The Cryptomarkt recently entered a period of increased volatility, with the price of Bitcoin (BTC) that $ 105k and $ 100k oscillate. In the midst of this volatility in the crypto, it can be a perfect opportunity to protect your crypto investments pending the next Bullrun.
There are numerous possibilities in the cryptomarket, with some who can yield 10x profits. Here is a full list of crypto projects that you should look at seriously.
Solana (SOL)
Solana (SOL) is a project that went live in 2020. One of the most important benefits is the ability to support many transactions per second. For the first time conceptualized in 2017, it came to life almost 3 years later. Since then it has become popular with Meme coins.
One of the most important disadvantages is the many network failure that the network has plagued. Although the problem is not present now, there is no certainty that there will never be another network failure. Such a malfunction can come for a SOL holder at a crucial moment, which means they miss massive benefits with a crypto exchange. As such, it is not the best for a trader who wants to benefit from the rapid pace of the cryptomarket and changes his minute.
The other problem is that SOL is strongly centralized. So far, many of the tokens have been in the hands of a small group, which is a concern for the proponents of decentralization.
Ripple (XRP)
XRP is the account unit on the Ripple Payment Network. It has been in the news many times because of the constant legal challenges of the SEC. Ripple (XRP) is built as a faster alternative to the Swift Global Money Transaction Network.
Although XRP has seen some meaningful profits in recent weeks as a result of a partial resolution with the SEC, critics indicate that the coin is very centralized. Ripple Labs, behind XRP, still arranges a huge stock of XRP, which they occasionally release publicly.
Since the company is a private organization with profit, it is likely that these releases are time to benefit their shareholders, and not the public. Consequently, XRP traders are at the mercy of private capital, which is the antithesis for the decentralization of blockchain in Blockchain.
Mutuum finance (Mutm)
The Mutuum finance (Mutm) Project has all the characteristics of a project that is built for success. So far it has a supporters of more than 20k followers on all its social media platforms, an impressive number for a project that is still in the early stages of development. This enormous basis of early supporters will be crucial to bring mutual financing (Mutm) to the next level of viral fame.
Protocol design
The Mutuum financing protocol (MUTM) is a decentralized non-guardianship protocol in which lenders and borrowers can interact freely. On the protocol, lenders offer liquidity and earn interest from their assets. The interest they earn from their assets is determined by the use of pole use.
To ensure that it attracts important liquidity, which includes valuable assets such as stablecoins and crypto coins with large market caps, it will lead a liquidity wage program. By concentrating his resources on these valuable assets, it will ensure that the yield rewards optimize without weakening the broader token economy.
Another unique feature of Mutuum Finance (Mutm) is the Stablecoin design. Users can make multi-asset positions on the protocol, whereby a basket with assets includes a single loan, rather than safes with one assets. This process is expected to simplify the process of Minting Stablecoins.
To maintain a PEG for the US dollar, the protocol will use an arbitration system that offers a stable, passive income to those who stabilize the price.
As soon as it goes live, the team is planning to launch Multi-ASCET support, which will ensure that as many people as possible have access to the platform.
Mutm token presale roars ahead
The continuous Mutuum Finance (Mutm) presale has so far collected a huge amount of capital, making it easy to roll out as many functions as possible. So far it has collected more than $ 10.3 million and it continues to grow.
The presale is currently in phase 5, where more than 30% of the tokens has already been sold before the phase has already been sold. The tokens currently goes for $ 0.03, an increase of 20% compared to the previous phase of $ 0.025. In the coming phase of presale, the token price will increase by 16.67% to $ 0.035.
Analysts are optimistic about the future of Mutm tokens, which means they have a growth ear of 2,455%. As such, even an investment of $ 350 could grow today to more than $ 8,500 when the tokens go live.
Mutuum Finance (Mutm offers the best chance to grow your crypto portfolio to the Moon. With a dedicated developer community and mass support of the community, the current success of the presale is a sign of larger things that come.
Visit the links below for more information about Mutuum Finance (Mutm):
Credit : coinpedia.org
