XRP is leading the crypto market headlines, and it’s not for the right reasons. Ripple recently reported big losses, and it’s projected that the cryptocurrency will drop below $1. 9 soon. The FGI for XRP dropped to an awful 15, indicating a Crypto Famine is on the global horizon. XRP Futures have dropped to trading volumes not seen since November. The inclination towards risk cryptocurrency now firmly resides with the lower weighted 99th. XRP recently unveiled its first US-based ETF, but it hasn’t stemmed the losses. Analysts remain bearish, with a target of $1. 75. Investors now are seemingly looking for the next top crypto to buy. As volatility increases, many are looking to early-stage projects with real traction and community like Mutuum Finance (MUTM). XRP is Experiencing Greater Selling Pressure XRP`s situation is becoming more and more measurable. Currently, the token is testing a trend line support level. If this line is breached, it could lead the token to a new level of rapid decline. The market is displaying a 27% growth in trading volume over the past 24 hours, representing almost 5% of its circulating market cap. This volume growth is generally a sign of increased selling pressure as opposed to increased buying of the asset. The decline of this open interest leads to the conclusion that market participants are closing their contracts and leaving the active trading of the asset, and that they see limited upward potential in the short term. In the highly unusual situation that a support level holds, the token could trade higher in short time as a result of positive technical market action. However, the overall structure remains weak, as this flat price action is unlikely to lead to a sustained technical recovery. This continuing market condition is likely to lead to many market participants to look for new presale project opportunities like Mutuum Finance (MUTM), as it will likely be the best new crypto to buy to diversify into while other market assets appear to be stuck. Mutuum Finance (MUTM) Has A Stable Investment Despite recent turbulence with the already established token, XRP, the presale of Mutuum Financing (MUTM) is and continues to be strong and is earning respect as one of the top presale crypto investments to consider. With $18. 9M and over 18, 140 holders, the project is building a strong community with solid support. During the sixth presale, tokens can be purchased for $0. 035. The presale is closing fast, since the sixth presale has a 95% fill-rate. Thus, this will be the final presale for a purchase price under $0. 040. As the price is trending to $0. 06 at launch, it will be a lofty gain for those who purchase now and a contrast to the uncertain gains to be had in the crypto token you already own. Thus the presale is a no brainer for any investor seeking crypto to purchase. MUTM’s Strong Ecosystem Mutuum Finance is building an ecosystem designed for stability and scalability, rest on the groundwork of a stablecoin the project is building. Unique to the project is the approach to stability with an over-collateralized, closed-loop system whereby users, with approved collateral, can mint and subsequently burn the stablecoin after debt repayments. The stablecoin renders a value anchor for closed-loop systems and presents a safe engine for the system to run on, especially when the collateral, a digital asset like XRP, is volatile to market. Moreover, The project sustains strong community activity with a one-of-a-kind, interactive, 24-hour leaderboard displaying the top 50 wallet holders and daily rewarding the top holder with $500 in UTM, offering a competitive and high activity ecosystem presale. The stablecoin, a deflationary presale (and market asset), strong activity and community makes MUTM one of the top cryptos to invest in. Focusing On Strategic Diversification MUTM has compared fortunes with other cryptocurrencies in the market. Notably, while Ripple contemplates the collapse of its withering market, Mutuum Finance restocks with unparalleled transparency: presale and product creation. The remaining time in Phase 6 is going fast, and at the current price the urgency is piquing for investors contending for the next best crypto to buy. Investing in Mutuum finance comes with a next-gen stablecoin and fascinating/dependable tokenomics, and no other investment offers the long-term value proposition. The current market climate is edgy; changing bets toward liquidity and transparency is the safest route, and stable roadmaps are the strongest value. For more information about Mutuum Finance (MUTM) visit the links below: Website: Linktree:.
https://bitcoinethereumnews.com/crypto/top-crypto-to-buy-now-as-ripple-xrp-struggles-mount/
Top Crypto to Buy Now as Ripple (XRP) Struggles Mount
