The post Top 3 Altcoins as Cheap Cryptocurrency Market Turns Bullish appeared on BitcoinEthereumNews.com. The cryptocurrency market is entering a period of revivedThe post Top 3 Altcoins as Cheap Cryptocurrency Market Turns Bullish appeared on BitcoinEthereumNews.com. The cryptocurrency market is entering a period of revived

Top 3 Altcoins as Cheap Cryptocurrency Market Turns Bullish

5 min read

The cryptocurrency market is entering a period of revived optimism due to the increased search of high-growth assets. Although the bigger market is indicative of a bullish market, the line is becoming distinctly drawn between old and new technology. It is becoming increasingly apparent to many investors that the iconic pieces of the old are starting to have a hard time dragging their own weight. 

These top altcoins have serious challenges and a new crypto is emerging with more robust growth indicators. This change will be a transition of coins being fueled by social media hype to protocols being made of sound financial frameworks. The market does not merely want a low price anymore, the market wants a resolution to the issues that continue to suspend older coins higher.

Shiba Inu (SHIB)

Shiba Inu is also one of the most famous in the category of low-cost cryptocurrencies. It had initially become known because of its huge price spikes and a culture that was able to make their small fortunes out of big fortunes. 

SHIB is currently trading at very low decimals with a market capitalization that remains in the billions. The challenge posed by this huge size is now its greatest challenge. The market cap is already very high, which means that a small percentage change in price will take an amazing amount of new money to push the token.

This is what is referred to as a liquidity problem. The coin was the favorite of early investors as it rose and fell very quickly, however, the chart has been illustrating a slow movement and the failed breakout attempts recently. Whenever the price attempts to increase, it starts facing a wall of sell orders by those who want to leave. 

Pepecoin (PEPE) 

The same thing happened to Pepecoin, which burst into the market with tremendous hype and a steep adoption curve. It attracted the internet news and became an instant star in the meme coin industry. PEPE, however, is now experiencing a narrative problem. 

The initial enthusiasm that helped it to rise is slowly disappearing and community demand is also displaying some weakness. The token does not have an obvious use case other than on the social media in jokes, and it cannot identify a reason to have a long-term recovery.

The trend is on the negative side and its future price is not optimistic by most analysts. In comparison to the projects that have a real utility, PEPE is completely dependent on the purchase of the story by new people. 

Mutuum Finance (MUTM)

Mutuum Finance (MUTM) is coming out to be the solution to the issue with SHIB and PEPE. It does not take huge amounts of liquidity to induce a shift in its price, and its expansion is pegged on actual financial action as opposed to internet euphoria. 

This protocol is developing a dual-market lending system which can enable instant pool based loans as well as bespoke peer-to-peer agreements. With the mtTokens, the platform will connect the value of the token to the interest paid on the protocol. This predictable form of lending will keep the system stable and operational even in the face of a change in market moods.

The project is now experiencing an epic influx at its infantile stages. It has generated more than $20.1 million funds using a sum of above 19,900 investors. In the present stage, MUTM is selling out at $0.04, and 1.82 billion tokens will be distributed during the initial phase. 

More than 835 million tokens are already sold proving that the community is rushing to find their place. This framework offers a proper growth path that is facilitated by real money that is entering the system.

Roadmap Catalysts and Price Prediction

Mutuum Finance has officially moved from a development-heavy phase into testing utility with the launch of its V1 protocol on the Sepolia testnet. This milestone is essential because it allows the global community of over 19,000 holders to verify the lending mechanics and security features in a live, risk-free environment. 

The V1 protocol on Sepolia serves as the foundational engine for decentralized lending and allows users to interact with several advanced financial tools. You can supply assets like ETH, USDT, LINK, and WBTC into shared liquidity pools to provide liquidity. When you deposit these assets, the protocol mints mtTokens, which act as interest-bearing receipts that grow in value automatically as borrowers pay interest back into the system. 

Users can also post collateral to borrow liquidity, with the system issuing debt tokens to track the principal and the interest accrued over time. To keep the platform secure, an automated liquidator bot is active to monitor collateral ratios and manage risk during market swings.

The current MUTM entry price of $0.04 offers a final 50% discount. The crypto market change is evident, and many analysts believe MUTM is set to be a top option in the new bullish cycle. While established meme coins like PEPE and SHIB are mature assets that may see steady growth of 15% to 30%, analysts suggest MUTM has the potential for a much faster repricing. Current predictions indicate that MUTM could realistically climb to the $0.40 to $0.50 range as V1 attention accelerates and the mainnet follows. This would represent an increase of roughly 900% to 1,200% from the current phase.

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

Website: https://www.mutuum.com
Linktree: https://linktr.ee/mutuumfinance

Source: https://www.cryptopolitan.com/top-3-altcoins-as-cheap-cryptocurrency-market-turns-bullish/

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