Ripple (XRP) Risks Dropping Below $2 While This $0.03 Token Sets Its Sights on a 44x Run

Source Cryptopolitan

As Ripple (XRP) is hanging in the balance and struggling to maintain its upward momentum beyond the $2 mark, another coin has emerged and is gradually gaining popularity in the crypto market. Recently, Mutuum Finance (MUTM), a promising crypto DeFi project that sells at a ridiculously low price of $0.03, is attracting attention due to the ambitious forecasts of a possible 44x run, actively drawing the view of investors seeking the best crypto to invest in.

Phase 5 Presale of Mutuum Finance is currently more than 60% sold and is available at just $0.03. Over 12,700 investors participated in the Mutuum Finance presale. It has already raised the amount that exceeds more than $11.7 million. As XRP faces poor performance due to a volatile crypto market and regulatory overhang, the crypto space is gearing up with Mutuum, which comes out of the presale hype with solid fundamentals posing a question to most of them and asking what is the best cryptocurrency to invest in today.

XRP Struggles to Hold $2 as Market Looks Elsewhere

XRP is currently hovering at the $2.23 area, but pundits are cautious as it is likely to fall below the $2 revolution should the wider sentiment weaken or new momentum does not develop. Investors are reluctant to buy XRP due to the absence of catalysts in the short-term and the threat of other DeFi protocols appearing.

Investor Interest in Mutuum Finance Presale Soars 

Mutuum Finance is gaining significant momentum in Phase 5 of the presale. The project stands out from others by offering a scalable system of finance with a real-world use case. Investor interest is gaining momentum with the project having raised well over $11.7 million already and having over 12,700 token holders.

Introducing a DeFi Lending Model 

Mutuum Finance introduces a non-custodial liquidity protocol in which users retain their total ownership of assets while they participate in decentralized lending. The project adopts a double-model approach that incorporates Peer-to-Contract and Peer-to-Peer lending to foster increased flexibility and efficiency.

Peer-to-Contract system uses smart contracts to deliver automated lending without any human intervention and instead, the smart contracts respond to the market by offering dynamic interest rates.

Peer-to-Peer model removes middlemen and thus offers a direct link between lenders and borrowers. The model is highly favored by users in dealing with volatile assets where flexibility and tailor-made terms are required.

CertiK-Audited with a $50K Bug Bounty

Mutuum Finance is also operating on the development of the fully collateralized Ethereum-based USD-backed stablecoin. The project incorporates smart contracts that are audited by security company, CertiK. Besides the guarantee of ensuring good maintenance of the code, this audit signifies that the team will be persistent to build a safe protocol DeFi.

In order to reinforce this commitment, Mutuum Finance has implemented its Official Bug Bounty Program with CertiK through which it has allocated $50,000 in USDT rewards. The program has four levels, critical, major, minor, and low, and makes sure that any level of vulnerabilities are discovered and rewarded.

In the midst of XRP’s ongoing struggle to maintain stability above the $2 mark, investors are clearly gravitating toward emerging opportunities with stronger near-term growth potential. Mutuum Finance has rapidly distinguished itself in this market, raising over $11.7 million and attracting more than 12,700 investors during its presale, now over 60% sold out at a current price of just $0.03. With a projected 44x upside, a CertiK audit, and an innovative DeFi lending framework, Mutuum Finance is fast becoming a standout candidate for the best crypto to invest in today. Don’t miss your chance to be part of the next big DeFi win.

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.
placeholder
Bitcoin Pattern Breaks: Price Near ATH, But HODLers Still Not SellingOn-chain data shows HODLing behavior remains dominant among the Bitcoin investors despite the fact that the price is near the all-time high (ATH).
Author  Bitcoinist
8 hours ago
On-chain data shows HODLing behavior remains dominant among the Bitcoin investors despite the fact that the price is near the all-time high (ATH).
placeholder
Unlocking Future Growth? Alibaba Raises $1.53 Billion via Zero-Coupon Bond to Boost Cloud and Global ExpansionOn July 4, Alibaba Group announced the successful completion of its zero-coupon exchangeable bond issuance , raising HKD 12.023 billion (approximately USD 1.53 billion).
Author  TradingKey
9 hours ago
On July 4, Alibaba Group announced the successful completion of its zero-coupon exchangeable bond issuance , raising HKD 12.023 billion (approximately USD 1.53 billion).
placeholder
Silver Price Forecast: XAG/USD consolidates right below $37.00 in risk-off marketsSilver consolidates the previous two days' gains and remains pinned near $37.00.
Author  FXStreet
9 hours ago
Silver consolidates the previous two days' gains and remains pinned near $37.00.
placeholder
USD/JPY slumps to near 144.30 as Yen’s safe-haven demand increasesThe USD/JPY pair falls over 0.4% to near 144.30 during European trading hours on Friday.
Author  FXStreet
9 hours ago
The USD/JPY pair falls over 0.4% to near 144.30 during European trading hours on Friday.
placeholder
Non-Farm Payrolls Deflate Rate Cut Hopes with 147,000 New JobsOn Thursday in the US, a stronger-than-expected June non-farm payroll report dashed hopes for a rate cut in July.
Author  TradingKey
9 hours ago
On Thursday in the US, a stronger-than-expected June non-farm payroll report dashed hopes for a rate cut in July.
goTop
quote