SHIB wipes out half of July’s gains after 16% drop while MUTM sentiment surges

2025-8-3 19:50

In a month marked by sharp reversals and shifting investor sentiment, Shiba Inu (SHIB) has surrendered over half of its July gains following a steep 16% price drop, underscoring the volatility gripping meme-driven assets.

Meanwhile, in stark contrast, Mutuum Finance (MUTM) is capturing market attention with a surge in investor confidence and rising engagement in its presale. 

Priced at $0.035, this emerging DeFi project has captured trader interest.

Investors who join the presale now in phase 6 are guaranteed a 71.43% return on investment when the project launches at $0.06.

MUTM has raised more than $13.9 million and has gained over 14,800 investors.

As legacy tokens like SHIB face renewed sell pressure, MUTM is quietly emerging as a dark horse in the DeFi market.

Shiba Inu (SHIB) slumps after erasing half of July’s gains

Shiba Inu is trading around $0.00001297, having fallen approximately 16% earlier this week, wiping out nearly half of its July gains and triggering increased bearish sentiment as RSI moves into oversold territory and signs of weakening volume emerge.

Key support now sits near $0.0000125, while resistance remains in the $0.0000143–$0.0000144 zone.

Failure to hold could lead to consolidation or further downside into the $0.0000123 band.

Amid this cooling meme-coin moment, investor attention is increasingly shifting toward utility-centric DeFi projects like Mutuum Finance.

Mutuum Finance presale growth 

Mutuum Finance is priced at $0.035 in stage 6 of the presale, following a faster-than-expected sellout of stage 5.

The subsequent stage will have the token price rise by 14.29% to $0.04.

Early investors will enjoy an initial gain of 71.43% since the token goes onto the market at $0.06.

Mutuum Finance has so far raised over $13.8 million, while the project has attracted over 14,700 investors, and estimates put the token at $2 following launch. 

 Pioneering the next era of DeFi lending

Mutuum Finance is a platform in which the users retain control of the assets during the lending process.

MUTM’s double-model, which features Peer-to-Contract and Peer-to-Peer loan frameworks, is applied to achieve greater flexibility and efficiency.

Smart contracts facilitate human-less lending in the Peer-to-Contract model.

These smart contracts are market-driven through dynamic interest rates to maintain high interest rates. 

Peer-to-peer architecture takes out middlemen and offers lenders and borrowers direct access.

The architecture is utilized by users when dealing with meme coins like Shiba Inu, which are extremely volatile in nature. 

Enhancing DeFi security through $50K bug bounty and incentives

Mutuum Finance (MUTM) is conducting a $100,000 giveaway. There will be 10 winners who will receive $10,000 in MUTM tokens.

The project has also created a new leaderboard with the top 50 token holders who will be rewarded with bonus tokens for their positions.

In order to further solidify its platform, Mutuum Finance has recently introduced a $50,000 Bug Bounty Program in partnership with CertiK.

Every bug will be rewarded, and the bounty will be distributed across four tiers, i.e., critical, major, minor, and low.

Shiba Inu (SHIB) is losing momentum after dropping 16% and erasing much of its July progress.

While SHIB struggles near support, Mutuum Finance (MUTM) is gaining traction fast. The token is priced at $0.035 in Phase 6 of its presale.

The next phase will raise the price to $0.04, and launch is set at $0.06, giving early buyers a 71.43% ROI. So far, over $13.9 million has been raised from 14,800+ investors.

With a $50K CertiK bug bounty, a $100K giveaway, and strong DeFi fundamentals, MUTM is emerging as a serious coin. Secure your spot now before the next price increase.

For more information about Mutuum Finance (MUTM), visit the links below:

Website: https://mutuum.com/

Linktree: https://linktr.ee/mutuumfinance

The post SHIB wipes out half of July’s gains after 16% drop while MUTM sentiment surges appeared first on Invezz

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