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Ark CEO sees 15x BTC gains in next 5 years, analysts predict more from MUTM

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Ark CEO sees 15x BTC gains in next 5 years, analysts predict more from MUTM

CEO and Founder of ARK Investment Management, Cathie Wood, recently forecasted that Bitcoin could rise 15x to $1.5 million per coin by 2030.

The CEO made the prediction in the YouTube interview, explaining why she believes this will happen.

Why Bitcoin will skyrocket

According to her, the biggest driver of this growth will be institutional investors.

According to her, the volatility of Bitcoin will dissipate as more investors join in. She noted that many institutional investors had just started to invest in Bitcoin, and this pace will continue growing.

Wood noted that a new asset class had not been created since the 1600s when equities were launched.

Since then, the world of finance has operated on the same asset classes that include bonds, commodities, stocks, and real estate.

With Bitcoin rising at the current level, the mainstream financial world will finally have to acknowledge digital assets as a real asset class.

For the rest of the crypto market, this is great news.

However, while a rise to $1.5 million may seem impressive, it pales in comparison to the 2,676% gains that analysts are forecasting for Mutuum Finance (MUTM) when it goes live.

Consequently, the best way to ride the current crypto market wave is to invest in a promising project like Mutuum Finance (MUTM) and watch your investment grow.

Mutuum Finance (MUTM) – a hidden gem

Mutuum Finance (MUTM) is a once-in-a-lifetime project that truly meets the description of a hidden gem.

The project is based on the protocol and a native token called MUTM.

It is built as a decentralized non-custodial protocol where users can deposit their assets to earn interest.

Users on the platforms can also access these assets by depositing overcollateralized collateral.

Protecting protocol solvency on Mutuum Finance (MUTM)

On Mutuum Finance, there is a huge focus on longevity. To achieve that, it is important to protect the solvency of the protocol.

The project achieves that by taking measures that keep the chances of insolvency at the lowest level possible.

These measures allow the protocol to adapt quickly to changing market conditions.

The focus is on controlling exposure to unstable assets, setting appropriate collateralization levels, and maintaining a flexible in-house process to adjust certain parameters when needed.

One of the tactics will involve confining experimental crypto projects to limited borrowing, allowing users to only access stable assets using a single form of highly unstable collateral at a time.

By restricting volatile assets to limited options, it will ensure that severe market movements are segregated in a way that does not destabilize the protocol.

Price feed manipulation

Another safeguard is the controls on assets vulnerable to price feed manipulation.

The protocol may prevent such assets from being used as collateral. It will ensure that the protocol is not exposed to artificial price pumps that cause borrowing positions to become undercollateralized.

All parameters on the platform, like the loan-to-value (LTV) ratio and liquidation threshold, are managed using appointed roles.

The process ensures that they can rapidly respond to new threats, including unexpected anomalies and vulnerabilities, in real-time.

Imposed caps

Mutuum Finance also plans to impose caps on the total amount of tokens that can be borrowed or supplied.

The caps limit exposure to unstable assets with low trading volume. Additionally, caps help to protect the ecosystem from infinite minting exploits.

They will also implement a variable liquidation mechanism, where the liquidation is adjusted based on how close a position is to becoming undercollateralized.

Those that edge close might experience a partial liquidation, preserving some of the borrower’s collateral, and restoring ecosystem health.

However, when the need arises, a position can be fully liquidated to prevent severe losses.

Oracle monitoring

Oracle monitoring is another essential element, especially for L2 networks and sidechains. These are especially vulnerable to price manipulation.

If price data show signs of artificial manipulation, the protocol could disable borrowing until the issue has been corrected.

These diverse measures help keep everyone safe and ensure the protocol’s long-term viability is preserved.

It will also ensure the protocol can handle a diverse range of market conditions while still being profitable for its users.

MUTM token presale

The Mutuum Finance (MUTM) presale is currently in phase 5. So far, over $10.4 million worth of MUTM tokens have been sold in the presale.

There are around 11,900 participants in the presale. Tokens in the current phase are going for $0.03, a 200% increase from the phase 1 price of $0.01.

In the upcoming phase 6, this price will increase by 16.67% to $0.035.

If you are looking for a revolutionary blockchain project that could offer more than the projected gains of BTC, Mutuum Finance (MUTM) is your best option.

Best of all, this opportunity for gains of up to 2,676% is available at the low price of $0.03. 

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

Website: https://www.mutuum.com/ 

Linktree: https://linktr.ee/mutuumfinance

The post Ark CEO sees 15x BTC gains in next 5 years, analysts predict more from MUTM appeared first on Invezz

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