Mutuum Finance Presale Raises $12.9M as BTC Consolidates
Bitcoin is consolidating in a $116,000–$123,000 range after its record high near $123,000, supported by steady ETF inflows and robust demand. Mutuum Finance presale has raised over $12.9 million, with 85% of tokens sold at $0.03 and more than 13,900 investors joining. Phase 6 increases the price to $0.035, offering a 16.67% gain, while a planned listing at $0.06 promises up to 100% ROI for phase 5 buyers. Mutuum Finance also launched a $50,000 CertiK-certified bug bounty and a $100,000 token giveaway to boost security and engagement. Its hybrid peer-to-contract/peer-to-peer DeFi lending model delivers full asset ownership and aims to reduce volatility for lenders and borrowers.
Bullish
Bitcoin consolidation within a defined range reflects healthy market support from ETF inflows. Such range-bound trading often precedes breakouts when buying pressure intensifies. Meanwhile, the strong performance of the Mutuum Finance presale demonstrates growing investor appetite in DeFi projects and additional capital flows. In the short term, Bitcoin may remain range-bound, but sustained ETF demand underpins price stability and a bullish bias. Over the long term, continued ETF adoption coupled with robust DeFi fundraising could drive further upside for Bitcoin and ancillary tokens.