Ripple (XRP) Price Prediction Flips Bearish While Mutuum Finance (MUTM) Gains Whale Attention

Mutuum Finance (MUTM) is hitting the headlines as new whale outflows trigger a bearish outlook. As the price outlook of XRP turns ugly with the evolving investor sentiment, everyone is looking at the soaring on-chain traffic and surging liquidity prospects of Mutuum Finance. Mutuum Finance is in 6th presale phase and the tokens are currently selling at $0.035. 

The price will increase by 14.29% in Stage 7 to $0.04. The project has already gained over $15.4 million as the demand is very high. As this new DeFi coin keeps gathering momentum among high-net-worth traders, analysts are paying close attention to what could become a paradigm shift in the way the market is focused.

XRP Price Prediction

Ripple is trading at a price of $2.73 and is falling against the last close. XRP is steadily losing its ground and it has lost 5% of its value in the past day. Analysts are of the view that XRP cannot continue its momentum and may begin to fall further, possibly to $2.50-$2.60. Nevertheless, there are also positive projections that indicate that recovery can reach up to $3.70 based on the fact that XRP can reach the resistance level of $3.00. 

A bit more aligned with the topic of the new tendencies in the cryptocurrency market, one of the projects that can be viewed as the potential alternative is the Mutuum Finance (MUTM) that could become another potential investment option once the situation in the market environment changes.

Mutuum Finance Phase 6 Presale

Mutuum Finance is in Stage 6 of the presale at $0.035. Progress has been stellar with impressive investor uptake which has pushed raised funds to record levels.

USDT Stablecoin on Ethereum

The platform will usher in an overcollateralized USD-pegged stablecoin on Ethereum, that can be utilized in daily decentralized use-cases, and that can be stored long-term in a portfolio.

Multi-purpose, Dual-lending DeFi Infrastructure

Peer-to-Contract lending as the names suggests relies fully on smart contract technology. P2P lending provides flexibility, transparency and control to the transactions between the creditors and borrowers through direct transactions. This type of dual solution turns Mutuum Finance into a secure and scalable platform enabling financial inclusion, massive returns and openings to retail and institutional investors.

Mutuum Protocol Overview

The protocol uses dynamic interest rates in order to control the liquidity. The interest charged on the borrowing is based on the use; low rates will promote borrowing where there is ample capital available and where there is limited capital will promote loan repayment and deposits. Among borrowers, stable rates are predictable, and tend to be higher than variable rates, and are available only on liquid assets.

Risk Management, Asset parameters

Normalization of under-collateralized positions will be incentivized and borrowers will have to over-collateralize under such strong based risk controls. Secondary markets are limited by risky token collateral requirement, deposit and borrow limit on illiquid or volatile assets. The protocol is solvent and guarded by Loan-to-Value ratios, liquidation limits, penalties and reserve factors.

Mutuum Finance (MUTM) is gaining massive whale action at a time when Ripple (XRP) is under fresh bearish pressure. Stage 6 presale coins cost $0.035, and they will increase by 14.29 percent to $0.04 in Stage 7. The project is experiencing good momentum having raised $15.4M and onboarded 16,040+ investors. It is time to join Stage 6 to get tokens before the price skyrockets once again.

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

Website: https://mutuum.com/

Linktree: https://linktr.ee/mutuumfinance