Mutuum Finance (MUTM) is emerging as a top contender in the cryptocurrency market, with its Phase 6 presale accelerating toward a sell-out. The project has raised approximately $18.90 million from over 18,100 investors, with tokens priced at $0.035 each and 95% of the phase already sold. Upon completion, the price will increase to $0.040 in Phase 7, marking a 15% jump, and analysts project potential gains of 200% to 400% by the platform's launch, with targets ranging from $0.18 to $0.70.
In contrast, XRP is testing a critical resistance level at $2.350, with support at $2.20 and $2.150. Steven McClurg, CEO of Canary Capital, highlighted the significance of XRP ETFs, including Franklin Templeton's EZRP ETF and Canary Funds' XRPC ETF, which recorded about $58 million in trading volume on its first day. Meanwhile, Solana (SOL) is vulnerable with support at $130, potentially sliding to $120-$113 if broken, and Cardano (ADA) is holding at $0.46, with key support at $0.455.
Mutuum Finance's platform, set for a Q4 2025 launch on the Sepolia testnet, features a dual lending model (Peer-to-Contract and Peer-to-Peer), a decentralized $1-pegged stablecoin, and staking rewards. The protocol will initially support ETH and USDT for lending and borrowing, with overcollateralized loans and automated liquidation mechanisms to ensure security. Community incentives include a $100,000 giveaway and daily rewards, fostering engagement among early adopters.
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