Despite the expansion of the Solana network, its value has been tethered at a level not exceeding $147. This reveals that despite having a capable blockchain, a low level of activity can be identified in prices. The fact is that smart investors in these days look for newer projects.
An example of such an investment would be Mutuum Finance, which is in presale and has been highlighted as an ideal place to invest and the best cheap crypto to buy. This DeFi crypto only costs $0.04 and has been highlighted as an extremely strong investment and one of the top places to invest in the market.
Solana Price Analysis
Solana has experienced massive use cases, with trading volumes above $1.6 trillion on the network in the last year. Institutional investors like Morgan Stanley have also indicated interest in the asset, filing for an ETF related to Solana. However, it looks like the SOL price has faced challenges in overcoming the current level of resistance at $147.
If there is a challenge for the top crypto to break this particular level, it is expected that it will form a sideway trend. This might be quite disappointing for investors, as they may be looking for gains immediately. Due to such challenges, investors have been looking for presale options like the DeFi crypto Mutuum Finance.
Mutuum Finance Presale
Of the investment opportunities, the one that is most easily available is the presale of Mutuum Finance. At the moment, they are in Phase 7, with token prices at $0.04. Phase 7 will soon be completed with Phase 8 imminent at a token price of $0.045. Purchase at this point may enable an individual to make an immediate gain prior to the subsequent 20% jump that will occur in phase 8. Using the same example, 50,000 MUTM may be purchased at this juncture for the price of $2000. Once listed on exchanges for the price of $0.06, its value will increase to $3000. That’s a $1000 profit before any market activity.
Overcollateralized Loans
Mutuum Finance is a complete lending facility. One such notable thing about this facility is that loans are over-collateralized for securing profits and the stability of the facility. For instance, an investor can decide to collateralize a $7,500 stablecoin loan with $10,000 Ethereum via MUTM’s Peer-to-Contract (P2C) pools. The Ethereum is not sold but is left to gain in case of price increases. Therefore, Mutuum Finance is a DeFi crypto that is quite sought after as the best cheap crypto to buy now.
Peer-to-Peer Business Model
Another feature would be Peer-to-Peer Trading or P2P in this system. Investors have the option to create their own deal. The P2P system can be involved in interactive negotiation processes to secure higher profits with higher interest rates as an enticement in a transaction. For example, a loan worth $5,000 in this model at an annual 20% interest rate can yield an extra $1,000. The P2P model delivers bigger APY than the P2C model.
It is important to note that even the rate of growth in Mutuum Finance is not like that in SOL by any means. The presale in Mutuum Finance is less expensive and easy to access. Additionally, the role of lending is quite valuable and secure for the DeFi crypto and its investors. For people who seek gains in a short while, MUTM is a top choice as the best cheap crypto to buy.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
Source: https://www.cryptopolitan.com/and-the-best-cheap-crypto-to-buy-now/
