More

    Shiba Inu (SHIB) plunges 43% while Mutuum Finance (MUTM) presale surges to $3.2 million

    While Shiba Inu (SHIB) faces a sharp 43% decline, Mutuum Finance (MUTM) continues to gain momentum, attracting investors looking for stronger growth potential.

    With its decentralized lending platform and a rapidly growing presale, MUTM has already raised $3.2 million, securing over 5,500 holders.

    As SHIB struggles with market uncertainty, Mutuum Finance stands out as a promising alternative, offering real DeFi utility and increasing investor confidence.

    Mutuum Finance (MUTM)

    Mutuum Finance’s lending and borrowing system is designed to provide users with flexibility and control over their assets. Lenders can supply digital assets to liquidity pools and earn passive income, while borrowers can access liquidity without selling their holdings. This allows investors to maintain exposure to their assets while using borrowed funds for other opportunities.

    Mutuum Finance is developing an overcollateralized stablecoin, fully pegged to the U.S. dollar and built on Ethereum, to enhance liquidity and borrowing options within its ecosystem. Users can borrow the stablecoin by locking collateral, ensuring that every token in circulation is fully backed. Upon loan repayment or liquidation, the stablecoin is burned, keeping supply stable and aligned with demand. This feature allows investors to access liquidity without selling their assets, increasing capital efficiency while maintaining price stability within the platform.

    Mutuum Finance also introduces mtTOKENS, which represent deposits made into the platform’s lending pools. When users supply assets, they receive mtTOKENS at a 1:1 ratio to the deposited amount. Over time, these tokens accumulate value through interest earnings, meaning holders can redeem more of the underlying asset than they initially deposited.

    Since mtTOKENS are ERC-20 compliant, they can be transferred, traded, or used within other DeFi applications while still accruing interest. This feature increases liquidity options for users and enhances the overall utility of the platform.

    The presale has already raised $3.2 million, with over 5,500 holders securing their positions early. Currently in Phase 3, priced at $0.02, the token is set to reach $0.06 by the time of its exchange listing, offering early investors a 200% return before any additional market-driven price increases.

    Shiba Inu (SHIB) faces heavy losses

    Meanwhile, Shiba Inu (SHIB) has struggled, dropping 43% year-to-date and wiping out its previous gains. The token recently hit a one-year low of $0.00001097, with a slight rebound to $0.00001193 at the time of writing. Whale activity has played a major role in this decline, as large holders offload SHIB, intensifying sell pressure and rattling retail investors.

    Technical indicators suggest that SHIB has formed a falling wedge pattern, typically a bullish reversal indicator. However, broader market sentiment remains uncertain, and many investors are reconsidering their positions as SHIB struggles to regain momentum.

    Mutuum Finance’s strong foundation and smart contract security

    Mutuum Finance’s real utility and structured financial model make it a standout investment opportunity. The project is built entirely on smart contracts, ensuring that all transactions are secure, transparent, and efficient without the need for intermediaries.

    To further enhance security, the team is currently undergoing a Certik audit, a leading blockchain security assessment. Once completed, the audit will be publicly announced, reinforcing investor confidence and highlighting the project’s commitment to safety and reliability.

    Mutuum Finance continues to gain traction as investors seek alternatives with real utility and long-term potential. While meme coins like Shiba Inu struggle with volatility, MUTM’s structured lending platform and fast-growing presale make it a compelling choice. With its upcoming exchange listing, smart contract security, and increasing adoption, Mutuum Finance is positioned as a strong contender in the DeFi space.

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

    Website: https://www.mutuum.finance/

    Linktree: https://linktr.ee/mutuumfinance

    The post Shiba Inu (SHIB) plunges 43% while Mutuum Finance (MUTM) presale surges to $3.2 million appeared first on Invezz

    Stay in the Loop

    Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

    Latest stories

    - Advertisement - spot_img

    You might also like...