As Bitcoin (BTC) pushes past $105,000, the crypto market is full of activity and buzz; however, those who know what’s best understand that diversification is essential to ensure that profits are maximized. Even though BTC leads the headlines, people are actively searching for the top crypto to buy now.
Here comes Mutuum Finance (MUTM), at just $0.035 and storming its way to be the next crypto to hit $1. The DeFi project with its revolutionary twin-lending mechanism has got impressive momentum in its presale stage and has sold more than 90% of stage 6. Mutuum Finance is one such cryptocurrency that needs to be considered if one is looking to invest in the next crypto to hit $1.
Bitcoin Maintains Fresh Strength Above $106K
Bitcoin (BTC) appears to be gaining fresh impetuses to move higher since testing the $100,800 zone. As such, if the cryptocurrency is able to maintain above $106,000, there may be potential to move higher to $108,000 to $110,000 in the near term. While all eyes are still glued to news about Bitcoin, there is no shortage of investment capital seeking to identify the top crypto to buy now. One such cryptocurrency that has caught the attention is one that has barely made its entrance yet shows tremendous potential to beat the returns on investment realized with Bitcoin. That cryptocurrency is Mutuum Finance (MUTM).
Presale Phase 6 Shows Strong Momentum
Mutuum Finance (MUTM) is still making significant progress in the DeFi sector, with the sixth phase of its presale indicating intense pace. The current price of MUTM tokens is set at $0.035, indicating a 250% increase since the initial launch in Phase 1 with a price tag of $0.01. In excess of 17,950 people have participated with contributions above $18.8 million, with Phase 6 over 90% complete. As the presale process approaches Phase 7, there is anticipated growth in the token price to $0.04, bringing the token one step closer to its expected exchange listing price of $0.06. This notable growth and acceptance has placed MUTM among the preferred investment choices and is cited by analysts to be the top crypto to buy now as well as the next crypto to hit $1.
Researchers Find Similarities Between MUTM and Early Aave
Experts in the sector are already comparing it to Aave during its inception stages. Aave was initially viewed as a niche loans platform that later became an integral piece in the DeFi sector. What made Aave indispensable was that it presented an attractive roadmap with clear mechanics that encouraged people to invest in such technology during its development stages. The same advantage might be seen by people who invest in MUTM.
The reason behind making such an analogy is that it is driven by the fact that MUTM seeks to integrate demand tokenisation within protocol activity. The protocol achieves this through various means such as dual lending markets, over-collateral loans, mtTokens, as well as its buy and redistribute fee mechanism. As observed by analysts, these tactics are reflective of those that made Aave succeed within the market by retaining users even during market cycles.
The most significant differing element is that Aave was launched during the initial boom in DeFi, whereas the market that MUTM enters is more evolved and has greater emphasis on use cases wherein investors are eager to collaborate with projects that possess practical mechanisms and tangible usability.
Security, Transparency, and Community Incentives
Confidence in the investment process is encouraged by the robust security and transparency features that Mutuum Finance offers. The protocol was successfully audited by the independent audit firm CertiK with a 90/100 score on the Token Scan test; such projects rank among the most secure DeFi initiatives.
The team has also rolled out a $50,000 bug bounty challenge to motivate white-hat hacking before the mainnet launch. In terms of community outreach activities, there is an ongoing $100,000 giveaway whereby ten lucky people will get $10,000 each in MUTM tokens. The activities carried out in the presale are displayed on real-time dashboards and Top 50 Leaderboards to ensure full transparency.
MUTM has already got $18.8 million with over 18,000 investors and are over 90% sold in Phase 6. Tokens are $0.035 until Phase 6 sells out and then $0.04 in Phase 7. They also got an optimal DeFi mechanism with fantastic tokenomics; this makes MUTM the top crypto to buy now and the next crypto to hit $1.
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/top-crypto-to-buy-now-as-bitcoin-btc-hits-105000/
