PEPE hype fades as 100x DeFi token nears phase 5 sellout with 20% price hike ahead

Key Points

1. Mutuum Finance (MUTM) has raised $13.5 million in Phase 5 of its presale, with the token priced at $0.03 and only 1% remaining before a 20% price hike to $0.035.

2. The platform focuses on real-world lending and borrowing, allowing users to deposit blue-chip cryptocurrencies to receive mtTokens, which represent their share of the pool and earn rewards.

3. MUTM has passed a CertiK audit with high scores (Token Scan Score of 95 and Skynet Score of 78) and launched a $50,000 bug bounty program to enhance security.

4. A $100,000 giveaway campaign is underway to reward ten winners with $10,000 worth of MUTM tokens each, boosting community engagement.

5. The platform's stablecoin ecosystem allows users to deposit assets like ETH, BTC, or stablecoins to receive 1:1 mtTokens, with rewards funded through open market buybacks.