Amid ongoing uncertainties for Ethereum, traders warn the asset could drop to $2,529 in the next few weeks, with a further slide to $2,258 if buyers fail to maintain support. Meanwhile, a rapidly growing alternative—Mutuum Finance (MUTM)—has captured significant attention by surpassing $1 million in funding just days into its opening presale phase. With tokens priced at $0.01 and more than 1,870 participants already on board, the project is nearing a 50% price hike to $0.015 as Phase 2 begins.
Ethereum’s Deepening Correction
Ethereum’s inability to push past $4,000 set the stage for a retracement, closing multiple times below the critical $3,035 support. According to analyst Altcoin Sherpa, $2,529 is the next major defense area, a level untouched since early 2025. A failure to hold there may send ETH toward $2,258, effectively wiping out gains from its Q1 surge.
Additional on-chain metrics reinforce concern. Large transactions over $100k have plummeted from 6,416 to 3,711 per day since February. Even Ethereum’s pending Pectra upgrade—featuring EIP-7702 for compatibility and EIP-7271 to raise validator capacity—has not calmed investor nerves. Spot Ethereum ETFs in the U.S. recorded $26 million in outflows last week, signaling a cautious stance by deep-pocketed traders.
Mutuum Finance’s Lending Protocol Fuels Growing Interest
While Ethereum grapples with a potential downturn, Mutuum Finance (MUTM) is making waves as a fresh DeFi contender. Its hybrid peer-to-contract (P2C) and peer-to-peer (P2P) lending models allow users to either supply assets like USDT for passive income or borrow by placing crypto as collateral—perfect for holders who want liquidity but also wish to retain potential long-term gains.
Phase 1 presale buyers are positioning themselves just ahead of Mutuum’s beta platform release, timed to coincide with the token’s first exchange listing. Once live, the platform will levy fees to buy MUTM from the open market, returning those tokens to stakers—creating an ongoing cycle of demand. Further underlining its promise is a stablecoin backed by on-chain reserves, which should help stabilize the ecosystem and amplify usage.
Mutuum Finance (MUTM) seems to be the token of choice among yield-focused investors, raising over $1 million in its initial presale phase, with 90% of the allocation quickly claimed by 1,873 holders. Priced at $0.01, participants are guaranteed a 600% increase at launch when MUTM hits $0.06. Some analysts also point to a 100x climb to $1 in 2025, powered by the project’s decentralized lending platform and stablecoin integration.
Time is especially pressing for prospective buyers. Phase 1 is 94% sold, and tokens purchased at $0.01 come with substantial upside. The project is also running a $100,000 giveaway—split among 10 winners—designed to expand community involvement and reward early commitment. Enthusiasm is high, as shown by a busy Telegram group and Twitter feeds brimming with updates.
Ethereum’s downturn might push traders to seek opportunities elsewhere. Mutuum Finance (MUTM), boasting structured tokenomics, an incoming beta platform, and the potential for sixfold gains at launch (and possibly a 100x leap later), stands out in the current market environment. With Phase 1 quickly nearing completion, the chance to purchase tokens at $0.01 grows more limited by the day.
Those interested in learning more about the presale can head over to the Mutuum Finance official website. For fast-paced DeFi markets, early involvement often leads to the biggest rewards—and with Ethereum’s price trajectory uncertain, MUTM could provide a viable alternative promising outsized returns.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuum.finance/
Linktree: https://linktr.ee/mutuumfinance
