Crypto news: ADA eyes $3.50 breakout as MUTM targets $5 in bullish surge

Furthermore, Cardano achieved its first weekly golden cross. This technical event signals potential bullish momentum. The 50-week moving average crossed above the 200-week line. Santiment data reveals substantial accumulation by major holders. Addresses holding 10-100 million ADA added over 1.28 billion tokens. Daily active addresses jumped to 38,600, the highest since late May. This activity underscores renewed network engagement. Technical analysis points towards key resistance levels. Breaking $0.90-$1.20 is seen as crucial. CoinCentral identifies $1.83 as a possible year-end target. Some forecasts even project ADA reaching $3.50. This represents potential gains exceeding 370% from current prices. Traders watch for a daily close above $1.20. Consequently, ADA presents a notable risk-reward profile among large caps. Amid ADA prospects, a new rival emerges: Mutuum Finance (MUTM). Mutuum Finance (MUTM) presale gains substantial traction Meanwhile, Mutuum Finance (MUTM) progresses rapidly through its presale. Phase 5 is currently underway with strong participation. The presale has already raised an impressive $12,500,000. Over 615 million MUTM tokens have been sold to investors. Total MUTM holders now number 13,500 and counting. Phase 5 tokens are priced attractively at $0.03 each. This represents a significant 200% increase from the first phase price of $0.01. Current demand is high, with Phase 5 over 80% filled. This low-price opportunity is ending soon. Afterwards, Phase 6 will commence. The token price will then rise to $0.035, a 16.7% increase. Mutuum Finance plans a public launch price of $0.06. Purchasing at the current $0.03 guarantees a 100% return on investment at launch. This potential 2x gain is structured directly into the tokenomics. Moreover, analysts see substantial post-launch growth potential. Predictions suggest MUTM could reach $3.50 within the next market cycle. This projection offers significant upside from the presale entry point. Mutuum Finance security and incentives bolster confidence Security remains paramount for Mutuum Finance. The project successfully completed a comprehensive audit by CertiK. This respected firm awarded Mutuum a 95.00 security score. The Audit confirmed a robust security posture. To enhance security further, Mutuum Finance launched a Bug Bounty Program. This initiative partners directly with CertiK. A substantial $50,000 USDT reward pool is available. Rewards are structured across four tiers based on vulnerability severity. Additionally, Mutuum Finance is running a major giveaway event. The project will award $100,000 in MUTM tokens. Ten fortunate winners will each receive $10,000. Mutuum Finance also introduced a new dashboard feature. This includes a leaderboard tracking the top 50 token holders. These leading holders will earn bonus token rewards. Maintaining a position within the top 50 yields ongoing benefits. Solid foundations signal potential growth Mutuum Finance demonstrates clear momentum and planning. Its presale structure offers immediate entry advantages. The $0.03 price point in Phase 5 is compelling. Reaching the $0.06 launch price is a direct outcome of the token design. This crypto investment presents a calculated opportunity. Market observers note the project’s focus on practical solutions. The dual lending model addresses diverse user requirements. Security validation via CertiK provides essential trust. Crypto news today highlights both ADA’s technical setup and MUTM’s presale progress. Both tokens offer distinct propositions for investors monitoring the crypto market. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post Crypto news: ADA eyes $3.50 breakout as MUTM targets $5 in bullish surge appeared first on Invezz

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