Ethereum (ETH) Rebounds Towards $3,500 While This $0.04 DeFi Crypto Goes Viral

Ethereum (ETH) has again changed gear to a positive trend as it is on the verge of reaching the level of $3,500. However, for a high-ROI investor, the focus is shifting to a new coin, Mutuum Finance (MUTM), which is currently cheap at $0.04 in presale. Mutuum Finance’s presale has already raised nearly $20 million, with 18800 investors onboard.

Ethereum Short Term Update

The break-out above the crucial resistance points on Ethereum at $3,184.54 and $3,265.31 reveals a positive short-term trend. This break-out resulted in a 4% rise in value, which reveals a start to buying once again following the period of consolidation. Despite the fact that positive news from the market reveals the significance of ETH as an investment, the increase in the value of the token is slow and dependent on the market trends. Investors are following the increase in the value of the ETH token while also searching for other opportunities for investment as well, such as Mutuum Finance, which is becoming one of the most promising DeFi crypto projects in presale.

MUTM Presale

The pace at which Mutuum Finance has shown during its presale has been impressive. From the current price of $0.04 set for tokens during Phase 7, it will continue rising. It will be priced at $0.045 during Phase 8. For an investor who buys $2,500 MUTM during Phase 7, the investment will rise to $2,812 when Phase 8 begins, making an instant profit of $312 without even trading having begun.

Further down the line, it is expected that as Mutuum Finance introduces the concept of Layer 2 scaling, as well as growth of the lending and borrowing platform, the adoption of the tokens will see the price rise to $1 or even higher. This means that if the price rises to such a high, a person who invests $2,500 today will be able to see their investment rise to $62,500. The pricing of the tokens in each stage is designed in such a manner as to encourage early investment, as the person investing gets the chance to establish themselves before the public offering, which is set to begin at $0.06.

Layer 2 Solutions

One of the factors that have made DeFi costly for smaller participants is the high gas fee associated with the Ethereum network. To explain this, if Jake wanted to lock up $2,000 of ETH in a Mutuum Finance in order to borrow stablecoins against it, this would cost between $30 and $50 per transaction for a total of at least $100. However, with the integration of the Mutuum Finance Layer-2 solution, the cost of these transactions would only be a few dollars. Jake would be able to deposit, borrow, repay, and withdraw his funds for less than $5. This creates a cost-effective environment for investors and DeFi users.

Security and Risk Management

Mutuum Finance has undergone an independent security audit by Halborn Security. In addition, another audit by Certik awarded the project a 90/100 token scan score. These audits give potential investors confidence in the project, which is a strong pillar in DeFi.

Mutuum Finance incentivizes participation in the project. There is an ongoing bug bounty program amounting to $50,000, which seeks to reward developers to test the project for possible vulnerabilities before the mainnet. The project is also providing an early bird giveaway of $100,000, to early participants, where each will walk away with $10,000 MUTM. Every day, the biggest Mutuum Finance buyer also gets a $500 MUTM bonus. 

What Makes MUTM Unique for Investors 

While Ethereum has been a stable and strong infrastructure for DeFi solutions, there is a nascent opportunity with high usability and adoption in Mutuum Finance. With a borrowing and lending infrastructure, layer 2 scaling, high-quality security solutions, and a fitting presale approach, MUTM is a token of choice for those seeking asymmetrical growth potential even before entering the open market.

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

Website: https://mutuum.com/ 

Linktree: https://linktr.ee/mutuumfinance