ADA Slides as MUTM Presale Nears 99% Allocation at $0.035
Cardano (ADA) has shifted into a renewed downtrend after failing to break resistance in the $0.47–$0.50 zone and higher resistance near $0.70–$0.85; ADA is trading around $0.43 and has lost upward momentum. Meanwhile Mutuum Finance (MUTM), a new DeFi lending token launched at $0.01 in early 2025, has seen rapid presale traction — trading near $0.035 after a roughly 250% rise, with about $19M raised, ~18.2k holders and 1.82 billion of 4 billion supply offered. The presale moved into Phase 6 and is reported at ~99% allocated, leaving only a small allocation below $0.04; Phase pricing is due to rise toward $0.04 and later $0.06 at market launch per the presale schedule. Mutuum’s roadmap includes a Sepolia testnet V1 in Q4 2025 (ETH and USDT support), Halborn security review, interest-bearing mtTokens, liquidation tools and a revenue-driven buyback mechanism that redistributes purchased MUTM to stakers. Reports cite whale participation (noted $115K allocation) and easier onramps such as card payments as drivers of urgency among retail buyers. The earlier coverage that showed ADA briefly rebounding above $0.60 is superseded by the later update describing renewed weakness. The article is a sponsored press release and not investment advice. Traders should note a possible short-term capital rotation from ADA into high-yield presale tokens like MUTM, which can pressure ADA price near-term while elevating demand for MUTM; monitor presale allocation, whale activity and whether ADA can reclaim key resistance for a technical recovery.
Bearish
The combined reporting points to negative near-term price implications for ADA. The later update shows ADA losing momentum after failing key resistance and trading near $0.43 — a technical bearish signal. Concurrently, a high-profile presale (MUTM) is rapidly allocating capital (near 99% in Phase 6), attracting retail buyers and at least some whale participation; such capital rotation from established tokens into high-yield presale offerings often draws short-term liquidity away from leading altcoins. Indicators supporting a bearish short-term outlook for ADA: failure at resistance zones, falling momentum, and evidence of investor attention shifting to MUTM. For traders this suggests elevated downside risk or range-bound behaviour until ADA reclaims resistance or broader market conditions improve. Over the medium to long term, ADA’s direction will depend on macro crypto sentiment, on-chain fundamentals and whether selling pressure from rotations and whales subsides; if ADA stabilizes and breaks above the noted resistance bands, the outlook could shift bullish, but current signals favor short-term weakness.