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Ethereum (ETH) clears key resistance that could trigger a 400% rally – could Mutuum Finance (MUTM) do better?

11h ago
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Ethereum, MUTM

Over the past few weeks, the crypto industry has experienced renewed vigor, with Ethereum rising over 56% in the past month to clear the $2,500 key resistance level, even as Mutuum Finance (MUTM) continues to make waves amongst crypto enthusiasts.

ETH recently came up against the 50-week simple moving average hurdle, which has forced the price to drop back down to $2,545.

However, some predictions point to Ethereum making some further gains in 2025. 

While these gains might be impressive, it is important to remember that Ethereum is trading at the top of the market price.

For a better alternative Mutuum Finance (MUTM) offers even greater returns.

Let us take a deep dive into Mutuum Finance (MUTM), and why it could soon outperform Ethereum (ETH).

Mutuum Finance (MUTM) ecosystem

The cornerstone of the Mutuum Finance (MUTM) ecosystem is the double-lending model that is powered by P2P contracts within a P2C system.

Lenders deposit funds in liquidity pools, for instance, $2000 in ETH can be deposited in a liquidity, from which they will earn an annualized percentage interest based on the pool’s utilization.

Borrowers can tap into these pools by overcollateralizing assets such as Ethereum (ETH).

In exchange for depositing assets in liquidity pools, lenders receive mtTokens, such as mtETH, and so on, whose value rises in real time.

Their value increase represents both the principal and interest accumulated over time.

The mtTokens are compliant with the ERC20 token standard and can be transferred freely, allowing their integration into numerous DeFi applications and secondary markets.

The mtTokens can be redeemed at any time by returning them to smart contracts within the Mutuum Finance (MUTM) ecosystem.

This process ensures a streamlined user experience, which eliminates the need to actively claim or compound gains.

It also ensures non-custodial ownership of assets, allowing users to easily monitor, and transfer their deposit position across a multitude of lending scenarios within Mutuum Finance (MUTM).

The buy and distribute model

Mutuum Finance’s (MUTM) buy and distribute model uses revenue from various sources to buy back MUTM tokens from the open market and redistribute them to stakers.

This system will increase upward pressure on the tokens and ensure that demand remains high.

Consequently, stakers get double rewards via the potential appreciation in value of MUTM tokens, as well as the occasional token distributions.

The system promotes transparency, which is crucial to the success of any DeFi project, while also helping to promote ecosystem stability by creating demand.

The Mutuum Finance (MUTM) stablecoin

One revolutionary feature that Mutuum Finance (MUTM) plans to introduce is a stablecoin, which will promote liquidity without the need to create a dedicated asset pool.

Stablecoins will be generated when borrowers lock in excess collateral, which will ensure each minted coin is backed by more than its face value. Consequently, this will prevent a sudden de-pegging that has afflicted many centrally managed stablecoins in the past.

The defined price for the stablecoin will be tied to the US dollar, allowing borrowing to tap into the value of their assets without having to liquidate their assets.

Essentially, borrowers can spend on the current value of their assets, while holding onto them to benefit from their potential future appreciation.

A major difference between this stablecoin, and others, is that the system does not rely on user-supplied liquidity.

Instead, borrowers pay an interest, which flows into the revenue mechanism, bolstering the overall health of the ecosystem.

To maintain the value of the stablecoin at $1, arbitrage, driven by market forces, will be the main tool used.

For example, if the price of the stablecoin dips to $0.95, users with an outstanding borrowing position can buy it at a discount, and repay their debt, which will allow them to retire their $1 liability for less than its face value.

This will bring down the supply, which will raise the price.

The stablecoin, which operates as an overcollateralized token in a decentralized lending ecosystem, provides dynamic liquidity for users while retaining protections from sudden market movements.

The Mutuum Finance presale (MUTM)

The Mutuum Finance (MUTM) presale is currently in phase 5, with tokens going for the low price of $0.03.

However, this still represents a 200% appreciation from the phase 1 price of $0.01.

Despite this, there is still time for massive gains, with the listing price at $0.06.

That means if you bought $500 worth of MUTM today, you could get back $1000 on listing day.

Ethereum (ETH) is currently on an upward momentum, with analysts predicting a possible 400% appreciation.

While that is optimistic, Mutuum Finance (MUTM) could overshadow those gains.

By riding the ETH appreciation wave, MUTM could rise much higher as investors rush to get in at the ground floor.

Thus far, over $9 million worth of tokens have been sold in the presale, with over 10,900 holders.

Investors looking for a great bargain while prices are still low should consider looking into Mutuum Finance (MUTM) before the price rises in phase 6.

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

Website: https://www.mutuum.finance/

Linktree: https://linktr.ee/mutuumfinance

The post Ethereum (ETH) clears key resistance that could trigger a 400% rally – could Mutuum Finance (MUTM) do better? appeared first on Invezz

11h ago
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