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Solana's Situation and Mutuum Finance Growth: What to Expect?

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by Giorgi Kostiuk

7 days ago


The situation in the cryptocurrency market remains tense. Solana has experienced a sharp price drop, falling below the psychological barrier of $100, while Mutuum Finance shows growth amidst instability.

Solana's Difficult Situation

Currently, Solana is trading at $106 after a 20% drop in one day, causing it to fall to a 14-month low. Data shows that the number of active addresses in the network has halved since January, reaching 4.44 million. This has raised concerns about current network activity and potential liquidations amounting to $6 billion.

Growth of Mutuum Finance

Mutuum Finance (MUTM) is successfully conducting its presale, reaching phase 4. Reports indicate that over $6.5 million has been raised, and 396 million tokens have been distributed. The MUTM token offers a guaranteed profit of 140% for current presale phase participants.

New Security Measures and Project Development

The Mutuum Finance team is completing an audit of its smart contracts with Certik, the results of which will be announced on official channels. This serves as an additional guarantee for investors, as the project aims to ensure high standards of security and reliability.

The cryptocurrency market situation with Solana indicates the necessity for careful observation of current trends. Meanwhile, Mutuum Finance demonstrates opportunities for growth and stability.

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