This New Altcoin, Priced at Just $0.01, Could 100x Your Investment Experts Explain
Mutuum Finance (MUTM), a new altcoin currently in presale, is priced at $0.01 and has raised over $1 million, with 97% of Phase 1 tokens sold. The project aims to create a decentralized lending platform where users can borrow and lend crypto assets. As Phase 1 ends, the price will increase to $0.015, and the eventual launch price is set at $0.06. The platform offers peer-to-contract and peer-to-peer lending options. It also features an overcollateralized stablecoin and a buy-and-distribute mechanism designed to support the token's value. Experts suggest the token has the potential to increase 100x in value due to its real-world use cases, passive income opportunities, and mechanisms designed to create buying pressure. A hypothetical $600 investment at $0.01 would be worth $60,000 if the token price reaches $1.