The rush to $2.50 for XRP has somehow been thwarted once more, as over $130 million worth of XRP tokens were transferred to Coinbase, suggesting spicy selling from whales. Although there was a temporary spike over $2.35, the cryptocurrency is stuck in investor jitters, to a large extent, because the SEC-Ripple litigation is in a mess.
Meanwhile, Mutuum Finance (MUTM), a new decentralized finance entrant with the token cost of $0.025, has soared through its presale, raising $8,100,000 and selling more than 460 million tokens to 9,800 investors. The rival of Ripple is gaining traction, tempting investors with continual advancement and upcomings price surges.
XRP’s momentum has slowed due to massive selling. 29.53 million, or $64.4 million, in Tokens were deposited into Coinbase on May 3, while a similar size of transfer, $69.5 million, was made on May 9. Whales sending $133.9 million in deposits running has the traders anticipating a pullback while waiting for the next rally.
XRP lingers at $2.40—up 0.5% for the day and 9% since the week began—but the critical $2.50 level of resistance is right around the corner. Since with the 14-day RSI at 62.97 it is approaching overbought levels we might experience a stall. The investors are still wary with the SEC’s developments looming, and pull back on the XRP killing its rebound. However, another token is receiving more attention.
Mutuum Finance (MUTM) is progressing to phase 4 of its 11 step presale, and are increasing token prices from $0.01 for the first phase to $0.025 currently. With 75% capacity, the phase 4 has attracted 9,800 holders, thanks to open profit potential.
Phase 5 approaches, which represents a price increase to $0.03, where existing customers have a chance to see a 20% return. Tokens will be set at a markup of $0.06 and will attract 140% profit for participants of phase 4 once listed.
Financial analysts calculate that MUTM will soon reach $2.50 after being launched and that early adopters will experience a 9,900% return. The Mutuum Finance team is doing Certik smart contract audit with a view to post results online to further build confidence from investors.
Mutuum Finance (MUTM) differentiating point is the introduction of a buy-and-distribute system. Earnings on the platform are used to purchase back tokens to balance out for stakers, thus maintaining constant demand and price stability.
Lately, Mutuum Finance launched a dashboard showing the top 50 token holders with bonus tokens for being at the top tier attracting a healthy rivalry. Overcollateralized loans, will give Mutuum Finance the stability it is in need of as the borrowers can access capital while the lenders will benefit in the form of fluctuating interest rates.
The quick sellout of Phase 4 with only 25% more MUTM tokens available on the market signifies that buyers interested need to be quick. Mutuum Finance (MUTM) introduces a responsible choice for DeFi enthusiasts that is unique from the regulatory struggles of XRP.
On the other hand, Mutuum Finance (MUTM) has raced way ahead of XRP’s consistent pace. Contrasting starkly with this, Mutuum Finance (MUTM) reveals a transparent and numerically supported path forward while XRP floats through legal uncertainty and gigantic sell-offs.
Mutuum Finance’s presale incentives are biased towards the forward thinker investors because phase 4’s $0.025 token price will be over before long. Today’s $1,000 can turn into a maximum of $2,400 when the platform debuts or surge to $100,000 at $2.50. Those who desire to get quick and tangible results are flocking to Mutuum Finance (MUTM).
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuum.finance/
Linktree: https://linktr.ee/mutuumfinance