Bitcoin is moving in a tight range as traders monitor key levels. In the latest Bitcoin news today, BTC rose from around $66,000 to nearly $69,000 after weak CPI data, but now faces strong resistance between $70,000 and $74,000. Support lies between $66,000 and $68,000. Many traders are asking if BTC can go higher, while others are waiting for the next crypto to explode. As the price stagnates below $74,000, some analysts claim that a new crypto coin like Mutuum Finance (MUTM) might be a better crypto to buy now for bigger gains in the short term.
BTC tests key levels
BTC is pushing against $70,000, but sellers are still defending the $74,000 zone. Trading volume rose more than 40% in one day, but U.S. cash ETFs saw net outflows after days of inflows. This shows that big funds are cautious at this price. The network’s hashrate soared more than 20% after winter slowdowns, contributing to long-term value.
However, short-term developments remain driven by mood and current events. Many Bitcoin traders are now hedging near resistance and buying near support. Nonetheless, some investors believe BTC could move slowly below $74,000 and are looking for the next crypto to explode.
Pre-sales growth and launch potential
Mutuum Finance has raised $20,580,000 and reached 19,010 holders since the presale began. Phase 7 is open at $0.04 and is selling quickly. The price increased by 300% from $0.01 in the first phase. Once the full presale ends, the introductory price will be $0.06. Analysts are discussing a rapid move to $0.80 shortly after launch, a 20-fold jump from $0.04. This view is linked to strong demand for the tokens, a fixed supply of 4B tokens with 45% in presale and over 850 million already sold.
When the exchange listings and mainnet go live, new buyers will drive the price up. For example, a purchase of $1,000 at $0.04 results in 25,000 tokens. If the price reaches $0.80, it becomes $20,000. Such mathematical motivations indicate that this is the best new crypto coin and even a better crypto to buy now than waiting for BTC to clear $74,000.
Testnet functional progress
The team has already launched the Protocol V1 on Sepolia testnet. This is only a test version, so users cannot deposit real funds. However, this shows how the system will work. The testnet supports USDT, ETH, LINK and WBTC. Users can simulate provisioning and see mtTokens issued 1 to 1 as received. These mtTokens increase in value as interest increases. Borrowers receive debt tokens that track loan amount and interest in real time.
Buy and distribute rewards
Mutuum Finance provides a buyback and redistribution model. A portion of the protocol’s revenue will purchase MUTM on the open market and send tokens to security module stakers. This doesn’t burn supply, but it rewards stakeholders in the long run. If the protocol brings in $3 million in fees and 15% is spent on redemptions, that’s $450,000 worth of shared tokens. A user staking $5,000 worth of mtTokens could earn additional MUTM each cycle.
There is also a dashboard with the biggest daily buyers. The 24-hour leaderboard resets at 00:00 UTC and user #1 earns a $500 MUTM bonus every day if they make a trade. Additionally, a $100,000 gift will reward 10 winners with $10,000 each. These features help explain why some consider this new crypto coin a better buy now.
Last words
Bitcoin can still reclaim $74,000 if volume and funds return. Yet in Bitcoin news today, experts note that resistance is firm and gains could be slow. For investors looking for faster upside and the next crypto to explode, Mutuum Finance stands out as a new and better crypto coin to buy now during this cycle.
For more information on Mutuum Finance (MUTM), visit the links below:
Website: https://mutuum.com/
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