Mutuum Finance $0.035 Presale Surges as Dogecoin Support Falters
Dogecoin’s long-term holders shifted from net buying to over 22 million DOGE outflows, erasing the $0.177–$0.179 support zone and heightening the risk of a deeper correction. Trading around $0.20 with resistance at $0.25–$0.28, DOGE needs a fresh capital influx to reclaim these levels. Against this backdrop, the Mutuum Finance presale at $0.035 per token is gaining momentum. Phase 6 is 85% sold, raising $18.45 million across 17,720 wallets. Phase 7 will offer a 20% bonus at $0.04 before moving toward a $0.06 launch price. Mutuum Finance presale features dual peer-to-contract pools for ETH/USDT with auto-compounded interest and peer-to-peer lending for custom loan terms. Its buy-and-distribute mechanism allocates fees to token burns and mtToken rewards. Audited by CertiK with a 90/100 score and backed by a $50,000 bug bounty, Mutuum Finance plans a Sepolia testnet launch, native stablecoin, Layer-2 integration, and expanded oracle support. For traders seeking asymmetric growth beyond meme coins, the Mutuum Finance presale offers a robust DeFi investment opportunity.
Bearish
The breakdown of Dogecoin’s key support zone and a sudden shift to 22 million net outflows signal increased selling pressure. This undermines DOGE’s immediate price stability and raises the risk of a deeper correction. While the Mutuum Finance presale gains traction, its demand is isolated to MUTM tokens and does not translate into renewed capital flow into DOGE. As a result, the overall impact on DOGE is bearish in the short term, though broader market recovery or sentiment improvements could offer long-term relief.