This Underpriced Utility Token Is Ready to Blow Up: Mutuum Finance (MUTM)

With thousands of crypto projects in existence, it can be difficult to pick one to invest in. The crypto market has been further muddled by the entry of meme coins, which sucked in many investors on the promise of growth driven by vibes. However, many investors are realizing that meme coins are simply not a sustainable way to grow wealth in the crypto space.

Investors are now focused on projects that offer real prospects for long-term returns. As with any investment, stability has become an important consideration. One project that has caught the attention of investors with this mindset is Mutuum Finance (MUTM). So far, its presale has been a massive success as investors shift their capital into the project based on its focus on long-term utility.

Mutuum Finance (MUTM) – A True Giant Of Utility

Away from the noise and buzz surrounding meme coin, Mutuum Finance has been quietly building a protocol dedicated to maximizing the benefits of DeFi technology. The Mutuum Finance protocol is a decentralized, non-custodial protocol designed to allow lenders to deposit their assets and earn interest. The interest rate for these assets is determined by a pool’s utilization rate.

For instance, when more borrowers take over-collateralized loans from a liquidity pool, the rate of the pool rises. That triggers a wave of new lenders to deposit assets to benefit from the high interest rates. It also causes fewer borrowers to want to join the pool. As a result, the system finds a balance on its own, driven by market forces.

The depositors in a pool also receive instant liquidity in the form of mtTokens. These tokens represent the value of the initial deposit in a pool, plus any interest it accrues. For instance, when you deposit DAI in a pool, you receive mtDAI tokens on a 1:1 ratio.

Holders of mtTokens are free to sell them on secondary exchanges or use them as collateral on Mutuum Finance (MUTM) to benefit from new market opportunities as they arise.

The Mutuum Finance (MUTM) Tokens

Mutuum Finance (MUTM) is the native token of the protocol. Its success is closely tied to the success of the protocol in the long term. It will also serve as an important gauge of how well the protocol is doing for new entrants.

The total supply of MUTM tokens is 4,000,000,000 tokens. The planned listing price for the token is $0.06. However, many analysts expect the price to shoot up massively due to the extensive utility offered on its native protocol.

To support the long-term value of MUTM, the team will use part of the protocol profits to purchase MUTM tokens on the open market and redistribute them to stakers in the safety module. This action will prompt more stakers to join the protocol, deepening its liquidity. Additionally, it will apply upward price pressure on the tokens, giving confidence to more users to join the protocol. Besides buying back tokens on the open market, the team plans to use part of the profits to grow the pools and for marketing purposes.

With a Certik audit in hand, the team can confidently apply for an exchange listing on top-tier exchanges, which is expected on the same day as the launch. To test the waters, the team applied for a listing on CoinMarketCap. The CoinMarketCap platform is known to have strict standards for listing new tokens, and the MUTM listing is another signal that this project is more than just hype.

Mutuum Finance (MUTM Presale Shatters Its Own Record

The Mutuum Finance (MUTM) presale recently beat its own record. In the current phase 5 of the presale, over 25% of the tokens have already been sold, which represents a new record for the presale. It is much faster than when the price was $0.01 in phase. The tokens are currently selling for $0.03 in phase 5, a 200% increase.

A major reason for these has been recent advancements in the roadmap, such as the listing on CoinMarketCap and the Certik audit report. As it achieves more milestones in its roadmap, the presale pace is expected to be even faster. In the upcoming phase 6, the token price will go up by 16.67% to $0.035, which makes phase 5 the last opportunity for a 100% Roi based on the $0.06 listing price.

By focusing on the fundamentals, such as utility, adopting strategies, and long-term growth, Mutuum Finance (MUTM) has identified an often overlooked niche in the crypto market. Its unique approach to the crypto sector has earned it a massive following of over 20k across its social media channels.

With such a massive support base, coupled with the utility it offers, Mutuum Finance (MUTM) could experience explosive growth like never before in the crypto world. For the lucky ones to come across it in the current presale, they have an opportunity to ride this growth to the top at the low entry point of $0.03. 

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

Website: https://www.mutuum.com/ 

Linktree: https://linktr.ee/mutuumfinance