A week marked by technical milestones and shifting investor sentiment sees increasing interest in both Pepe Coin and Mutuum Finance, a prominent player in DeFi.
PEPE Coin Shows Bullish Signal
Pepe Coin (PEPE) has formed a traditional golden cross on the daily chart, where the 50-day moving average crossed above the 200-day MA. This technical indication is usually a sign of potential bullish continuation. Currently, PEPE briefly spiked to $0.00001049 but has since settled around $0.00001010. Despite this signal, the price remains 40% lower than its May peak, raising skepticism among traders.
Success of Mutuum Finance Presale Phase 5
Mutuum Finance has launched its 5th presale phase, successfully raising over $12 million from 13,000 investors. Participants in the presale are given the opportunity to purchase tokens at the lowest price, as 65% of the tokens are already sold. The growing interest in Mutuum Finance highlights a shift towards assets with real utility.
Mutuum Finance's Bonus Programs and Secure Solutions
Mutuum Finance has initiated a Bug Bounty program worth $50,000 in partnership with CertiK, offering rewards for identifying vulnerabilities. Additionally, the project is developing a fully collateralized stablecoin on the Ethereum platform, ensuring asset stability in declining markets, as opposed to algorithmic stablecoins.
Despite the temporary interest in Pepe Coin, investor attention is gradually shifting towards projects that facilitate real change, such as Mutuum Finance. With significant achievements in security and stability, Mutuum Finance is gaining traction among market participants.
