Ethereum Price Prediction: ETH Whales Are Pivoting to This Penny Crypto as it Exceeds 90% Sold Out in Phase 6 Presale
Ethereum has always been the focal point in the crypto world, but even the most passionate whales in the market are currently seeking out the possibility of revolutionary alternatives developing in the market. According to analysts, the whales holding Ethereum are quietly rebalancing the allocation levels in their holdings in favor of upcoming crypto projects that show early signs of success in the market.
Among this list, Mutuum Finance has currently emerged as the next crypto to hit $1, as it has just entered Phase 6 of the ongoing presale, where more than 90% has been sold out at the existing cost of $0.035.
Ethereum’s Supply Squeeze Indicates Potential Rally
Ethereum’s structure change is taking place, which could be the precursor for a big move in the Ethereum price. The exchange reserves are dropping drastically from a level of 27 million to just 15.9 million, which is a big multi-year drop, pointing to more than just normal outflows, it’s a supply drain that’s structural in nature. Historically, when there’s no change in the market price but the supply leaving the market starts to disappear, the market usually witnesses a supply-shock rally in the market, but not a speculative one. Any small change in the demand could make the buyers scramble for the few available coins, triggering a very fast move upwards in the Ethereum price. While investors analyze this scenario in the Ethereum marketplace, they are also analyzing the new crypto Mutuum Finance in the DeFi market.
MUTM Presale, Last Chance to Buy Before Price Increase
Mutuum Finance offers a distinctive as well as very rewarding investment opportunity. So far, the project has managed to raise $18.8 million in the presale from a total of 18,080 participants. The presale has currently moved into Phase 6, where the tokens cost $0.035, a massive 250% rise from the $0.010 in Phase 1, demonstrating the eagerness as well as potential for tremendous growth. Already, over 90% of the tokens in Phase 6 have been sold, leaving less time for individuals seeking to acquire tokens at this discounted pricing.
The moment Phase 7 starts, the price will escalate to $0.040, close to a 20% increment. When the proposed launch price of $0.06 is hit, early buyers in Phase 6 may end up gaining as much as 500% in the first trade in the market, which marks a crucial moment for early access to the new crypto, Mutuum Finance marketplace before the costs escalate any further.
Early Comparisons to Aave
Mutuum Finance has been compared to Aave in the early stages of development by analysts. Aave was initially conceived as a community-driven lending platform, but it has managed to create the backbone of DeFi because of its clear vision, transparency, and mechanisms. In the same way, MUTM also uses demand tokenization in its protocol, which includes markets where individuals can borrow and lend with ease.
These strategies reflect the early workings of the Aave platform, as it was designed to retain its users even in unstable market conditions. By leveraging these successful strategies in the more mature DeFi market, it becomes apparent that the project has tremendous potential, as there are predictions that the token could be the next crypto to hit $1 when the project grows.
Creating a Community And Incentivizing Early Contributors
In view of the tremendous popularity of the Mutuum Finance platform, the project, in addition to the potential long-term profit, provides short-term gains as well. This helps to firmly emphasize the project’s dedication to developing a devoted investor base, as well as promoting the concept of shared success. Investors searching for the next big crypto to explode are taking notice of this up-and-coming DeFi player, which means Mutuum Finance is one of the most recognized cryptocurrencies in the market today.
Mutuum Finance has raised $18.8M, has received 18,080+ investors, and has sold over 90% of its Phase 6 presale for $0.035. Phase 7 costs $0.04, with an expected exchange listing of $0.06. With the use of dual lending markets, overcollateralized loans, mtTokens, and the buy-and-redistribute strategy, MUTM has true DeFi use. Don’t miss the chance before Phase 6 sells out and MUTM becomes 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
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