Since it reached a new all-time high in March 2024, Bitcoin (BTC) has continued to break through new barriers. However, the same cannot be said of other altcoins, with many having stalled after they peaked back in 2021.

According to former Binance CEO, CZ, many altcoins will never achieve new peaks. According to CZ, the reason why Bitcoin (BTC) has performed so well in recent months is due to growing institutional adoption. For most other altcoins, that remains a dream. The former head of Binance believes that utility will continue to be the main source of growth in the crypto sector.

CZ added that he believes the crypto market is primed for a new altcoin season, which could be driven by institutional adoption as well. He pointed to the numerous filings for altcoin ETFs, which have yet to be approved by the SEC.

Analyzing this forecast by CZ, it is quite clear that the coming altcoin season will be driven by meme hype but by real utility. One project that has already attracted the attention of the masses due to its utility-based design is Mutuum Finance (MUTM). The project, which is currently in its presale phase, is forecast to be one of the biggest gainers of the upcoming altcoin season.

A major reason for this optimism is the protocol design, which will deliver continuous, long-term gains for investors. Reeling from the dismal performance of meme coins in recent weeks, many investors are viewing Mutuum Finance (MUTM) as their second chance to make massive gains in the crypto sector.

THE MUTM Token Presale

Mutuum Finance (MUTM) is currently in phase 5 of the presale, where it has raised over $11.2 million from around 12,450 unique buyers. Tokens in the current phase of the presale are going for $0.03, a 20% increase from the phase 4 price of $0.025.

The token price will keep rising until the final listing price of $0.06. These gradual increases are designed to ensure that the earliest supporters of the presale get the biggest returns. For instance, buyers in the current phase of the presale are getting their tokens at a huge 50% discount. If you capitalize on this opportunity, you could make some of your biggest gains in the crypto sector in 2025.

However, this opportunity will not be around forever. So far, 50% of the tokens set aside for phase 5 of the presale have been sold out, less than a month after they launched. In the upcoming phase 6 of the presale, the token price will go up 16.67% to $0.035, wiping out the 50% discount.

Another important factor driving the presale is the optimistic forecasts by analysts. According to their latest projections, the price of MUTM tokens could rise by 2,700% when the tokens go live. Based on that forecast, a $1,600 investment in the presale today could grow to over $43,000.

The Protocol Design

Mutuum Finance (MUTM) is a decentralized non-custodial DeFi protocol where users can participate as lenders, borrowers, or liquidators. Lenders on the platform deposit their assets in collective pools for the chance to earn interest. Borrowers can deposit overcollateralized collateral for the opportunity to access the assets in the collective pools.

The interest rates in the pool for both borrowers and lenders are determined by the pool utilization rate. As the portion of assets being actively borrowed rises compared to the total size of the pool, the interest rate rises. That gets borrowers to repay their loans, while it attracts new lenders looking for higher yields. This system is designed to ensure optimal capital efficiency.

To ensure that liquidity on the protocol is protected, the team plans to launch an asset screening program. In this program, assets will be carefully screened to ensure that they meet certain levels of liquidity, volatility, and decentralization. As a result, this will minimize the challenge posed to the protocol’s solvency.

The Mutuum Finance (MUTM) CertiK Partnership

Security is a top priority for the Mutuum Finance (MUTM) team, and they have taken various measures to ensure that users of the protocol are always protected. Their first step was to get a CertiK audit early in the life of the project. They successfully passed the audit, receiving a token Scan Score of 95.

Recently, they have taken things a notch higher, launching a Bug bounty Program with a total prize of $50,000 in concert with CertiK. The program will be split into four tiers, which are critical, major, minor, and low.

Prizes will be awarded to experts, developers, and others in the security community based on the ranking of the severity of the vulnerability they identify. The goal is to create a lasting partnership with the global security community, ensuring the continuous monitoring and upgrade of the protocol and other aspects of the project when needed.

With a 50% discount available in the ongoing presale, MUTM tokens could be one of your best investments in the crypto market.

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

Website: https://www.mutuum.com/

Linktree: https://linktr.ee/mutuumfinance