As the crypto market seeks new opportunities, Chainlink, Hedera, and Mutuum Finance come into focus. Let's review their current achievements and challenges.
Chainlink's Transaction Milestone
Chainlink (LINK) reached an impressive 20 trillion transactions. The increase in active addresses and funds moving to private wallets indicates investor confidence. However, the price rose only 1% over the past week, holding LINK back from a significant rise. Analysts foresee a potential move to $17.67, with resistance at $15.45 and $16.42 possibly inhibiting progress.
Hedera: Hope Amid Pressures
Hedera (HBAR) saw a 5% gain, reaching close to $0.20. Yet, long-term indicators point to sustained selling pressure. Despite some positive signs like the break above the Tenkan-sen line, the token continues to face resistance, limiting recovery potential.
Mutuum Finance: Gaining Presale Momentum
Mutuum Finance (MUTM) raised $5.7 million during its presale in the fourth stage of 11, attracting 7,400 investors. The token is priced at $0.025 currently, with a rise to $0.03 expected in the next phase. The unique profit-sharing model and steady demand make the project appealing to investors.
While Chainlink and Hedera confront market limitations, Mutuum Finance demonstrates robust growth and investor interest through its unique economic model and presale success.
