Ethereum News Today: MUTM Attracts DOGE SHIB Whales With 16.6% Early Returns And $0.040 Buyback Strategy

Large holders of Dogecoin (DOGE) and Shiba Inu (SHIB) are increasingly accumulating Mutuum Finance (MUTM), a $0.040 utility token with a focus on decentralized finance (DeFi) mechanisms rather than meme-driven hype. Unlike previous investments centered on speculative gains, MUTM offers a platform with income-generating features, stable collateralized systems, and a long-term expansion roadmap, making it an attractive option for investors seeking both growth and utility [1].

One of the key factors attracting whale investors is the staking mechanism that generates real protocol revenue. Unlike traditional staking models that often inflate token supply, Mutuum Finance uses revenue from lending and borrowing activities to buy back MUTM tokens from the open market. Stakers who lock mtTokens into smart contracts receive rewards that are directly tied to this ongoing market purchase strategy, enhancing scarcity and supporting long-term value [1]. This structured approach to yield generation is drawing attention from investors who have historically pursued rapid price spikes in meme coins.

Another compelling feature is MUTM’s native stablecoin, pegged to $1 through a controlled and overcollateralized issuance model. This stablecoin is minted only by approved issuers when borrowing against assets such as Ethereum (ETH), and it is automatically burned upon loan repayment or liquidation. Governance controls borrowing interest rates to maintain the $1 peg, with arbitrage mechanisms further stabilizing its value. The combination of predictable stability and controlled supply makes this stablecoin a rare asset in new crypto projects, appealing to both traders and DeFi participants [1].

MUTM’s structured growth strategy also plays a significant role in attracting investor interest. Currently in Phase 6 of its presale, the project has raised over $14.43 million from more than 15,300 holders. The presale price is set at $0.035, with the next phase scheduled to increase to $0.040. Early investors who entered at $0.030 in Phase 5 have already seen a 16.6% return before the token reaches exchanges. With projected listing prices above $0.12, the potential for significant growth is evident [1].

Security and development credibility further support investor confidence. The project has undergone audits by CertiK and holds a Token Scan score of 95 and a Skynet score of 78. Additional safeguards include a $50,000 bug bounty program and a $100,000 giveaway for ten winners. The roadmap includes platform launch, beta testing, multi-chain expansion, and listings on major exchanges like Binance, KuCoin, and Coinbase. These steps are designed to increase accessibility and user adoption, feeding into the platform’s buy-and-distribute staking model [1].

With whales increasingly securing large allocations in Phase 6, MUTM is showing strong signs of becoming a preferred entry point for investors seeking early-stage opportunities. For those who missed Bitcoin (BTC) at $100 or Ethereum (ETH) at $10, MUTM represents a potential low-cost entry into a project with scalable DeFi mechanics and long-term viability.

Source: [1] Three reasons DOGE, SHIB whales are buying this $0.040 utility token (https://invezz.com/news/2025/08/18/three-reasons-doge-shib-whales-are-buying-this-0-040-utility-token/)