Cardano Drops 9% as Mutuum Finance (MUTM) Raises $10.2M in Presale

Cardano's price has experienced a downturn, declining by 9% over the past week and failing to surpass the $0.700 barrier. This marks the fourth loss in five days, with the price slipping below the 50-day Moving Average. The bearish trend has led to Cardano losing its ninth spot on CoinMarketCap to Tron (TRX). Despite a 2.34% rise in open interest in ADA contracts to $399.2 million, the primary support level remains at $0.681, with a potential drop to $0.660 if selling pressure continues. The overall crypto market reflects Cardano’s struggle, with Ethereum surging by 43% and DeFi TVL growing by 12.8%, while Cardano’s DeFi TVL dips by 1.8%, dimming its short-term outlook. Investors are now exploring alternatives in the crypto market.

Meanwhile, Mutuum Finance (MUTM) has gained significant traction in its presale, raising $10,200,000 with over 535 million tokens sold to 11,700 holders. Positioned as a top crypto to buy now, Mutuum Finance (MUTM) offers a fresh DeFi approach with its phase 5 presale priced at $0.03, promising a 100% ROI at launch. The project guarantees a 100% ROI at its $0.06 launch price, with the potential to climb to $2.50 in 2025, yielding an 8,233% return. The momentum behind Mutuum Finance (MUTM) reflects confidence in its structured tokenomics and sets the stage for its innovative DeFi platform. The team recently launched a dashboard showcasing the top 50 holders, rewarding them with bonus tokens for maintaining their rank, which boosts engagement and makes Mutuum Finance (MUTM) a standout in crypto investing.

Mutuum Finance (MUTM) is transforming crypto lending with a dual Peer-to-Contract (P2C) and Peer-to-Peer (P2P) model. The P2C model allows users to deposit stablecoins into smart contract pools, earning passive income through adjustable interest rates. The P2P model enables direct, intermediary-free transactions, enhancing user control and transparency. This system empowers lenders and borrowers, streamlining DeFi access. Mutuum Finance (MUTM) also prepares to launch an Ethereum-based, USD-pegged stablecoin, backed by overcollateralized assets for stability. Crypto predictions highlight its potential to reshape DeFi, offering scalability via layer-2 integration, which reduces fees and speeds transactions, addressing common crypto market pain points. A beta platform launch alongside listing ensures immediate utility, driving demand for Mutuum Finance (MUTM). The team finalized a Certik audit, scoring 80.00 for security with no vulnerabilities found. Active monitoring and moderate social media engagement bolster transparency, making Mutuum Finance (MUTM) a trusted crypto investment. Investors view it as a top crypto to buy now, blending rewards with robust utility.

As Cardano faces short-term hurdles with bearish signals dominating crypto charts, Mutuum Finance (MUTM) surges ahead, leveraging its presale and DeFi innovation. Its $0.03 phase 5 price, 100% ROI guarantee, and $2.50 post-launch target make it a top crypto to buy now. Unlike Cardano’s slow climb, Mutuum Finance (MUTM) offers immediate value and long-term potential. Investors seeking the next crypto to hit $1 should explore Mutuum Finance (MUTM).