Crypto news: XRP down 5% on selling pressure; MUTM targets Ripple’s spot

XRP is grappling with a 5.3% price drop, sliding from $2.21 to $2.10 in just 24 hours, as selling pressure mounts despite whale activity. Meanwhile, Mutuum Finance (MUTM) is surging forward in its presale, capturing investor attention with a robust DeFi model. The crypto market remains a whirlwind of opportunity, and Mutuum Finance (MUTM) is positioning itself as a top crypto to buy now. With Phase 5 underway, priced at $0.03, the project has raised $11,300,000 and sold over 575 million tokens to 12,600 holders. XRP’s price wobble XRP is facing turbulence, dropping 5.3% to $2.10 after hitting a session low of $2.08. Heavy selling struck between 12:00 and 16:00 UTC, with trading volume spiking above 114 million XRP. Resistance at $2.17 proved stubborn, rejecting recovery attempts at $2.14. Despite a late bounce to $2.105, buyer exhaustion capped gains. Whale transfers, including Ripple’s $439 million move, sparked speculation of distribution, unsettling traders. Technical charts show XRP trapped in a descending channel, with $2.08 as key support. Consequently, XRP’s path hinges on holding this level, as crypto prices waver under market uncertainty. Mutuum Finance’s presale surge Mutuum Finance (MUTM) is powering through Phase 5 of its 11-phase presale, with tokens priced at $0.03—up 200% from the opening phase’s $0.01. Over 50% of Phase 5 is filled, signaling the window to buy at this price is narrowing. Phase 6 will bring a 16.7% price hike to $0.035, and the token’s launch at $0.06 guarantees a 100% return for current buyers. With $11,300,000 raised and 575 million tokens sold to 12,600 holders, Mutuum Finance (MUTM) is drawing serious interest. Furthermore, its long-term potential shines, with projections estimating a $3 post-launch value in 2025, offering a 10,000% ROI. DeFi innovation with Mutuum Finance Mutuum Finance (MUTM) is redefining DeFi with its dual lending model, blending Peer-to-Contract and Peer-to-Peer systems. The Peer-to-Contract setup uses smart contracts for automated, market-responsive lending, ensuring stability. However, under Peer-to-Peer lending the transaction can be tailored appropriately allowing direct but volatile asset transactions to be made. This allows the user to have more control compared to you on the centralized platforms which makes Mutuum Finance (MUTM) unique. The project also plans a fully collateralized, USD-pegged stablecoin on Ethereum, minimizing depegging risks. Consequently, this stablecoin will streamline lending, staking, and yield generation, boosting ecosystem efficiency. Moreover, Mutuum Finance (MUTM) has finalized a CertiK audit, earning a 95.00 security score with no vulnerabilities in its smart contracts. These initiatives highlight Mutuum Finance’s commitment to community and security, making it a top crypto to buy now. Mutuum’s scalable future Mutuum Finance (MUTM) is building beyond lending with mtTokens, which represent user deposits and accrue interest, offering liquidity for trading or staking. The protocol’s buyback system rewards stakers, cycling revenue back to users. Plans for Layer 2 scaling will cut gas fees and enhance transaction speed, positioning Mutuum Finance (MUTM) for global adoption. These features make it a compelling choice for crypto investment, as the project balances immediate utility with long-term growth. Furthermore, crypto prices today reflect growing interest in projects like Mutuum Finance (MUTM), which prioritize real-world use over speculation. Its presale success and innovative ecosystem signal a bright future, unlike XRP’s current struggles. Riding the crypto wave XRP’s 5% slide underscores the crypto market’s volatility, while Mutuum Finance (MUTM) emerges as a top crypto to buy now. With Phase 5 over 50% filled and a guaranteed 100% ROI at launch, Mutuum Finance offers stability and growth. Its audited contracts, innovative lending, and planned stablecoin set it apart. Investors seeking the next big opportunity should explore Mutuum Finance’s presale before prices rise. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post Crypto news: XRP down 5% on selling pressure; MUTM targets Ripple’s spot appeared first on Invezz

Source: Invezz