The Pi Core Team (PCT) recently released an update on the .pi domain name auction. This auction marks a milestone in expanding the Pi Network ecosystem. However, the reaction from the community has been underwhelming. Most of the community expressed their disappointment at the update, saying the project team should focus on more meaningful updates. It marks yet another disappointment in a long line of such disappointments since PI went live. Amid this underperformance, many PI holders are looking for options for growth elsewhere. One of their main targets so far is Mutuum Finance (MUTM) , which is currently in the presale. Looking for new opportunities to 20x their investments, PI holders are taking every opportunity to shift capital into this promising presale project. Tepid community reaction Following the release of the .pi update, the Pi Network team had been hoping to draw in more investors. However, it seems not to have worked out as hoped, and over the past week, the price of PI is down over 12%. The trading volume has also seen a significant surge recently, with tokens moving into centralized exchanges. That suggests that there could be a lot of token dumps about to occur. The coin is currently consolidating around the $0.56 price point, which has become the main pivot point after the price slipped from $1.50 to $0.040 in March 2025. Another strain to the project comes in the form of daily unlocks, with 11 million PI tokens unlocked daily. That could further put pressure on the price of PI, dampening hopes of a rebound. While a rebound to around $0.80 is possible, the current conditions signal that there is no catalyst for this movement. However, an upcoming announcement planned for June 28, 2025, could turn things around for the price of PI. The Mutuum Finance (MUTM) project Mutuum Finance (MUTM) is an exciting project that is currently in the presale phase. The project is built to revolutionize the decentralized finance (DeFi) industry, and aims to be the main DeFi protocol going into the future. The project offers users access to a decentralized, non-custodial DeFi protocol where they can participate as lenders or borrowers. As lenders, they can deposit their assets to earn interest. The interest payments they receive are based on the pool utilization rate. This rate is determined by measuring the value of tokens being actively borrowed in the pools against the total value in that pool. As the utilization rate rises, it pushes up the interest rate, which causes borrowers to repay their loans. It also attracts more lenders due to the higher yields. Over time, this positive feedback loop leads to optimal capital efficiency within the ecosystem. To protect lenders in the pools, Mutuum Finance requires that all loans be overcollateralized. That means that borrowers must deposit assets worth more than the value of the assets they borrow. The process ensures that, in case of rapid market movements, there is always enough of a moat for liquidators to step in and stabilize the situation. Security on Mutuum Finance is a priority, as seen by the results of the independent third-party audit posted on the project’s homepage. The project has received a Token Scan Score of 80 from CertiK, one of the most trusted audit services in the crypto industry. The results have helped to boost trust in the presale, which has contributed to its current performance. Besides that, Mutuum Finance (MUTM) plans to launch a bug bounty program when the tokens go live. In this program, there will be an open invitation to developers, ethical hackers, and security experts to check out the protocol code, the app, and various other aspects of the project to find vulnerabilities. The bug bounty program will be rolled out to complement the internal team and will ensure there are always as many eyes as possible on the project’s safety. Details of the MUTM token presale The Mutuum Finance presale has raised over $10.8 million since it started. So far, around 12,250 unique buyers have participated in the presale. The tokens in the current phase 5 of the presale are going for $0.03, a 20% increase from the phase 4 price of $0.035. In the upcoming phase 6 of the presale, the token price will go up by 16.67% to $0.035. Mutuum Finance (MUTM) has organized a $100,000 giveaway as a token of appreciation to early supporters of the project. The team plans to reward ten lucky presale participants with $10,000 worth of MUTM tokens each. To qualify for this massive giveaway, you only need to purchase at least $50 worth of MUTM tokens in the ongoing presale. Mutuum Finance (MUTM) is an innovative project that could have a transformative impact on the DeFi industry. Currently in the presale, early investors stand to reap big. According to analysts, the price of MUTM tokens could go up by 20x. As PI investors continue to pour into the presale looking for future growth, this is your perfect opportunity to join them and ride the momentum beyond the token listing. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://www.mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post Pi Network stumbles with domain move — MUTM draws investors’ attention appeared first on Invezz
