Ethereum News Today: Ethereum Fluctuates Near $3,561 Amid 30% Staking, Mutuum Finance Presale Surges 16.67%

Ethereum (ETH) is currently priced at $3,561.50, with fluctuations between $3,490 and $3,658 over the past 24 hours. Analysts point to a decrease in supply, with nearly 30% of ETH currently staked, and positive technical parameters on the ETH/BTC pair as indicators of a potential uptrend. However, there are speculations that Ethereum has not yet passed necessary resistance zones, particularly figures above $4,000, before it can lead a serious run to the $9,000 mark by December.

Mutuum Finance (MUTM), an under-the-radar DeFi coin, is gaining increasing attention as Ethereum’s Layer-1 ecosystem grapples with scalability issues. The price of Mutuum Finance is $0.03 during the 5th phase of its presale, which is more than 80% sold out. Phase 5 investors are expected to receive a 100% return on investment once the token is listed. The token price is set to increase to $0.035 in presale Phase 6, representing a 16.67% return on investment for Phase 5 buyers. This price jump guarantees a 2x gain at listing for Phase 5 investors.

Mutuum Finance has raised over $12.7 million from more than 13,700 early-stage investors, indicating growing confidence in the project’s near-term success and future potential. The platform is innovating DeFi lending with a double-lending multifunctional model that combines Peer-to-Contract (P2C) and Peer-to-Peer (P2P) lending. In the P2C model, smart contracts are used to access lending pools, responding to real-time market conditions to make lenders’ returns less volatile and borrowers financially stable. The P2P model provides direct lending, which is convenient for highly volatile assets like other coins.

Mutuum Finance is also offering a $100,000 giveaway, distributed among 10 winners of $10,000 MUTM tokens. Additionally, the top 50 holders of the Mutuum Finance will be rewarded based on its new leaderboard system, with bonus tokens given to users as they level up. This giveaway and the fast-growing user base are contributing to Mutuum Finance’s rapid emergence as a potential breakout star in the DeFi space.

As Ethereum chases a possible $9,000 by December, Mutuum Finance offers a faster and potentially larger upside. The presale for Mutuum Finance is ongoing, and investors are encouraged to join before the final tokens are gone. The project’s unique features, growing community support, and innovative lending model position it as a strong contender in the cryptocurrency market, potentially outpacing even Ethereum in the near future.