Dogecoin has been shedding value again, slipping over 5% in recent trading. The cryptocurrency has fallen below $0.2620 and is currently trading around $0.250, raising new concerns of a more significant crypto meltdown. Technical indicators support the pessimistic perspective by confirming a negative trendline at $0.2550.
If DOGE fails to hold above the $0.2450 level, analysts warn it could dip toward $0.2320 or even lower. This correction is part of a wider shift across crypto prices today, sparking questions on what crypto to buy now.
Dogecoin Price Facing Pressure
Dogecoin has already closed under $0.2720, mimicking weakness in Bitcoin and Ethereum. The token slid past $0.2620 and $0.2550 supports before touching $0.2451. Since then, it has been consolidating but still trades beneath the 100-hourly moving average.
Resistance remains heavy near $0.2520 and then at $0.2720. Unless a breakout occurs above those levels, downward movement could resume. Major support sits at $0.2250, and a break beneath it may send DOGE sliding toward $0.2120.
Therefore, short-term investors remain cautious. Consequently, many are now exploring alternative crypto coins with more upside potential.
Mutuum Finance Phase 6 Presale
Mutuum Finance (MUTM) is emerging as one of the best cryptos to buy now. The project is currently in Phase 6 of its presale, which is 45% filled and moving quickly. Since the presale began, $16,200,000 has been raised, and the token has gained 16,520 holders.
The current price in this phase is $0.035, which is a 250% rise from the opening phase price of $0.01. Phase 6 is selling out fast, and once it closes, Phase 7 will open at $0.04, reflecting a 14.3% price hike. At launch, MUTM will be listed at $0.06, and buyers at today’s level stand to see a return of around 380%.
Moreover, Mutuum Finance has recently finalized its Certik audit, achieving a robust 90/100 token score. The team has also rolled out a Bug Bounty Program with $50,000 USDT set aside, rewarding discoveries from critical to low-level vulnerabilities.
Mutuum Finance Borrowing Model
The platform is building a decentralized borrowing-and-lending system that puts control back in the hands of token holders. The borrow interest rate is tied to the utilization rate, ensuring capital remains actively deployed while protecting liquidity.
Borrowers benefit from reduced interest rates to promote activity when loan supply is strong. Rates increase during periods of shortage in order to balance inflows and repayments. Furthermore, holdings are protected by overcollateralization, which has liquidation procedures in place in case collateral drops too precipitously. The goals of these structures are to safeguard all users and preserve solvency.
Consequently, this strategy appeals to borrowers wanting steady access to money as well as lenders seeking yield. For instance, a long-term ETH holder can borrow stablecoins and yet be exposed to the price rise of ETH. Unlike meme currencies like Dogecoin, which depend more on hype than on long-term functioning, MUTM has a real-world use case.
MUTM Giveaway and Community Growth
Adding to the excitement, Mutuum Finance has launched its largest giveaway yet. The campaign is allocating $100,000 worth of MUTM across ten winners, each pocketing $10,000. Entry requires a minimum investment of $50 in the presale alongside meeting eligibility steps.
Such community initiatives are increasing interest, while growing the holder base beyond 16,000 in record time. This surge demonstrates that investing in crypto projects with solid fundamentals is gaining preference over speculative coins.
Is This the Best Crypto to Buy Now
Dogecoin’s current drop illustrates the fragility of meme-driven tokens during market uncertainty. On the other hand, Mutuum Finance combines growth potential with strong mechanics, making it a candidate for the best cryptocurrency to invest in during 2025.
Investors are seeing the chance to acquire MUTM at discounted presale prices before a confirmed launch at $0.06. Those entering in Phase 6 could lock in attractive returns, while benefiting from the security and structured design of the platform.
Dogecoin (DOGE) drops over 5%, but opportunities still exist in new crypto projects with utility. Mutuum Finance (MUTM) is presenting itself as the best crypto to buy now, thanks to its ongoing presale momentum, robust security, and lending utility. Interested investors should act before Phase 6 sells out.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Source: https://finbold.com/dogecoin-doge-drops-over-5-is-this-the-start-of-a-bigger-crash-and-what-is-the-best-crypto-to-buy/
