Dogecoin prices fall below key support, signaling trouble for the meme coin. Heavy whale selling and liquidations have pushed Dogecoin to $0.204, its lowest since May 10.
If the 20-day EMA drops below the 200-day EMA, it means sellers are in charge. The trading volume increased by half, clearly showing there was a lot of pressure.
At the same time, many investors are turning to Mutuum Finance (MUTM) which is now a popular new cryptocurrency on the market.
Since Presale Phase 5 is on, the tokens are on sale at $0.03 and can grow 100% at launch.
So far in the presale, Mutuum Finance (MUTM) has raised $10 million and sold more than 530 million tokens to over 11,600 people. It shows that people are increasingly interested in altcoins with useful features.
Dogecoin’s struggles deepen
Dogecoin faces a rough patch as crypto charts reveal a grim picture.
The coin dropped 11% on May 30, driven by $21 million in liquidations. Whales dumped 60 million tokens, worth $12 million, in just two days.
This sell-off aligns with a broader crypto market dip, erasing $700 million in value.
The Awesome Oscillator displays red bars, signaling bearish control.
If this continues, crypto predictions suggest Dogecoin could hit $0.17, a critical support level.
Investors question its reliance on social media hype. Many now seek assets with stronger fundamentals.
Mutuum Finance (MUTM) shines bright
Mutuum Finance (MUTM) is capturing investor attention with its innovative lending model.
Phase 5 of its 11-phase presale is underway, with tokens priced at $0.03, a 200% rise from the opening phase’s $0.01.
Phase 6 will bring a 16.7% price hike to $0.035, urging quick action.
At launch, Mutuum Finance (MUTM) tokens will list at $0.06, ensuring a 100% return for current buyers.
Analysts forecast a post-launch surge to $2.50, a 8,233% gain from today’s price.
The project’s dual lending system sets it apart. It blends Peer-to-Contract and Peer-to-Peer models, enhancing user control.
This structure drives demand, making it a top crypto to buy now.
Robust security and community engagement
Mutuum Finance (MUTM) has finalized a Certik audit, earning a 90.00 security score.
No vulnerabilities were found in its smart contracts, and zero security incidents occurred in the past 90 days.
Active monitoring and moderate social media engagement bolster trust.
The team launched a dashboard showcasing the top 50 holders, rewarding them with bonus tokens for maintaining their rank. This fosters long-term commitment.
The platform’s revenue model uses fees to buy back Mutuum Finance (MUTM) tokens, distributing them to stakers.
This creates steady demand, unlike Dogecoin’s volatility.
Crypto prices today highlight Mutuum Finance (MUTM) as a stable investment, appealing to those seeking reliable returns.
Innovative lending for growth
Mutuum Finance (MUTM) is redefining decentralized finance with its lending approach.
The Peer-to-Contract model lets users deposit stablecoins into smart contract pools, earning passive income through dynamic interest rates.
The Peer-to-Peer system allows direct loan negotiations, cutting out intermediaries.
A forthcoming stablecoin, pegged to the USD, will ensure transaction stability. Layer-2 integration promises faster, cheaper transactions, addressing high gas fees.
Unlike Dogecoin, which lacks utility, Mutuum Finance (MUTM) offers tangible financial tools.
Its beta platform will launch alongside the token, enabling immediate use.
Crypto predictions point to Mutuum Finance (MUTM) as a leader in the evolving crypto market.
A shift to smarter investments
Dogecoin prices fall below key support, pushing holders toward Mutuum Finance (MUTM).
While Dogecoin struggles with market sentiment, Mutuum Finance (MUTM) offers a clear path to growth.
Its presale success, with $10,000,000 raised and 11,600 holders, signals strong confidence.
The $0.03 price in Phase 5 won’t last, with a 100% return locked in at launch.
Long-term, a $2.50 target offers massive potential. Investors seeking the best crypto to buy now find Mutuum Finance (MUTM) compelling. Its utility, security, and community focus make it a standout.
The $100,000 giveaway adds extra incentive for early adopters. As a top crypto to buy now, Mutuum Finance (MUTM) blends utility and security.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
The post Dogecoin prices fall below key support, holders are moving to this new crypto appeared first on Invezz
