Recent events in the cryptocurrency market have shown that Shiba Inu (SHIB) is once again facing difficulties, causing investors to question its long-term viability. Meanwhile, attention is shifting to a new DeFi project — Mutuum Finance.
Current Situation of Shiba Inu (SHIB)
Shiba Inu is currently trading around $0.0000142, down about 8% since late July, as the hype around this meme coin fades. Technical conditions are looking increasingly fragile: trading volumes are decreasing, and the RSI is approaching neutral levels, raising the risk of further retracement towards $0.0000126 — $0.0000130.
Active Phase of Mutuum Finance Presale
Mutuum Finance has already sold out presale phase 5 in record time and launched phase 6 with tokens priced at $0.035. The next price adjustment will raise it by 14.29% to $0.04, allowing early participants to potentially gain a 71.43% return when it launches at $0.06. The presale has already attracted over 14,800 investors and has raised more than $13.9 million.
Innovations and Security at Mutuum Finance
Mutuum Finance aims to introduce a stablecoin pegged to the US dollar on the Ethereum blockchain, ensuring a secure investment. The project is audited by Certik with a 95% trust score, affirming its adherence to industry security standards. Moreover, Mutuum Finance has launched a Bug Bounty Program valued at $50,000 to identify vulnerabilities.
Therefore, investor attention is gradually shifting from Shiba Inu to new projects like Mutuum Finance, which demonstrate more stable growth and innovative approaches to security in DeFi.
