Ethereum hits $3,100, but 75% of this $0.03 altcoin is gone — next price jump near
2025-07-16 11:43:19
Main Idea
Ethereum (ETH) surpassed $3,100, showing strong institutional demand, while Mutuum Finance (MUTM) presale gains momentum with 75% of Phase 5 tokens sold at $0.03, targeting a price increase to $0.035.
Key Points
1. Ethereum (ETH) broke past $3,100, reaching $3,115.62 with a 17.99% weekly surge, supported by institutional demand and a cup-and-handle breakout.
2. BlackRock’s ETHA holds 2M ETH, and 29.39% of ETH supply is staked, indicating robust institutional interest.
3. Mutuum Finance (MUTM) has raised over $12.35 million in its presale, with 75% of Phase 5 tokens sold at $0.03, targeting a price jump to $0.035.
4. Mutuum Finance (MUTM) plans to introduce a decentralized lending platform combining P2C and P2P models, offering variable interest and custom loan agreements.
5. The project has a Token Scan score of 95.00 and a Skynet score of 77.50, with a $100,000 MUTM giveaway to celebrate its Beta platform launch.
Description
DeFi tokens like AAVE (+8%) and UNI (+7%) gain from Ethereum (ETH)’s $64B TVL surge. Meme coins like SHIB and DOGE may lag as funds favor fundamentals. However, US-BRICS trade tensions could cap gains, risking volatility if ETH corrects to $2,900. Mutuum Finance (MUTM) Ethereum (ETH) just crossed the $3,100 mark, sending a strong signal that bullish momentum has returned to the crypto markets. As investors prepare for the next leg of this altcoin season, many are now turning to rising DeFi proje...
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