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Mutuum Finance Presale Tops $16 Million as Phase 6 Nears Halfway

The project now points to a $0.04 next-stage price, a $0.06 launch target, plus a beta timed to the token listing.

Overview

  • More than $16 million has been raised from over 16,400 participants, with Phase 6 priced at $0.035 and nearly 50% of the allocation sold, according to the latest update.
  • Phase 7 is slated to lift the token price to $0.04, and the planned public launch price is cited at $0.06, with the platform’s debut intended to coincide with the token listing.
  • Mutuum’s design combines pooled money markets with a peer-to-peer lending layer, issuing 1:1 mtTokens that accrue yield and can be staked for MUTM rewards funded in part by fee buybacks.
  • The team reports ongoing CertiK review activity with a Token Scan score of 90 and a Skynet score of 79, plus a $50,000 bug bounty and a $100,000 community giveaway.
  • Recent coverage features bullish projections, including a touted 40x scenario, which remains speculative and contingent on successful audits, rollout, and exchange listings.