WAVES Eyes 116% Rally as Support Holds, Mutuum Finance Presale Surges 16.67%

WAVES, a prominent altcoin, is showing signs of a potential major price reversal, according to crypto analyst Michaël van de Poppe. The analyst highlighted a long-standing support zone that has held for over a year, suggesting that a bullish breakout could be imminent. Van de Poppe described the current chart as "beautiful" and indicated that the $1.16 level has served as a solid support base, with buyers consistently stepping in over the past 12 months. He explained that the key to reversing the current downtrend lies in breaking the descending resistance, which WAVES appears to be attempting.

Van de Poppe noted that uptrends begin the moment a downtrend is broken, and a breakout could trigger a wave of short liquidations, fueling a significant upward move. He referenced a previous breakout that saw WAVES rally to $2.50, implying that a similar or stronger move could follow in the current cycle. As the broader crypto market shows signs of a potential bull run, WAVES may be positioning itself for a comeback. If momentum builds, van de Poppe expects higher price targets in the coming months.

Mutuum Finance (MUTM) is emerging as a standout altcoin, with analysts predicting a significant bull run. The DeFi protocol, currently in its presale phase, has already garnered substantial attention, raising over $11.7 million and attracting more than 12,700 investors. Priced at $0.03 in its current stage, the token is poised for a 16.67% increase in the next phase, with an official launch price set at $0.06. Early investors are already anticipating a 100% profit before the token hits the market, and some analysts forecast a post-launch price surge exceeding $2.50 by the end of the 2025 bull run.

Mutuum Finance's appeal lies in its utility, offering high-speed lending, real-world integration, and sustainable yield within the DeFi ecosystem. This contrasts with meme-driven tokens like Shiba Inu (SHIB), which, despite recent price fluctuations, remains a favored pick among retail investors. SHIB's price has seen a slight decline, trading around $0.0000114, but experts suggest that a renewed interest in meme coins or a broader altcoin rally could drive its price toward the $0.00002 level.

The presale of Mutuum Finance has been particularly successful, with 60% of the current stage already sold out. The project's unique leaderboard mechanism rewards top holders with bonus tokens, fostering both excitement and loyalty within the community. Additionally, Mutuum Finance has introduced a $50,000 Bug Bounty Program in collaboration with CertiK to enhance security, offering rewards for identifying vulnerabilities at various levels.

As the second quarter concludes, investors are focusing on high-upside altcoins trading under $1, with Mutuum Finance leading the way. The project's scalable DeFi lending, real-world use cases, and innovative rewards system position it as a strong contender in the altcoin market. Early participants are already eyeing 2x gains before the token's listing, with projections indicating potential growth beyond $2.50 during the next bull run. Investors are encouraged to join the presale to secure their position before the next price increase.