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Ripple (XRP) continues to hover in a tight range, with price action stuck well below the key $2.50 mark, a level not seen since its all-time high.

Despite positive legal momentum and gradual adoption, XRP remains in what analysts are calling technical limbo, with no strong signal of breakout or breakdown in sight.

But while XRP moves sideways, a lesser-known project is quietly gaining ground. 

Mutuum Finance (MUTM) is quickly emerging as a potential standout in the current cycle.

Mutuum Finance, which cost only $0.03 in its presale, has already risen 200%, making it one of the hottest new crypto tokens this quarter.

The project has already acquired over 12,400 investors who have chipped in $11.1 million while the presale is ongoing.

Investors participating in the Mutuum Finance Phase 5 presale will enjoy a 100% return on investment when it goes live at $0.06.

As traders look beyond legacy tokens for higher short-term potential, Mutuum Finance could be one of the top cryptocurrencies to invest in before Q4, especially for those asking what crypto to buy now in a consolidating market.

XRP is trading at $2.14 forming a triangular consolidation between the significant points of between $1.79 and $2.34, a factor that indicates that there is no tech area to regard the token.

Analyst Michael XBT, who correctly forecasted a rally in XRP before, comments that this trend has developed within a few months and a definite breakout, in either direction towards about $2.34 or down towards less than $1.80, might determine the next trend. 

Still, other bearish indicators are in place such as a slight downtrend with crypto sentiment being cautious in the broader macro-related concerns.

On total, the current situation of XRP is technical limbo slightly under the level of $2.50, as the possible movement would be either influenced by the volume-based breakout or breakdown.

In the meantime, there is also a spike of interest in new altcoins, such as Mutuum Finance (MUTM).

Mutuum Finance (MUTM) is revolutionizing a new generation lending platform where users retain full ownership of their assets and passively diversify to optimize the earning potential using a flexible safe system.

The system is an effective dual-lending system that combines the Peer-to-Contract (P2C) and Peer-to-Peer (P2P) models.

The P2C model uses a smart contract to control lending pools whose interest rates are floating.

The system is made responsive to real-time market conditions, a factor that makes returns to lenders more certain and borrowers financially sound.

In the meantime, there are also the like of the P2P model which completely excludes middlemen and allows the user to agree on terms among themselves.

That sort of setup of direct lending is particularly helpful with less stable assets such as those of meme coins since flexibility and control take priority there.

Mutuum Finance’s (MUTM) presale became a record by raising over $11.1 million, attracting over 12,400 token holders.

It is currently on Phase 5 investor confidence continues to grow as the platform distinguishes itself from short-term meme coins.

In yet another step to further build its ecosystem Mutuum Finance is soon to launch a fully collateralized USD-pegged stablecoin on the Ethereum network.

Contrary to algorithmic stablecoins which have been challenged by price stability problems Mutuum Finance’s stablecoin is to be backed by real assets.

The platform has also undergone a security audit by CertiK one of the most known names in blockchain security.

XRP is stuck below $2.50 with no clear breakout, while Mutuum Finance (MUTM) is surging.

Priced at $0.03 in Phase 5, MUTM offers 100% ROI at launch.

Over 12,400 investors have pushed funding past $11.1M. With a dual lending model, CertiK audit, and a stablecoin coming, MUTM is built to run.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://mutuum.com/

Linktree: https://linktr.ee/mutuumfinance

The post Ripple price prediction: XRP stuck below $2.50 but this altcoin set to rally appeared first on Invezz

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