ETH to $3500? Ethereum Price Indicators Turn Bullish, But Another Token is Preparing for a Bigger Rally

Ethereum (ETH) may be eyeing a breakout to $3,500, as recent crypto charts and market sentiment hint at renewed bullish momentum. While ETH remains a staple, Mutuum Finance (MUTM), a rising performer in the DeFi market is generating buzz as the next big cryptocurrency to watch. Phase 5 Presale of Mutuum Finance (MUTM) is now over 50% sold out and MUTM is priced at $0.03. More than 12,700 investors have joined the Mutuum Finance presale. The sum of more than $11.5 million has been raised so far. 

While Ethereum’s fundamentals remain strong, it’s Mutuum’s ongoing presale and growing traction that’s fueling whispers of a much bigger rally ahead, one that could outpace even top cryptocurrencies like ETH and SOL in the short term.

Ethereum Builds Momentum With Eyes on $3,500 Breakout

Ethereum (ETH) is trading at $2470, and it is not losing grounds alongside the slowly emerging bullish momentum on the market. Having support at around $2,400, the ETH is currently traversing toward some important resistance levels and analysts are of the view that a clear break above the level of $3,000 may unlock the next leg in the ETH upward where the next stop by the end of the week may be the level of $3,500. 

On-chain indicators are getting stronger, and accumulation is being boosted, as investor sentiment is better than before after recent network improvements and consistent inflows of ETFs. Though, in the short-term, volatility cannot be excluded, particularly in case ETH managed to fall below the price of $2,370, the bias is shifting towards the upside. However, just as Ethereum prepares to break out, traders are casting their eyes elsewhere, with quicker-moving presale token Mutuum Finance catching the eye of many because of its short-term potential gains.

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 $11.5 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.

Ethereum may be gearing up for a breakout to $3,500, but Mutuum Finance (MUTM) is shaping up to deliver significantly higher returns in the same time frame. With over $11.5 million raised, 12,700+ early backers, and a presale price still at just $0.03, MUTM offers unmatched upside potential heading into 2025. Phase 5 is over 50% sold out, don’t miss your chance to enter before the next price jump.

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

Website: https://mutuum.com/

Linktree: https://linktr.ee/mutuumfinance