Solana Under $100: Blue-Chip Coins Are Underperforming While This New Crypto Soars 300%

Solana has been trading under $100 as blue-chip coins struggle to gain momentum. However, there is a new crypto project emerging as a top crypto to invest in. Mutuum Finance (MUTM) has gained over 300% during its presale. This crypto project has gained immense traction in the DeFi market amongst investors looking for the next big thing. 

Solana Faces Short-Term Pressure Amid Technical Weakness

Solana (SOL), currently trading under $100, has lost its key support levels as its recent price movements show weak upside momentum. Sellers are dominating Solana’s price, and analysts predict its price may reach $57, which aligns with its 0.618 Fibonacci extension and historical demand. SOL is falling due to its weak upside momentum and a market-wide crash that has affected all blue-chip cryptos, including Ethereum and Bitcoin.

Potential 300% Upside: Evaluating MUTM’s Growth

Mutuum Finance (MUTM) has seen significant success in terms of early-stage growth, as seen through its presale, which is now in the 7th phase. The presale has garnered close to $20.48 million from 19,000 investors. The momentum has been high with strong adoption recently seeing over $200,000 added within 72 hours. Since the presale began at $0.01, its price has rose 300% to $0.04, a 4x ROI for investors who bought MUTM early. 

The token has in-built scarcity via its capped supply of 4 billion MUTM. 1.82 billion MUTM has been set aside for presale investors, with more than 855 million MUTM already scooped up by investors. This scarcity is beneficial to early-stage investors. The newcomer is attracting increasing attention among buyers seeking the top crypto to invest in.

Peer-to-Contract Lending: Passive Yield From Shared Pools

One of the main features of Mutuum Finance is the Peer-to-Contract (P2C) model of lending. This model allows users to earn passive yields by contributing to shared liquidity pools. This model is especially beneficial for popular cryptocurrencies such as USDC or USDT. 

For example, an investor who owns 10,000 in idle USDC may decide to lend by depositing into the Peer-to-Contract pool. In return, 10,000 mtUSDC is minted to represent the contribution to the pool. As users borrow funds from the pool and pay interest on their loans, the lender’s mtUSDC tokens will grow accordingly. Assuming an average 12% APY on the pool’s total funds, the investor’s 10,000 mtUSDC will grow by $1,200 over the course of a year. 

When choosing to exit, the investor receives both the original amount and the interest earned. The interest rates are dynamic and change according to the demand in the pool. If the demand to borrow increases, the interest rates increase. This makes MUTM a top crypto to invest in for passive income strategies.

Early Investor Perks and Community Engagement

To encourage early investors to invest in its presale, Mutuum Finance has introduced a series of investor benefits and rewards. For example, there is a daily leaderboard system that rewards the top presale investor each day with $500 worth of MUTM tokens. There is also a $100,000 giveaway aimed at rewarding ten lucky contributors $10,000 worth of MUTM tokens each. These benefits not only encourage investors to invest in its presale but also promote community engagement as the project gets closer to its mainnet launch. 

A new crypto asset, Mutuum Finance (MUTM), is making big moves in its presale. Up 300% already, Mutuum Finance boasts a live DeFi lending platform, passive income through P2C pools, and robust community engagement rewards. Having raised $20.48 million in its presale and showing no signs of slowing, it’s quickly becoming the top crypto to invest in and a standout new crypto in the DeFi market.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://mutuum.com/ 

Linktree: https://linktr.ee/mutuumfinance