Bitcoin (BTC) Slides Again – Is Mutuum Finance (MUTM) Flashing a Buy Signal?

Source Cryptopolitan

Following heightened tensions in the Middle East that have seen Israel and Iran take military action against each other, the price of Bitcoin slid after recently reaching $110,000. It is currently at around $105,000, with tensions causing massive liquidations across the crypto sector.

In addition to the liquidation of long positions, trading volume for BTC rose to new highs as traders sold off massive amounts of BTC holdings. On-chain metrics show that Bitcoin is not due for a quick rebound and could stagnate at the $105,000 level for a while.

Amid these rising tensions, Mutuum Finance (MUTM) has been flashing buy signals as Bitcoin (BTC) investors look for market opportunities elsewhere. Mutuum Finance (MUTM) is currently in the presale, where it has raised over $10.7 million so far. Participation levels have also risen quite high since the current phase of the presale began.

The MUTM Presale

Mutuum Finance (MUTM) is currently in the presale phase, where tokens are going for $0.03. At the current price, users are getting a 50% discount on the planned listing price of $0.06. The token presale has attracted around 12,100 buyers who have bought over $10.7 million worth of tokens.

The current presale price is a 200% increase from the $0.01 listing price, which has not had an impact on the presale participation pace. In the upcoming phase 6 of the presale, the price will rise by 16.67% to $0.035.  

One of the reasons why the presale is attracting so much attention is that it is CertiK audited. In the crypto industry, there is a premium placed on projects that are audited by independent third parties. The team understood this, and early on in the project, they submitted the code for an audit. They received a CertiK Token Scan Score of 80, which has been a major boost for trust in the project.

Another reason for the high participation rate is the current analysts’ forecast for MUTM tokens. According to them, the MUTM token price could rise up to 3,450% once the tokens go live. Based on that projection, a $2,400 investment in the presale right now could grow into $82,800 once the tokens launch.

Every seasoned investor who has studied the analysis agrees with this forecast and is rushing to secure their MUTM presale tokens. They are also anticipating a massive boon from the planned launch of the beta version of the platform.

The Mutuum Finance (MUTM) aims to continue building trust with its community. In line with this, they plan to launch a beta version of the platform on the same day the tokens go live. That will allow traders to examine the code for themselves and test the promised features in real time.

As word about the beta version spreads, it is expected to trigger a wave of new buyers. That will be of huge benefit to those who secure their tokens early in the presale, as they will get double the gains that those who buy the tokens on the token listing day will get.

The Mutuum Finance Giveaway

Mutuum Finance has organized a $100,000 giveaway that is designed to reward early supporters of the project. Each participant in the prize giveaway will be eligible for a $10,000 reward. To qualify for the giveaway, you only need to make a $50 investment in the ongoing presale. You are then entered into a draw, where you stand to be one of the ten lucky winners who receive $10,000 worth of MUTM tokens each.

Overall, the entire design of the presale is designed to benefit early participants the most. That includes the stepped increase in the price of the token from $0.01 in phase to the current price of $0.03. Additionally, Mutuum Finance (MUTM) will reward the top 50 participants in the presale. Those top 50 participants will be posted in a leaderboard on the presale dashboard. They will each be eligible to receive MUTM token bonus tokens.

The Protocol Design

The Mutuum Finance (MUTM) protocol is a decentralized non-custodial protocol where users can participate as lenders, borrowers, or liquidators. The lenders deposit funds in communal pools where they earn interest.

Interest rates are decided based on the pool utilization rate. As more borrowers join a pool, they raise the utilization rate and the interest rate. That encourages borrowers to repay their loans to avoid the rising rate and possible liquidation. At the same time, it causes lenders to deposit more assets to benefit from the growing yields. This process creates a positive feedback loop that ensures that the ecosystem remains at optimal capital efficiency.

Amid escalating tensions that have spooked institutional investors, Mutuum Finance (MUTM) represents the best possibility for growth in the crypto sector. Analysts forecast massive gains of over 30x, giving investors an opportunity to recoup losses during the recent BTC dip. At the low price of $0.03 per token, this is one opportunity you cannot afford to miss.

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

Website: https://www.mutuum.com/ 

Linktree: https://linktr.ee/mutuumfinance

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