Dogecoin News Today: Dogecoin Rises 5% as Mutuum Finance Surges 250% in Presale

Dogecoin (DOGE) has experienced a recent uptick, trading at $0.239 after rebounding from the $0.22 support level [1]. Over the past 24 hours, the coin has gained 5%, with analysts noting that a break above $0.25 could set the stage for a move toward $0.30, a key resistance level [1]. Technical indicators suggest a bullish outlook: the RSI stands at 60.96, indicating room for further growth, while the MACD histogram shows positive momentum [1]. However, historical data suggests that breaking past $0.30 has been a consistent challenge, and a failure to hold above $0.25 could see the price retest the $0.22 level [1]. Given these structural obstacles, the likelihood of DOGE reaching $0.5 in the short term remains uncertain [1].

Meanwhile, Mutuum Finance (MUTM) is emerging as a strong contender in the DeFi space. Currently in Phase 6 of its 11-phase presale, the project has seen rapid demand, with the current price at $0.035—250% higher than its initial offering of $0.01 [1]. Phase 7 is set to increase the price by 14.3% to $0.04, and the token is projected to list at $0.06, offering a potential 71% return for early investors [1]. To date, the presale has raised $13.7 million, with over 655 million tokens sold and more than 14,600 holders participating [1].

MUTM’s lending model combines Peer-to-Peer and Peer-to-Contract systems, allowing users to retain full ownership of their assets—a unique proposition in the DeFi space [1]. The project has also completed a CertiK audit, achieving a 95.00 security score, and launched a $50,000 USDT bug bounty program with CertiK to reinforce its security measures [1]. Additionally, a dashboard rewards the top 50 token holders with bonus tokens, further incentivizing participation [1].

Looking ahead, Mutuum Finance is developing a fully collateralized USD-pegged stablecoin on Ethereum to support its lending and staking ecosystems [1]. The team is also working on Layer 2 solutions to reduce gas fees and improve scalability, while the mtToken system allows users to earn interest on their deposits [1]. Token buybacks will be used to reward stakers, and a $100,000 MUTM giveaway is ongoing, with 10 winners to be chosen from those who invested $50 in the presale [1].

Tokenomics projections suggest that MUTM could reach $3 by 2025, offering a substantial return for early investors [1]. This potential growth outpaces DOGE’s near-term price targets, making MUTM an attractive option for those seeking high-growth opportunities in the crypto market [1]. Investors are now weighing their options between supporting DOGE’s well-known but historically challenged trajectory or positioning themselves early in MUTM’s structured and utility-driven approach [1]. As the crypto landscape continues to evolve, this competition highlights the diverse opportunities available to investors [1].

Source:

[1] Can DOGE break $0.5 soon or will MUTM steal the spotlight as the next crypto to explode? (https://invezz.com/news/2025/07/31/can-doge-break-0-5-soon-or-will-mutm-steal-the-spotlight-as-the-next-crypto-to-explode/)