Shiba Inu Burn Rate Surges 300% This Week Mutuum Finance Presale Phase 5 Sells 70%

Shiba Inu (SHIB) has experienced a significant surge in its burn rate, increasing by over 300% this week. This has led to speculation that the price of SHIB could rally to $0.000025. The burn rate, which involves the permanent removal of tokens from circulation, has seen over 1 billion SHIB tokens burned in just 24 hours, marking a more than 2,000% increase this week. This aggressive supply reduction has fueled optimism among investors, particularly as interest in low-cap altcoins revives.

However, while SHIB's price action continues to dominate headlines, there is a growing interest in projects with long-term fundamentals. One such project is Mutuum Finance (MUTM), a next-generation DeFi protocol focused on real-world asset (RWA) lending. Mutuum Finance is rapidly capturing investor attention with its utility-driven model and expanding ecosystem. The 5th round of Mutuum Finance presale has already sold out over 70%, with the token priced at $0.03 in phase 5. The price is set to spike by 16.67% in the next phase. The amount raised so far exceeds $12.4 million, with over 13,400 unique token holders.

Mutuum Finance's dual lending model, which includes both Peer-to-Peer (P2P) and Peer-to-Contract (P2C) lending, is designed to serve both active and passive users of DeFi. In the P2C system, users can receive passive income from lending their USDT through stable passive income-generating smart contract pools. The P2P model allows lenders and borrowers to be as active as they like when it comes to swapping, without the need for a third party. This trend is more prevalent among customers of less secure assets.

Mutuum Finance has also taken significant steps to ensure the security and reliability of its platform. The project is audited by CertiK with a 95.0 trust score, providing evidence of its readiness to become institutional-grade transparent. Additionally, Mutuum Finance has launched a $50,000 USDT Bug Bounty, with rewards based on four levels of severity: critical, major, minor, and low. This initiative aims to further strengthen the platform's security.

To show its appreciation for new investors, Mutuum Finance has launched a $100,000 giveaway. Ten lucky winners will receive $10,000 MUTM each as a gesture of gratitude for their initial trust in the project. With over $12.4 million raised and more than 13,400 investors, Mutuum Finance is shaping up to be the next big move in the DeFi space. Investors are encouraged to check the presale before Phase 6 hits.