The recent price increase of Shiba Inu has captured trader attention, while Mutuum Finance aggressively develops its position in the DeFi sector.
Shiba Inu Price Stabilizes After Increase
Shiba Inu (SHIB) recorded a 20% rise over the past month, reaching around $0.000014 due in part to increased token burning activity. More than 1 billion tokens have been removed from circulation, creating deflationary pressure. However, the price has stabilized at the current level, forming a narrow trading range supported by trader optimism.
Mutuum Finance Presale: Phase 6 Starts
Mutuum Finance has successfully completed its fifth presale phase and launched phase six, where tokens are available at $0.035. The presale has already attracted over 14,600 investors, raising more than $13.7 million, indicating strong market confidence in the future of MUTM.
Innovations of Mutuum Finance in DeFi
Mutuum Finance features a dual-lending model allowing flexibility to meet user needs. The Peer-to-Contract model uses smart contracts to automate the loan issuance process, while Peer-to-Peer connects borrowers and lenders directly. Additionally, the project plans to introduce a dollar-pegged stablecoin, mitigating risks associated with algorithmic currencies.
Interest in Shiba Inu and Mutuum Finance highlights growing trends in crypto investments, where new technologies and assets continue to attract trader and investor attention.
