Dogecoin has been trading at $0.176 and has recently seen price action moving sideways. Over the last 24 hours, tranquil market conditions and falling volumes, around 55%, have confounded the Dogecoin price action. Even with potential long-term macro cycles and positive sentiment from Bitwise’s spot ETF application, Dogecoin price was unable to gain traction this week.
Low price action potential appears to have led to recommendations to meme-inspired Dogecoin for short-term gains. The crypto market is looking beyond Dogecoin’s potential as numerous crypto assets presales with solid fundamentals are being pointed out, especially Mutuum Finance (MUTM) as the top crypto to buy now.
Dogecoin’s Waiting Game
Dogecoin gained 12% in response to the recent ETF news. It was a strong start, but Dogecoin’s progress came to a stop. The coin is stuck between important support and resistance levels and is still reliant on regulatory outcomes and market sentiment. More on-chain data shows whales may be switching out of DOGE and selling over 3 billion DOGE in the last 30 days. This signals capital may be rotating away to other projects with utility.
Investors looking for assets with utility, and not solely based on the current hype cycle, may want to buy foundational DeFi projects. Right now, those are the cheapest and best crypto to buy now.
Mutuum Finance Presale: Final Call Before Price Leap
MUTM presale is showcasing what real, demand-driven momentum looks like. Currently in Presale Phase 6, gains are demonstrating what genuine demand-driven momentum looks like. Raising a remarkable 18,700,000 in presale and a community of 17,950 holders reinforces massive confidence from potential holders. Currently in Phase 6, this phase allows for purchases of MUTM tokens at 0.035. With over 90% of this phase filled, MUTM has created a meaningful and time-bound opportunity for investors.
A Stablecoin-Anchored Ecosystem for Lasting Value
A resilient ecosystem is what Mutuum Finance is building and presale numbers is just a part of it. For the long term, part of the plan is to offer an on-demand, decentralized stablecoin at a 1:1 exchange rate with the U.S. dollar. This won’t use an algorithmic stablecoin approach, as the vaults will provide more than enough over-collateralized reserves coming from the protocol’s own lending pools.
Such a design provides more than enough collateral and user volatility impacts will be minimized. There will also be a constant and sustainable revenue stream as interest earned on the reserves will recycle back to the project treasury. With integrating the stablecoin, MUTM can now be seen as a crypto buy now as it will provide predictable and stable value anchoring and self-sustaining growth, making it a crypto to buy now resilient value project.
Making Security Unavoidable
Mutuum Finance is in an area where people need ultimate security. That is why confidence is instilled in people through detailed and enforceable safeguards. 90 out of 100 is a drastically good Token Scan score achieved by Certik. This type of score achieved proves that there is a strong and well structured code base in MUTM.
MUTM has also triggered a $50,000 active bug bounty program with Certik, and is encouraging people to ethically stress-test the system by hacking the secured system prior to its launch. This in addition to the token scan, will rest assured that the system will be risk-free to invest in and will show that MUTM is a secured digital investment and not a risk longing asset.
The MUTM presale is growing and so is the user demand. This is the perfect time for new investors that are claiming it is the absolute best cheap crypto to buy now. The time to do so is quickly closing.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance