Mutuum Finance Presale Nears Sellout, Dogecoin Risk Rises
On-chain data show Dogecoin’s reserve risk indicator has moved into red zones, indicating weakening long-term holder conviction. Inflows reversed to over 22 million DOGE outflows, breaching the $0.177–$0.179 support zone and raising the risk of a deeper price correction.
Meanwhile, Mutuum Finance (MUTM) has raised $18.85 million in its presale with over 18,120 wallets participating. Phase 6 at $0.035 per token is more than 95% sold, and Phase 7 launches soon at $0.04 with a 20% bonus ahead of a planned $0.06 launch price.
The platform’s dual-market lending model combines peer-to-contract pools that auto-compound ETH/USDT deposits with peer-to-peer lending channels for customized loan terms. Its 90/100 CertiK security score and $50,000 bug bounty back an upcoming V1 protocol on the Sepolia testnet in Q4 2025.
Active community incentives — including daily $500 MUTM bonuses and a $100,000 token giveaway — are driving demand. Traders seeking high-growth DeFi entry points may view buying MUTM under $0.04 as a timely opportunity.
Bearish
Sharp outflows from long-term Dogecoin holders have broken key support at $0.177–$0.179, pushing the reserve risk indicator into red. This signals weakening conviction and raises the likelihood of further selling and deeper correction. While Mutuum Finance’s presale draws DeFi interest, it does not offset DOGE’s immediate downward pressure. Traders are likely to remain cautious, maintaining a bearish bias on Dogecoin in both the short and medium term.