. Mutuum Finance (MUTM) has already released a dashboard featuring the top 50 holders rewarding those with bonus tokens while they occupy top positions. This innovative action has an urgency because the phase is nearing the height. 

The team is also in the process of completing a Certik smart contract audit with results to be posted on social channels to reinforce trust. Mutuum Finance (MUTM) has nothing to do with being hype—they are developing a DeFi environment which would be the true utility.

Mutuum Finance (MUTM) is making a name for itself in the field of decentralized lending allowing users to earn off their idle funds whilst maintaining liquidity. It has a model of overcollateralized lending, which guarantees it the stability to attract cautious investors. 

The buy-and-distribute system channels platform revenue back into MUTM token buybacks, and distributes them to stakers to hold up demand. In contrast to Cardano (ADA) that has volatility risks, Mutuum Finance (MUTM) provides a proper sound structure to growth. Low entry point for phase four is a fleeting opportunity, where, millions of tokens have already been traded.

Mutuum’s Moment to Outpace Cardano  

Cardano (ADA) is set for a possible rally of 400%, but it is full of resistance and market whims. Mutuum Finance (MUTM) with its pre-sale momentum and DeFi expertise comes with a nicer edge. The 70% sold out phase four $0.025 range is a tight frame for investors to obtain tokens prior the 20% rise to $0.03. 

With an embedded 140% return to the $0.06 listing plus expected $1.50 on the shot, Mutuum Finance (MUTM) is the lighthouse for high yield seekers.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://www.mutuum.finance/

Linktree: https://linktr.ee/mutuumfinance

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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