Bitwise Updates Dogecoin ETF Filing, Boosts Approval Odds to 80% Mutuum Finance Raises $11.3 Million in Presale, Predicted to Reach $2.50 by 2025

Bitwise Asset Management has updated its filings for a Dogecoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC), introducing an “in-kind” mechanism that allows for the direct exchange of ETF shares for Dogecoin. This revision aims to enhance tax efficiency and reduce market impact, potentially increasing the likelihood of regulatory approval. According to analysts, the odds of approval have risen to 80%, although the SEC recently delayed its review to ensure compliance. Other firms, including Grayscale, are also seeking approval for Dogecoin ETFs, but Bitwise is currently leading the pack. Despite these developments, the path for Dogecoin to reach $1 remains uncertain.

Meanwhile, Mutuum Finance (MUTM) is gaining significant attention with its innovative DeFi features and successful presale phases. In phase 5 of its 11-phase presale, MUTM has raised over $11.3 million, with 575 million tokens sold to 12,600 holders. Priced at $0.03, MUTM offers a guaranteed 100% return on investment (ROI) at its $0.06 launch price. Analysts predict that MUTM could reach a post-launch value of $2.50 by 2025, offering substantial returns for early investors. The presale has seen rapid progress, with over 50% of phase 5 already filled, indicating a fast-closing window for early investors. The price of MUTM tokens has tripled since the start of the presale, and phase 6 will see a 16.7% increase to $0.035.

Mutuum Finance’s dual lending model sets it apart in the DeFi space. The peer-to-contract system uses smart contracts for dynamic interest rates, ensuring stability, while the peer-to-peer model enables direct lending, ideal for volatile assets. Users retain full control over their assets, enhancing security and flexibility. Additionally, Mutuum Finance is developing a USD-pegged stablecoin on Ethereum to streamline transactions and boost liquidity, reducing depegging risks. The platform’s focus on utility and security strengthens investor confidence.

Mutuum Finance has also prioritized security and community engagement. The platform has completed a CertiK audit, earning a 95.00 security score with no vulnerabilities found. To further enhance security, Mutuum Finance launched a $50,000 USDT Bug Bounty Program with CertiK, rewarding discoveries across four severity tiers. The platform is also hosting a $100,000 MUTM giveaway, split among 10 winners, to spark excitement and foster community engagement. Participants need a $50 presale investment and must submit a wallet address while completing all quests. A leaderboard rewards the top 50 holders with bonus tokens, further encouraging community involvement.

The race to reach $1 is intensifying between Dogecoin and Mutuum Finance. While Dogecoin’s ETF progress is promising, regulatory hurdles remain, and its meme-driven appeal lacks the utility of Mutuum Finance’s DeFi ecosystem. MUTM’s presale success, with $11.3 million raised and a guaranteed 100% ROI at launch, makes it a compelling choice for investors. Analysts predict that MUTM could hit $2.50 in 2025, far outpacing Dogecoin’s speculative climb. Investors seeking the next crypto to hit $1 should consider MUTM’s fundamentals and its potential for significant returns.