This week, traders have turned their attention to meme coins, with BONK (BONK) showing a significant 50% increase. Meanwhile, the Mutuum Finance (MUTM) project is making strides in its presale stage.
BONK Situation
BONK (BONK) has risen above the $0.000022 level, increasing by approximately 50% over the past week from lows near $0.000014. The peak quotes reached $0.0000231, while the lows were around $0.0000195. This increase follows a rise in speculative interest in meme coins, driven by stronger trading activity. Notably, BONK recorded over $1.5 billion in 24-hour trading volume.
Mutuum Finance's Presale Success
Mutuum Finance (MUTM) is rapidly advancing through its fifth presale stage, having raised over $12 million and attracted more than 13,000 early investors. The project is becoming a significant player in the DeFi space. Mutuum Finance is also launching a fully collateralized stablecoin backed by USD on the Ethereum blockchain, designed to maintain its value even during market fluctuations.
Mutuum Finance's Approach to Lending
Mutuum Finance offers a hybrid lending model that will serve both passive and active DeFi users. Users can earn passive income by lending their USDT through smart contract pools. Additionally, the P2P model allows borrowers and lenders to negotiate terms without third-party interference, making it more attractive for clients dealing with less secure assets.
The rally of BONK highlights speculative interest in meme coins, while Mutuum Finance shows strong fundamentals and solid growth among investors, which could lead to sustainable results in the long term.
