Whales are changing their taste and leaving Cardano (ADA) and Solana (SOL) to focus on Mutuum Finance (MUTM), a DeFi project starting to get attention in the crypto arena. The current fourth phase of the presale for Mutuum Finance is at $0.025 per token, having raised $7.4 million thus far, with more than 434 million tokens sold to 9,300 holders.
The rediscovered demand arises from the unique lending model and structured tokenomics of the project, which promises a 140% return on the $0.06 listing price. Phase 4 is filling up by 55%, prompting investors to rush and purchase tokens before the next 20% price increase to $0.03 in phase 5. But why are the whales making this bold move?
Fading momentum for Cardano
Cardano (ADA) is slowly losing its upward momentum. Trading above $0.70 and tripping on a 12% rise in the last seven days, a cooling signal is emanating softly from ADA. It is here that the BBTrend indicator was on the move from 13.27 to 7.55, indicating a cooling momentum. The Directional Movement Index is showing a low-17.14 marking trend strength, where the buyers and sellers seem to be stuck in a stalemate.
ADA is hovering over the critical $0.69 support price level, with a very real prospect of falling should the bulls fail to act. The whales have turned towards projects with a reasonably clear growth trajectory like Mutuum Finance (MUTM), offering ground utility and structured returns, sensing such indecision.
Solana’s uncertain edge
While decidedly impressive, Solana (SOL) has fared less favorably in recent times, losing about 16% in value over 30 days. In holding above near $145 support level, SOL’s bullish structure shows cracks. The BBTrend indicator fell from 10.43 to 4.06-Indicating tiredness of the bullish momentum.
Despite leading in DEX volume and blockchain revenue, prediction signs are showing flat Ichimoku Cloud lines are indicative of a possible stall. Distrustful of such consolidation periods, a movement from the whales towards Mutuum Finance (MUTM) ensued, lured by the rapid sell-out of its presale and expected price growth. The real-world DeFi applications of MUTM compared to Solana’s reliance on ecosystem supremacy provides a rationale for the shift in strategy.
Mutuum Finance’s rising tide
As of now, the Mutuum Finance (MUTM) is much on the buzz, with phase 4 presale being filled at an ever-increasing amount to 55% sold-out. Investors buying in at the price of $0.025 can make a gain of 20% as the price will be increased to $0.03 in phase 5.
The tokenomics stand to guarantee investors a whopping 140% upon listing at the price of $0.06, and analysts predict that the price will go zooming to $2.50 to offer a massive 9,900% return on the investment.
Recently, the team started a dashboard that gives insights into the 50 largest holders and rewards will be issued to hold the positions via bonus tokens. This creative way gives the investor hope and thus stimulates demand as the presales continue to rush in.
The Future Is Mutuum Finance
Mutuum Finance (MUTM) is accordingly on a long-term course in building trust, which is undergoing a smart contract audit by Certik. The announcement will come as soon as the audit is completed, so that investor confidence will be built. This shows that the security of MUTM is important, making it stand out from the tens of thousands of speculative tokens.
With the closing of phase 4 nearing, the urgency to enter at current prices increases. Whales have this window in their sights and are actively siphoning funds from ADA and SOL to put into these promising returns.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuum.finance/
Linktree: https://linktr.ee/mutuumfinance
