Mutuum Finance Presale Dey Near Completion Wit $18.6M Raise; SOL Dey Under Bearish Pressure
Mutuum Finance presale don reach Phase 6 for $0.035, wey be 250% increase from Phase 1. Dem get over 17,600 people wey join and don raise $18.6 million, sale dey 90% complete now. Phase 7 price go waka up reach $0.04 before dem go list am for $0.06. Dis DeFi lending protocol wey dey do peer-to-peer and liquidity-pool lending go launch Version 1 for Sepolia Testnet later dis year—e go introduce liquidity pools, over-collateralized loans reach 75%, mtToken rewards plus automated liquidator bots. Card and debit purchase don make am easy to access, and analysts talk say Mutuum Finance fit perform pass Solana 2021 bull run returns. Meanwhile, Solana (SOL) dey face short-term bearish pressure after e reject for 20-day EMA around $198. E dey trade for descending channel, SOL get support for $165–$175 and key levels for $131 and $104; e need break pass $206 to turn downtrend, if e drop under $155–$145 fit mean say deeper correction dey come. Traders suppose dey watch these levels and manage risk well well.
Bullish
Mutuum Finance get strong presale traction—90% done sell, dem don raise $18.6 million, price dey climb through phases and card purchase don make am easy—this one show say investors don dey confident plus token fit get demand before e list. Also, with protocol upgrades wey go happen for Sepolia Testnet soon, the news dey back bullish view for MMT. Even though SOL dey show some technical weakness, the main gist na say Mutuum Finance dey gain positive momentum, wey fit cause correct price pressure short- and long-term for the token.