Could This Early DeFi at $0.035 Outshine Meme Coins as Pepe Plummets 15.8% and Shiba Inu Volume Spikes?
Main Idea
The article discusses the decline of meme coins like Pepe (PEPE) and Shiba Inu (SHIB) and highlights the rise of Mutuum Finance (MUTM), a decentralized lending platform, as a utility-driven alternative gaining traction in its presale phase.
Key Points
1. Pepe (PEPE) dropped 15.8% in a week, trading at ~$0.00001052, with a 37.58% decline in trading volume, signaling waning meme coin enthusiasm.
2. Shiba Inu (SHIB) saw a 164% surge in trading volume to $227.7 million, despite a 14% weekly dip, driven by a 2,753% spike in burn rate.
3. Mutuum Finance (MUTM) is an emerging decentralized lending platform offering tangible returns through token staking and real APY, contrasting with hype-driven meme coins.
4. MUTM's presale is in Phase 6, priced at $0.035, with over 10% of its 170 million Phase 6 allocation sold and $13.9 million raised, with Phase 7 set at a 15% increase to $0.040.
5. Mutuum Finance (MUTM) is developing two lending models: Peer-to-Contract (P2C) and Peer-to-Peer (P2P), focusing on real use cases and platform usage to support token value.
Description
The meme coin craze is showing signs of exhaustion. Pepe (PEPE) has dropped 15.8% this week, while Shiba Inu (SHIB) has seen a sharp spike in volume—often an early warning signal of heightened volatility and short-term profit-taking. For many traders who once banked on these speculative tokens, the ride is becoming unsustainable. As a result, attention is now turning toward real DeFi projects offering tangible returns and structured mechanisms. One of the standout names capturing that shift is M...
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