AVAX up 11.8% to $24.46; analysts pick DeFi token to beat it in ROI

Key Points

1. Avalanche (AVAX) rose 11.8% to $24.46, outperforming the broader crypto market, fueled by a $250 million RWA tokenization initiative and Visa’s USDC/PYUSD integration.

2. Mutuum Finance (MUTM) is a Layer-2 DeFi protocol offering two lending models (P2C and P2P) with dynamic rates and collateral options, aiming to provide higher returns than AVAX.

3. MUTM’s presale has raised over $14.4 million, with early investors seeing gains up to 133% in Phase 6, and a projected 300% ROI at its $0.06 listing price.

4. The project has undergone a CertiK audit with high security scores and offers a $50,000 bug bounty program, enhancing its credibility.

5. Planned listings on major exchanges like Binance, KuCoin, and MEXC are expected to boost MUTM’s liquidity and accessibility.