XRP drop go $1.90 as Mutuum MUTM Presale nearly sell out
Ripple's XRP don fall to about $1.90, down 19% this month, as bearish on-chain signals and net unrealized profit/loss of –0.30 for short-term holders show say washout never complete and technical support weak for $1.95 level. If e no fit hold this level, e fit push XRP go $1.57, make traders dey cautious. Meanwhile, DeFi project Mutuum Finance don raise $19 million for di final stage of im MUTM presale at $0.035 per token, sell 95% of im supply. Mutuum dual lending architecture—Peer-to-Contract pools for liquid assets like ETH and USDT and Peer-to-Peer markets for exotic tokens—backed by Halborn security audit, support dia dollar-pegged stablecoin model. With projected launch price of $0.06, di MUTM presale dey offer potential 400% returns, attract crypto traders wey dey find growth.
Bearish
For short term, XRP no maintain the $1.95 support and with –0.30 NUPL plus more whale deposits, e mean say e fit still fall more, e fit make traders wey no like risk begin sell am. No clear washout rebound and ETF rumors wey still dey, dey add more confusion for market. For long run, the bearish on-chain metrics wey dey last and no proper catalyst fit stop the price from falling or recovering well, plus capital wey dey look for growth go waka go high-yield chances like MUTM presale, fit make XRP demand reduce again.