Investors are currently experiencing contrasting crypto market situations. Well-established players are displaying technical weakness, while new entrants are giving investors the chance to ground floor in new projects. For instance, Solana (SOL) is displaying an ominous death cross pattern and is 44% down from the September peak. Conversely, at more than 10x less than the price of Solana, Mutuum Finance (MUTM) is at an early stage of development and offers a substantially different risk.
Assessing the potential of Mutuum Finance in the presale stage as a crypto to buy shows huge room for growth. Solana, on the other hand, is a more risky investment option as there is a slim chance of its recovery from the current downward trend. Either way, these risk frameworks are critical to defining how to allocate your investments in the next 3 months in cryptocurrency.
The Demand Driven Presale of MUTM Contrasts with Solana’s Technical Trouble
Solana has a death cross formation on its daily chart. A death cross looking like this happens when the 50-day EMA crosses below the 200-day EMA and is a strong indicator of bearish market sentiment. This is troubling for holders of Solana on the daily time frame. Current RSI sits at a stagnant 50 while the ADX continues to spike, suggesting a strong downward trend for Solana with market analysts targeting a price of $125 for the near future. Fundamentally, strong technical breakouts are visible from the snowballing inflow of disruptive ETFs but a hawkish economic backdrop cannot be ignored. Solana holders are still threatened by macro pressures.
In the opposite direction to the continued macro pressures, other assets like Mutuum Finance experience a demand driven narrative with little vulnerabilities. Presale of the project has surpassed $18.8 million with phase 6 presently 90% full at the price of $0.035. This phase has a limited time structure to provide a quickly attainable value for this cheap crypto.
Stablecoin Stability Mitigates Systemic Risk
Stability for Mutuum Finance is solid thanks to their over-collateralized stablecoin. This asset is not for speculation, it’s for stability as an anchor asset within their lending ecosystem, especially considering the SOL collapse. Eliminating the fragility of algorithmic models allows for avoiding the current volatility in the ecosystem, as SOL is losing itself too. A predictable, stable environment allows for ecosystem participants to enjoy stable yield and safely borrow. Whilst Solana’s value whimpers to the forces of market volatility and leverage cycle carnage, MUTM’s design focuses on long-term user security. This thoroughness to risk engineering without compromising the users, makes it the best cryptocurrency, without the noise of risk of other mega cap market participants.
Safeguarding Your Investment While Growing It
When investing, there are different kinds of risks, and right now, investing in Mutuum Finance is less risky than investing in Solana. Solana is currently at $142, and while there is solid growth in usage, there is also a risk of a continued technical breakdown. Mutuum Finance is at $0.035, and has demonstrated presale success, transparent tokenomics, and an active lowering of risks designed into the protocol.
For careful investors, the purchase of MUTM is an entry into optimum, designed for growth. Getting the maximum discount in Mutuum Finance (MUTM) is much better than those aiming for a falling knife in Solana. With the tokens in phase 6 almost sold out, now is the time to get into this project.