While Shiba Inu deals with a security breach, Mutuum Finance's presale is gaining momentum, raising over 15 million with strong utility and audits.
Mutuum Finance Gains Momentum as Shiba Inu Faces Breach
The crypto market is witnessing two significant developments that are drawing strong attention. Mutuum Finance (MUTM) is pressing ahead with its presale, already recording major investor demand, while Shiba Inu has moved to freeze 4.6 million BONE tokens after a breach linked to its Shibarium bridge.
These events are shaping discussions on what crypto to buy now, as one project is rapidly building momentum and the other is scrambling to protect its ecosystem.
Shiba Inu Freezing 4.6M BONE
Shiba Inu developers have been responding to a Shibarium bridge breach by locking 4.6 million BONE tokens. Attackers exploited a flash loan to gain validator control, prompting the team to pause staking functions and move funds to a multisig wallet. This decisive action has provided short-term market relief, lifting BONE’s price by 41% in the last 24 hours.
Security experts including PeckShield, Hexens, and Seal 911 are assisting in auditing validator keys. Authorities have also been informed as the investigation continues. Moreover, Shiba Inu is offering a bounty for the safe return of compromised funds.
Shibarium’s bridge remains essential for its ecosystem, as it enables the transfer of SHIB, BONE, and LEASH across networks. Developers are pairing these fixes with other updates, such as a LEASH V2 migration and ShibaSwap redesign to expand DeFi and liquidity features. Consequently, Shiba Inu is attempting to recover trust, yet ongoing risks highlight how fragile networks can become under coordinated attacks.
Mutuum Finance Presale Momentum
Mutuum Finance (MUTM) has been attracting investors through its ongoing presale, which is currently in Phase 6. The token price now stands at $0.035, marking a 250% rise from the opening phase price of $0.01. Since launch, $15,900,000 has already been raised, and total holders have reached 16,340.
Phase 6 is selling out rapidly, meaning the current entry point is not lasting long. Once Phase 7 opens, the token price will rise by 14.3% to $0.04. The presale will conclude with a launch price of $0.06, securing early buyers returns of about 320% after listing. This price trajectory is turning Mutuum into one of the best cryptos to buy now, especially for those seeking near-term upside.
In addition, the team has introduced a leaderboard dashboard for the top 50 holders, rewarding them with bonus tokens for holding their positions. This incentive program is strengthening community participation and encouraging larger holdings.
Lending Model And Utility
Mutuum Finance is positioning itself as a lending protocol designed to handle both stable and volatile assets. Its peer-to-contract model allows users to deposit assets into pools that auto-match borrowers, with interest rates adjusting based on pool utilization. Conversely, its peer-to-peer model enables direct lending between users, granting them flexibility in setting interest terms.
Borrowers are required to overcollateralize, ensuring safety when token values fluctuate. Liquidation penalties and incentives further safeguard the system. Moreover, Mutuum is employing deposit and borrow caps to protect against market manipulation, while its price feeds are expected to rely on Chainlink oracles for accuracy.
This dual approach is balancing growth with risk management, while features like Enhanced Collateral Efficiency are improving capital usage. Therefore, investors are viewing it as a new crypto coin that brings structured solutions to DeFi lending challenges.
Security, Audits, And Giveaways
Mutuum Finance has already completed a CertiK audit, earning a solid score of 90/100. To reinforce security, it has launched a bug bounty program with $50,000 USDT allocated across four severity tiers. Critical, major, minor, and low vulnerabilities all qualify for rewards, ensuring continuous system checks.
Alongside this, Mutuum Finance has announced its largest giveaway to date. A total of $100,000 MUTM tokens is being awarded, split across 10 winners who each receive $10,000. Eligibility requires a minimum $50 investment in the presale, plus simple participation steps like submitting a wallet address and completing listed quests.
Building Investor Confidence
These developments are showing why Mutuum Finance emerges as the crypto to buy as Shiba Inu locks 4.6M BONE amid bridge hack fears. While Shiba Inu is struggling with security challenges, Mutuum Finance is steadily building momentum with strong presale results, robust utility, and proven safeguards. Investors looking at what crypto to buy now are finding clear reasons to prioritize MUTM.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
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