Amid Ethereum's 20% surge, new projects like Mutuum Finance are attracting investor attention with their initiatives and successful presales.
Ethereum's Surge and Its Impact
Ethereum (ETH) has surged by 20% over the past week, reaching $4,277.73. Key factors driving this growth include strong institutional inflows and short-covering. Analysts are eyeing the $4,350 to $4,500 range as the next target, contributing to a positive market sentiment.
Launch of Mutuum Finance's Phase 6 Presale
Mutuum Finance has completed its Phase 5 presale and entered Phase 6, selling tokens at $0.035. The next price increase will push the token price to $0.04. The presale has already raised over $14.3 million and onboarded over 15,150 holders.
Mutuum Finance's Initiatives and Partnerships
Mutuum Finance has announced the launch of a Bug Bounty program in collaboration with CertiK, with a total reward pool of $50,000 USDT. The program includes four categories of rewards. Additionally, the project is hosting a $100,000 MUTM giveaway, where ten users can win $10,000 each.
The current developments surrounding Mutuum Finance highlight the increasing interest in the project, which continues to attract investments amid Ethereum's successful growth.
