A surprising turn in the meme coin market as Shiba Inu holders encounter growing concerns over the departure of major investors heading towards Mutuum Finance, a rising player in decentralized finance.
Exodus of Whales from Shiba Inu
Recent data indicates that large holders of Shiba Inu are beginning to exit the project. This migration towards Mutuum Finance underscores the growing interest in a new player in the decentralized finance space.
Mutuum Finance Presale
Mutuum Finance has entered Phase 6 of its presale, with token prices at $0.035, reflecting a 16.17% increase from the previous round. The upcoming Phase 7 will see a price increase to $0.04. The project has raised over $14.1 million and attracted more than 14,900 investors, indicating high interest.
Audit and Stablecoins
Mutuum Finance is developing a fully collateralized USD-backed stablecoin on the Ethereum blockchain and has passed an audit by CertiK with a high trust score of 95.0 out of 100. The project also operates a $50,000 Bug Bounty Program, emphasizing its commitment to security and transparency.
The changes in the meme coin market and the growing interest in Mutuum Finance illustrate the evolution and potential future of decentralized finance. The project's success and investor attention may signify a pivotal moment for the next stage in DeFi.
