Cryptocurrency Ethereum has once again risen above $2400 due to an improved macroeconomic situation. However, the spotlight is shifting to the new project Mutuum Finance, which promises high results in Q3.
Ethereum's Q3 Outlook
Ethereum is trading at $2440 after bouncing off the $2400 support zone. Technical indicators point to a V-shaped recovery from the $2584-$2620 range. The immediate resistance zone is between $2645-$2700. Blockchain analysis data indicates steady institutional interest.
Mutuum Finance's Presale Success
Mutuum Finance (MUTM) is gaining traction at stage 5 of its presale. The project has attracted over 12,600 investors and raised over $11.4 million. The token sale price of $0.03 offers hope for significant growth as it moves toward the 6th stage.
Investor Security and Rewards
Mutuum Finance is preparing to launch a fully collateralized stablecoin designed to maintain its value even during market volatility. The platform has passed a CertiK audit, receiving a high trust score, and has also introduced a Bug Bounty program with a reward of $50,000.
While Ethereum is recovering, Mutuum Finance is drawing more attention. The growing interest and investments from investors may indicate the altcoin's success in the coming months.
