Ripple Price Forecast: Can XRP Touch $3 Amid Rising Interest For This Cheapest Crypto To Buy

The price of XRP is currently range-bound around $2. Every time it attempts to move further up, it faces yet another wall of selling. Traders are now left wondering if it can again break the $3 barrier. The chart shows that it is trending in a downward channel.  Flows from new ETFs and the rise of stablecoins on the XRP Ledger have made little difference. Clearly, it has a large issue here. There are no new mechanisms for making money for investors.

However, a new cryptocurrency named Mutuum Finance (MUTM) is also making the rounds. It only costs $0.04 and is termed as the cheapest cryptocurrency that has profit-making abilities. It provides something that XRP cannot offer, an easy way for small investors to get massive gains.

Why XRP’s Route to $3 Appears Challenging

There is a considerable level of resistance in XRP. It has been consistently beaten back down each time it attempted to rally past $2.41. Data on ETF transactions revealed cash outflows coupled with a negative market sentiment as well. XRP has also been under the influence of the descending channel for many months now.

The XRP token is speculative in nature since it is based on market hype. In addition, it is not possible to make any DeFi yields, so it is dependent on the buying and selling of traders when it comes to its prices. Thus, this progress can slow down and is uncertain in nature. For those looking for the best cryptocurrency to buy now, XRP may not be the best choice.

Mutuum Finance Presale

Mutuum Finance is currently in Phase 7 of its presale. The cost of the coin is $0.04. This is as low as it is ever going to go, rewarding investors who buy early. The price will rise for the next phase, which will cost $0.045, while the market launch price of the coin is $0.06. This will give existing investors an immediate upside before market momentum launches the token higher.  A return of 45x can be expected, according to some analysts. Think of investing $1,000 now. It can increase to $45,000 if this project becomes successful. 

There’s also a leaderboard system in the presale. The largest buyer every day wins a $500 bonus in the presale token, while a big giveaway of $100,000 will reward 10 people with $10,000.

Over-Collateralized Loans Safeguard Your Funds

Another great feature offered by Mutuum Finance is that it is an overcollateralized loan service. This ensures the safety and security of lenders. If, for example, an individual wishes to borrow funds to the value of $5,000, they are supposed to pledge collateral with $7,500. The flip side is that the collateral can still benefit in value if the market conditions improve. If, for example, the collateral was in ETH and the price of ETH doubles, then it will be worth $15,000.

As for the lenders, it reduces risk. It makes it safe to lend without worrying about defaulters. Assume that you’re lending $10,000 with an annual interest rate of $15%. It means that your initial investment is safe in addition to earning $1500 yield. This has made many investors to regard MUTM as the best cryptocurrency to invest in.

Another key feature which Mutuum Finance takes care of seriously is the concept of security. The project has a $50,000 bug bounty program. This serves as an opportunity for experts to scout for vulnerabilities prior to the actual launch of the product. Finding a critical bug can reward a person with a maximum of $5,000. Even a smaller bug can reward a person with as much as $200.

This ensures a high level of security of the product. As an investor, you will have peace of mind. You understand that your funds are secure in a safe place. Additionally, this demonstrates the level of professionalism shown by the project.

The future of XRP is not certain if it does not break through the resistance level. Mutuum Finance (MUTM) on the other hand is different. The token offers a low presale price with huge potential for growth. For anyone seeking information on which cryptos to invest in at this moment, MUTM is definitely a name that stands out as a great buy. It has the power to turn a small investment into a massive opportunity. Whereas XRP struggles to reach $3, MUTM is creating a way towards massive potential.

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

Website: https://mutuum.com/ 

Linktree: https://linktr.ee/mutuumfinance

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