Curve DAO (CRV) rockets 79%, will it hold above $1 or will this new crypto challenge it?

Curve DAO (CRV) surged an impressive 79% this week, climbing from a low near $0.60 to challenge the $1 mark at $0.9882.

Trading volume exploded to $848 million in 24 hours, signaling intense activity

This DeFi governance token, powering a massive $2.49 billion ecosystem, now faces a critical test. Can it decisively breach $1 and sustain its rally?

Meanwhile, Mutuum Finance (MUTM) emerges as a serious contender, attracting significant capital during its ongoing presale. Is this new protocol positioned to challenge established players?

Finding the best crypto to buy now requires examining both contenders.

Curve DAO navigates crucial resistance

Curve DAO’s recent ascent broke past stubborn resistance around $0.66-$0.70. Aggressive buying pushed prices towards $1.00, a major psychological barrier

Technical indicators show strong buyer dominance, yet signs of profit-taking appear near these highs. A solid close above $1.00 could propel $CRV towards $1.05

Conversely, failure risks a pullback towards $0.88 support. Curve’s Total Value Locked (TVL) remains robust at $2.49 billion.

Recent upgrades, including a dedicated DAO Treasury and improved cross-chain capabilities via Block Oracle, enhance its infrastructure

Consequently, the token’s future hinges on maintaining momentum above $1 and continued protocol utility.

Mutuum Finance presale gains momentum

Investor attention is shifting towards Mutuum Finance (MUTM). Its presale is currently in Phase 5, priced attractively at $0.03 per token.

This represents a 200% increase from the opening phase price of $0.01

Phase 5 is over 80% filled, meaning this low entry point is ending soon. The project has already secured $12,700,000 in funding

Furthermore, over 620 million MUTM tokens have been sold to 13,600 holders. Phase 6 will see a 16.7% price jump to $0.035. Mutuum Finance (MUTM) plans a launch price of $0.06

Therefore, buying now guarantees a 100% return on investment immediately after listing.

Projections suggest significant post-launch potential, with some analysts forecasting MUTM could reach $0.50

This makes it a notable crypto investment for those seeking growth beyond the presale gains.

## Mutuum Finance security and incentives

Security remains paramount in DeFi. Mutuum Finance successfully completed a rigorous CertiK audit.

This audit awarded a stellar 95.00 security score. Moreover, no security incidents occurred in the past 90 days

To further strengthen security, Mutuum Finance launched a Bug Bounty Program with CertiK.

A substantial $50,000 USDT reward pool incentivizes ethical hackers. Rewards are tiered based on vulnerability severity

Additionally, Mutuum Finance is running a massive $100,000 MUTM token giveaway. Ten lucky winners will each receive $10,000 in MUTM.

Participation requires a minimum $50 investment in the presale

The project also introduced a holder dashboard featuring a leaderboard. The top 50 token holders will earn bonus tokens, rewarding long-term commitment.

Why Mutuum Finance stands out

Mutuum Finance (MUTM) offers tangible utility beyond speculation. Its core is a dual-model lending protocol combining Peer-to-Contract (P2C) and Peer-to-Peer (P2P) systems

The P2C model uses smart contracts for automated, dynamic interest rates. This creates a predictable lending environment. Conversely, the P2P model enables direct agreements between users

Users deposit assets like ETH or stablecoins into liquidity pools. They receive mtTokens representing their deposit and accruing interest.

These mtTokens can be traded or staked

In addition, staking mtTokens allows users to earn passive dividends. Mutuum Finance executes MUTM token buybacks on the open market. These bought tokens are then distributed to safety-module stakers

Furthermore, Mutuum is developing its own native, fully collateralized stablecoin. This will operate on Ethereum, simplifying settlements within its ecosystem

Identifying the best crypto opportunity

Curve DAO (CRV) shows impressive technical strength but faces a decisive battle at $1.00. Its DeFi dominance is clear, yet resistance looms

Mutuum Finance (MUTM), however, presents a unique proposition. Its ongoing Phase 5 presale offers a clear 100% ROI path at launch

For investors seeking projects with defined utility and growth runway, Mutuum Finance (MUTM) represents a compelling crypto investment.

Careful crypto predictions must weigh both established performance and emerging innovation.

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

Website:

Linktree:

The post Curve DAO (CRV) rockets 79%, will it hold above $1 or will this new crypto challenge it? appeared first on Invezz

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