Mutuum Finance presale raises $11.8 million with 200% token price increase

Mutuum Finance (MUTM) has garnered significant attention in the crypto market, with its holder count surging to over 12,800. This decentralized non-custodial protocol allows users to participate as lenders, borrowers, or liquidators, offering a unique opportunity for investors to engage in the DeFi space.

MUTM's presale, currently in phase 5, has raised over $11.8 million from around 12,800 unique buyers. The token price in this phase is $0.03, a 200% increase from the initial phase 1 price of $0.01. The next phase will see the token price rise by 16.67% to $0.035, offering buyers in the current phase a 50% discount on the final listing price of $0.06. This discount has attracted a large number of new buyers, with over 65% of the tokens set aside for phase 5 selling out barely a month after it began. Market watchers expect the tokens to sell out before the end of July.

Analysts forecast that the price of MUTM tokens could rise by 3400% when they go live, making a $1600 investment in the presale today potentially grow to over $51,000. The overall sentiment in the crypto market, coupled with the massive discount and utility built into MUTM, makes it an attractive investment opportunity. The developer team plans to use protocol revenue to purchase MUTM tokens off the open market, strategically spaced out to ensure maximum impact on price movement. This will make MUTM tokens attractive to investors and help grow the protocol's revenue.

To ensure the security and uninterrupted operation of the protocol, Mutuum Finance has partnered with CertiK on a $50,000 USDT bug bounty program. This program rewards security experts who help identify vulnerabilities and prepare accurate bug reports, further enhancing the protocol's reliability and trustworthiness.

Mutuum Finance (MUTM) has emerged as a top choice for investors seeking significant bargains in the crypto market. With the 50% discount on MUTM tokens in phase 5 of the presale, now is the time to seize the momentum and secure the discount before the price increases in the next phase. For more information about Mutuum Finance (MUTM), visit the official website at https://www.mutuum.com/.