Mutuum Finance (MUTM) presale at $0.04 claims ~$20M raised; pitched as DeFi alternative to Cardano
Mutuum Finance (MUTM), a decentralized lending and borrowing protocol, is in Phase 7 of its presale priced at $0.04. The project reports nearly $20 million raised from over 18,700–18,800 participants and says 850 million of 1.82 billion presale tokens have been claimed; total supply is capped at 4 billion MUTM. MUTM’s V1 Sepolia testnet reportedly includes liquidity pools, mtTokens, debt contracts and an automated liquidator bot. Smart contracts were audited by Halborn and the protocol plans to use Chainlink oracles for real‑time pricing and risk management. The ecosystem centers on over‑collateralized USD‑pegged stablecoins, buyback‑and‑redistribute fee mechanics intended to fund staking yields (projected ~10–12% APY), and staged presale pricing (Phase 7 $0.04, Phase 8 $0.045, public launch target $0.06). The articles compare MUTM to Cardano (ADA), arguing ADA faces short‑term resistance near $0.408–$0.410 and positioning MUTM as an early presale with higher asymmetric upside — including illustrative ROI scenarios (e.g., ~25x if MUTM reached $1). Participation is said to include retail, whales and institutional buyers; the coverage frames scarcity, presale momentum and audits as drivers of FOMO. Both pieces are press releases; readers are advised to perform independent due diligence. Keywords: Mutuum Finance, MUTM presale, decentralized lending, Chainlink, presale raise.
Bullish
The presale progress, claimed ~$20M raised, large participant count and staged scarcity mechanics are bullish signals for MUTM’s token price at and immediately after launch. Short term, strong presale demand and buyback/redistribute mechanics can create upward price pressure on listing as tokens enter exchanges and staking incentives attract holders. Audit claims and Chainlink integration reduce some technical risk, which can increase buyer confidence. However, the bullish classification is conditional: outcomes depend on actual liquidity at listing, exchange listings, lockups/vesting schedules, realized on‑chain activity, and broader market risk appetite. If listings disappoint or large holders sell on launch (high unlock/vest concentration), the price could reverse—making the long‑term outlook dependent on adoption of the lending protocol, sustainable yields, and on‑chain usage rather than presale momentum alone.