Bitcoin News Today: XRP Maintains $3.50 Level as Mutuum Presale Sells 85% of $0.03 Tokens in $13M Raise, Altcoins Rally on Bitcoin Dominance Drop

The altcoin market is showing renewed vigor as summer heats up, with XRP and Mutuum Finance (MUTM) emerging as standout performers. XRP has maintained its price above $3.50, supported by stable trading volumes and increased on-chain activity. Analysts note that if the asset holds the $3.40 support level, it could capitalize on broader market momentum. Meanwhile, Mutuum Finance’s presale in Phase 5 has sold 85% of its $0.03-priced tokens, raising over $13 million and attracting 14,000+ investors. The project’s security measures, including a CertiK-backed bug bounty program offering up to $50,000 USDT, and a $100,000 giveaway, further bolster investor confidence [1].

Mutuum Finance’s dual-lending model, combining Peer-to-Contract and Peer-to-Peer mechanisms, highlights its focus on flexibility and efficiency in decentralized finance (DeFi). The Peer-to-Contract model uses smart contracts to automate lending based on real-time supply and demand, while the Peer-to-Peer model allows direct borrower-lender interactions, catering to risk-tolerant users. These innovations position MUTM as a scalable solution for real-world financial applications [1].

The broader altcoin market is also gaining traction as Bitcoin dominance declines below 61%, historically preceding major altcoin rallies. Ethereum has outperformed Bitcoin by 65% over the past 30 days, while projects addressing scalability and institutional adoption—such as Bitcoin Hyper, which integrates Solana’s Virtual Machine (SVM) with Bitcoin’s security—are attracting attention. Bitcoin Hyper’s 239% annual percentage yield (APY) staking feature and presale price of $0.012375 are cited as undervalued opportunities [2].

Other projects, including Cardano and Chainlink, are highlighted for their long-term value drivers. Cardano’s steady development and Chainlink’s role in decentralized oracle networks are seen as foundational for blockchain infrastructure. Meanwhile, lower-cap altcoins like Remittix and Shiba Inu are drawing interest due to institutional adoption and meme-driven momentum [3]. Analysts caution that while the Altcoin Season Index has yet to confirm a full bull run, current momentum offers a strategic entry point for investors targeting infrastructure-focused tokens.

The convergence of technological innovation and market dynamics is reshaping the altcoin landscape. Projects enhancing Bitcoin’s utility, such as Bitcoin Hyper, are positioned to benefit from increased institutional interest as Bitcoin consolidation nears $120,000. However, market observers emphasize the importance of capital efficiency and caution against over-leveraging in a still-uncertain macroeconomic environment.

Source: [1] [Best Altcoins to Watch and Buy This Week](https://coinmarketcap.com/community/articles/6881ff6ac73a4f6cb7112d0b/) [2] [4 Crypto Altcoins With Life Changing Potential](https://99bitcoins.com/news/presales/4-crypto-altcoins-with-life-changing-potential-1000-to-millions-before-2025/) [3] [Best Altcoins To Buy Now](https://www.mitrade.com/insights/news/live-news/article-3-979914-20250723/)