SHIB wipes out half of July’s gains after 16% drop while MUTM sentiment surges
Main Idea
Shiba Inu (SHIB) dropped 16%, erasing half of its July gains, while Mutuum Finance (MUTM) gained traction with a successful presale and strong DeFi fundamentals.
Key Points
1. SHIB fell 16%, wiping out over half of its July gains, highlighting meme-coin volatility.
2. Mutuum Finance (MUTM) raised over $13.9M in its presale, offering a 71.43% ROI for early investors at launch.
3. MUTM's Phase 6 presale is priced at $0.035, with the next phase increasing to $0.04 and a launch price of $0.06.
4. MUTM introduced a $50K bug bounty program and a $100K giveaway to enhance security and attract investors.
5. MUTM's DeFi lending model includes Peer-to-Contract and Peer-to-Peer frameworks for greater flexibility and efficiency.
Description
In a month marked by sharp reversals and shifting investor sentiment, Shiba Inu (SHIB) has surrendered over half of its July gains following a steep 16% price drop, underscoring the volatility gripping meme-driven assets. Meanwhile, in stark contrast, Mutuum Finance (MUTM) is capturing market attention with a surge in investor confidence and rising engagement in its presale. Priced at $0.035, this emerging DeFi project has captured trader interest. Investors who join the presale now in phase 6 a...
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