Mutuum Finance Presale Promises 300% Gains; SHIB Signals Surge
Crypto traders are eyeing Mutuum Finance (MUTM) as it enters presale phase 6 at $0.035 after a 16.17% gain in the previous stage. The project has raised over $14.75 million from 15,550 investors and offers a 300% ROI target at token launch. Incentives include a $100K giveaway (10 winners receiving $10K each) and a $50K bug bounty, underpinned by a P2P and P2C lending protocol executed via smart contracts.
Meanwhile, Shiba Inu (SHIB) trades at $0.00001267 with a 24h volume of $207 million and a $7 billion market cap. Despite a 9.2% weekly dip and a bearish “death cross,” technical analysis points to a possible 156% rally, supported by a new Chainlink (LINK) token-burning mechanism. Traders may leverage these developments to inform short-term positions and long-term portfolio strategy.
Bullish
The news is bullish because Mutuum Finance’s successful presale—raising $14.75 million in Phase 6 with 15,550 participants—and high ROI expectations (300%) create immediate buying pressure in the DeFi token market. Complementary incentives like a $100K giveaway and $50K bug bounty further drive community engagement and token demand. Historically, well-structured presales with strong marketing and security measures have sparked short-term price rallies as traders rush to secure early allocations.
On the other hand, SHIB’s current technical outlook—despite a recent 9.2% dip and a bearish death cross—features a bullish divergence and Chainlink-powered token burn that may underpin a longer-term uptrend. Combined, these developments suggest heightened trading activity, with potential for rapid price appreciation in the near term and strengthened fundamentals over the long run.