Crypto news: XRP falls to 2-week low at $2.93; MUTM eyes 80x rally to $3

Crypto news: XRP falls to 2-week low at $2.93; MUTM eyes 80x rally to $3Significant trading activity has pushed XRP downwards sharply, establishing a new two-week low near $2.93.

Simultaneously, Mutuum Finance (MUTM) is generating substantial presale momentum, with predictions pointing towards an 80-fold surge reaching $3 within the next quarter. This dual narrative highlights contrasting fortunes within the crypto market today

XRP faces immediate technical pressure following a high-volume selloff, while Mutuum Finance (MUTM) attracts significant capital seeking entry before its next scheduled price rise.

Ripple confirms downtrend amid high selling pressure

XRP is experiencing pronounced downward pressure. Trading activity surged dramatically, exceeding 169 million units within a critical hour. This substantial volume spike decisively pushed the price down from $3.04 to $2.97

Consequently, $3.04 solidified as a firm resistance barrier. Furthermore, the price ultimately settled at a two-week nadir of $2.93, confirming this level as tentative support

Technical indicators currently favour continued bearish control. Analysts are closely monitoring whether XRP can reclaim the psychologically important $3.00 mark

Market sentiment, influenced by broader geopolitical tensions, adds another layer of uncertainty to XRP’s immediate crypto price trajectory. The token’s failure to hold above moving averages signals potential further declines.

Mutuum Finance presale gains momentum in presale Phase 6

Mutuum Finance (MUTM) is demonstrating remarkable strength during its ongoing token offering. The project has successfully secured over 14,100,000 since the presale commenced

Moreover, participants have acquired more than 670 million MUTM tokens. Currently, Phase 6 is progressing rapidly, offering tokens at $0.035 each. This represents a significant 250% increase, or 3.5x growth, compared to the initial Phase 1 price of $0.01. Phase 6 is selling out quickly, meaning this discounted entry point is vanishing

Following the conclusion of Phase 6, Phase 7 will commence immediately, implementing a 14.3% price hike to $0.04 per token. The presale structure systematically rewards early involvement.

## Projected growth and token utility drive demand

Market observers are forecasting substantial appreciation for Mutuum Finance (MUTM) post-launch. Conservative estimates target $3.50 per token, translating to potential 80x gains for

Current Phase 6 investors

This optimism stems directly from Mutuum Finance (MUTM)’s foundational utility within decentralized finance

The protocol is developing a dual-lending model encompassing Peer-to-Contract (P2C) and Peer-to-Peer (P2P) mechanisms. P2C facilitates tokenizing established assets like BTC and ETH, generating yield

Conversely, P2P enables direct lending agreements, often involving higher-yielding assets. This comprehensive approach addresses diverse lending needs securely and efficiently

Consequently, token demand is intrinsically linked to platform usage and revenue generation, supporting long-term value. The fixed 4 billion token supply further enhances scarcity dynamics.

Security validation and community incentives

Mutuum Finance (MUTM) has prioritized platform integrity from inception. The project successfully concluded a rigorous smart contract audit conducted by CertiK, achieving an excellent

security score of 95.00.

Furthermore, Mutuum Finance (MUTM) actively collaborates with CertiK on an ongoing Bug Bounty Program. Importantly, $50,000 USDT rewards are allocated for identifying vulnerabilities, categorized into four tiers based on severity: critical, major, minor, and low

Additionally, the project fosters community growth through a substantial $100,000 MUTM giveaway. Ten fortunate winners will each receive $10,000 worth of tokens. Participation requires completing specific quests and a minimum $50 investment during the presale

Mutuum Finance (MUTM) also incentivizes long-term holding; a newly launched dashboard features a leaderboard tracking the top 50 token holders, who will earn bonus token rewards for maintaining their positions.

Significant crypto investment opportunity emerges

Today’s crypto news underscores a market of diverging paths. XRP contends with technical resistance and bearish volume signals, testing investor confidence near $2.93

Conversely, Mutuum Finance (MUTM) exhibits powerful presale performance, backed by tangible utility and strong security credentials. The current Phase 6 price of $0.035 offers a closing window before the imminent rise to $0.04

Early participants stand to gain significantly from the $0.06 listing price and ambitious post-launch projections targeting $3.50

Explore the Mutuum Finance (MUTM) presale details immediately to understand this compelling crypto investment prospect before Phase 6 concludes.

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

Website:

Linktree:

The post Crypto news: XRP falls to 2-week low at $2.93; MUTM eyes 80x rally to $3 appeared first on Invezz

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