Dogecoin holders dump 155M DOGE; will it recover, or will MUTM take the spotlight?

DOGE, MUTMDogecoin holders are unloading 155 million DOGE, sparking questions about the memecoin’s future.

A massive $24.6 million transfer to Robinhood, reported by Whale Alert, follows a 7% price surge, yet volatility persists

Geopolitical tensions, including a shaky U.S.-brokered ceasefire between Israel and Iran, have rattled crypto markets.

Dogecoin’s price hovers at $0.164, struggling against a descending channel pattern

Meanwhile, Mutuum Finance (MUTM) is gaining traction in its presale phase 5, raising $11,200,000 with over 570 million tokens sold to 12,500 holders. Could this DeFi project outshine Dogecoin?

Investors are watching closely.

Let’s explore the dynamics shaping these crypto coins.

Dogecoin’s price wobble

Dogecoin’s recent price action is raising eyebrows. Trading at $0.164, the memecoin climbed 7% in 24 hours but hit resistance at $0.165.

A whale’s 155 million DOGE dump coincided with a 12% spike to $0.1674 before a pullback

Trading volume dropped 10%, signaling weak momentum.

On-chain data from CoinGlass shows $18.34 million in DOGE leaving exchanges, hinting at accumulation by long-term holders.

This could ease selling pressure. However, Dogecoin remains trapped in a descending channel

A daily close above $0.17 might trigger a 20-50% rally. For now, uncertainty clouds Dogecoin’s path.

Meanwhile, Mutuum Finance (MUTM) offers a fresh alternative.

Mutuum Finance (MUTM) shines in presale

Mutuum Finance (MUTM) is carving a niche in the crypto market with its presale success.

Phase 5 is underway, over 50% filled, with tokens priced at $0.03—a 200% rise from phase one’s $0.01

The window to buy at this level is closing fast, as phase 6 will lift prices 16.7% to $0.035.

With a launch price of $0.06, buyers now secure a guaranteed 100% ROI.

Projections suggest MUTM could hit $3 post-launch in 2025, offering a staggering 100x return

Over 570 million tokens are sold, and 12,500 holders are onboard. Mutuum Finance (MUTM) is proving its mettle.

Let’s dive into its unique offerings.

## Innovative DeFi lending model

Mutuum Finance (MUTM) is redefining DeFi with its dual lending system.

Its Peer-to-Contract model uses smart contracts for automated, market-responsive interest rates, ensuring stability

The Peer-to-Peer approach connects lenders and borrowers directly, ideal for volatile assets.

Users retain full asset control, unlike centralized platforms. Mutuum Finance (MUTM) also introduces mtTokens, which represent deposits and accrue interest, tradable within the ecosystem

A staking module rewards mtToken holders via token buybacks, fostering long-term gains.

Furthermore, a native stablecoin on Ethereum will enhance liquidity and reduce volatility risks.

This robust framework positions Mutuum Finance (MUTM) as a top crypto to buy now. Security and transparency elevate its appeal.

Security and community incentives

Mutuum Finance (MUTM) is prioritizing trust with a CertiK audit, scoring 95.00 for security.

No vulnerabilities were found in its smart contracts, and no incidents occurred in 90 days

A Bug Bounty Program with CertiK offers $50,000 in rewards, split across critical, major, minor, and low tiers.

This ensures ongoing vigilance. Additionally, a $100,000 MUTM giveaway excites investors, with 10 winners each receiving $10,000 in tokens

Entry requires a $50 presale investment and completing quests like submitting a wallet address.

A leaderboard rewards the top 50 holders with bonus tokens, boosting engagement. These initiatives highlight why Mutuum Finance (MUTM) is a top crypto contender.

A bright horizon for investors

Dogecoin’s 155 million DOGE dump has sparked debate about its recovery potential.

While a breakout above $0.17 could ignite a rally, its volatility raises concerns

Conversely, Mutuum Finance (MUTM) is capturing attention with its presale momentum and DeFi innovations.

Phase 5’s $0.03 price offers a 100% ROI at launch, with projections of $3 in 2025

Its lending model, stablecoin plans, and CertiK-backed security make it a standout.

Investors seeking the best crypto to buy now should explore Mutuum Finance (MUTM).

Join the presale and engage in the giveaway to secure your stake in this promising project.

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

Website:

Linktree:

The post Dogecoin holders dump 155M DOGE; will it recover, or will MUTM take the spotlight? appeared first on Invezz

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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