Polygon continues to decline in value, whereas Mutuum Finance gains investor attention with its presale.
Polygon's Bearish Spiral Accelerates
The decline of Polygon shows a continuous exit of funds, with POL holders facing the risk of significant losses. Technical analysis points toward a critical support level breach at $0.278, which could result in a further drop to $0.24, exacerbating the situation for token holders.
Mutuum Finance's Presale Success
Mutuum Finance (MUTM) attracted 4,900 token holders, raising over $2.7 million. Its unique tokenomics and transparent structure make it appealing to investors, offering a 33.3% gain during phase 2 of the presale.
Optimistic Forecasts for Mutuum Finance
Mutuum Finance employs an architecture protecting assets from sharp price fluctuations. The mtETH tokens offer passive value growth, providing innovative solutions for diverse assets. The project is expected to see significant profitability, potentially leading the DeFi sector by 2025.
Mutuum Finance's strategy and growth highlight shifting tides in the DeFi sector, as Polygon faces ongoing challenges.