Under $0.20 for now: is MUTM the next big cryptocurrency to explode?
4 min read
A massive shift is taking place in the crypto world as investors search out new opportunities for growth. Amid this realignment in the crypto sector, this under $0.20 DeFi token, Mutuum Finance (MUTM) , is garnering the attention of crypto investors. According to analysts, Mutuum Finance (MUTM) could rise 45x once it goes live, and best of all, it is still in the presale phase. As such, it presents a massive opportunity for huge return due to the discount in the current phase of the presale. MUTM tokens are destined for succes Mutuum Finance (MUTM) is currently in the presale, where tokens are going for a 50% discount. In the current phase 5 of the presale, tokens are going for $0.03. The tokens will list for $0.06, which makes this the perfect opportunity to add MUTM to your portfolio. So far, over $11.3 million has been raised in the ongoing presale from around 12,550 unique buyers. The presale has been a massive success, where 50% of the tokens set aside for phase 5 have been sold, less than a month after they went live. At this rate, the window for the massive discount will not last long. This is because the token price will go up by 16.67% in the phase 6 to $0.035. Why analysts are confident of a 45x increase Analysts predict that the price of MUTM tokens could rise 45x, and for good reason. One of the reasons they are so confident about the future price of the tokens is the planned beta version launch. The beta version of the Mutuum Finance platform will coincide with the token listing. This event is expected to generate massive media interest, pushing the price of MUTM tokens to new heights. One way it will achieve this is by inspiring fence-sitters to finally add MUTM tokens to their portfolio. As the capital starts to stream in, this will push up the price. Another reason for the optimism amongst investors is the upcoming altcoin rally. The crypto market is currently in a period of transition that has seen price movement remain stagnant. After this phase passes, the price of crypto is expected to explode, leading to massive gains for their holders. The next altcoin rally is expected to be led by utility, and not mere hype. This is because while meme coins helped to bring in a massive number of new users, they did not deliver on their promise of high returns. These users, who have had time to analyze their past trading strategies, are now laser-focused on utility. This new focus will benefit the Mutuum Finance (MUTM) project, which is built on the solid foundation of utility. Another reason why analysts have high hopes for MUTM tokens is that the project is CertiK-audited. A CertiK audit has become crucial to the success of any project in the modern era of crypto. While projects may have gotten by in the past without one, most investors will not even look at a project twice if it has not been CertiK audited. So far, the project has a Token Scan Score of 95 on CertiK. Mutuum Finance partners with CertiK As part of the effort to maintain the highest levels of security on the ecosystem, Mutuum Finance has partnered with CertiK on a $50,000 USDT bug bounty program. The program is split into four tiers, which are critical, major, minor, and low. Those that find the most critical issues on the platform will get the biggest rewards. The protocol design Mutuum Finance is a decentralized non-custodial protocol where users can participate as lenders, borrowers, or liquidators. Lenders deposit their assets in the protocol’s pools to receive interest. Borrowers, on the other hand, deposit collateral into the pools to access the liquidity. Interest rates for both lenders and borrowers are determined by the pool utilization rate. As borrowers take a larger portion of the liquidity in a pool the interest rate rises. That encourages the borrowers to repay their loans while attracting more lenders to deposit liquidity in the pools. As a result, the overall liquidity of the protocol grows. This system is designed to ensure optimal capital utilization. MUTM could be your next explosive gainer Analysts forecast that Mutuum Finance (MUTM) will be one of biggest beneficiaries of the upcoming altcoin rally. You can be part of this explosive 40x growth by adding MUTM tokens to your portfolio. This is the opportunity that you have been waiting for in the crypto sector. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://www.mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post Under $0.20 for now: is MUTM the next big cryptocurrency to explode? appeared first on Invezz

Source: Invezz