The Only Crypto to Buy Now as Dogecoin (DOGE) and Shiba Inu (SHIB) Slow Down

Newcomers in the crypto market tend to win as the oldies enter the consolidation strategies. Some of the top altcoins that have provided massive growth over the last one year have failed to recap their greatest growth. Liquidity has become more profound, stories have become colder, and the price action has become flatter. Although that is the expected trend of growing assets, it compels investors to seek the emerging opportunities of the next cycle. According to analysts, there is a single new token less than one dollar that is already showing the signs of becoming that new player because traders are leaving the meme asset and moving onto utility driven models.

Shiba Inu (SHIB)

Shiba Inu (SHIB) was among the most aggressive assets of the last run in memes. The token paid off the early adopters with astounding percentage returns. SHIB is currently trading in and around the ranges of $0.000008 with a market cap of billions of dollars. It remains popular and has good brand recognition among the retail audiences.

Nonetheless, the very factors which were driving SHIB in the past are today hindrances to structure. The huge market value indicates that SHIB requires substantial liquidity inflows to cause a meaningful upside. 

Another aspect observed by analysts is that chart structure indicates the movement is slowing down with recurring stalls around breakout sectors. High elasticity of prices is decreased by high liquidity and high float. SHIB is not a failed project, but instead it acts like a full-fledged asset as opposed to a lopsided one.

Dogecoin (DOGE)

Dogecoin (DOGE) took another course. It increased based on the narrative momentum and communal energy as opposed to protocol features. DOGE trades at an approximate of the $0.15 range with billions of market cap. 

The benefit to early investors was that they enjoyed viral attention and celebrity endorsements which created a powerful feedback loop. This enabled DOGE to outpacing utility driven assets at the height of the cycle at the time when the meme movement was the order of the day.

However, stories dissipate in the lack of a new stimulus. The community has been diluted, the strength of trends has solidified and no new driver of adoption has come into the ecosystem. In the absence of fresh hype, DOGE has performed in sluggish price action and analysts have given it an average price outlook. 

Mutuum Finance (MUTM) as The Structural Solution

The altcoin that is receiving exposure following the slowdown of SHIB and DOGE is Mutuum Finance (MUTM). It does not have the liquidity problem or the narrative problem. It does not take billions of inflows to be transferred. It is not based on social cycles and hype. Its model is constructed in the form of two types of market lending. 

One of the markets involves pooled lending which is represented by mtTokens following deposits and interest. The second market employs isolated borrowing when it comes to assets where there are certain collateral and liquidation provisions. Price drivers are more predictable and measurable using these mechanics.

This shift is supported by Presale participation. The token is sold at Phase 7 at a price of $0.04. Over one-point nine eight million dollars were raised. The number of holders exceeding 18,800 is tremendous. The total of the 4 billion supply has been dedicated to the presale distribution at 45.5%. Over 830 million tokens are already bought. These are signs of accumulation at a young age as opposed to hype rotation.

Basic Processes Which Reinforce MUTM

A revenue mechanism is also presented by MUTM. Part of the protocol revenue will be utilized to purchase MUTM in the open market when it is live. The protocol acquires tokens and redistributes them back to the users who stake mtTokens in the safety module. 

This establishes system level buy pressure that is associated with utilization as opposed to social attention. Chainlink oracle feeds and fallback modules will be used to help with correct pricing in the case of collateral and liquidation events.

These mechanics deal with the same weaknesses that SHIB and DOGE are grappling with. The creation of value is connected with the activity rather than the sentiment. Analysts project a scenario in which MUTM increases to $0.36 in the year 2027, and this will be equivalent to a 9x growth in value should the adoption be scaled through several phases.

The Roadmap Catalysts 

This positioning is strengthened in the roadmap. V1 protocol testnet prepares for Q4. CertiK issued a 90 out of 100 score. A review of the codebase by Halborn Security was done. The stablecoin borrowing is to provide predictable flows of repayment. 

The goal of layer 2 deployment is to minimize the fees and execution delays during the volatile periods. These measures are important since lending processes grow with usage and not hype.

Phase 7 is being sold out at a faster pace than the previous phases. There have been reports of whale inflows with one wallet giving an estimated amount of $115,000. There is a 24 hour leaderboard that rewards the highest number of daily purchases with $500 in MUTM. Combined, analysts believe that MUTM is in its recognition phase as DOGE and SHIB move to mature return profiles.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://www.mutuum.com

Linktree: https://linktr.ee/mutuumfinance

Source: https://www.cryptopolitan.com/the-only-crypto-to-buy-now-as-dogecoin-doge-and-shiba-inu-shib-slow-down/