As anticipation of a crypto bull run builds up steam, Dogecoin (DOGE) and Shiba Inu (SHIB) remain in the limelight, buoyed by their strong communities.
However, Mutuum Finance (MUTM) is proving to be a promising option, with its decentralized lending protocol and simple-to-use narrative picking up steam.
This analysis discusses how the three tokens could provide exciting investment opportunities in the run-up to the next market surge.
Shiba Inu (SHIB)
Shiba Inu was created in 2020 as a meme coin on the Ethereum blockchain.
With the nickname “Dogecoin Killer,” it has a lighthearted brand and is popular with communities.
Over time, new features, including a decentralized exchange platform, have been added to develop it into a more developed ecosystem.
Shiba Inu is a meme-coin and is viewed by some investors as an option for potential gains in anticipation of the next crypto bull run.
Dogecoin (DOGE)
Dogecoin was developed in 2013 as a humorous virtual currency that uses the Shiba Inu dog as its mascot.
It was initially a joke version of other serious virtual currencies, but it has been attracting a lot of attention through social media usage.
It has been attracted to by numerous investors due to its simplicity and the support of an active community.
Others see Dogecoin as an opportunity for prospective gains heading towards the next crypto bull cycle given its wide appeal and historical popular support.
Mutuum Finance (MUTM)
While meme coins like Dogecoin and Shiba Inu are attracting speculative investors, Mutuum Finance (MUTM) is getting popular with its real-world usability and sustainable growth mechanism.
Unlike community hype-backed assets, Mutuum Finance is a decentralized lending protocol where users can earn passive income by supplying liquidity or borrowing funds without compromising their assets.
Mutuum Finance offers two other models of lending:
Peer-to-Contract (P2C): Borrowers deposit their crypto into liquidity pools, and lenders receive yield as borrowers borrow from the pools. Interest rates are determined based on pool utilization to balance demand and supply.
Peer-to-Peer (P2P): There is direct agreement on terms among the lenders and borrowers, giving them customized agreements. It comes in handy, especially for riskier assets such as meme coins, since they are kept outside of the larger lending pools.
By creating diverse lending and borrowing opportunities, Mutuum Finance offers a nifty system to suit risk-adverse individuals as well as greater-potential higher-yielding possibilities.
One of the distinguishing aspects of Mutuum Finance is mtTokens, deposits in the protocol’s liquidity pools.
Users are issued mtTokens on a 1:1 basis when they deposit assets, and these increase in value over time as interest is accrued.
As opposed to traditional staking, where users must actively claim rewards, mtTokens appreciate in value passively based on real-time lending activity.
They can even be transferred, sold, or even used as security for loans, and thus are a powerful tool for maximizing the efficiency of capital.
To further support MUTM’s long-term development, Mutuum Finance runs on a buy-and-distribute model.
Part of the platform revenue is used to buy MUTM tokens from the market, generating buying pressure and reducing overall supply.
The bought tokens are distributed to mtToken holders, offering more passive income opportunities to those contributing liquidity to the protocol.
This guarantees steady demand for MUTM and incentivizes long-term contributors.
Mutuum Finance is designed to provide lenders and borrowers with a seamless experience.
Lenders are rewarded yield on their idle funds, with compounding interest over time through the use of APY (Annual Percentage Yield), hence providing them with competitive yields.
Borrowers, on the other hand, can borrow liquidity against their crypto as collateral—allowing them to remain exposed to their assets while capital-raising for new opportunities.
Mutuum Finance has already raised over $2 million in presale, with over 4,000 holders joining in a matter of time.
Now in stage two of the presale, the token is priced at $0.015, and almost 50% of this stage is already sold out.
The third stage will push the price to $0.02, so early investors have time to invest in MUTM at its cheapest price before possible exchange listings create higher demand.
Why consider MUTM before the bull run?
With a robust financial model rooted in lending and borrowing, Mutuum Finance is an alternative from meme coins based on speculation.
Unlike trend-following meme coins, MUTM is a functioning DeFi network that encourages long-term participation.
With increasing investors seeking projects with practical use cases, Mutuum Finance is a token that could see high interest prior to the next market surge.
With the presale going so quickly, securing an early position in MUTM can give one of the best opportunities before its price increase and listing on exchanges.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuum.finance/
Linktree: https://linktr.ee/mutuumfinance
The post Top crypto investments before the bull run: MUTM, DOGE, SHIB appeared first on Invezz
