Mutuum Finance (MUTM) Presale Raises $15.9M as Phase 7 Price Jumps to $0.04
Mutuum Finance (MUTM) has raised nearly $15.9 million in its Phase 6 presale at $0.035 per token, attracting over 16,370 participants. The token price will climb to $0.040 in Phase 7, reflecting sustained investor demand. Mutuum Finance has launched a CertiK bug bounty program offering up to $50,000 in USDT rewards and employs a hybrid Peer-to-Contract (P2C) and Peer-to-Peer (P2P) lending framework. Chainlink oracles provide real-time price feeds for ETH, MATIC and AVAX, supporting stable collateral management and robust risk controls such as over-collateralization and reserve factors. In contrast, Shiba Inu (SHIB) trades around $0.00001307, driven by community sentiment with resistance near $0.000014 and support at $0.0000129–$0.0000131. With strong DeFi fundamentals and growing security measures, Mutuum Finance is positioned as a bullish alternative with a long-term target of $3.50.
Bullish
The Phase 6 presale success at $0.035 and the move to $0.040 in Phase 7 demonstrate strong short-term investor demand for Mutuum Finance (MUTM). The CertiK bug bounty and Chainlink oracle integration enhance platform security and price reliability, boosting trader confidence. Compared to sentiment-driven SHIB, MUTM’s structured risk controls, hybrid P2C/P2P model and robust collateral management support sustained growth. In the long term, these fundamentals and a clear $3.50 target underpin a bullish outlook, likely attracting further capital and driving price appreciation.