Cardano price is slipping as dormant wallet activity drives new selling pressure, shaking investor confidence. ADA has broken below its ascending trendline, signaling a correction may be underway. On-chain data reveal long-dormant tokens are moving, hinting at increased exchange activity and potential short-term losses.
Technical indicators support further downside, with the $0.76 support level becoming a key target. Meanwhile, traders are monitoring the Relative Strength Index and MACD, both reflecting bearish momentum.
Consequently, investors are seeking alternative options for what crypto to buy now as Cardano shows signs of weakness.
Cardano Losing Momentum
Cardano has extended losses, trading under $0.82 after breaking its trendline. Dormant wallet activity has surged, indicating holders are ready to sell. CryptoQuant’s Taker CVD highlights a negative cumulative volume delta, confirming ongoing selling pressure.
Market watchers note that prior spikes in dormant wallet movements often coincide with temporary price tops. Consequently, ADA could retest its 45% retracement near $0.76.
Traders following crypto charts and crypto prices today are reacting cautiously, adjusting strategies to account for this downtrend. In addition, the crypto fear and greed index is tilting toward caution, suggesting sentiment may continue to suppress Cardano’s performance.
Ethereum Steady Amid Volatility
Ethereum price has remained relatively stable despite wider market swings. Investors focusing on crypto coins and crypto investing are eyeing ETH as a less volatile alternative.
Ethereum’s liquidity pools continue to attract decentralized finance activity, supporting borrowing and lending across networks. Furthermore, crypto predictions for ETH suggest consolidation rather than a sharp decline.
Consequently, market participants are evaluating ETH alongside other tokens to determine the best crypto to invest in while Cardano faces selling pressure.
Mutuum Finance Phase 6 Presale
Mutuum Finance (MUTM) has surged into attention as investors seek opportunities amid Cardano’s decline. Phase 6 of the presale is 45% filled, raising $16,250,000 since the presale began, with total MUTM holders reaching 16,570.
Current phase pricing sits at $0.035, reflecting a 250% increase from the first phase price of $0.01. Phase 6 is selling out quickly, and phase 7 will see a 14.3% rise to $0.04. MUTM will launch at $0.06, delivering a current ROI of 362% for phase 6 buyers.
Mutuum Finance offers a dual-market design, combining Peer-to-Contract and Peer-to-Peer lending. The P2C market provides instant liquidity, while P2P enables bespoke loan terms. Investors can deposit assets to earn yield or borrow against holdings without losing custody.
The team has finalized its Certik audit, achieving a 90/100 token score, confirming a strong security posture. Additionally, a $50,000 USDT bug bounty program rewards vulnerabilities across four tiers, enhancing safety for all users.
Mutuum Finance Incentives And Community
To encourage early participation, Mutuum Finance has launched a leaderboard dashboard rewarding the top 50 holders with bonus tokens. Moreover, the team has announced a $100,000 MUTM giveaway across ten winners, each receiving $10,000.
Entry requires a minimum $50 presale investment and completing simple wallet verification tasks. Investors following crypto prices today are taking note, seeing MUTM as a potential high-yield option.
Therefore, MUTM’s utility-focused design and structured presale offer a calculated approach for those considering the best crypto to buy now.
Investors Evaluating Next Moves
As Cardano continues to retrace, alternative tokens like Ethereum and Mutuum Finance are gaining attention. Crypto charts and crypto investing trends suggest MUTM could offer significant upside before launch.
Investors should note the combination of presale discounts, planned launch price, and yield opportunities. Consequently, MUTM is positioned as a viable option for those searching for the best crypto to invest today, especially amid broader market corrections.
For more information about Mutuum Finance (MUTM) visit the links below:
- Website: https://mutuum.com/
- Linktree: https://linktr.ee/mutuumfinance
