XRP News Today: XRP Surges 15% to $3.16 on Strong Technical Indicators Mutuum Finance Presale Sees 200% Gain, $12.6M Raised

XRP, the cryptocurrency associated with Ripple, has made a significant surge, breaking through the critical $2.60 resistance level and reaching $3.16. This 15% rally is backed by strong technical indicators, suggesting robust momentum with the next target set at $3.40. The Chande Momentum Oscillator reads 91.3, indicating intense buying pressure, while the On-Balance Volume confirms aggressive capital inflow exceeding 3.16 billion. XRP is now trading firmly above its Bull Market Support Band near $2.25, with minimal resistance until the $3.40 swing high. Binance data reveals a strong preference for long positions with a 3.27 long/short ratio. While overbought conditions could trigger pullbacks near $3.40, support remains solid at $2.85-$2.90, making the path toward $3.88 increasingly viable.

Meanwhile, investor attention is shifting towards a new cryptocurrency, Mutuum Finance (MUTM), which is currently in its Phase 5 presale at $0.03. This phase has seen a 200% increase from the opening phase price of $0.01 and is over 80% filled. The presale has already raised over $12,600,000, with more than 620 million tokens purchased and over 13,600 total holders. Phase 6 is set to commence shortly after Phase 5 concludes, introducing a price hike to $0.035, a 16.7% increase. The official launch price is confirmed at $0.06, guaranteeing a 100% return on investment at launch based on the tokenomics.

Mutuum Finance stands out due to its tangible utility and verified security. It operates as a non-custodial lending protocol, allowing users to retain full ownership of their assets. The platform combines Peer-to-Contract and Peer-to-Peer lending models, with Peer-to-Contract employing smart contracts for dynamic interest rates to ensure efficiency and stability. Peer-to-Peer enables direct agreements between users, offering flexibility for unique or volatile assets. Security is a top priority, with Mutuum Finance completing a comprehensive CertiK audit, achieving a 95.00 security score with no vulnerabilities found in the core smart contract. Additionally, no security incidents have occurred in the past 90 days, and a $50,000 Bug Bounty Program with CertiK has been launched to further enhance security. The team has also introduced a dashboard featuring a leaderboard, rewarding the top 50 token holders with bonus token rewards to incentivize long-term holding.

Mutuum Finance's development roadmap includes launching a fully collateralized, Ethereum-based stablecoin to address depegging risks common in algorithmic alternatives. Layer 2 scaling solutions are also planned to drastically reduce transaction costs and enhance speed. According to analysts' forecasts, MUTM has the potential to reach $5 post-launch, representing a potential 11,200% surge from the current presale price. To fuel further excitement, Mutuum Finance has announced a major $100,000 giveaway, with ten lucky winners each receiving $10,000 worth of MUTM tokens.

In summary, XRP's strong technical momentum near $3.16 signals further potential gains, while Mutuum Finance presents a distinct crypto investment opportunity. Its Phase 5 presale offers immediate 100% ROI potential at launch, with verified security and practical DeFi utility. Market analysts project significant long-term appreciation, making Mutuum Finance (MUTM) a noteworthy asset in today’s dynamic crypto market.