Amid rising geopolitical tensions that have shaken the traditional markets, Bitcoin (BTC) continues to demonstrate resilience with great performance. According to the latest data, the leading cryptocurrency by market cap has grown by over 650% since 2022, a statistic that continues to attract investors. Bitcoin (BTC) price holds steady The price of Bitcoin (BTC) has stabilized in the past week at around $104,000 and $107,000 despite the rising tensions that have tanked markets. Data shows that Bitcoin (BTC) is currently in its third major bull cycle. The first of these was in 2015 and 2018, and the second was in 2018 and 2022. At the time, those two cycles delivered gains of 1,076% and 1,007%, respectively. The third cycle, which started in 2022, has gained over 650%. One explanation for this is that the cycle of exponential growth is slowing as the valuation rises. For example, Bitcoin currently has a market cap of over $2 trillion, while the entire crypto market has a market cap of over $3.2 trillion. In previous cycles, both of those figures were much smaller. Altcoins deliver mixed results Ethereum is currently above $2,500, which reflects a growing interest in smart contracts. At the same time, Solana has seen some respectable stability, remaining at around the $150 mark since the conflict started. XRP has also managed to hold onto its value at around $2. Meanwhile, the regulatory environment continues to improve for altcoins. The SEC has dismissed several lawsuits on favorable terms for the crypto firms, including Coinbase and Kraken. These developments signal a major policy shift towards crypto at the US Federal level. Additionally, with legislation in the works, it could provide further clarity to the crypto sector, spurring growth. Amid this growing optimism in the crypto sector, investors are looking for new opportunities for growth. One that has caught their attention so far is Mutuum Finance (MUTM) , a project in the DeFi sector that is built on the premise of utility. With a growing focus on utility and a shift away from hype-driven meme coins, Mutuum Finance (MUTM) presents the perfect entry point to ride the oncoming altcoin bull cycle. Some analysts forecast that it could deliver gains of up to 2,650%. The Mutuum Finance (MUTM) DeFi project Mutuum Finance (MUTM) is a decentralized non-custodial protocol that allows users to participate as lenders, borrowers, or liquidators. As lenders, they deposit their assets to receive interest. The interest rate is dynamically set based on the pool’s utilization rate. Borrowers can take loans from the pools using overcollateralized collateral. To ensure that loans remain at the proper levels of overcollateralization, the protocol comes with several parameters built into it. One of these is the loan-to-value ratio. Each asset will have its own unique LTV parameter based on its characteristics, such as its volatility, decentralization, and liquidity. Another important parameter on the protocol is the liquidation threshold. Volatile assets such as meme coins will feature more conservative liquidation thresholds. That will help to account for their potential for rapid price movements, which could affect the stability of the ecosystem. Besides these parameters, Mutuum Finance (MUTM) has strict security measures in place. The first of these was a third-party security audit. Mutuum Finance (MUTM) passed the audit with excellence and received a Token Scan Score of 80 on CertiK. The results of the CertiK audit have continued to be a source of trust in the project, which has helped it to achieve blazing success in the ongoing presale. The MUTM token presale Mutuum Finance (MUTM) is currently in phase 5 of the presale. It has raised over $10.8 million from around 12,250 unique buyers so far. The tokens in the current phase of the presale are going for $0.03, a 200% increase from the phase 1 price of $0.01. In the upcoming phase of the presale, the token price will go up by 16.67% to $0.035. The presale is open to everyone, and anyone can easily participate by visiting the presale dashboard and connecting their wallet. So far, 40% of the phase 5 tokens have been sold, barely two weeks after they went on sale. A major reason for the blazing speed of the presale is the ongoing $100,000 giveaway . Mutuum Finance plans to give ten lucky participants in the presale $10,000 worth of MUTM tokens each. To qualify for this prize, you only need to participate in the presale with a minimum of $50. Mutuum Finance (MUTM) is an exciting, CertiK-audited presale project that is projected to deliver massive returns. Based on the analysts’ forecast of gains of 2,650%, a $1,300 investment in the presale could net you $34,450. That is a respectable return that no investor should miss out on. There is still time to take advantage of this massive opportunity at the low price of $0.03 per token. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://www.mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post BTC climbs despite global tensions: can MUTM ride the next risk-on wave? appeared first on Invezz
