ENA surges 10%, eyeing breakout above $0.68 but MUTM could hit $1

Key Points

1. Ethena (ENA) has surged 10%, targeting a breakout above $0.68, supported by a 75% expansion in USDe’s supply and institutional investments like Arthur Hayes’ $1.06 million ENA buy.

2. Mutuum Finance (MUTM) is in presale phase 6, raising $14.1 million with over 665 million tokens sold; phase 7 will increase the price by 14.3% to $0.04.

3. Mutuum Finance (MUTM) offers a guaranteed 71% return at launch, with analysts predicting it could reach $3.50 post-launch due to its Layer-2 efficiency and DeFi lending model.

4. Mutuum Finance (MUTM) has completed a CertiK audit and launched a $50,000 USDT bug bounty program, alongside a $100,000 MUTM giveaway to incentivize community participation.

5. Mutuum Finance (MUTM) integrates peer-to-contract (P2C) and peer-to-peer (P2P) lending on Layer-2, offering APYs up to 33%, which analysts believe could drive its price to $3.50.