Which is the next big crypto to follow ETH as Ethereum surges past $4,700?

Which is the next big crypto to follow ETH as Ethereum surges past $4,700?Ethereum is surging powerfully past $4,700 today. This significant price action reflects immense investor confidence. Network activity has reached unprecedented levels, signaling robust ecosystem demand

Consequently, traders are actively searching for the next big crypto poised for substantial growth. Several altcoins are capturing attention within this dynamic crypto market

Among them, Mutuum Finance (MUTM) presents a compelling opportunity during its ongoing presale.

Ethereum demonstrates strong momentum

Ethereum continues exhibiting remarkable strength. Its price has increased by 2.3% over the past 24 hours. Network activity is hitting historic peaks with nearly 1.875 million daily transactions recorded. This demonstrates significant demand for Ethereum’s capabilities

Furthermore, institutional interest remains high; spot ETH ETFs recently attracted $1 billion in single-day inflows. Standard Chartered analysts have consequently raised their year-end price target dramatically to $7,500

Technical analysis shows that Ethereum is reaching a major resistance level of between 4750 and 4800. A successful breach could propel it towards the coveted $5,000 milestone. This positive momentum creates fertile ground for emerging altcoins.

Mutuum Finance showcases robust security

Mutuum Finance (MUTM) prioritizes security and trust. The project successfully finalized its CertiK smart contract audit, achieving an exceptional 95.00 security score. This indicates a highly secure and resilient protocol design

Moreover, Mutuum Finance has proactively launched an official Bug Bounty Program in collaboration with CertiK. A substantial $50,000 USDT reward pool incentivizes security researchers. Rewards are allocated across four tiers: critical, major, minor, and low severity findings

Furthermore, the team introduced a holder dashboard featuring a leaderboard. The top 50 holders actively receive bonus token rewards for maintaining their positions.

## Mutuum presale achieves rapid momentum

The Mutuum Finance (MUTM) presale is achieving remarkable success. Phase 6 is currently underway, offering tokens at $0.035 each. This represents a significant 250% increase from the opening phase price of $0.01

Momentum is undeniable as over $14,450,000 has been raised since the presale commenced. More than 675 million tokens have already been purchased. Total MUTM holders now exceed 15,250 participants

Further, Phase 6 is selling out rapidly, meaning the chance to acquire tokens at $0.035 is ending soon. Subsequently, Phase 7 will open with a 14.3% price increase to $0.04 per token

Mutuum Finance (MUTM) will launch officially at $0.06. Early participants securing tokens now can anticipate substantial returns post-launch, potentially reaching 400% based on current projections extending towards $1-$2 valuations.

Major giveaway fuels community excitement

Mutuum Finance is energizing its community with a significant giveaway. The team is awarding a total of $100,000 in MUTM tokens. Ten fortunate winners will each receive $10,000

Participation requires three simple steps: Firstly, submit a valid wallet address for receiving potential winnings. Secondly, complete all designated quests meticulously

Thirdly, confirm eligibility by investing a minimum of $50 in the Mutuum Finance presale. This initiative boosts engagement significantly. It highlights the project’s commitment to its growing supporter base.

Mutuum Finance delivers tangible utility

Mutuum Finance (MUTM) delivers genuine utility within decentralized finance. The project is developing a dual-lending platform integrating Peer-to-Contract (P2C) and Peer-to-Peer (P2P) models. This structure aims to optimize capital efficiency for lenders and borrowers.

Users will interact directly with secure smart contracts, eliminating intermediaries. An innovative overcollateralized stablecoin system will be introduced. Crucially, this stablecoin mints only upon loan issuance and burns upon repayment. This mechanism maintains its $1 peg effectively

Operating on a Layer-2 network ensures drastically reduced gas fees and faster transactions. This enhances accessibility and user experience considerably. The fixed supply of 4 billion MUTM tokens supports long-term value appreciation

Token demand is intrinsically linked to platform usage and revenue generation.

Identifying the genuine opportunity

Ethereum’s impressive surge beyond $4,700 underscores the crypto market’s vitality. Identifying the next big crypto requires careful evaluation of fundamentals and momentum

Mutuum Finance (MUTM) demonstrates strong potential through its successful presale, advanced security protocols, and clear utility. Its efficient Layer-2 framework and unique lending solutions address key DeFi challenges

With Phase 6 progressing swiftly and the price set to rise again soon, immediate action is prudent. Review the Mutuum Finance (MUTM) project details. Consider participating before the next presale phase begins.

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

Website:

Linktree:

The post Which is the next big crypto to follow ETH as Ethereum surges past $4,700? appeared first on Invezz

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