As the market capitalization of mainstream tokens like XRP peaks, the rise rate has noticeably slowed down, and many investors have started to turn around to seek opportunities in early projects.
Recently, a DeFi lending protocol based on Ethereum called Mutuum Finance (MUTM) has gained popularity. Interestingly, some analysts have compared it to the early trend of XRP, reasoning that the timing is similar and the practical use cases are reliable.
The project is currently in the sixth phase of presale, with a unit price of $0.035, and the inventory is running low at less than 1%. As of now, MUTM has raised approximately $19.4 million, with over 18,600 wallet addresses holding the coin. In terms of security, CertiK has given a score of 90/100, and an audit by Halborn Security is also underway. If all goes well, the V1 version is expected to launch on the Sepolia testnet in Q4 2025.
Speaking of the current appeal, the price window is indeed getting smaller, coupled with new protocols about to go live, it's somewhat reminiscent of the early development of certain mainstream tokens. Of course, when selecting projects, it's essential to look at the fundamentals; good-looking data does not guarantee that investments will be profitable.
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GlueGuy
· 12-23 16:53
19.4 million in financing is indeed a lot, but the DeFi lending sector is almost dead, right?
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PoolJumper
· 12-23 14:00
1940 million in financing sounds like a lot, but who still believes in "high security ratings" these days?
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Another DeFi lending project is here, the mindset of making quick money needs to change.
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Should we invest in the presale? Or wait until the Mainnet is launched to assess the risks?
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There were too many projects like this last year, is the fundamental aspect solid enough?
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High financing amount ≠ reliable project, to be honest, being cautious is not a bad thing.
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Launching in 2025, how long do we have to wait...
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It looks okay, but I'm still watching from the sidelines, who can guarantee this will still be around next year?
The DeFi newcomer MUTM is about to launch its presale, with early investors betting on the next rise opportunity.
As the market capitalization of mainstream tokens like XRP peaks, the rise rate has noticeably slowed down, and many investors have started to turn around to seek opportunities in early projects.
Recently, a DeFi lending protocol based on Ethereum called Mutuum Finance (MUTM) has gained popularity. Interestingly, some analysts have compared it to the early trend of XRP, reasoning that the timing is similar and the practical use cases are reliable.
The project is currently in the sixth phase of presale, with a unit price of $0.035, and the inventory is running low at less than 1%. As of now, MUTM has raised approximately $19.4 million, with over 18,600 wallet addresses holding the coin. In terms of security, CertiK has given a score of 90/100, and an audit by Halborn Security is also underway. If all goes well, the V1 version is expected to launch on the Sepolia testnet in Q4 2025.
Speaking of the current appeal, the price window is indeed getting smaller, coupled with new protocols about to go live, it's somewhat reminiscent of the early development of certain mainstream tokens. Of course, when selecting projects, it's essential to look at the fundamentals; good-looking data does not guarantee that investments will be profitable.