The post What Is The Best Cryptocurrency To Invest In As the Market Takes A Hit? appeared first on Coinpedia Fintech News
The cryptocurrency market is experiencing significant turbulence. Bitcoin declined 3% to $115,149 and Ethereum dropped 5.5% to $3,663, as reported by CoinMarketCap.
Globally, the market capitalization has decreased by 3.82 percent to 3.75 trillion dollars which indicates investors are very cautious. With such a downbeat, it is imperative to determine the most suitable cryptocurrency to put your money to overcome volatility.
Mutuum Finance (MUTM) is attracting attention with its presale, which has collected $13.9 million dollars and more than 660 million tokens to 14 thousand holders. Its innovative lending model and secure framework position it as a compelling option.
Bitcoin Holds Critical Support
Bitcoin is consolidating around $115,000, a pivotal level for maintaining its uptrend. Liquidations totaling $630.68 million, primarily from long positions, underscore the market’s volatility.
Analysts observe that Bitcoin recently closed above the significant amount of $115,000 in July, and this is the strongest monthly close of the cryptocurrency reflecting strength. The put/call ratio, which is a measure of the cautious optimism in the options market, is a modest 0.65.
Nevertheless, current crypto rates are reflecting that Bitcoin is not managing to recapture the price of $116,200. Demand in the institutions is still taking up the supply indicating that there could be a rebound. However, such a high price of entry puts an upper bound on new entrants.
Consequently, attention shifts to altcoins offering greater growth potential, such as Mutuum Finance (MUTM).
Mutuum Finance Presale Accelerates
Mutuum Finance (MUTM) is advancing rapidly in Phase 6 of its 11-phase presale, priced at $0.035, a 250% increase from Phase 1’s $0.01.
Phase 6 is selling out quickly, with only limited tokens remaining before a 14.3% price hike to $0.04 in Phase 7. Buying now guarantees a 71% return at the $0.06 launch price, with projections targeting $2 post-launch, offering a potential 5600% gain.
The project has launched a dashboard showcasing the top 50 holders, rewarding them with bonus tokens for maintaining their positions. This incentivizes long-term commitment, enhancing token stability.
Moreover, Mutuum Finance (MUTM)’s utility-driven model sets it apart in the crypto investment space.
Mutuum Finance’s Dual Lending Innovation
Mutuum Finance (MUTM) is developing a decentralized lending platform integrating peer-to-contract and peer-to-peer models on a Layer-2 network, slashing gas fees by up to 90%.
The peer-to-contract system allows lenders to pool assets like Bitcoin and Ethereum, earning up to 12% annual yield. The peer-to-peer model supports riskier assets like memecoins, offering higher returns, such as 33% yield for FLOKI loans.
An overcollateralized stablecoin, minted only during loans and burned upon repayment, ensures price stability. This structure addresses inefficiencies in traditional DeFi, making Mutuum Finance (MUTM) a scalable solution. Furthermore, its beta testnet launch will refine user experience before mainnet deployment.
Mutuum Finance Bolsters Security and Community
Mutuum Finance (MUTM) has finalized a CertiK audit, achieving a 95.00 security score with no vulnerabilities in its smart contracts.
A $50,000 bug bounty program, partnered with CertiK rewards vulnerability discoveries. This is across four severity tiers, reinforcing platform integrity.
The fixed 4 billion token supply and revenue-sharing via buybacks support price growth. Thus, positioning Mutuum Finance (MUTM) as a top crypto investment. Consequently, its robust framework attracts institutional interest.
Navigating Market Volatility
The best cryptocurrency to invest in during market downturns combines stability and growth potential. Mutuum Finance (MUTM) excels with its presale momentum, secure infrastructure, and innovative lending ecosystem.
Bitcoin and Ethereum remain solid but offer limited short-term gains. Investors are encouraged to explore Mutuum Finance (MUTM)’s presale before Phase 6 closes, securing tokens at $0.035 for significant returns.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
