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Crypto news: XRP falls to 2-week low at $2.93; MUTM eyes 80x rally to $3

2025-08-08 10:56:41

Main Idea

XRP drops to a two-week low of $2.93 amid high selling pressure, while Mutuum Finance (MUTM) gains momentum in its presale with predictions of an 80x rally to $3.

Key Points

1. XRP fell to $2.93 due to high-volume selloffs, with $3.04 acting as a strong resistance level.

2. Mutuum Finance (MUTM) is in Phase 6 of its presale, priced at $0.035 per token, a 250% increase from Phase 1.

3. Phase 7 of MUTM's presale will raise the price to $0.04, with conservative post-launch estimates targeting $3.50 per token.

4. MUTM's utility includes Peer-to-Contract (P2C) and Peer-to-Peer (P2P) mechanisms, enhancing its long-term value proposition.

5. Mutuum Finance is collaborating with CertiK on a Bug Bounty Program and offering a $100,000 MUTM giveaway to incentivize community growth.

Description

Significant trading activity has pushed XRP downwards sharply, establishing a new two-week low near $2.93. Simultaneously, Mutuum Finance (MUTM) is generating substantial presale momentum, with predictions pointing towards an 80-fold surge reaching $3 within the next quarter. This dual narrative highlights contrasting fortunes within the crypto market today. XRP faces immediate technical pressure following a high-volume selloff, while Mutuum Finance (MUTM) attracts significant capital seeking en...

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