Mutuum Rises, Shiba Stagnates: DeFi New Defender Rises

Shiba Inu (SHIB) is still under pressure at $0.00001239, and has failed to break through the $0.000020 resistance level driven by a decline in investor interest and bearish momentum. Key support is at $0.000012, but insufficient demand could lead to further consolidation or decline. Meanwhile, Mutuum Finance (MUTM) gained attention, with a price of $0.035 in Phase 6, which has raised more than $15.5 million and has held more than 16,150 holders. Prices are expected to rise by 14.3% by the seventh stage. MUTM emphasizes security through the $50,000 CertiK vulnerability bounty program and uses Chainlink oracles to accurately price. Its risk management includes loan-to-value ratio (LTV) and reserve ratio (10%-35%), while developing over-solidated stablecoins on Ethereum.