The recent rise in Shiba Inu’s (SHIB) burn rate and the success of Mutuum Finance in DeFi have captured investor attention. This article discusses key developments in these areas.
Shiba Inu Price Outlook: Rising Burn Rate
Shiba Inu (SHIB) is currently trading around $0.000013, following a significant increase in its burn rate, which saw over 1 billion tokens burned within 24 hours. This burning has surged by over 2000% this week, fueling speculation that SHIB could rise towards the $0.000025 mark as investor interest revives.
Ongoing Investor Interest in Mutuum Finance
Over $12.4 million has been raised, and more than 13,400 investors have invested in Mutuum Finance (MUTM) during its presale. Investor confidence in the project is growing during its early stages, with the token priced at $0.03 before an anticipated 16.67% increase in the next phase.
Mutuum’s Dual Lending Model and Security Audit
Mutuum Finance features a dual-sided lending platform catering to active and passive DeFi users. The project has passed a CertiK audit with a high trust score and has initiated a $50,000 bug bounty program to enhance the platform's security.
Shiba Inu shows growth due to active token burning, while Mutuum Finance attracts attention with its lending model and increasing presale, highlighting the importance of both meme coins and projects with sustainable long-term value.
