Ethereum has tumbled beneath the $4,000 mark. At this price sellers have intensified their push amid waning buyer interest. Traders watched as ETH dipped to $3,828 recently. ETH is now hovering below the 100-hourly simple moving average that signals bearish control.
Yet, as Ethereum consolidates between $3,820 and $4,000, questions arise about rebound potential or deeper drops to $3,740. In this flux, eyes turn to emerging options like the new crypto coin Mutuum Finance (MUTM), positioned as a best crypto to buy now for 2025 yields.
Backers seek altcoins that promise utility beyond speculation, especially when established names falter. Mutuum Finance has drawn $17,750,000 since presale inception, amassing 17,340 holders who eye 371% returns post-launch from current levels. Phase 6 unfolds at $0.035, up 250% from phase one’s $0.01, yet 70% filled already.
Ethereum Struggles Against Bearish Momentum
Sellers have dominated Ethereum’s hourly chart. The sellers have etched a bearish trendline near $4,070 that caps any uptick. ETH tested $3,820 support yet failed to rebound decisively. Thus leaving traders wary of further erosion toward $3,650.
Volumes dipped during fleeting recoveries, underscoring buyer reluctance in this choppy phase. Consequently, if $4,020 resistance holds firm, downside risks loom larger, potentially dragging ETH to $3,550. This pattern echoes broader altcoin hesitancy, where momentum favors caution over chase.
Investors, scanning for the best crypto to buy now, increasingly pivot from such consolidations. Meanwhile, fresh entrants like Mutuum Finance capture attention with tangible builds, contrasting Ethereum’s technical stall.
Mutuum Finance Presale Surges Forward
Mutuum Finance has opened phase 6 of its 11-phase presale, pricing MUTM tokens at $0.035 each as demand swells. This stage, 70% complete, sells out rapidly, marking the final window for entry at this rate before phase 7 hikes prices 14.3% to $0.04.
Launch looms at $0.06, offering current buyers a projected 371% uplift thereafter. Holders have climbed to 17,340, fueling $17,750,000 raised overall. The team just unveiled a dashboard tracking top 50 holders, including a 24-hour leaderboard that resets at 00:00 UTC daily.
Top spot earns a $500 MUTM bonus, contingent on one transaction in that span. Recent leaders posted buys of $7,036.48, $500, and $6,619.13 in the last day alone. Such incentives sharpen engagement, drawing those hunting the best crypto to buy now.
Mutuum Finance Bolsters Security and Utility
The protocol emphasizes overcollateralization to shield against value swings, requiring borrowers to pledge excess assets that liquidators can seize at discounts if thresholds breach. Borrow interest rates tie to utilization, dropping low when liquidity abounds to spur loans, yet climbing during scarcity to draw deposits and repayments.
Stable rates lock in predictability for some, though at a premium over variables, with rebalances if markets shift sharply.
Deposit and borrow caps limit exposures. Elsewhere, enhanced collateral efficiency boosts limits for correlated assets like stablecoins. Mutuum Finance finalized its CertiK audit successfully. MUTM earned a 90/100 token score that affirms robustness.
Lately, the team launched an official bug bounty program partnering with CertiK. MUTM has allocated $50,000 USDT across four severity tiers. Rewards scale accordingly, ensuring vulnerabilities face swift fixes. To mark presale momentum, Mutuum Finance kicked off a giveaway.
The rewards totaling $100,000 in MUTM tokens are set for 10 winners, each netting $10,000. Participants submit wallet addresses, finish quests, and invest at least $50 to qualify. These steps fortify the platform’s appeal as an altcoin primed for DeFi traction.
Final Words
As Ethereum’s slide underscores crypto market perils, Mutuum Finance emerges as the new crypto coin investors weigh for 2025 upside. Its dual peer-to-contract and peer-to-peer markets enable instant pooled yields or custom loans, letting users earn on idle holdings without custody loss.
Borrowers unlock funds against collateral, redeeming it post-repayment via smart contracts. This utility edges out faltering giants, positioning MUTM as the best crypto to buy now for those eyeing sustained gains. Secure tokens in phase 6 before it vanishes; act swiftly to claim discounted entry.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance