Cardano (ADA) to Chase for New ATHs in Q4, But This DeFi Altcoin Dominates in Bullish Forecasts

With the crypto market looking likely to enter a potentially bullish quarter 4, Cardano (ADA) is shaping up to challenge its all-time highs while Mutuum Finance (MUTM) is gaining the attention of both analysts and traders. The token is already worth $0.035 in Phase 6 of the presale and will increase by 14.29 percent to $0.04 in Phase 7. Up to date, the project has raised over 15.3 million USD and has received a total of over 16,000 holders taking part in the presale. Even though ADA follows wider market trends, the momentum of Mutuum Finance indicates that investor consciousness is shifting significantly, and the power of decentralized finance projects is increasingly becoming a significant factor to drive Q4 trends.

Cardano(ADA) Price News: Flat in the market, although not smooth

ADA is trading at $0.7943, which declined by a slight percentage of 2.46 in the last 24 hours. The coin is probing important areas of support around $0.79 and analysts believe that the continuation of this value is essential in order to prevent any further depreciation to $0.75-$0.77. Provided that ADA is able to regain resistance at or about $0.80, then a recovery to $1.00 will be feasible. In the meantime, more general market trends are on the move, and some new DeFi projects are attracting investor attention as well, such as Mutuum Finance.

Mutuum Finance Stage 6 Presale FOMO Investors

 Mutuum Finance is at the Stage 6 stage of presale and tokens are valued at $0.035. In phase 7, the price will be raised by about 14.3 percent to $0.04. It has attracted more than 16,000 early investors and received funding of over $15.3 million as the presale itself has guaranteed the market confidence.

Official Bug Bounty Program

Mutuum Finance has also launched an Official Bug Bounty Program in collaboration with CertiK to promote the discovery and reporting of software vulnerabilities. The reward pool has a total of $50,000 USDT, and payouts are given based on the severity of the vulnerability detected. There are five levels, bugs, one is critical, major, minor, low and all users, the bugs will be dealt with and the security improved.

Stablecoin based on Ethereum pegged to USD

The project is also building an overcollateralized stablecoin on Ethereum that is pegged to USD. It is CertiK-audited secure and transparent, and provides users with a stable and reliable asset intended to be used in daily life and decentralised applications.

The Future of Decentralized Lending

The DeFi protocol of Mutuum Finance allows users to manage their funds in the most basic way possible through passive yielding lenders and liquidity mobilizing borrowers who pledge their assets to collateralize portfolios of various assets. Algorithms that adjust the rates achieve maximum capital efficiency and contribute to the long-term ecosystem sustainability.

Liquidity and Risk Management

The liquidity and the market volatility are taken into account in the protocol to enable the closure of the distress position. The caps and liquidation parameters are used to carry the risk exposure. Stablecoins and ETH are less volatile and thus enable a higher Loan-to-Value ratio, and volatile assets are restricted. Reserve factors are shifted according to asset risk and opportunity to participate in the asset safety is balanced in all types of tokens.

Mutuum Finance (MUTM) is becoming one of the top DeFi altcoins as Cardano (ADA) prepares to hit new highs in Q4. Stage 6 tokens are valued at $0.035 which will increase by 14.29 to $0.04 in Stage 7, providing Stage 1 investors with good gains. The presale has already brought in 16,000+ holders and raised an amount of $15.3M, which shows increased demand. MUTM would bring together security, innovation, and capital efficiency with a $50K CertiK bug bounty, USD-pegged stablecoin, and a dual P2C/P2P lending model. This is the stage to get tokens before the price rises.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://mutuum.com/

Linktree: https://linktr.ee/mutuumfinance