Shiba Inu (SHIB) captured the spotlight in 2021 with its meteoric rise, creating huge returns for early investors. For those who missed out, analysts suggest looking at opportunities that combine early-stage growth potential with real utility. One such next big crypto gaining attention is Mutuum Finance (MUTM), currently priced at just $0.04. Designed as a decentralized lending and borrowing protocol with revenue-backed tokenomics and incentives for long-term participation, MUTM is rapidly advancing through its presale phases. MUTM has been dubbed the ‘next SHIB’ as its presale attains over $20.4 million raised from 18,970+ unique token holders.
Shiba Inu (SHIB) Shows Resilience
While the 2021 bull run belonged to SHIB, this cycle has turned out differently for the meme coin. Shiba Inu (SHIB) has struggled to gain significant momentum in the first month of the year, as the initial 45% gain faded quickly as selling pressure returned to the market. The crypto declined by almost 40% between the high and low points in the month, but managed to close with a loss of only 1.45%. Despite losing value in the last five months with five consecutive monthly losses, SHIB’s RSI has not fallen into oversold territory as the crypto’s value has stabilized and fallen to multi-year lows close to the levels seen in June 2023.
From the SHIB’s 2021 Surge to MUTM’s Early-Stage Potential
Shiba Inu (SHIB) experienced a meteoric surge in the crypto market in 2021, increasing its value from an initial price of about $0.0000001 at the beginning of the year to a high of $0.000088. SHIB’s surge showed the potential for small cryptos with strong backing and community support. Mutuum Finance (MUTM), currently at $0.04 in its ongoing presale, is showing similar potential.
As a DeFi crypto, MUTM’s decentralized lending and borrowing system, coupled with its revenue-backed tokenomics and increasing participation in its ongoing presale, makes it a crypto with substantial growth potential for its early investors. For example, an investment of $1,000 at the current price of $0.04 would give the investor 25,000 tokens, and if the crypto grows even a fraction of the relative growth experienced by SHIB, the returns could be substantial, giving investors a second chance at making huge profits, this time in the DeFi crypto market. This positions MUTM as the next big crypto for forward-looking investors.
Since the beginning of its ongoing presale at $0.01 in Phase 1, MUTM has risen steadily through the phases, currently at $0.04 in Phase 7. Phase 8 is scheduled for $0.045, and the official launch is at $0.06. The early investors are the ones who benefit the most, as they are at a great advantage compared to those who invest later. An entry today at $0.04 will deliver far bigger returns than an entry at the $0.06 market debut price. MUTM boasts over 19,000 investors and has raised more than $20.4 million, making it a top crypto to buy and a strong contender for the next big crypto.
Earn Passive Income with mtTokens
Investors are rewarded for their contribution to liquidity by earning dividend rewards for their staked mtTokens. A portion of the revenue generated by the Mutuum Finance protocol is used to buy back MUTM, which is then distributed to investors who stake their tokens. This way, investors can earn additional revenue in addition to their interest earnings from their loan.
For example, if the Mutuum protocol earns $2,000,000 in revenue from highly utilized P2C pools such as USDT or ETH, 15% of that, i.e., $300,000, could be used for buybacks. Investors who stake their mtTokens are rewarded in proportion to their contribution. If a user has staked their mtUSDT, which accounts for 0.8% of the total pool, they would earn $2,400 in MUTM dividend rewards.
Advanced Risk Management for Peace of Mind
Security is a major feature of the MUTM protocol. Loans are over-collateralized, providing security for both borrowers and investors. For example, stable assets such as ETH are given an 80% loan-to-value ratio. An investor with $18,000 in ETH collateral can safely borrow $14,400 while still reaping the benefits of any potential ETH price increase.
Chainlink Oracles ensure real-time price feeds, which prevent unfair liquidations in the event of sudden price movements in the market. For instance, in the event that the price of ETH were to drop by 18% in just minutes, the Chainlink Oracles will instantly adjust to ensure that the stability of the protocol is maintained. Such an excellent risk management system ensures that MUTM remains an excellent investment in the DeFi crypto market.
For those who were unable to invest in the historic run of Shiba Inu in 2021, there appears to be a second chance to reap significant returns in Mutuum Finance. MUTM is emerging as the next big crypto with a price of just $0.04, decentralized lending, passive income with mtToken staking, and excellent risk management. With the presale already raising over $20.4 million, MUTM appears to offer the real benefits of early adoption, which propelled the rise of SHIB in the past.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
Source: https://www.cryptopolitan.com/missed-shiba-inu-shib-in-2021-this-0-04-defi-crypto-could-be-your-second-chance-at-big-gains/
