Shiba Inu (SHIB) is showing signs of slowing down after its recent price rally, with trading volumes tapering off and social sentiment cooling. While SHIB continues to hold its ground as a recognizable meme coin, much of the short-term momentum has shifted elsewhere, particularly toward emerging DeFi tokens with real-world applications.
That’s where Mutuum Finance (MUTM) steps in. The project is in phase 5 of its presale which has already sold out over 50%. Mutuum Finance has raised more than $11.2 million and attracted over 12,500 holders. Mutuum Finance’s entry is timed perfectly, offering a fundamentally strong alternative as legacy meme tokens begin to lose steam. For investors asking what crypto to buy now before Q3 kicks off, Mutuum Finance may be one of the most compelling plays on the table.
Shiba Inu (SHIB) recovered to hover just above the $0.000012 line, after a small parabolic jump into the range of $0.000012 to the $0.000013 mark at the exit of a near 19% decline off its recent highs in the middle of the month. Though this has caused a cooldown, on-chain data show strong support at around $0.000011 and exchange order books are showing an ever heavier leaning to sell-side orders within around 3.1 trillion SHIB indicating possible consolidation.
The volume of trading is declining by more than 88 percent, and the volume of transaction of the whales is plunging, which indicates that the large investors are stepping back. SHIB is also in a stabilizing phase on a technical basis but not in the reversal stage altogether. Synonymous with the market absorbing a change in the dynamics of the meme-coins, new DeFi initiatives such as Mutuum Finance (MUTM) are beginning to gain a slight following on the side-lines.
Mutuum Finance has recently launched its official Bug Bounty Program in partnership with CertiK, allocating $50,000 USDT to rewards. The bounty is tiered across four severity levels; critical, major, minor, and low, ensuring comprehensive coverage and reinforcing the project’s commitment to robust security and transparency.
Unlike normal DeFi protocols, Mutuum Finance will be the first to try and develop a hybrid lending system that will have opportunities to cater to the demands of users with passive and sophisticated users.
In Peer-to-Contract (P2C), clients fulfill the requirement of any investor who desires passive income by investing his USDT in smart contract pools that generate stable passive income on the basis of an interest rate which it estimates up and down as the market demands. In Peer-to-Peer (P2P), experienced users can utilize this system where both lenders and borrowers exercise complete control over determining the terms, ideal to handle volatile assets.
Mutuum Finance is creating a buzz in the market as it has already raised over $11.2 million, and over 12,500 investors are already backing it. The existence of this type of momentum is a testament to the increasing faith in the long-term vision of the project and the role it would play in disrupting the decentralized finance market.
Mutuum Finance is celebrating its fast-paced growth and showing appreciation to early supporters with a $100,000 giveaway campaign. Ten winners will each receive $10,000 worth of Mutuum Finance tokens, simply by signing up early. It’s a major thank-you to the community and a strong show of confidence in the platform’s future.
Shiba Inu’s momentum may be slowing, but Mutuum Finance (MUTM) is just heating up. Now in Phase 5 of its presale at $0.03, the project has already raised over $11.2 million from more than 12,500 investors. Don’t miss your chance.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance