Top Cryptocurrencies to Watch as the Fed is Expected to Cut Rates in September

As the Federal Reserve has signaled an almost certain cut in interest rates this September, the crypto market is bracing for another cycle of capital influx and strategic positioning. While older and more conventional names like Ethereum (ETH) are set to move in accordance with general market sentiment, newer DeFi player Mutuum Finance (MUTM) is attracting disproportionate attention. 

Mutuum Finance (MUTM) is currently trading at $0.035 in presale phase 6. The early investors in the project will have at least 400% profit when MUTM can be bought and sold in the open market. Mutuum Finance has already amassed over $14.4 million in sales and has over 15220 token buyers. With volatility set to explode ahead of the Fed call, both established and newer blockchain projects can expect to see dramatic flips in investor interest.

Ethereum Rallies Toward $5,000 as Fed Rate Cut Hopes Rise

Ethereum (ETH) is hovering near $4,620, underpinned by strong institutional demand, ETF inflows, and renewed optimism following U.S. inflation data that bolsters expectations of a Federal Reserve rate cut in September. Improved CPI figures and rising chances of monetary easing have triggered bullish momentum across crypto markets, with Ethereum inching towards its all-time high. 

The $4,800-$5,000 area is now being tracked by analysts as the next key resistance for ETH. New protocols such as Mutuum Finance are also rising to prominence among investors in this macro-driven market. 

Mutuum Finance Enters Presale Stage 6

Mutuum Finance is performing amazingly in presale. The project is currently at $0.035 as stage 6 gains traction. Mutuum Finance is changing the game in the way DeFi operates by building a system with real-world real-use cases. The presale has garnered more than 15220 token holders with more than $14.4 million worth of funds already invested.

$100K Value of Tokens to Be Won

Mutuum Finance also launched a giveaway of $100,000. There will be 10 winners who will receive a reward of $10,000 in Mutuum Finance tokens. The giveaway is one of the evidences of how hard the project works to have a long-term and a loyal fanbase.

Another move towards transparency and security, Mutuum Finance (MUTM) has initiated an Official Bug Bounty Program with CertiK. The project team will be rewarding the participants with up to $50,000 USDT for finding bugs in the project.

The aim of the bounty program is to get a good coverage of all vulnerability classes. The program is split into the four vulnerability classes according to their severity, i.e., critical, major, minor, and low.

Mutuum Finance is a P2P and P2C lending protocol. It is a DeFi experience end-to-end to exactly meet the need of the consumers and comparatively safer, transparent, and diversified compared to conventional centralized finance products.

High-Performance Lending Protocol

Mutuum Finance is among the top-rated DeFi protocols in which assets are in total control of the users. It is a two-model lending protocol that is making lending and borrowing highly flexible and efficient such as Peer-to-Contract and Peer-to-Peer models.

Peer-to-Contract is a smart automatic contract where there is no human involvement at any stage. Peer-to-Peer model lacks an intermediary and hence lenders are directly linked to borrowers.

Ethereum can reach new heights if the Fed proceeds with Sept rate cuts, but Mutuum Finance is providing investors with an uncommon chance at merely $0.035 in front of its Stage 7 jump to $0.04. With $14.4M raised as of now, 15,220 holders, and 95.0 CertiK trust score, force is building rapidly. Be a part of it now before price rises and the market rushes in.

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

Website: https://mutuum.com/

Linktree: https://linktr.ee/mutuumfinance