Ethereum (ETH) Price Holds Steady, but Investors Are Turning to Trending $0.035 DeFi Altcoin for 10x Potential
The post Ethereum (ETH) Price Holds Steady, but Investors Are Turning to Trending $0.035 DeFi Altcoin for 10x Potential appeared on BitcoinEthereumNews.com.
Ethereum (ETH) is stuck in a sideways trend, where it is firmly holding on in a bearish trend, but all the focus is now being switched to a surprise DeFi altcoin, Mutuum Finance (MUTM). MUTM is in its sixth presale level and missing out at this point means a 14.28% premium when phase 7 comes. Over $15.45 million has so far been raised and the project has already signed up more than 16,120 investors. While market giants Ethereum are undisputed kings, Mutuum Finance is quietly emerging as the most talked-about altcoin in the DeFi sector. Ethereum (ETH) is currently trading at $4,308.26, moving intraday between $4,261.78 and $4,474.72. The cryptocurrency is in limbo, consolidating below resistance levels of $4,437–$4,500 while staying above key support levels of $4,067–$4,100. Technical indicators are showing a picture of cautious balance: the RSI hovers near the middle and constricting Bollinger Bands suggest possible future volatility. Experts say that a breakout above resistance could pave the way to $4,800–$5,000, while a drop below support could bring new downward pressure. With Ethereum staying calm in this volatile market, investor focus is also being attracted to new age DeFi projects, including Mutuum Finance. This newcomer has built a name for itself faster than expected. Presale Momentum Mutuum Finance is providing investors with a chance to invest in affordable when the project is at the stage of inception. The price per MUTM is $0.035 now, although it will be at $0.04 in a later phase 7 of token sale. There has also been very high demand for investment and the raised amount has crossed $15.45 million whereas token owners have crossed over 16,120. This makes MUTM the most competent newcomer in the DeFi market. $50,000 Bug Bounty Program As the presale rages on, MUTM has launched a new program…
