Solana (SOL) has remained unable to gain momentum, as investors take a pause in the overall muted market. All eyes are on Mutuum Finance (MUTM) though, the new DeFi that’s getting all the limelight with its guaranteed 20x potential. The project is attracting more investors and reshaping DeFi.
MUTM presale now has 16,150 investors who have raised a total of $15.5M. While SOL consolidates, Mutuum Finance is leading the way in the DeFi space by demonstrating how newer blockchain projects can still attract market attention even when older tokens consolidate.
Solana Consolidates Amid Shifting Market
Solana (SOL) is sitting at approximately $207.62 with minimal intraday activity after recent upward movement. The token appears to be catching its breath for the time being as investors consider opportunity within the broader crypto market, between legacy networks and newer altcoins. Solana has the backing of its highly performant, scalable blockchain technology while the market considers new potential, including platforms like Mutuum Finance (MUTM).
Mutuum Finance Phase 6 Presale
Mutuum Finance is currently in Phase 6 of presale, and the tokens are going for $0.035 per token. Waiting for Phase 7 comes with an additional risk of 14.29% per token because the price will increase to $0.04. The presale has already recorded more than 16,150 investors and more than $15.5 million raised, indicating confidence in the project’s long-term plan and prospects within the DeFi ecosystem. The above statistics are with respect to the recognition of MUTM’s market as a significant contributor to decentralized finance.
Developing a Stable and Secure Platform
Within the infrastructure, the project will launch a USD-pegged stablecoin on the Ethereum blockchain. The stablecoin will be an overcollateralized, non-algorithmic stablecoin so that it becomes secure and stable in the long term. Unlike algorithmic stablecoins that can lose their peg during periods of market volatility, this stablecoin will be stable enough to retain its value and be an excellent long-term asset for users to hold and transact.
A Long-Term DeFi Vision
Mutuum Finance bi-directional lending facility provides the client with the capability to switch between a smart contract (P2C) and peer-to-peer (P2P) lending foundation back and forth instantly. Transparency of the platform, efficiency, and institution-grade architecture allow it to address the heterogenous, non-homogenous needs of individual and organizational clients. The platform grows with client demand for security and stability while encouraging expansion in retail and institutional participation.
Control over Security and Stability
Mutuum Finance is serious about security, opening the way for white-hat hackers to discover potential weaknesses in a $50,000 USDT Bug Bounty Program in partnership with CertiK. There are four severity levels to classify vulnerabilities, with compensation determined by severity. The program keeps the platform codebase well-tested and secure, protecting users and investors.
In addition to the security measures, the platform is organizing a $100,000 giveaway to stimulate ecosystem growth and adoption. Ten investors will be rewarded with 10,000 MUTM tokens for being the project supporters and for expanding the ecosystem. The team does not want to just develop a secure and functional platform but to generate hype and excitement for the ecosystem, developing long-term growth, stability, and investor trust.
Mutuum Finance (MUTM) is gaining momentum as Solana (SOL) slows down at $207.62. The Stage 6 presale tokens are pegged at $0.035, to rise by 14.29% to $0.04 in Stage 7. Over 16,150 investors have invested $15.5M, reflecting confidence in the project. Featuring a USD-pegged stablecoin, P2C and P2P dual lending, $50K CertiK bug bounty, and $100K community giveaway, MUTM offers growth opportunities, scalability, and security. Purchase stage 6 tokens today before the upcoming tier blasts the price through the roof.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
Source: https://www.cryptopolitan.com/today-sol-unable-to-gain-momentum-as-investors-turn-attention-to-mutuum-finance-mutm-20x-potential/
