Cardano price looks bearish short-term as ADA rival aims to be next crypto to hit $1

Cardano price stumbles, dropping 9% in a week, failing to break the $0.700 barrier. This marks its fourth loss in five days, slipping below the 50-day Moving Average. Meanwhile, Mutuum Finance (MUTM) surges in its presale, raising $10,200,000 with over 535 million tokens sold to 11,700 holders. Positioned as a top crypto to buy now, Mutuum Finance (MUTM) offers a fresh DeFi approach. Its phase 5 presale at $0.03 promises a 100% ROI at launch. As Cardano struggles, Mutuum Finance (MUTM) emerges as a bold contender in the crypto market, eyeing a $1 milestone in 2025. Cardano’s bearish streak persists Cardano price falters, unable to breach $0.700, signaling weak momentum. Crypto charts reveal a 9% weekly decline, with ADA now trading below its 50-day Moving Average. This bearish grip sees Cardano lose its ninth spot to Tron (TRX) on CoinMarketCap. Open interest in ADA contracts rises 2.34% to $399.2 million, offering some support. Yet, primary support at $0.681 looms, with a potential drop to $0.660 if sellers dominate. Crypto prices reflect Cardano’s struggle, overshadowed by Ethereum’s 43% surge and 12.8% DeFi TVL growth. Cardano’s DeFi TVL dips 1.8%, dimming its short-term outlook. Investors now eye alternatives in the crypto market. Mutuum Finance (MUTM) presale surges Mutuum Finance (MUTM) is gaining traction in phase 5 of its 11-phase presale. Priced at $0.03, a 200% rise from the $0.01 opening phase, it offers a low entry point. Phase 6 will see a 16.7% price hike to $0.035, urging investors to act fast. The project guarantees a 100% ROI at its $0.06 launch price. Post-launch, Mutuum Finance (MUTM) could climb to $2.50 in 2025, yielding an 8,233% return. Having raised $10,200,000 with 535 million tokens sold to 11,700 holders, demand soars. Crypto investment in Mutuum Finance (MUTM) reflects confidence in its structured tokenomics. This momentum sets the stage for its innovative DeFi platform. The team recently launched a dashboard showcasing the top 50 holders, rewarding them with bonus tokens for maintaining their rank. This initiative boosts engagement, making Mutuum Finance (MUTM) a standout in crypto investing. Investors see it as a prime crypto to buy now. Dual lending redefines DeFi Mutuum Finance (MUTM) transforms crypto lending with a dual Peer-to-Contract (P2C) and Peer-to-Peer (P2P) model. P2C allows users to deposit stablecoins into smart contract pools, earning passive income through adjustable interest rates. P2P enables direct, intermediary-free transactions, enhancing user control and transparency. This system empowers lenders and borrowers, streamlining DeFi access. Mutuum Finance (MUTM) also prepares to launch an Ethereum-based, USD-pegged stablecoin, backed by overcollateralized assets for stability. Crypto predictions highlight its potential to reshape DeFi, offering scalability via layer-2 integration. This reduces fees and speeds transactions, addressing common crypto market pain points. A beta platform launch alongside listing ensures immediate utility, driving demand for Mutuum Finance (MUTM). The team finalized a Certik audit, scoring 80.00 for security with no vulnerabilities found. Active monitoring and moderate social media engagement bolster transparency, making Mutuum Finance (MUTM) a trusted crypto investment. Investors view it as a top crypto to buy now, blending rewards with robust utility. Race to $1 heats up Cardano price faces short-term hurdles, with bearish signals dominating crypto charts. Mutuum Finance (MUTM) surges ahead, leveraging its presale and DeFi innovation. Its $0.03 phase 5 price, 100% ROI guarantee, and $2.50 post-launch target make it a top crypto to buy now. Unlike Cardano’s slow climb, Mutuum Finance (MUTM) offers immediate value and long-term potential. Investors seeking the next crypto to hit $1 should explore Mutuum Finance (MUTM). For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post Cardano price looks bearish short-term as ADA rival aims to be next crypto to hit $1 appeared first on Invezz