XRP has surged past $3 in early Asian sessions. Bulls reclaimed this key level amid Bitcoin’s push beyond $125,000. Yet, on-chain data reveals 320 million XRP tokens, worth $950 million, shifted to exchanges last week. This influx poses a stern test for upward momentum.
Meanwhile, experts spotlight Mutuum Finance (MUTM) as the best crypto to buy. Investors seek stable yields in DeFi amid volatile crypto prices. Thus, MUTM’s lending protocol draws keen interest.
Ripple (XRP) Navigates Resistance Zone
Traders have watched XRP hold firm above $2.95. Bitcoin’s rally fueled this altcoin lift. Furthermore, seven spot XRP ETF filings await October rulings. Ripple’s bid for a U.S. banking license adds fuel. Approval could enhance custody and settlement options. Consequently, whale wallets scooped dips near $3.00.
XRP’s daily chart shows bullish patterns. A symmetrical triangle from July hovers above. Price clings to the 50-day SMA at $2.93. Parabolic SAR guards $2.74 below. Moreover, RSI sits at 54, far from overbought. MACD hints at a bullish cross. Open interest climbed 4% to $8.9 billion. Yet, exchange balances rose from 3.45 billion to 3.85 billion tokens. Age Consumed metrics signal long-term holders cashing profits.
Bulls eye $3.10 to $3.30 next. A strong close there could unlock $3.38. Then, targets stretch to $3.95 and $4.20. However, supply pressure looms large. If sellers dominate, $2.93 support crumbles. A drop to $2.75 follows. Crypto prices today fluctuate wildly. Thus, XRP faces a pivotal standoff.
Mutuum Finance (MUTM) Gains Traction
Phase 6 of Mutuum Finance (MUTM) presale unfolds now. It stands at 60% filled across 11 phases. Investors have raised $17,000,000 since launch. Total MUTM holders hit 16,820. Current price sits at $0.035. This marks a 250% rise from phase one’s $0.01 entry.
Phase 6 sells out rapidly. Thus, tokens at this level vanish soon. Phase 7 opens next. It brings a 14.3% hike to $0.04. MUTM launches at $0.06. Current buyers eye 371% returns post-launch.
Mutuum Finance has unveiled its lending and borrowing protocol. Version 1 heads to Sepolia Testnet in Q4 2025. Core features include liquidity pools, mtTokens, debt tokens, and liquidator bots. Initial assets cover ETH and USDT for lending, borrowing, or collateral.
Lenders deposit funds into pools. They earn yields via mtTokens that accrue interest. Borrowers post overcollateralized assets. They unlock liquidity without selling holdings. Furthermore, two markets operate: peer-to-contract for instant access, peer-to-peer for custom terms.
Protocol mechanics ensure balance. Borrow interest ties to utilization rates. Abundant capital keeps rates low. Scarce supply raises them to spur repayments. Stable rates lock predictability for borrowers.
They start higher than variable options. Rebalancing occurs if variables surge 10% above stables. Deposit and borrow caps limit risks. Loan-to-value ratios cap borrowings at 75% for stable assets. Liquidation triggers at 80% thresholds. Penalties reward liquidators. Reserve factors build buffers against defaults.
Security bolsters trust. The team has completed its Certik audit. Mutuum Finance (MUTM) scored 90 out of 100. This reflects strong safeguards. Additionally, a bug bounty program launched with Certik. It allocates $50,000 in USDT rewards. Tiers span critical to low severity. Every vulnerability earns payout. A dashboard now tracks top 50 holders. They receive bonus tokens for maintaining ranks.
Community engagement surges. Mutuum Finance (MUTM) runs a $100,000 giveaway in tokens. Ten winners claim $10,000 each. Participants submit wallet addresses. They complete quests fully. A $50 presale investment qualifies entry. Thus, early backers build positions smartly.
Crypto Investment Shifts Toward Utility
Crypto predictions favor protocols with real use cases. XRP grapples with sell walls amid ETF hopes. In contrast, Mutuum Finance (MUTM) delivers lending tools now. Investors in crypto prioritize yields over hype. MUTM’s design unlocks idle assets securely.
Borrowing against holdings preserves upside. Thus, it stands as the best crypto to buy for steady gains. Examine charts closely. Crypto prices swing, yet MUTM’s roadmap solidifies value. Act on this opportunity today. Secure your stake in the next DeFi wave.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
