Dogecoin is stalled despite the recent Coinbase loan onboarding, with price action showing limited tracking. Although the integration represents additional utility for DOGE holders, trading momentum has remained subdued compared to previous speculative cycles. On the other hand, Mutuum Finance (MUTM) has gained momentum amid growing attention to its decentralized financial framework. The new crypto leverages a non-custodial protocol designed for dual lending.
Dogecoin remains weak despite Coinbase loan integration
Dogecoin (DOGE) continues to struggle under selling pressure, failing to reclaim $0.10. This comes even after Coinbase added DOGE, ADA, and XRP as collateral for loans of up to $100,000 in USDC through the Base network and Morpho protocol. This integration allows qualified US users to access liquidity without liquidating their holdings, but the DOGE price has not reacted, remaining in a downtrend with lower highs on the weekly chart.
Derivatives trading volume and open interest declined, reflecting lower market conviction, while technical momentum points toward $0.055 support as the next potential bottom. In this environment, investors are watching Mutuum Finance, an emerging project that combines upfront pricing with functional utility, offering a solid alternative to blocking Dogecoin.
Mutuum Finance pre-sale attracts strong interest
The Mutuum Finance pre-sale continued to attract steady participation, reflecting continued confidence in the platform. The token launched at $0.01 in Phase 1 and is currently in Phase 7 at $0.04, with Phase 8 expected at $0.045. To date, the presale has received contributions from over 19,040 participants, totaling over $20.65 million.
This continued traction is supported by the project’s structured pre-sale model, in which pricing advances in defined stages as allocation milestones are reached. With over 850 million tokens already sold out of the 1.82 billion allocated for the presale, almost half of the distribution has been secured, gradually reducing the available supply to reduced price levels.
In addition to gradual price escalation, the ecosystem’s staking-based reward mechanisms are designed to encourage long-term participation once the token is launched. Together, structured pre-sale pricing, tighter allocation, and incentive-driven engagement form a framework to support sustained ecosystem growth beyond the initial distribution phase.
Buyback and redistribution model
Mutuum Finance aligns platform performance with token value through its buyback and distribution program. A portion of the protocol’s revenue, generated from interest payments, transaction fees, and other activities, is used to buy back MUTM tokens from the market. These tokens are then distributed to participants who stake mtTokens in the security module.
This model promotes a sustainable cycle in which active use of the platform can contribute to token demand, while participants benefit from ecosystem activity. By directly tying revenue to token redistribution, Mutuum Finance encourages engagement and aligns user incentives with the continued development of the protocol.
Built-in Stablecoin Loan
The platform also allows participants to create their overcollateralized stablecoin, providing a simplified borrowing option. By locking digital assets as collateral, users can generate stablecoins pegged to $1 while maintaining exposure to the underlying holdings.
For example, a user could post Solana collateral to create stablecoins while still earning yield on the SOL as part of the loan. This yield can be used to repay part of the loan, combining access to liquidity, passive income and stability in a single DeFi solution. This demonstrates how Mutuum Finance combines borrowing, yield generation and risk management to provide a convenient and flexible financial experience for participants.
Dogecoin has failed to gain momentum despite new lending integration from Coinbase, remaining in a downtrend towards $0.055 as investor interest wanes. On the other hand, Mutuum Finance (MUTM) is gaining momentum with over $20.5 million raised in presale at $0.04 per token. The platform’s integrated stablecoin lending, buyback, and redistribution model and staking incentives provide true DeFi utility that speculative memes lack. As DOGE stagnates, this new crypto attracts investors looking for functional on-chain yield opportunities and sustainable growth.
For more information on Mutuum Finance (MUTM), visit the links below:
Website: https://mutuum.com/
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