Crypto capital is shifting. Cardano (ADA), which was one of the most famous and popular blockchains, loses the support of investors. Its price is also sliding and statistics depict that big holders are selling. Whenever money leaves ADA, it passes down to the projects that have evident development and definite plans.
One of these projects is the Mutuum Finance (MUTM) which has achieved a significant milestone during presale. This performance makes MUTM one of the best cryptos to purchase today by investors with the long term.
Weaknesses are evident at Cardano
This has undermined the situation of Cardano. The token trades around $0.36 and has been lingering below some of its crucial levels of prices and this means that there is constant selling pressure. According to on-chain information, big owners, or whales, sold approximately 90 million ADA within a limited period. They contained 100,000 to 100 million ADA in those wallets.
The market is overwhelmed with whale selling with prices usually going down. This commercial information corroborates this pessimism. The traders are taking a bet towards a drop in price as indicated by the long-short ratio having a value of less than 1. The fall in the price and sale of whales with bearish trading is the indicator that confidence on ADA is dwindling in the short run. Investors are thus moving their resources to projects which have stronger momentum and have better growth prospects.
Mutuum Finance Achieves a Major presale objective
When most significant cryptocurrencies are struggling, Mutuum Finance (MUTM) is achieving evident, visible milestones. The project has already exceeded over 19.5 million in its presale which shows that it has a great deal of investor interest. More than 18,580 holders have been registered and this shows increased trust.
Mutuum Finance is at Presale Phase 6, and the tokens cost 0.035. This is 250% greater compared to Phase 1, but Phase 6 is near full capacity. Phase 7 will begin when it closes where the price is expected to increase by almost 20% to 0.040. The market launch price is fixed to be at $0.06, and the initial buyers will have a good opportunity of making high profits. These dynamics put MUTM in the list of the best crypto investments.
Firm Utility and Stability behind the Project
Mutuum Finance is actively raising money and actually building tools. The project is building a two layer lending system to facilitate decentralised finance to suit flexible user requirement. It also intends on over-collateralized stablecoin to decrease the fluctuation of prices and to include the stability of the platform.
To engage with the users, Mutuum Finance provides a daily leaderboard and live dashboard. The highest contributor on a daily basis is awarded a $500 MUTM bonus. The security is one of the top priorities: the project is being audited by Halborn Security.
A Shift in Investor Focus
The market sends a clear message that it is easy to focus on the projects that actually progress and have good communities than those that struggle to sell their projects. The success of the pre-sale of the eminent Mutuum Finance proves the increase in confidence and sound performance. MUTM is a powerful, evidence-based, tool that investors would prefer to use when deciding where to invest money in this changing market.
As Phase 6 is almost over, the time of purchasing at the existing price is fast running out. Mutuum Finance continues to advance at increasing uncertainty, becoming, therefore, one of the best options between the current choices in the category of the best crypto to invest in at the moment.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
Source: https://www.cryptopolitan.com/cardano-ada-faces-investor-exodus-while-this-crypto-to-buy-now-reaches-key-presale-milestone/
