Dogecoin Drops 17% as Whale Wallets Sell Billions Mutuum Finance Presale 60% Sold Out Raising 11.8 Million

Whale wallets have been actively unloading billions in Dogecoin, causing significant price reactions across major exchanges. This selling pressure has led to a decline in DOGE's value, which is now trading at approximately $0.17. The selling activity has been particularly notable, with large sums of DOGE being transferred to exchanges, including a transfer of 155 million DOGE valued at around $25 million to Robinhood. This has raised concerns among traders about the potential for further price drops, with some speculating that DOGE could fall below $0.15.

While Dogecoin faces selling pressure, investors are turning their attention to Mutuum Finance, a new DeFi project that has garnered significant interest. The fifth presale round of Mutuum Finance is already over 60% sold out, with over $11.8 million raised and 12,800 investors onboarded. The project offers real-world utility through decentralized, on-chain lending, which has earned it serious attention in recent crypto news cycles. According to the analyst's forecast, Mutuum Finance (MUTM) could hit $4.8 post-launch if the 8000% projection stands true.

Mutuum Finance has also introduced a $50,000 bug bounty program in partnership with CertiK, offering rewards for identifying vulnerabilities in the project's infrastructure. This proactive approach to security and transparency has further bolstered investor confidence in the project. Additionally, Mutuum Finance is creating an Ethereum-based full-collateralized stablecoin, which is designed to remain stable during market downturns, unlike algorithmic stablecoins that tend to depeg during volatile market conditions.

To further incentivize investment, Mutuum Finance is running a $100,000 giveaway contest, with 10 lucky winners set to receive $10,000 worth of Mutuum Finance tokens each. This, combined with the project's strong momentum and real-world utility, has made it a standout option for investors looking for higher-upside opportunities in the crypto market. With over $11.8 million raised, 12,800+ investors onboarded, and Phase 5 already 60% sold out, Mutuum Finance's momentum is undeniable. Investors are encouraged to join the presale before the next price jump to secure the lowest available price.