In a week filled with optimistic news, lots of attention may be on Solana (SOL) as it teases a potential 200% price rally fueled by the recent launch of staking ETF, but a lesser-known coin, Mutuum Finance (MUTM), is quietly stealing the spotlight. MUTM has sold more than 60% of presale stage 5 at $0.03. MUTM has mobilized in excess of $11.9 million and has attracted over 12,800 investors. While SOL’s momentum underscores the renewed interest in blue-chip cryptocurrencies, it’s MUTM that could redefine the narrative, with projections pointing toward a staggering 2,000% surge to $1.2 post launch.
Solana Eyes 200% Rally as Staking ETF Boosts Momentum
Solana (SOL) is receiving new buzz with the launch of the EX Shares and Osprey Funds staking ETF, which may become a significant driving force behind the future price increases within the next few months.
SOL, which is now trading at $146.90, has exhibited a positive trend as it recovers its bottom in a range that is being tracked by analysts in between $158 to $165. Bullish momentum may remain on track and, as institutional interest heightens, some suggest that, eventually, Solana could reach the levels between $180 and $200, or, in other words, potentially double its recent lows.
Although SOL is still one of the most closely followed large-cap altcoins over the summer, there is another potentially more popular project in the presale status that has been attracting the attention of traders: Mutuum Finance.
Mutuum Finance Stage 5 Presale Goes Parabolic
Mutuum Finance (MUTM) is picking up some serious traction as it soars in Stage 5 of its presale. With more than 12,800 early adopters and well over $11.9 million in funds raised, the project is taking giant strides as a major player in the DeFi.
Mutuum Finance, in its plans to build more on its DeFi, is launching a fully collateralized USD-backed stablecoin on the Ethereum blockchain. In contrast to highly risk-exposed algorithmic stablecoins, this token has been designed in such a manner that it will guarantee its value even during market volatility.
The project itself is about integrity and security. Mutuum Finance platform is already audited by CertiK as well, which once again shows team dedication to transparency, reliability, and sustainability.
Mutuum Finance also introduced Bug Bounty Program with CertiK, where a reward of 50,000 USDT is offered. The bounty comes in four categories, namely the critical, major, minor, and low. This will level out all the tiers of vulnerability and reward it alike.
Early Backer Incentives
In appreciation of the presale mania and as a token of appreciation to early adopters, Mutuum Finance (MUTM) will distribute a $100,000 giveaway. Ten such winners will receive $10,000 worth of MUTM tokens for being part of the early backers of the project. With the community growing exponentially, the early backers are being rewarded, not only with possible future gain, but with real, present-time rewards.
Mutuum Finance’s Dual-Lending Model
Mutuum Finance (MUTM) is designed as a hybrid lending platform that will serve the active as well as passive DeFi users. Users can earn passive income by lending their USDT via smart contracts pools which provide stable passive income in the project’s Peer-to-Contract (P2C) lending mechanism.
In addition, the Peer-to-Peer (P2P) model permits lenders and borrowers to be as engaged as they could ever be in reciprocating terms of a transaction and do not require a third party to act on their behalf. The paradigm is more prevalent for the clients of less secure assets.
While Solana targets a 200% rally, Mutuum Finance (MUTM) is eyeing a massive 2,000% surge. With $11.9M+ raised, 12,800+ investors, and Stage 5 over 60% sold, momentum is building fast. Join the presale now before the price climbs.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
