The month of June has seen Bitcoin (BTC) between a low of around $98k and a high of around $111k. Amid these massive movements, Bitcoin (BTC) has not had the more bullish swings seen in past cycles.
The price of BTC has remained relatively stable, with some bearish movement following the escalation of the conflict in the Middle East. However, it has rebounded, and there has been cautious optimism amongst market participants.
Active Addresses At 2020 Levels
Recent analysis of Bitcoin active addresses shows there is a lack of excitement regarding the future of BTC. According to the data, the active addresses in this bull cycle mirror the levels last seen in 2020 when the world was facing political uncertainty due to the US elections, and dealing with COVID. At the time, there was widespread fear, and that same level of market engagement is being witnessed today.
While it could point to growing fear, it could also indicate that the BTC market has matured. Additionally, it could signal that current buyers are confident about the long-term growth prospects of Bitcoin (BTC).
Amid this uncertainty in the market behavior, investors have turned to little-known Mutuum Finance (MUTM) to drive gains. The project is currently in phase 5 of its presale, where the capital raised breaks through new barriers daily.
Optimism for Mutuum Finance (MUTM) is driven by the fact that it is built on long-term utility. Unlike other crypto projects that have been based on hype, such as the PEPE meme coin, the protocol design of this project ensures that holders of MUTM tokens will continue to reap rewards long after it goes live. Best of all, they will be predictable and sustainable.
The Mutuum Finance (MUTM) Presale
Mutuum Finance (MUTM) is currently in the fifth phase of its presale and has raised over $11.2 million so far. The tokens in the current phase are going for $0.03 each, a 200% increase from the phase 1 price of $0.01.
In the upcoming phase 6 of the presale, the token price will go up by 16.67% to $0.035. This increase will also significantly cut the current 50% discount based on the planned listing price of $0.06. To take full advantage of this presale, you need to act fast, as 50% of the tokens set aside for the phase have already sold out.
Analysts are highly optimistic about the presale, and forecast that the price could go up by 2,600% when the tokens go live. Based on that forecast, a $1,800 investment in the presale could yield over $46,000, a respectable haul that has caused even the whales to take notice.
There are several reasons why analysts are so optimistic about the future of MUTM tokens. One of them is that this project is CertiK audited. With a Token Scan Score of 95 on CertiK, it has helped to boost confidence amongst buyers, pushing the presale to its current heights.
Another major reason is that Mutuum Finance (MUTM) is listed on CoinMarketCap. This strategic listing will ensure that MUTM tokens have a high level of visibility when they go live. With over 350 monthly visitors on the platform, it could help to drive up the price of MUTM tokens when they go live.
The third reason why analysts are so confident about the future growth of MUTM tokens is the planned beta version launch. Mutuum Finance’s team has announced that on the token listing day, they will launch a beta version of the platform to the masses. This beta launch is expected to generate massive interest in the project, which will lead to a buying spree for MUTM tokens. Amid the rush to secure tokens, it could push the price to new heights.
The Protocol Design
Mutuum Finance (MUTM) is a decentralized non-custodial protocol where users can participate as lenders, borrowers, or liquidators. As lenders on the platform, you supply liquidity into communal pools secured using smart contracts.
Meanwhile, borrowers can take loans from those pools using overcollateralized collateral. To ensure the overall safety of the ecosystem, Mutuum Finance uses various parameters to determine how secure a loan position is. If a loan falls below a preset level of collateralization, a liquidation is triggered.
During a liquidation, the liquidators step in and purchase the debt at a discount. The discount that lenders receive can be adjusted upwards to encourage them to act fast to preserve the solvency of the ecosystem.
To keep gas fees low and make the protocol competitive, Mutuum Finance (MUTM) will implement an asset screening process, where only a limited number of assets will be allowed to participate in the protocol. These assets will be carefully chosen, ensuring to maintain a balance between market participation and the stability of the protocol.
With a massive 50% discount on the MUTM tokens, coupled with optimistic forecasts of 26x growth, the MUTM tokens presale is a must-have in your portfolio. It could deliver some of the biggest gains for your crypto investment strategy in 2025.
For more information about Mutuum Finance (MUTM), visit the links below:
Website: https://www.mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
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Source: https://blockonomi.com/bitcoin-activity-drops-to-2020-levels-as-mutuum-finance-mutm-attracts-a-new-wave-of-buyers/