Crypto Market Sees $701 Million Liquidations Amid Macro Uncertainty, PEPE Drops 18%

The crypto market experienced a significant downturn with over $701 million in liquidations, primarily from long positions, due to increasing macroeconomic uncertainty. Pepe (PEPE) was one of the most affected, with an 18% drop over the week and an 8.22% decline in 24 hours, falling to $0.0000092. This price drop erased gains from its May high of $0.0000167, adding a zero to its price and indicating waning investor confidence. Despite the bearish trend, technical indicators suggest that a relief rally could be possible if PEPE breaks above its 50-day and 200-day moving averages. With a market cap of $3.71 billion, PEPE remains vulnerable unless market sentiment improves.

Traders who pursued short-term gains are now facing substantial losses and a lack of utility behind their tokens. This cycle, while familiar to the market, is now driving more discerning investors toward platforms that offer real financial mechanisms, passive income, and sustainable token models. Mutuum Finance (MUTM), currently in Phase 5 of its presale at $0.03 per token, is attracting attention for providing utility and yield, which are often lacking in meme coins. With over $11.3 million raised and more than 12,600 holders, this early-stage DeFi project is creating meaningful opportunities for users to lend, borrow, and earn. It is more than just a platform; it is a system designed to support advanced use cases, including meme coin lending through a unique Peer-to-Peer (P2P) model. While PEPE holders are experiencing losses, early MUTM backers are preparing for real-world lending use, Layer-2 speed, and a beta launch that will coincide with token listing.

Unlike traditional protocols that overlook volatile tokens, Mutuum Finance (MUTM) is creating dedicated lanes for high-risk assets like Pepe (PEPE), Dogecoin (DOGE), and Shiba Inu (SHIB) through its upcoming P2P lending engine. Users will be able to list meme tokens as collateral and negotiate custom loan terms with lenders, setting rates, durations, and collateral ratios on a case-by-case basis. This functionality allows traders to unlock capital without selling their tokens, preserving exposure while gaining liquidity. This P2P approach will coexist with a more traditional Peer-to-Contract (P2C) lending model. In this setup, users can deposit stablecoins like USDT into smart contracts and receive mtTokens such as mtUSDT in return. These mtTokens will accrue interest based on pool usage and can even be staked to earn additional protocol dividends. For example, someone who deposits $10,000 in USDT and receives mtUSDT could see that grow by over $1,500 in a year if pool utilization drives APY around 15%. Meanwhile, borrowers using the P2C route will be able to access loans backed by Ethereum (ETH), Solana (SOL), or ChainLink (LINK), enabling flexible, overcollateralized borrowing with adjustable interest terms. The protocol will ensure risk management through liquidation safeguards. A borrower who posts $1,000 worth of ETH, for instance, will be able to borrow up to 75% of that value, depending on the loan-to-value (LTV) ratio. If the collateral’s value drops below a required threshold, the loan will be liquidated to protect the pool and prevent bad debt.

Large wallets are already showing confidence in Mutuum Finance (MUTM). On-chain activity shows one user moving $90,000 worth of ETH into MUTM, anticipating a rerating once Phase 6 begins and the price increases. At the current $0.03 token price, a $9,000 investment would grow to $180,000 with a 20x surge—a target analysts consider realistic given the project’s growth trajectory and upcoming tokenomics rollout. Part of what’s accelerating interest is the protocol’s Layer-2 architecture. Mutuum Finance (MUTM) is being built to operate with lower fees and faster speeds, solving two of DeFi’s biggest issues: transaction cost and congestion. This makes it ideal not just for long-term holders, but also for high-frequency lenders and borrowers seeking efficient access to liquidity. The team’s roadmap also includes the launch of a beta version by the time the token goes live. This roll-out will introduce the protocol’s decentralized stablecoin—an overcollateralized asset designed to hold its peg via algorithmic interest rate controls and smart contract mint/burn mechanics. This feature will further enhance treasury reliability, offering even more lending stability. Adding to the excitement, Mutuum Finance (MUTM) is running a $100,000 giveaway to reward early believers. Ten winners will each receive $10,000 worth of MUTM tokens—an incentive designed to spotlight users who are helping shape the platform’s launch. The project’s CertiK audit, with a 95.00 Token Scan Score and 77 Skynet Score, further affirms its credibility. Backed by over 10,000 Twitter followers and robust on-chain engagement, this DeFi newcomer isn’t chasing hype—it’s building a system. And as PEPE and other meme coins continue to bleed value, more investors are shifting to Mutuum Finance (MUTM) not out of fear, but conviction. The window at $0.03 is closing fast—those who act now will be the ones celebrating 20x, 25x, or even 30x gains while others watch from the sidelines.