DOGE rises 1.35%: is DOGE the next crypto to explode, or is there a better bet?

Dogecoin (DOGE) has recorded a 1.35% price increase over the past 24 hours.

This gain comes with a substantial 38% increase in trading volume, which is $1.74 billion

Technical indicators like the RSI hovering above 50 suggest potential upward momentum for the popular meme coin

Many crypto investors are now watching closely. Investors wonder if DOGE can sustain this movement or if accumulation will resume.

This activity sparks a key question for crypto investment: where does the best opportunity lie?

Dogecoin current trajectory

Dogecoin’s recent price action offers a familiar pattern. Its value rebounded from an intraday low of IDR 3,280 to a high of IDR 3,466. Increased trading volume typically signals heightened interest

However, DOGE remains heavily influenced by meme culture sentiment. Its long-term value proposition often faces scrutiny compared to projects with defined utility

While the current crypto charts look positive, DOGE’s future depends heavily on broader market trends. Its history shows significant volatility.

Consequently, predicting sustained explosive growth remains challenging. Many analysts view it as a high-risk crypto investment within the volatile altcoin space.

Mutuum Finance presale momentum

Amidst this activity, Mutuum Finance (MUTM) demonstrates strong presale traction.

Phase 6 is currently underway, offering tokens at $0.035. Demand is significant

Over $14,300,000 has been raised since the presale began. More than 670 million MUTM tokens have been sold.

Total MUTM holders now exceed 15,050. This phase is selling out rapidly. Investors seeking entry at this price point must act quickly

The current price represents a 250% increase from the opening phase price of $0.01. Phase 7 will commence next, raising the token price by 14.3% to $0.04. Mutuum Finance (MUTM) will ultimately launch at $0.06

Current Phase 6 participants can therefore anticipate substantial potential returns exceeding 300% upon launch.

##

Mutuum Finance Core Utility

Mutuum Finance (MUTM) is developing a decentralized lending and borrowing platform.

It features a dual-lending model combining Peer-to-Contract (P2C) and Peer-to-Peer (P2P) protocols

The P2C system allows users to tokenize blue-chip assets like BTC and ETH, earning interest. P2P lending facilitates direct agreements between users, often offering higher yields for risk-tolerant lenders.

This structure aims to provide flexible, efficient financial tools

The project prioritizes operating on a Layer-2 network. This integration drastically reduces transaction fees and increases speed.

Consequently, Mutuum Finance (MUTM) becomes more accessible and cost-effective for everyday crypto investing.

Security and community initiatives

Security remains paramount for Mutuum Finance (MUTM). The team successfully finalized a comprehensive Certik audit.

Certik’s audit awarded Mutuum Finance a 95.00 security score

To further bolster security, Mutuum Finance launched its official Bug Bounty Program in partnership with CertiK.

A substantial $50,000 USDT is allocated for rewards

The bounty features four tiers based on vulnerability severity: critical, major, minor, and low. Every level offers a corresponding reward

Additionally, Mutuum Finance is running a major giveaway. A total of $100,000 in MUTM tokens will be distributed.

Ten winners will each receive $10,000. Participation requires submitting a valid wallet address and completing specific quests.

Mutuum Finance holder incentives

Mutuum Finance (MUTM) actively rewards its supportive community. The project recently launched a dedicated dashboard.

This includes a leaderboard ranking the top 50 token holders

Holding a position within the top 50 qualifies investors for bonus token rewards. This initiative encourages long-term holding and participation. It directly benefits the most committed supporters

The leaderboard adds a competitive yet rewarding element to the Mutuum Finance ecosystem.

Evaluating crypto potential

Dogecoin shows short-term price strength. However, Mutuum Finance (MUTM) presents a compelling case grounded in real utility and current momentum. Its presale progress is undeniable

Phase 6 offers a final window before the next price jump. The project’s security credentials via Certik are robust

Early participants stand to gain significantly as the project advances towards launch.

For more information about Mutuum Finance (MUTM), visit the links below:

Website:

Linktree:

The post DOGE rises 1.35%: is DOGE the next crypto to explode, or is there a better bet? appeared first on Invezz

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